Financial crime Stories - Page 15

Asian Stories

Financial crime stories

MetaComp study urges using three KYT tools for stablecoin checks

MetaComp urges firms to use three KYT tools for stablecoin checks after study finds single-tool setups miss up to 25% of high-risk blockchain transactions.

By Shannon Williams • 4 min read • Wed, 23rd Jul 2025

Global Stories

Financial crime stories

Digital Transformation

Irish fintech attracts nearly EUR €1bn over five years

Irish fintech has secured nearly EUR €1bn in five years, as new data show strong 2023 deal activity despite weaker European VC flows.

By Sean Mitchell • 4 min read • Fri, 5th Sep 2025

Risk & Compliance

SAS named market leader for AI-driven fraud & AML solutions

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

By Melvin Hipolito • 4 min read • Wed, 3rd Sep 2025

Fintech

MoneyMe partners with SEON to boost fraud prevention in lending

MoneyMe partners with SEON to enhance fraud prevention in auto loans, credit cards and personal lending amid rising digital fraud risks in Australia.

By Shannon Williams • 3 min read • Thu, 21st Aug 2025

Customer Experience

Saviynt appoints Kevin Spurway as Chief Marketing Officer

Saviynt appoints Kevin Spurway, with 20+ years in enterprise SaaS marketing, as Chief Marketing Officer to boost growth and market leadership.

By Jed Nykolle Harme • 3 min read • Thu, 21st Aug 2025

Physical Security

Deepfake & AI crime surge poses major threat to business trust

Trend Micro warns that rising deepfake and AI crimes threaten business trust, with fraudsters using synthetic media to impersonate executives and bypass security.

By Catherine Knowles • 3 min read • Thu, 10th Jul 2025

Digital Transformation

Celonis & Bright Cape launch app to streamline KYC compliance

Celonis and Bright Cape launch Smart KYC Control Tower app to help financial firms cut costs, boost compliance and improve customer experience in KYC processes.

By Sean Mitchell • 3 min read • Thu, 10th Jul 2025

Stories from Other Regions

Financial crime stories

Fintech

Blackdot unveils AI tool to automate financial crime probes

Blackdot Solutions launches Videris Automate, an AI platform to speed up financial crime probes by automating intelligence gathering and risk analysis.

By Kaleah Salmon • 3 min read • Fri, 26th Sep 2025

Risk & Compliance

Credas launches Compliance Wallet to streamline property checks

Credas has launched its Compliance Wallet to reduce duplication and speed up property sector compliance checks with 15 million wallets available at launch.

By Kaleah Salmon • 3 min read • Wed, 24th Sep 2025

Crypto

US money laundering cases surge 168% as scams cost USD $6.5 billion

US money laundering cases rose 168% in H1 2025, with scams costing Americans USD $6.5 billion amid rising AI-driven fraud and stablecoin use.

By Shannon Williams • 4 min read • Thu, 11th Sep 2025

Payment Technologies

Card fraud losses rise to EUR €1,578M across Europe in 2024

Card fraud losses in Europe rose to EUR €1,578 million in 2024, with the UK leading both total and Card Not Present fraud losses amid evolving crime tactics.

By Sean Mitchell • 5 min read • Thu, 4th Sep 2025

Crypto

AMP Bank GO blocks over 1,000 mule accounts with new features

AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.

By Kaleah Salmon • 4 min read • Mon, 1st Sep 2025

Biometrics

Macquarie Bank joins network protecting 85% of banking sector

Macquarie Bank has joined BioCatch Trust Australia, extending fraud protection coverage to over 85% of the nation's banking sector through shared intelligence.

By Shannon Williams • 4 min read • Wed, 27th Aug 2025

Multi-factor authentication

Australians still struggle to spot & respond to scams safely

Nearly 80% of Australians have faced scam communications recently, yet 70% lack knowledge on how to respond safely, reveals new Optus research.

By Shannon Williams • 4 min read • Tue, 26th Aug 2025

Data Protection

Australian businesses lose AUD $2.03 billion as AI scams surge

Australian businesses have lost AUD $2.03 billion to increasingly sophisticated AI-driven scams in 2024, signalling a growing threat to the economy.

By Sean Mitchell • 5 min read • Thu, 21st Aug 2025

Cybersecurity

Concerns grow over UK digital ID checks for company directors

UK plans to enforce digital ID checks for company directors face criticism over security flaws in the GOV.UK One Login system and risks during a phased 12-month rollout.

By Shannon Williams • 4 min read • Thu, 7th Aug 2025

Virtualisation

UK set to ban ransomware payments in public sector crackdown

The UK plans to ban ransom payments in the public sector and mandate private firms to report such payments, aiming to curb rising ransomware attacks.

By Shannon Williams • 4 min read • Wed, 23rd Jul 2025

Biometrics

BioCatch launches Scams360 to cut £450 million UK scam losses

BioCatch has launched Scams360 to help UK banks cut social engineering scam losses, which reached £450 million in 2024, using advanced behavioural biometrics.

By Catherine Knowles • 4 min read • Fri, 18th Jul 2025