Hawk launches Day One fraud defence models
Hawk, a leading provider of AI-powered AML and fraud prevention technology, has launched a significant upgrade to its fraud detection platform by introducing a library of AI-powered fraud typology models.
SensaAI slashes false alerts in AML monitoring
A major Australian bank serving around one million customers across Australia and New Zealand has successfully tackled longstanding inefficiencies in its anti-money laundering (AML) operations by adopting SymphonyAI's technology.
LSEG calls for action on rising child identity fraud
One in every fifty children is now a victim of identity theft each year, according to new findings released by LSEG Risk Intelligence.
Why real-time AML screening is critical for Saudi Arabia’s fast-evolving capital markets
Once seen as a concern primarily for retail and commercial banks, AML scrutiny is now intensifying in the investment space — especially in the Gulf region.
How AI is reshaping AML to target drug trafficking
Canada’s ongoing battle with fentanyl trafficking has taken a dramatic turn in recent years, with growing pressure on both borders and financial systems. In 2024 alone, authorities reported significant seizures of fentanyl moving between Canada and the US—10.8lbs entering from the US and 32.1lbs flowing the other way. These figures sparked diplomatic and economic fallout, including a 25% US tariff on Canadian goods imposed in March 2025.
How financial institutions can improve their fight against scams
Scams are not a new threat; they have coexisted with the financial market since its beginnings. The earliest scam is estimated to have been in Ancient Greece and since then they have evolved to become so highly sophisticated that stopping them has become a Sisyphean task.
ANZ rolls out password-less web banking to fight scams and boost digital security
ANZ is set to become the first bank in Australia to launch a completely password-free web banking experience, with the rollout of Password-less Web Banking for its digital platform, ANZ Plus, expected in mid-2025.
Why FIs and FinTechs need to rethink the strategy to combat scams
While people are very aware of the threat of scams, these unique threats continue to succeed and impact consumers and their financial institutions.
The rising threat of money mules and how AI is helping banks fight back
In 2024, Nasdaq reported that more than $3.1tn in illicit funds circulated through the global financial system, with much of it hidden using so-called ‘money mules’.
UK AI FinTech Quantexa secures $175m Series F to fuel North American growth
Quantexa, a global provider of AI-driven decision intelligence solutions, has successfully closed a $175m Series F funding round.