568 Results from /crime
Jonathan Frost Global Advisory, EMEA at BioCatch
Tomorrow’s banks are transforming the way they operate. Griffin, a UK-based banking-as-a-service fintech, recently announced plans to integrate autonomous artificial intelligence (AI) agents into its core banking infrastructure, while traditional bank ING has already confirmed the incorporation of agentic AI into its operations. The prospect of m...
8 hours /ai /crime Banking
Nauman Hassan Director at Paymentology
Every day, more than AED 11 million is lost to fraud in the UAE - a number that’s hard to ignore in a country racing ahead with digital innovation. Thanks to modern, next-generation payments technology, it’s easier than ever to pay with a tap, swipe, or click. That’s great news for consumers and businesses, but it also means more opportunities fo...
21 August 2025 /payments /crime
Daniel Tan 🔥 Founder at FindTheLoan.com
Access to credit is more than a financial service—it’s an engine for growth. It helps SMEs expand, create jobs, and fund innovation. But in Southeast Asia, where millions remain underbanked or underserved, “access” without transparency can quickly become exploitation. From ex-head of bank doing fake reviews to misused “as featured as" we
19 August 2025 /inclusion /crime Financial Inclusion
Ben O'Brien Managing Director at Jaywing
The latest Fraudscape 2025 six-month update from Cifas provides a detailed snapshot of how financial crime continues to shift in the UK. The latest figures show fraud remains a growing challenge, with over 217,000 cases recorded in the first half of the year – the highest number ever filed with the National Fraud Database and a 1% increase on the s...
18 August 2025 /crime
Joseph Ibitola Head of Demand Generation at Flagright
Modern anti-money laundering (AML) compliance stands at a crossroads. Financial criminals are exploiting cutting-edge technologies, from AI-driven identity fraud to cryptocurrency obfuscation, pushing financial institutions to innovate or risk falling behind. At the same time, regulators across jurisdictions are tightening standards to protect fin...
12 August 2025 /regulation /crime Trends in Financial Services
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The European Banking Authority (EBA) recently published its fifth biennial Opinion and Report on money laundering (ML) and terrorist financing (TF) risks affecting the EU’s financial sector. While these reports are typically regulatory in nature, the 2025 edition reads like a warning bell for the fintech industry — especially for firms that are gr...
07 August 2025 /regulation /crime Fintech
As contactless payments become ubiquitous, fraudsters are evolving new tactics to exploit them. A Near Field Communication (NFC) relay attack is one such threat. It intercepts and relays the communication between a contactless card (or phone) and a payment terminal over a longer distance. In simple terms, an attacker uses a proxy device to “extend...
07 August 2025 /payments /crime SEPA and European Payments
In AML and fraud monitoring, expected behavior refers to the normal patterns of transactions for a given customer, their typical transfer amounts, frequency of transactions, usual beneficiaries or destinations, etc. Defining this baseline is critical because it enables compliance teams to distinguish routine activity from anomalies. Unusual transa...
31 July 2025 /regulation /crime RegTech
Comparing Moving Averages, Simple Averages, and Weighted Scoring for AML & Fraud Financial crime risk is not static. A customer’s risk profile can shift rapidly with new transactions, behaviors, or data. Yet historically, many financial institutions relied on one-time or infrequently updated risk scores, leaving blind spots. In fact, in 2024 a...
29 July 2025 /payments /crime RegTech
Glenn Fratangelo Director of Product Marketing and Strategy at NICE Actimize
Elder financial exploitation is more than just a fraud issue — it’s a pressing public health and consumer protection challenge. As the population ages and digital channels become more prevalent, older adults are increasingly targeted by scammers and abusers, often with greater frequency and success. From romance scams to trusted caregivers abusing...
17 July 2025 /retail /crime
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