Financial Crime/Fraud Prevention

Sumsub, a prominent player in the anti-fraud industry, continues to strengthen its position, announcing the launch of an enhanced deepfakes detection tool.

In a recent post by Fenergo, the company outlined how a recent report by the EBA is changing payments in the European Union. 

Founded in September 2022, Filigran, the rising star in the cybersecurity arena, has recently raised an impressive €5m in seed funding.

Wallife, the Italian InsurTech, has taken a bold step to protect UK consumers from the ever-growing risk of online threats.

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.

Fenergo, a leading provider of digital Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM) solutions, and Coinmotion, a Finland-based cryptocurrency service provider, are partnering to streamline anti-money laundering (AML) compliance processes.

In a time where more and more transactions and general interactions are taking place digitally, the importance of ensuring compliance in communications has risen...

Pasabi, the UK Trust & Safety platform, is primed to expand its global footprint, having successfully secured a multi-million-dollar investment.

The concept of FRAML, the integration of Fraud and Anti-Money Laundering (AML), is radically altering the outlook of risk management and compliance in the financial sector. A recent webinar, led by the Electronic Transactions Association (ETA) and sponsored by Hawk AI, engaged a panel of Fraud and AML professionals to dissect the benefits and hurdles of FRAML.

OMNIA, the first-ever blockchain infrastructure provider and a well-respected figurehead in the privacy and security sector, has entered into a strategic alliance with UniveChain.