Finextra

MAY 27, 2025

The afternoon sessions in the main stream focused on strategising for instant payments and financial crime.

Financial Crimes 59

Financial Crimes Instant Payments Crime Payments 59

Finovate

DECEMBER 11, 2024

ThetaRay launched GenAI Financial Crime Detection Suite. The GenAI Financial Crime Detection Suite enables financial institutions to improve AML efforts, streamline compliance, and proactively manage risk indicators. Vice President Yina Arenas.

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

Fintech News

NOVEMBER 27, 2024

The need for such solutions is critical as blockchain-related crime continues to rise. James Smith “We’re excited to partner with Sumsub to create a stronger shield against financial crime in the crypto industry. Sumsub’s own Identity Fraud Report 2024 indicates that crypto is a high-risk industry for fraud.

Crime 112

Crime Financial Crimes Travel Rule Blockchain 112

Finovate

FEBRUARY 10, 2025

A newly announced strategic partnership between Backbase and Feedzai aims to bring advanced financial crime prevention technology to engagement banking. ” Headquartered in San Mateo, California, Feedzai offers technology that leverages AI to help businesses fight fraud and financial crime.

Financial Crimes 64

Financial Crimes Crime Fraud Prevention Account Takeovers 64

Fintech News

APRIL 14, 2024

This collaboration will involve the deployment of Silent Eight’s AI platform, Iris , to enhance AIA’s financial crime compliance screening processes across multiple jurisdictions. Pan-Asian life and health insurer AIA has partnered with regtech firm Silent Eight , which specialises in AI-driven compliance solutions.

Financial Crimes 115

Financial Crimes Crime Compliance AI 115

Finovate

JANUARY 30, 2025

What can the financial services industry do to better educate their clients about the challenge of financial crime? Before joining the financial services industry, Littlechild was a specialist in white collar crime, investigations, and compliance at Ropes and Gray.

Financial Crimes 52

Financial Crimes Crime White Collar Crime AML 52

The Payments Association

FEBRUARY 10, 2025

Economic Crime and Corporate Transparency Act examined: A guide to avoiding the failure-to-prevent fraud offence February 6 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? And dont forget to keep your risk assessment and procedures up-to-date going forward!

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Finextra

AUGUST 5, 2024

FinextraTV, Julia Thorn, Senior Marketing Manager, Financial Crime Compliance, LexisNexis® Risk Solutions and Robert Campbell, Programme Director of United for Wildlife, The Royal Foundation of The Prince and Princess of Wales, dive deep into their recently released report on how wildlife trafficking can be combatted with the power of collaboration.

Financial Crimes 105

Financial Crimes Crime Money Laundering Mitigation 105

The Payments Association

JULY 15, 2024

A deep dive into the Financial Crime 360 survey, highlighting key challenges, prevalent fraud types, and strategic responses across various financial sectors Read more

Financial Crimes 88

Financial Crimes Crime 88

Fintech News

MARCH 31, 2024

This balance ensures the protection of legitimate customers’ interests while empowering FIs to effectively assess and mitigate risks associated with financial crimes. It complements the industry’s existing close collaboration with MAS and law enforcement authorities to combat financial crime.

Financial Crimes 112

Financial Crimes Crime Money Laundering Law Enforcement 112

Fintech News

MAY 22, 2024

Over the past years, financial crime tech has risen to prominence, driven by increasing complexity and frequency of financial crimes, stricter regulations and compliance requirements, and technological advancements. Today, we delve into these firms’ offerings, recent strides and contributions to the field.

Financial Crimes 103

Financial Crimes Crime APACS Risk Assessment 103

The Payments Association

APRIL 7, 2025

SNEAK PEE K: Unveiled: Key Financial Crime 360 findings July 16, 2024 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The findings of the Financial Crime 360 survey, focusing on the challenges, prevalent fraud types, and strategic responses across various sectors. Why is it important?

