Why AML compliance costs are outpacing money laundering losses
Australia lost an estimated $87.39bn to money laundering in 2024-25, according to analysis from Napier AI, which argues that artificial intelligence must be used...
Apate.AI nets $8.15m seed round to combat global scams
Apate.AI, the fraud counter-intelligence platform that deploys adversarial AI agents against scammers, has closed an over-subscribed US$8.15m seed round.
The raise was led by Lobby...
Illicit gold puts banks on the AML front line
Banks could face greater scrutiny over their exposure to illicit gold as international efforts to tackle financial crime increasingly focus on cross-border intelligence and...
Sayari and DataExpert bring sovereign AI to European agencies
US AI platform Sayari has partnered with DataExpert to provide sovereign AI technology to government, law enforcement, defence and financial intelligence agencies across eight...
Payhawk tightens grip on financial crime risk with Flagright
Payhawk has partnered with Flagright to strengthen fraud prevention and anti-money laundering (AML) oversight across its entire platform.
The partnership sees Flagright's technology deployed to...
How banks can uncover the financial networks behind trafficking
Human trafficking generates an estimated $236bn in illegal profits each year, with the proceeds often moving through financial channels that appear legitimate. For banks...
Why DIY financial crime risk tools cost more than they save
The pitch always sounds reasonable. Someone in IT suggests the business can build its own financial crime risk assessment tool rather than buy one,...
RelyComply integrates LSEG World-Check On Demand for real-time financial crime risk management
RelyComply has agreed a partnership with LSEG Risk Intelligence to embed World-Check On Demand into its platform, giving banks and other regulated firms real-time...
Mitek unifies revenue leadership amid fraud fight
Mitek Systems has appointed Aaron Seyler as its new chief revenue officer, putting him in charge of the company's go-to-market organisation.
The move brings Mitek's...
Can biometrics end multi-accounting in iGaming?
Promotional campaigns such as welcome offers, free spins, cashback and referral rewards are designed to attract genuine players and accelerate growth for iGaming brands....
