Anti-Fraud

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.

Fraud protection and resolution are becoming essential components of the customer experience in banking, particularly as financial fraud rates continue to rise.

With anti-money laundering (AML) regulations now a critical priority for businesses engaged in financial transactions, companies face mounting challenges to remain compliant. One essential...

Tookitaki, a leader in anti-financial crime software, has recently secured a strategic investment from True Global Ventures (TGV) Opportunity Fund.

Stripe, a leader in financial infrastructure for businesses, has announced an enhanced collaboration with NVIDIA, a pioneer in AI and accelerated computing, to further develop artificial intelligence capabilities and advance fraud detection for its clients.

AMLYZE, a RegTech company, has successfully closed a €2.35m seed funding round.

Trulioo, an identity verification leader, and Airwallex, a top-tier global payments platform, have recently expanded their collaboration.

A new e-book, co-created by Salv, Thistle Initiatives, and We Fight Fraud, offers a deep dive into the mechanics of APP (Authorised Push Payment) fraud, providing readers with a view from the victim’s perspective.

Visa is reportedly in advanced talks to acquire the British financial fraud prevention company Featurespace for £700m, according to Sky News. The deal, if completed,...

Money laundering continues to pose a significant threat across the Asia Pacific region, with sophisticated tactics challenging financial institutions. As technological advancements emerge, so too do the strategies of those intent on manipulating financial systems. In response, both regulatory bodies and financial institutions are developing innovative approaches to counter these threats.