Exam fraud fines reveal the gap between policy and behaviour
Regulatory fines tend to reduce complicated failures to a single figure. The penalty is announced, headlines follow, firms issue statements and attention soon drifts...
RiskScout raises new round as bank fraud pressure mounts
RiskScout, a provider of combined BSA/AML compliance and fraud prevention software for banks and credit unions, has closed a fresh investment round after a...
UK AML strategy shifts focus towards intelligence-led compliance
The UK government has outlined a three-year strategy to strengthen its approach to money laundering, placing greater emphasis on intelligence-led supervision, data sharing and...
Marble raises €6.5m to expand AI-powered AML compliance
Marble, a Paris-based platform for fraud detection and anti-money laundering (AML) compliance, has raised €6.5m in a Series A round to expand its use...
FCA mule review: why EMIs face the fastest-growing risk
The Financial Conduct Authority's latest review of money mule activity gives one of the sharpest views yet of how financial crime is changing across...
LexisNexis bets on AI that retrains itself to stop fraud
LexisNexis Risk Solutions, the data analytics and risk intelligence provider, has rolled out a fraud scoring tool that retrains itself automatically, a move that...
Feedzai bets on embedded AI to cut fraud workloads
Feedzai, a provider of AI-native financial crime prevention technology, has introduced Farol, an embedded AI agent designed to cut the time banks spend investigating...
Skills gaps leave financial crime risk profiles exposed
Financial institutions have poured investment into sophisticated methodologies and advanced systems for assessing financial crime risk. Yet none of it delivers an accurate picture...
Socure’s RiskOS targets fraud gap on Circle’s Arc network
Socure, an AI-native provider of trust infrastructure for global identity and risk intelligence, has deployed its RiskOS platform to handle identity verification and fraud...
Equifax takes aim at automated fraud with new Signal Scores
Equifax has unveiled two real-time intelligence products, Signal Score for Email and Signal Score for Device, aimed at stopping automated fraud before it reaches...
