FCA warns firms must act faster on money mule networks
Financial firms across the UK have shut down a record number of suspected money mule accounts, yet the Financial Conduct Authority (FCA), the country's...
Baselayer’s $35m raise targets the agentic identity gap
Baselayer, the identity and risk infrastructure provider used by one in five US financial institutions, has closed a $35m Series A round and unveiled...
Why sanctions screening can miss hidden AML risk
Financial institutions have access to increasingly sophisticated sanctions and politically exposed person (PEP) screening tools, but these checks cannot capture every development that could...
How film finance can expose money laundering risks
The complexity of film financing is creating additional challenges for financial crime teams as money moves through special purpose vehicles (SPVs), cross-border deals and...
Account takeover fraud exposes gaps beyond authentication
Account takeover fraud is becoming a more difficult threat for financial institutions to identify as criminals find ways to operate using genuine customer credentials....
What auditors actually want from your FinCrime controls
Around 28% of attendees at ComplyAdvantage's latest Compliance Edge webinar had never faced a compliance audit, while 45% had been audited and found areas...
Flagright scores Zento deal to guard payment growth
Zento, a business account provider built to simplify finances for entrepreneurs, has appointed Flagright, an AI-driven financial crime compliance platform, to bolster its defences...
EU supervisory reporting faces a DPM 2.1 overhaul
The European Banking Authority (EBA), European Central Bank (ECB) and European Insurance and Occupational Pensions Authority (EIOPA) have launched a consultation on DPM 2.1,...
Klarna tackles impersonation scams with call detection
Klarna, the global digital bank and flexible payments provider, has switched on in-app Call Status Detection across the Nordics, offering customers a straightforward way...
Why delivery channels now define financial crime risk
Financial products used to travel through predictable, contained channels, branches, telephone banking, card networks and traditional payment rails, all of which could be monitored...
