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Financial Crime 360 state of the industry report 2025

The Payments Association

The sample reflects the reality of modern financial crime prevention: 66% of respondents operate from the United Kingdom, establishing a strong domestic foundation whilst incorporating international perspectives from 32 additional countries. These ensure data is accurate, accessible and actionable, enabling real-time insights.

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Build vs buy? Strategic decisions in financial crime management

The Payments Association

Whether financial institutions should build or buy financial crime management systems. As Financial crime grows increasingly complex, payment leaders face a critical choice: build an in-house financial crime management (FCM) solution or buy an established third-party system. Why is it important? What’s next?

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SNEAK PEAK: Unveiled: 2024 Key Financial Crime 360 findings

The Payments Association

SNEAK PEAK: 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?

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Hawk Raises $56 Million in Series C Funding to Help Banks Fight Financial Crime

Finovate

The fintech, which made its Finovate debut at FinovateSpring 2022, will use the capital to help Tier 1 banks leverage AI to fight financial crime. This drives up the cost of fighting financial crime. ” In February, the company appointed Ben Pannier as Chief Technology Officer. .”

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Spayce Partners with ThetaRay to Tackle Financial Crime with Advanced AI

Trade Credit & Liquidity Management

From a Press Release dated June 3, 2025, New York, New York ThetaRay , a global leader in cognitive AI compliance for financial crime, and Spayce , a next-generation cross-border payments platform, have announced a strategic partnership to address evolving financial crime threats and enhance the security of international payments.

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Economic Crime and Corporate Transparency Act examined: A guide to avoiding failure-to-prevent fraud measures

The Payments Association

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!

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Creditinfo Launches KYC Fraud Solution to Combat $5trillion Global Financial Crime Problem

The Fintech Times

According to the 2024 Nasdaq global financial crime report, fraud scams and bank fraud schemes alone cost have cost businesses across the globe $485.6billion. In fact, the overall global economic impact of financial crime has been estimated to be $5trillion.