article thumbnail

Why Charlie Javice’s Arrest Shouldn’t Define Female Founders

The Fintech Times

In the UK, 85 per cent of white-collar crime is committed by men. In fact, the presence of women in leadership roles has been linked to more ethical corporate behaviour and better risk management. But when you look at the numbers, that’s not the case. In 2024, only 2.3

article thumbnail

Know Your Customer (KYC): What It Is and How to Comply

Stax

Financial crime can take on several faces, including (cyber) fraud, cryptocurrency scams, and money laundering—and companies offering financial services can lose out on serious bucks. white-collar crime can cost annual losses as high as $300 billion. In the U.S., trillion a year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Financial Crime: Technology can Transform Compliance

FICO

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank.

article thumbnail

Master SOX Compliance: A Comprehensive Guide for 2023

FloQast

Titles IX and XI : Corporate Fraud Accountability and White-Collar Crime These two Titles define the criminal penalties for corporate financial fraud and increase the penalties for white-collar crimes and conspiracies. This would free up compliance professionals to focus on more value-added activities.