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88

Fintech Review

FEBRUARY 6, 2025

By partnering with Backbase, were empowering financial institutions to deliver a unified, seamless journey that not only protects customers from fraud, but also ensures they feel valued, understood, and safe. Users can visit www.backbase.com for more.

Financial Crimes 52

Financial Crimes Crime Fraud Prevention Risk Assessment 52

The Payments Association

SEPTEMBER 10, 2024

The Financial Crime 360 survey reveals how the industry is tackling evolving threats like AI-driven fraud, emphasising the need for collaboration, innovation, and updated regulations to effectively combat financial crime in 2024. Read more

Financial Crimes 88

Financial Crimes Crime AI Regulations 88

Fintech News

FEBRUARY 21, 2024

This development is set against the backdrop of evolving financial crimes, which increasingly involve complex, multi-jurisdictional operations. Featured image credit: Edited from Freepik The post How Will MAS New Amendments Impact Financial Crime Enforcement appeared first on Fintech Singapore.

Financial Crimes 112

Financial Crimes Crime Authorization Consulting 112

The Payments Association

MAY 21, 2025

This award is a significant validation of our AI-driven fraud prevention technology and the Lynx teams dedication to closely partnering with our customers in the fight against financial crime. Financial institutions (FIs) grapple with complex, interconnected fraud and financial crime challenges.

Fraud Prevention 88

Fraud Prevention Fraud Detection Financial Crimes Crime 88

The Payments Association

NOVEMBER 18, 2024

Rising youth involvement in economic crimes highlights the urgent need for robust financial education. However, young people are increasingly falling into careers of economic crime under the guises of hackers, fraudsters or money mules.

Financial Literacy 88

Financial Literacy Financial Crimes Crime Scams 88

The Payments Association

JANUARY 29, 2025

2024 brought significant regulatory action, highlighting persistent weaknesses in financial crime controls across the industry. As we enter 2025, we look back at five significant cases from 2024 and the lessons they provide for organisations aiming to strengthen their financial crime frameworks. Department of Justice.

Financial Crimes 88

Financial Crimes Crime Due Diligence Money Laundering 88

The Fintech Times

MARCH 7, 2025

To help organisations ensure they are not losing revenue and improving their efficiency, security and trust, The Centre for Financial, Innovation and Technology (CFIT) has published its blueprint for fighting economic crime through its Digital Company ID.

Compliance 96

Compliance Financial Crimes Crime Government 96

The Payments Association

JANUARY 21, 2025

This report provides a comprehensive analysis of the key trends defining the payments sector in 2024, highlighting the opportunities for strategic growth, as well as the challenges posed by regulatory pressures, financial crime, and evolving infrastructure demands. However, this growth is not without its hurdles.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech News

JANUARY 26, 2025

The Need for Robust Cybersecurity Measures to Combat Financial Crime Southeast Asia’s digital economy is on track to exceed USD 300 billion in gross merchandise volume by 2025, presenting significant financial crime challenges, reports PwC.

Payments Trends 126

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 126

Fintech Finance

JANUARY 13, 2025

Combating fraud in payments: Exploring the evolution of fraud, data-sharing strategies, liability allocation, and the role of digital ID in preventing financial crime. Crypto and e-money innovation: Assessing the coexistence and competition between stablecoins, CBDCs, e-money, and traditional payments.

Finance 97

Finance Financial Crimes Crime Stablecoins 97

The Fintech Times

MARCH 31, 2025

As cross-border transactions grow in Europe, the cloud-based financial crime management technology solutions provider, Nasdaq Verafin has revealed that these payment channels are opening up more passageways for fraud to take place, as $194.9billion was moved across borders in 2023; more than a quarter of the total fraud figure in 2023 ($750billion).

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

The Fintech Times

JANUARY 21, 2025

As much as three-quarters (72 per cent) of regulated companies feel overwhelmed by current anti-financial crime compliance demands; according to the latest study by digital compliance and anti-money laundering (AML) solution provider SmartSearch.

