Swedbank’s leadership ignored money laundering risks as suspicious transactions worth €37bn flowed through the...
Beleaguered lender Swedbank has responded to a damaging report revealing that more than €37bn worth of suspicious transactions flowed through the bank between 2014 and 2019.
Arkose Labs raises $22m in its Series B round
Arkose Labs, an online fraud and abuse prevention technology developer, has scored $22m in its Series B round.
BitMEX might add customer due diligence procedures and people are not happy
One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.
Anonymity...
New coronavirus-related phone scam revealed
After several cybersecurity companies and government bodies have warned that the spread of the coronavirus has increased the number of cybsersecurity threats, criminals have now started to use phones in their scams.
Thomson Reuters acquires fraud-fighting company Pondera Solutions
Thomson Reuters has beefed up its fraud and abuse capabilities by acquiring Sacramento-based Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud.
CFTC warns against coronavirus-related fraud
The Commodity Futures Trading Commission (CFTC) has warned the public to be on alert for frauds seeking to profit from recent market volatility related...
Financial institutions prioritising customer experience and lowering fraud – study claims
Financial institutions are prioritising customer experiences and fraud reductions as the demand on remote account opening has increased, a study from cybersecurity company OneSpan claims.
LexisNexis adds behavioural biometrics to its tool suite
LexisNexis® Risk Solutions has added behavioural biometrics to is selection of fraud and identity solutions.
Losses from APP fraud increases in 2019
While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.
Arctic Intelligence named the Australian-founded RegTech of the Year and RegTech Exporter of the...
The awards are coming fast now for Arctic Intelligence. The Aussie scaleup just picked up two awards at The RegTech Association’s annual awards ceremony shortly after being recognised as a Rising Star in Deloitte’s Technology Fast50 late last year.