FinCEN flags $13bn pig butchering threat to US banks
Pig butchering scams have grown into one of the largest drivers of scam-related reporting across the US financial system, and regulators are now making...
Firms risk credibility in the first 72 hours of an inquiry
When a regulatory enforcement matter emerges, the first three days often shape everything that follows. Yet most firms spend that window scrambling to piece...
Unit21 and Corelation close the fraud response gap
Unit21, an AI risk infrastructure platform focused on fraud prevention and AML monitoring, has joined forces with Corelation, the core processing provider behind KeyStone...
Shield appoints former HSBC executive to strengthen AI-driven surveillance strategy
RegTech company Shield has brought former HSBC executive Michelle Clark on board as global communications surveillance expert, adding senior banking expertise as financial institutions...
The human flaw undermining financial crime controls
Financial crime risk assessments are usually discussed in terms of methodology, scoring models, regulatory expectations and workflow design. Yet a quieter force often decides...
The comfort zone trap undermining financial crime controls
For many firms, the biggest threat in financial crime compliance is not a new typology or a sophisticated criminal network. It is a risk...
Why SMB verification is failing where volume lives
Every marketplace, payment platform and small business lender shares a similar portfolio shape. At the top sit well-documented, registered companies, the customers most verification...
Why AI agents are changing cyber insurance risk
AI agents are beginning to appear in real cyber incidents, creating questions for regulators over whether existing breach, data protection and governance frameworks are...
AML automation: where compliance needs humans
Financial institutions are increasingly using automation to manage growing AML workloads, but RegTech provider ZIGRAM argues that more automation does not necessarily mean better...
Weak culture could be undermining your AML risk assessments
Financial crime risk assessments are frequently treated as technical exercises built on scoring models, control inventories, residual risk calculations and data analysis. Beneath that...
