Exposing Financial Crime

Criminals are smart, and detection capabilities need to be smarter and always adapting to stay one step ahead. Time to drive out pointless investigations and finding true malignancies hidden from existing rules and machine learning techniques. Join us for conversations and articles on how to refocus financial crimes investigations into actually stopping crime.

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Fraudsters Go Global: Combatting Fraud in 2025

Fraud is no longer confined by borders. It has evolved into an international issue, with perpetrators often operating from different countries than their victims. Developed nations such as the US, UK and the rest of Western-Europe remain prime targets. Particularly in the UK, the combination of a large population and English-speaking residents ma

13 October 2025 /payments /regulation

Anurag Mohapatra Director of Fraud Strategy and Marketing at NICE Actimize

The High Stakes of Check Kiting: How Old School Fraud Exploits FIs

Last month, a major regional bank filed suit against a New York entrepreneur, alleging a check-kiting scheme that processed more than $72 million in fraudulent checks, resulting in $27 million in direct losses. While payment technologies have evolved dramatically, traditional fraud methods continue to exploit fundamental processes, resulting in lo...

26 September 2025 /payments /crime

Joris Lochy Product Manager at Intix | Co-founder at Capilever

The First Line of Defense: Tackling Scams Before Transactions

In my blog "The Missing Link in Fraud Prevention: Real-Time Customer Dialogue" (https://bankloch.blogspot.com/2025/06/the-missing-link-in-fraud-prevention.html) I argued for moving fraud checks earlier in the payment flow. Rather than waiting until a customer has signed and submitted a payment, banks should interact during the initiatio

15 September 2025 /retail /crime

Grant MacDonald Director of Financial Crime at Experian

Why Financial Crime Strategy Is Becoming a Business Imperative

Fraud and financial crime haven’t gone away, they’ve evolved. And for UK businesses, that evolution is prompting a strategic rethink. The threats are more sophisticated, the pressure to respond is mounting, and the cost of inaction is rising. According to the latest Experian UK Fraud and FinCrime Report, just one in ten businesses expect to reduce...

08 September 2025 /identity /crime

Steve Marshall Director of Advisory Services, at FinScan

Embedded Insurance, AI, and the Compliance Gap

The rise of embedded models and AI-powered automation across the insurance industry marks a step-change in the sector’s evolution. But strip away the excitement and promise of digital transformation, and a widening compliance gap is revealed—one many insurers are struggling to close. Pressure to digitally transform comes, in part, from a need to m...

09 July 2025 /ai /regulation

Steve Marshall Director of Advisory Services, at FinScan

Sanctions Evasion and the Growing Threat of Transnational Criminal Organizations

Russian-related sanctions may have dominated the financial crime landscape over the last three years, but in the US, we’re seeing increasing regulatory focus on another threat category: transnational criminal organizations (TCOs) and cartels. As with Russian sanctions, not only do the TCOs and cartels themselves pose potential sanctions risks, bu...

02 July 2025 /regulation /crime

Steve Marshall Director of Advisory Services, at FinScan

Unmasking Kleptocrats: Why Ownership and Control Are Key to Mitigating AML and Sanctions Risk

Tackling sanctions evasion can often be likened to patching a leaky boat. As one hole is patched, another opens. This is particularly the case when dealing with kleptocrats. Kleptocracy is when government officials and other powerful individuals exploit and steal a country’s wealth and resources from its citizens. Kleptocrats may be subject to san...

25 June 2025 /regulation /crime

James Baston-Pitt Head of UK & EMEA at Alloy

Do fintechs stand a chance against shapeshifting, faceless fraudsters?

UK Finance’s latest fraud report is out and, like any good read, there are highs and lows: moments of positivity mixed with sobering reasons for pause. £1.17 billion was stolen by fraudsters in 2024. This is the same figure UK Finance’s financial institution members reported in 2023. While we’d like to see that number decline, the fact that total ...

12 June 2025 /regulation /crime

Frank Moreno CMO at Entersekt

U.S. banks in danger of getting a red card at 2026 FIFA World Cup

In a little over a year, North America will play host to the 2026 FIFA World Cup. And, with concerns already mounting around the red tape surrounding the 5.5 million fans expected to descend on 11 U.S.cities, banks have been warned that they should beef up their fraud protection for the hundreds of millions of additional transactions ahead of and ...

25 March 2025 /retail /crime

Steve Marshall Director of Advisory Services, at FinScan

KYC and Adverse Media Screening: Unearthing Hidden Risks

Know Your Customer (KYC) remains the cornerstone of identifying potential reputational and financial risks, but as information sources become increasingly diverse, traditional KYC verification methods might no longer be enough. Enter adverse media screening—the unsung hero of KYC that strengthens anti-money laundering (AML) defenses and helps busi...

18 March 2025 /regulation /crime