The Fintech Times

NOVEMBER 27, 2024

In light of this, integrating Elliptic’s analytics into Sumsub’s platform enables firms to protect users, providing a comprehensive view of blockchain transactions to mitigate financial crime. At Sumsub, we are committed to fostering trust in the crypto sector.

Transactions 59

Transactions Financial Crimes Crime Blockchain 59

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively. Moreover, AI fosters the creation of new financial products and services previously inconceivable.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

The Fintech Times

MARCH 27, 2024

Advanced AI technologies can help firms create knowledge graphs to build 360-degree client profiles for risk assessment. Ted Datta , senior director, financial crime industry practice at Moody’s “In this case, the perpetrators manipulated the invoice system by setting up shell companies and falsifying invoices.

Money Laundering 93

Money Laundering Financial Crimes Crime Due Diligence 93

Finovate

MARCH 28, 2024

Natively integrating with DataVisor’s fraud platform, the new offering enables a unified fraud and anti-money laundering (FRAML) strategy. This enhances defense against new financial crime threats and helps institutions align themselves with the trend toward combining fraud fighting and AML operations.

AML 59

AML Compliance AI Money Laundering 59

The Fintech Times

DECEMBER 28, 2023

It’s a difficult task, but new online fraud prevention tools are making it easier.” ” Top priority Rory Doyle, head of financial crime policy, Fenergo Rory Doyle , head of financial crime policy at financial compliance software provider Fenergo, says fraud prevention must be prioritised by British financial institutions in 2024.

Fraud Prevention 82

Fraud Prevention Scams Fraud Detection Regulatory Compliance 82

Neopay

JUNE 27, 2024

Many in financial services have been concerned that some elements of the FCA’s more stringent approach may not always be justified by reductions in financial crime and money laundering or consumer protection. Compliance with AML and Financial Crime Regulations AML and financial crime compliance is a top priority for the FCA.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

The Fintech Times

SEPTEMBER 19, 2024

Lynn , partner at BPM , an assurance, advisory, tax and wealth management company, explains the benefits that automation can offer firms: “Risk orchestration is designed to enhance fraud detection and reduce risk to the entity that implements it. Failure to do so can lead to significant financial penalties.

Risk 59

Risk Financial Crimes AML Risk Management 59

Seon

JULY 11, 2024

Guest panelists included James Nurse, Managing Director at FINTRAIL; Hannah Becher, Lead of Fraud and AML Surveillance at Pleo; Matthew Tataryn, Director of Financial Crime Risk at Tide Platform; and Jeremy Doyle, Director of Growth, AML Solutions at SEON.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

FICO

FEBRUARY 15, 2017

The focus on financial crime, and the money laundering that funds terrorist attacks and other criminal activities, has forced the industry to look for smarter approaches. Now it’s my turn, and I’m going to explore the AI and machine learning technologies my team has integrated into the FICO TONBELLER Anti-Financial Crime Solutions.

AML 67

AML AI SARS Money Laundering 67

The Payments Association

MAY 16, 2025

Applicable to large organisations, the offence imposes criminal liability if firms do not have adequate fraud prevention procedures in place, even if senior leadership is unaware of the misconduct. For merchants, particularly large retailers, platforms, or multi-channel businesses, this marks a significant shift in fraud liability.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Seon

APRIL 11, 2024

With the United Nations reporting that three to five percent of the global GDP is laundered annually and fraud costs worldwide reaching $5.13 As fraud gains in volume and velocity, so too will the need for fraudsters to launder their profits – and as cross-border financial crimes are here to stay, no institution or location is immune.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

Seon

MAY 31, 2024

The advancements in AI, ML and automation transform fraud detection and protection by augmenting human capabilities with algorithmic precision and scalability. Such instances erode trust and undermine the perceived reliability of a company’s fraud detection systems.

Fraud Prevention 52

Fraud Prevention Fraud Detection Compliance Money Laundering 52

Seon

APRIL 23, 2024

Advanced technologies, including artificial intelligence (AI), blackbox and whitebox machine learning (ML), digital footprinting and device intelligence, collectively transform the real-time fraud detection and prevention paradigm. How does integrating AI and machine learning revolutionize fraud detection and prevention?

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

FICO

JANUARY 10, 2023

Innovative Customer Communications for Fraud. Detecting possible fraud is important, but what you do with that suspicion may matter even more. Taking the most strident fraud prevention actions might seem the intuitive answer but suspicion is often unfounded, and most customers are not fraudsters.

Scams 52

Scams Posting Push-to-Card Compromise 52

The Payments Association

MARCH 20, 2025

In this Q&A, NVIDIAs EMEA Payments & FinTech Leader, Georgios Kolovos, explains how AI is revolutionising fraud detection, risk management, and customer engagement in the payments industry. False positives in fraud detection remain a major challenge for payments companies.

Fraud Prevention 88

Fraud Prevention Suspicious Activity Report (SAR) Fraud Detection AML 88

Fintech Review

FEBRUARY 25, 2025

Due to high compliance costs and perceived risks, many small businesses struggle to secure financing, limiting their ability to expand into global markets. Stricter regulations, while necessary to prevent financial crimes, also contribute to slowing down approvals for trade finance transactions.

Finance 85

Finance Technology Distributed Ledger Technology (DLT) Fraud Detection 85

The Payments Association

APRIL 14, 2025

The FCA's new five-year strategy focuses on being a smarter regulator, supporting growth, aiding consumers, and combating financial crime. This includes undertaking robust fraud risk assessments, embedding tailored internal controls, and delivering ongoing staff training.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88