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Monzo’s FCA penalty shows growth isn’t success without control
Monzo Bank has been fined £21m by the Financial Conduct Authority (FCA) for serious failings in its financial crime controls, marking the tenth enforcement...
Tackling fraud with technology, trust, and teamwork
Public-private partnerships (PPPs) are becoming a cornerstone in the UK’s fight against financial crime. With fraud schemes growing in scale and sophistication, these collaborations...
ThetaRay finds compliance key to customer loyalty
ThetaRay has unveiled its U.S. Banking & FinTech Trust Report 2025, revealing the severe reputational risks financial institutions face when linked to financial crime....
Sensa hub reduces alert fatigue with AI case tools
SymphonyAI has introduced the Sensa Investigation Hub, a centralised platform designed to transform how financial institutions manage AML and compliance workflows. With built-in AI...
Don’t let red flags slip: Smart compliance tips
In today’s fast-moving regulatory environment, it only takes one missed red flag to turn a financial institution into the next headline scandal. Yet despite...
California remains a leader in the US RegTech market as deal...
Key US RegTech investment stats in H1 2025:
US RegTech deal activity grew by 40% in H1 compared to the last six months of...
Adapting to the EU’s AML overhaul with smart compliance
The European Union has implemented its most sweeping anti-money laundering reform in over a decade, introducing the Anti-Money Laundering Authority (AMLA) and a new...
Hawk boosts Alviere’s AML efficiency and fraud detection
Alviere, a leading provider of embedded financial services, has significantly strengthened its anti-money laundering (AML) capabilities by integrating Hawk’s AI-powered compliance platform. The move...
How SymphonyAI fights fraud using behavioural data
As digital transactions surge globally, financial institutions are seeking smarter ways to protect customers and prevent fraud before it happens. Traditional fraud detection systems, whether rule-based or driven by machine learning, often struggle to keep pace with the sophistication of today’s fraudsters, leading to missed threats or an avalanche of false positives that frustrate legitimate customers.
Hawk launches Day One fraud defence models
Hawk, a leading provider of AI-powered AML and fraud prevention technology, has launched a significant upgrade to its fraud detection platform by introducing a library of AI-powered fraud typology models.