Regulations 72

Regulations Financial Crimes Money Laundering Crime 72

The Payments Association

APRIL 7, 2025

The findings reflect professionals’ perspectives across various seniority levels and industry segments, including banking, digital assets, and financial crime prevention, among others. It serves as a valuable resource for stakeholders seeking to navigate the complexities of this dynamic sector.

Financial Crimes 88

Financial Crimes Crime Interoperability Payments 88

Fintech News

FEBRUARY 6, 2024

The battle against financial crime is an ever-evolving challenge requiring expert knowledge, cutting-edge technology, and continuous learning. As white-collar criminals tirelessly innovate their methods to commit financial crimes, the question arises: How can one step ahead in this high-stakes game?

White Collar Crime 107

White Collar Crime Crime Suspicious Activity Report (SAR) Financial Crimes 107

Fintech News

FEBRUARY 4, 2025

In todays rapidly changing regulatory environment and the growing threat of financial crime, firms must prioritise strengthening their client onboarding and KYC processes, Kiamil emphasised.

Money Laundering 118

Money Laundering Due Diligence AML Financial Crimes 118

Fintech News

OCTOBER 21, 2024

This funding will support Tookitaki’s expansion across key Asian markets and bolster its financial crime prevention technology. Tookitaki’s platform, FinCense, uses AI to help institutions detect and address financial crime more effectively.

Financial Crimes 136

Financial Crimes Security Crime Cross-Border Payments 136

Fintech Finance

MAY 13, 2025

Issuer processing powerhouse Enfuce unveils the Fortitude Pledge, a bold new compliance and security standard, that aims to eliminate 100% of financial crime risks across all Enfuce-processed card transactions. Anything less than full commitment means accepting the unacceptable and that’s a compromise the industry cannot afford.

Compliance 59

Compliance Financial Crimes Global Payments Crime 59

The Payments Association

FEBRUARY 24, 2025

Join our ‘o utsmarting payment fraud for fleet & mobility’ webinar (27 February, 12:30 GMT) /on-demand where Krista Rask, financial crime transformation lead, Enfuce, and Markus Kalela, senior customer success manager, Enfuce, tackle the unique fraud challenges in fleet & mobility payments, why shifting from a closed-loop payment (..)

Financial Crimes 88

Financial Crimes Fraud Prevention Crime Payments 88

Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks.

Fraud Prevention 97

Fraud Prevention Financial Crimes Value Added Service AI 97

The Fintech Times

FEBRUARY 19, 2025

Feedzai , an AI solution provider in financial crime prevention, is teaming up with payments giant Mastercard , to makeit easier for more banks to identify and stop scams, protecting consumers and businesses globally.

Visa 59

Visa AI Consumer Scams 59

The Fintech Times

SEPTEMBER 5, 2024

The post Strengthening Cybersecurity and Mitigating Financial Crimes in a Cashless World appeared first on The Fintech Times.

Financial Crimes 82

Financial Crimes Mitigation Cybersecurity Crime 82

The Payments Association

APRIL 22, 2025

Industry players (banks and smaller payments players) must continue collaborating on typologies and prioritising detection and awareness campaigns" Jessica Cath Partner, Financial Crime, Thistle Initiatives "As banking security improves, criminals shift tactics, targeting the weakest linkpeople.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

Finextra

APRIL 2, 2025

Nice Actimize, a NICE (NASDAQ: NICE) business, today announced the availability of the next generation X-Sight ActOne which expands upon the robust and open architecture of X-Sight with Agentic AI capabilities that are foundational to transforming fraud and financial crime prevention programs.

Financial Crimes 59

Financial Crimes Crime AI 59

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime. The National Economic Crime Plan (2023-2026) has identified money mules as a major enabler of fraud and other criminal activities.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

Fintech Finance

MARCH 10, 2025

However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows.

Real Time Payments 98

Real Time Payments Faster Payments Transactions Money Laundering 98