Financial crime Stories - Page 13

Global Stories

Financial crime stories

In finance, intelligence is human before it is artificial

Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.

By Zhuang Qiang Bok • 5 min read • Sat, 22nd Nov 2025

Risk & Compliance

SEON unveils advanced compliance tools for cross-border AML

SEON launches enhanced AML platform tools to help businesses manage complex cross-border compliance with flexible screening and investigative analytics.

By Sean Mitchell • 3 min read • Fri, 21st Nov 2025

Risk & Compliance

BioCatch unveils Connect 2.0 to combat rising banking fraud

BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.

By Melania Watson • 3 min read • Fri, 21st Nov 2025

Fintech

ThetaRay's AI compliance modules gain vital industry validation

ThetaRay's AI modules for AML and sanctions screening have gained key validation from Kaufman Rossin, aiding compliance with evolving US and EU regulations.

By Melvin Hipolito • 2 min read • Fri, 21st Nov 2025

Risk & Compliance

New data shows AI-driven fraud surges, professionals unprepared

Most anti-fraud experts report a surge in AI-driven fraud, yet under 10% feel prepared to combat rising deepfake and synthetic identity threats.

By Jake MacAndrew • 3 min read • Fri, 21st Nov 2025

Stories from Other Regions

Financial crime stories

Digital Transformation

Proving human identity is essential to defending Australia's financial services sector

Australia's banks face rising AI-driven scams, making robust human identity verification and phishing-resistant MFA critical to security.

By Geoff Schomburgk • 5 min read • Mon, 15th Dec 2025

Risk & Compliance

PEP & sanctions screening in Australia: Strengthening compliance with better data

With crime costing Australia up to AUD $60.1 billion a year, robust PEP and sanctions screening is now a strategic necessity for business.

By Edmund Ng • 5 min read • Mon, 15th Dec 2025

Document Management

Atturra, Comtrac partner on AI-driven investigation tools

Atturra teams with Comtrac to roll out AI-powered investigation tools for Australian law enforcement and regulators via a single service channel.

By Melvin Hipolito • 4 min read • Thu, 11th Dec 2025

Risk & Compliance

UK anti-corruption plan blasted for sidelining fraud

UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.

By Kaleah Salmon • 5 min read • Wed, 10th Dec 2025

Data Protection

Thirdfort adds iProov biometrics to fight UK ID fraud

Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.

By Sean Mitchell • 4 min read • Wed, 10th Dec 2025

Biometrics

Stopping the growing threat of synthetic ID fraud

AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.

By Barley Laing • 5 min read • Tue, 9th Dec 2025

Unified Communications

Group-IB launches secure platform to combat GBP £600m UK fraud

Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.

By Sean Mitchell • 3 min read • Fri, 5th Dec 2025

Endpoint Protection

UK banks face rising AI-driven fraud as tech outpaces rules

UK banks face rising AI-driven fraud in 2026 as criminals exploit gaps in regulation, prompting calls for urgent cross-sector action to protect consumers.

By Sean Mitchell • 5 min read • Fri, 5th Dec 2025

Data governance

AI tools now essential as Europe tightens anti-money laundering rules

Europe's new anti-money laundering rules mandate AI integration, as legacy systems fail to meet rising financial crime challenges and regulatory standards.

By Sean Mitchell • 3 min read • Fri, 5th Dec 2025

Crypto

Europe's AML overhaul demands AI for effective compliance

Europe's new AML rules mandate AI integration as legacy systems fail to detect complex financial crimes, urging banks to upgrade compliance technology now.

By Sean Mitchell • 3 min read • Tue, 2nd Dec 2025

Payment Technologies

Australia's real-time network stops AUD $60m in fraud attempts

Australia's real-time network has blocked over AUD $60m in fraud attempts, protecting 85% of bank customers with advanced behavioural payment analysis.

By Catherine Knowles • 3 min read • Fri, 28th Nov 2025

Advanced Persistent Threat Protection

Qilin ransomware targets 25 Korean finance firms in cyber surge

Qilin ransomware group has targeted 25 South Korean finance firms using managed service providers, exposing 2TB of data in a politically charged cyberattack surge.

By Melania Watson • 3 min read • Tue, 25th Nov 2025

Risk & Compliance

Wellinghoff joins Payments Association board to drive compliance

Willem Wellinghoff, Ecommpay's Chief Compliance Officer, has joined The Payments Association Advisory Board to enhance compliance and support industry growth in the UK.

By Sean Mitchell • 3 min read • Mon, 24th Nov 2025