Suncorp is latest Australian financial institution to deploy Arctic’s AML solution
Australian finance, insurance and banking corporation Suncorp has implemented Arctic Intelligence’s AML and CTF solutions.
A suspicious transaction database is needed to help battle money laundering and fraud
A centralised database for suspicious transactions would be the best way to help financial institutions improve the fight against money laundering and fraud, according to Pedro Pinto Coelho, CEO at Banco BNI Europa.
Swedbank launches financial fraud unit in wake of money laundering probes
Nordic banking group Swedbank has launched a unit dedicated to financial fraud and security amid a money laundering scandal which has sent the bank's valuation reeling.
Raiffeisen Bank International teams with Feedzai to boost fraud prevention
Austrian Raiffeisen Bank International (RBI) has formed a partnership with Feedzai to improve its fraud prevention powers.
FinCEN fines Bitcoin trader $35,000 for AML and BSA breaches
The US’ Financial Crimes Enforcement Network (FinCEN) has fined a Bitcoin trader $30,000 for breaching the Bank Secrecy Act’s (BSA) registration, program, and reporting requirements.
Payfone forms strategic partnership with TransUnion, after $24m funding round
Digital identity authentication solution Payfone has closed a new funding round on $24m.
Foregenix, Tranwall partner to combat ATM cashout fraud
Cybersecurity company Foregenix has teamed up with Australian payment card security company Tranwall to combat the rise of global ATM cashout fraud.
Trulioo launches its identity verification system in Malta
Trulioo, an identity verification platform, has added Malta to its global identity verification coverage.
Just under three quarters of APAC banks expect fraud cases to increase in 2019,...
Just under three quarters of Asia Pacific banks believe fraud cases in the region will increase ‘moderately or significantly’ during 2019, according to a study from FICO.
TAL deploys Arctic Intelligence AML Accelerate solution
Australia-based Life insurance firm TAL has partnered with Arctic Intelligence to support its AML and risk assessment processes.
