Tag: financial crime 2025

Canada’s federal government has announced a sweeping set of reforms to combat the growing threat of financial scams, fraud, and abuse, including the launch...

RelyComply has announced its official launch in the UK, marking a major step in its mission to modernise anti-financial crime compliance across global markets....

Hong Kong’s banking regulator has launched a consultation with lenders to establish a framework that sets out who should bear the cost when customers...

Singapore is stepping up efforts to disrupt scam syndicates by restricting access to essential financial and communication services for so-called “scam mules”. The move...

The value of regulatory penalties imposed on financial institutions worldwide in the first half of 2025 has more than quadrupled compared to the same...

The Financial Action Task Force (FATF) has released new guidance aimed at helping countries and financial institutions strike a better balance between combating financial...

Sumsub, a global leader in verification and anti-fraud solutions, has launched a major upgrade to its Case Management system, introducing a powerful AI assistant...

The Bank of England (BoE), in collaboration with the BIS Innovation Hub in London, has conducted a pioneering experiment using AI to detect fraud in retail payment systems.

Singapore is considering introducing caning as a punishment for scammers, following a surge in fraud-related financial losses that placed the country at the top...