Loyalty fraud incidents are on the rise
Loyalty fraud has seen a sharp rise in 2019, with the number of incidents increasing by 89% compared with last year.
Whistleblower claims Deutsche Bank took years to alert authorities about Danske Bank’s suspected money...
Despite a whistleblower flagging suspicious transactions five years ago, Deutsche Bank allegedly waited until February this year to disclose one million suspect money transfers it did for Danske Bank.
Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon the cryptocurrency project
Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.
US SEC halts $1.7bn token offering
The US Securities and Exchange Commission (SEC) has halted the $1.7bn digital token offering in the US and overseas of Telegram Group.
American Express informs customers of internal data breach
American Express has informed a number of its customers their personal information has been breached after a fraudulent attack.
Austreme gets patent for transaction laundering detection technology
Austreme has received a patent for its transaction laundering detection technology, which helps identify transactions from unauthorized e-commerce websites.
EU’s finance commissioner promises to introduce new cryptocurrency laws in response to Libra
Facebook’s cryptocurrency may be facing more regulatory supervision as the EU’s finance commissioner has pledged to introduce new law proposals for digital money.
SmartSearch receives growth equity investment from Marlin Equity Partners
Anti-money laundering (AML) software provider SmartSearch has raised a growth equity investment from Marlin Equity Partners, the private equity firm.
This is how much money you must have to trade in virtual assets according...
The Securities and Futures Commission (SFC) of Hong Kong has issued new regulations for fund managers investing in virtual assets.
FRISS extends partnership with Munich Re to support worldwide anti-fraud efforts
FRISS, an AI-powered fraud and risk solution provider for the P&C insurance space, has extended its partnership with Munich Re.
