The global transaction monitoring software market expected to be worth $26.41bn by 2026
Keeping a close eye on financial transactions has become big business and it is about to get bigger.
Russian billionaire losses legal battle against Nordic banks who refused his business
One of Vladimir Putin’s besties has lost a lawsuit against four Nordic banks who refused to do business with him.
FCA becomes AML/CTF supervisor for crypto companies
The UK’s Financial Conduct Authority (FCA) has become the new anti-money laundering (AML) and counter terrorist financing (CTF) supervisor for businesses with cryptoasset activities.
Cybertonica bags £2m as it looks to deepen AI capabilities
Cybertonica, a machine learning and AI-powered service for authentication, risk analytics and fraud prevention, has nabbed £2m in its Series A.
Three scams which should have been avoided in 2019
It will be impossible to completely stop scams from happening. While technology and better alertness will help to lower the number of successful incidents, some will inevitably slip through under the radar.
AUSTRAC post reporting advice for businesses affected by the Australian bushfires
The Australian wildfires have destroyed thousands of homes, killed millions of animals and damaged businesses all over the country.
Gen Z more likely to be a victim of confidence tricks
People of different ages fall foul of different types of payment fraud, but new research suggests Generation Z are more likely to be a victim of fraud through confidence tricks.
Kamakura’s new suite helps Bank Islam Malaysia Berhad’s digitalisation process remain compliant
Bank Islam Malaysia Berhad taps RegTech Kamakura Corporation to ensure its digitalisation process remains compliant.
TypingDNA secures $7m in latest round
TypingDNA, a behavioural biometrics solution, has scored $7m in its Series A round which was led by Google’s AI-focused venture firm Gradient Ventures.
QIIB implements IBM Safer Payments to improve fraud prevention
Qatar International Islamic Bank (QIIB) has implemented IBM Safer Payments to improve its cross-channel fraud prevention capabilities.