Tag: AML

Fraud-as-a-Service (FaaS), in which criminal groups buy or rent data, tools, infrastructure and specialist capabilities, is creating a more fragmented financial crime environment for...

A growing argument across the tech sector holds that AI opacity is unavoidable, and even useful for protecting intellectual property and competitive edge. According...

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...

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...

Jumio, an AI-powered identity intelligence provider, has completed the global rollout of its reusable identity verification technology with an expansion into Europe, the Middle...

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...

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...

Financial institutions have poured investment into sophisticated methodologies and advanced systems for assessing financial crime risk. Yet none of it delivers an accurate picture...

Financial institutions are pouring money into sophisticated monitoring tools. According to Vinay Vyas, the real threat to compliance lies elsewhere: in a culture that...

Customer due diligence (CDD) in South Africa has grown from a basic know your customer (KYC) exercise into one of the most demanding parts...