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Financial crime Stories - Page 12

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Kyckr named Chartis KYC data category leader again
Risk & Compliance

Kyckr named Chartis KYC data category leader again

Kyckr retains top spot as Chartis names it KYC data category leader for 2025, highlighting its strengths in real-time global registry data.

By Kaleah Salmon • 3 min read • Mon, 22nd Dec 2025
Finance firms prioritise AI but struggle to scale it
DevOps

Finance firms prioritise AI but struggle to scale it

Finance leaders hail AI as core to strategy, yet fewer than half have scaled it beyond pilots amid legacy, skills and leadership hurdles.

By Catherine Knowles • 4 min read • Fri, 19th Dec 2025
MITRE flags deepfake KYC threat using face-swap tools
Firewalls

MITRE flags deepfake KYC threat using face-swap tools

MITRE warns that cheap face-swap deepfakes can defeat banks' remote KYC checks, bypassing liveness tools to open fraudulent accounts.

By Sean Mitchell • 4 min read • Thu, 18th Dec 2025
AI 'agentic' tools to drive surge in cyber fraud by 2026
Biometrics

AI 'agentic' tools to drive surge in cyber fraud by 2026

Autonomous 'agentic' AI fraud tools set to intensify cybercrime by 2026, forcing firms to fuse human judgment with smarter machine defences.

By Shannon Williams • 5 min read • Wed, 17th Dec 2025

Stories from Other Regions

Financial crime stories

Eastnets deepens LSEG tie-up for real-time risk checks
Fintech

Eastnets deepens LSEG tie-up for real-time risk checks

Eastnets deepens its LSEG partnership, plugging real-time World-Check risk data into Safewatch Screening to sharpen financial crime checks.

By Kaleah Salmon • 3 min read • Fri, 2nd Jan 2026
EU banks bracing for AML rules & major vendor shift
Digital Transformation

EU banks bracing for AML rules & major vendor shift

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

By Shannon Williams • 5 min read • Tue, 30th Dec 2025
Explainer: Australia's public sector AI opportunity
Data Protection

Explainer: Australia's public sector AI opportunity

Australia's vast public sector is turning to AI to boost efficiency, cut costs and improve services, while navigating strict ethical safeguards.

By Sean Mitchell • 10 min read • Tue, 23rd Dec 2025
NZ cyber losses more than double amid email scams
Malware

NZ cyber losses more than double amid email scams

New Zealand cyber losses hit NZD $12.4 million in Q3 2025, more than doubling as business email scams and high-value transfers surge.

By Sean Mitchell • 4 min read • Thu, 18th Dec 2025
AI identity fraud fears surging among UK homebuyers
Data Protection

AI identity fraud fears surging among UK homebuyers

UK homebuyers fear AI-fuelled ID fraud as two-thirds worry about fake documents yet still share sensitive data via email and messaging apps.

By Shannon Williams • 4 min read • Wed, 17th Dec 2025
Proving human identity is essential to defending Australia's financial services sector
Digital Transformation

Proving human identity is essential to defending Australia's financial services sector

Australia's banks face rising AI-driven scams, making robust human identity verification and phishing-resistant MFA critical to security.

By Geoff Schomburgk • 5 min read • Mon, 15th Dec 2025
PEP & sanctions screening in Australia: Strengthening compliance with better data
Risk & Compliance

PEP & sanctions screening in Australia: Strengthening compliance with better data

With crime costing Australia up to AUD $60.1 billion a year, robust PEP and sanctions screening is now a strategic necessity for business.

By Edmund Ng • 5 min read • Mon, 15th Dec 2025
Atturra, Comtrac partner on AI-driven investigation tools
Document Management

Atturra, Comtrac partner on AI-driven investigation tools

Atturra teams with Comtrac to roll out AI-powered investigation tools for Australian law enforcement and regulators via a single service channel.

By Melvin Hipolito • 4 min read • Thu, 11th Dec 2025
UK anti-corruption plan blasted for sidelining fraud
Risk & Compliance

UK anti-corruption plan blasted for sidelining fraud

UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.

By Kaleah Salmon • 5 min read • Wed, 10th Dec 2025
Thirdfort adds iProov biometrics to fight UK ID fraud
Data Protection

Thirdfort adds iProov biometrics to fight UK ID fraud

Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.

By Sean Mitchell • 4 min read • Wed, 10th Dec 2025
Stopping the growing threat of synthetic ID fraud
Biometrics

Stopping the growing threat of synthetic ID fraud

AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.

By Barley Laing • 5 min read • Tue, 9th Dec 2025
Group-IB launches secure platform to combat GBP £600m UK fraud
Unified Communications

Group-IB launches secure platform to combat GBP £600m UK fraud

Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.

By Sean Mitchell • 3 min read • Fri, 5th Dec 2025
UK banks face rising AI-driven fraud as tech outpaces rules
Endpoint Protection

UK banks face rising AI-driven fraud as tech outpaces rules

UK banks face rising AI-driven fraud in 2026 as criminals exploit gaps in regulation, prompting calls for urgent cross-sector action to protect consumers.

By Sean Mitchell • 5 min read • Fri, 5th Dec 2025