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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.

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Sumsub Unveils AI-Enhanced Case Management to Tackle Evolving Financial Crime

Fintech News

Sumsub has introduced a significant AI-powered update to its Case Management system. This enhanced solution serves as a comprehensive hub for financial crime investigations and is designed to streamline fragmented risk operations. The launch comes at a time when financial crime teams are facing more sophisticated threats.

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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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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. Organisations face a series of challenges, from eroding profit margins to reputational risks to data breaches as fraud grows.

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Lynx launches AI-powered AML screening solution to combat evolving financial crime risks

The Payments Association

With the United Nations Office of Drugs and Crime estimating that between 2 and 5% of global GDP is associated with money laundering each yearbetween 715 billion and 1.87 Process automation, eliminating manual inefficiencies, and allows a focus on high-priority risks. Trusted by top financial institutions, Lynx saves clients up to $1.6

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Tackling Fraud and Compliance Burdens: CFIT Publishes Digital Company ID Blueprint

The Fintech Times

.” Unlocking the full potential of Digital Company ID The blueprint results from the work of CFITs industry-wide coalition that brought together a 70-strong unique group of experts in financial crime from global financial services companies, academic institutions, technology innovation hubs, government agencies, regulators and policymakers.

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Evolving money laundering risks for EMIs: Insights from the upcoming NRA

The Payments Association

Jane Jee Ambassador, TPA “Despite leaner compliance teams, EMIs are subject to the UK’s strict MLRs and FCA oversight, and often deploy advanced anti-financial crime tools that rival or surpass traditional banks. Arguably, though, what really matters is the robustness of controls put in place to mitigate those risks.