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Human-AI collaboration reshapes compliance surveillance
Compliance teams in financial services are under unprecedented strain. The explosion in digital communications—from emails to chat apps—has pushed the volume of data requiring...
How banks can unlock secure intelligence sharing
Across banks and FinTechs in Europe, there is broad agreement on the importance of intelligence sharing to combat financial crime. Yet despite this consensus,...
How banks can deploy AI safely for AML compliance
Artificial intelligence has rapidly transformed banking operations, playing a key role in tasks such as transaction screening, monitoring, and customer due diligence. Yet as AI adoption accelerates, regulators worldwide are tightening expectations on how banks deploy, govern, and oversee these systems.
How banks can outpace fraudsters in real time
Financial institutions are facing unprecedented pressure as payment fraud grows more complex and relentless.
Attack volumes are increasing, schemes are more sophisticated, and the time...
Ontic raises $230m to scale connected security intelligence
Ontic, a Texas-based software platform for connected security intelligence, has raised $230m in a Series C funding round led by funds managed by KKR, with participation from JMI Equity, Silverton Partners, Ridge Ventures and Ten Eleven Ventures.
Bank of London names Aris Asimakis as new CRCO
The Bank of London, a clearing and payments bank, has announced the appointment of Aris Asimakis as its new chief risk and compliance officer....
UK’s failure to prevent fraud law reshapes corporate risk
The UK Home Office has confirmed that a new corporate fraud offence will come into force on 1 September 2025, signalling a major change...
PNC appoints Amy Wierenga as new chief risk officer
PNC Financial Services Group, one of the largest diversified financial institutions in the US, has appointed Amy Wierenga as its new chief risk officer,...
How to manage messaging risk in financial services
The growing popularity of ephemeral messaging apps is creating serious compliance risks for financial services firms. These platforms, designed to auto-delete messages after a short period, are increasingly used by employees—sometimes even for work-related communications. With regulatory bodies mandating that all business communications must be retained, companies must urgently address the challenges posed by these tools.
How businesses are tackling evolving fraud threats
Fraud continues to be a significant issue globally, with over 59,000 risk events reported in the US in 2024 alone. As fraud schemes evolve,...
