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Financial crime Stories - Page 18

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Financial crime stories

Dow Jones to launch AI-powered platform to revolutionise due diligence
Risk & Compliance

Dow Jones to launch AI-powered platform to revolutionise due diligence

Dow Jones Risk and Compliance is set to launch an AI-powered research platform, Dow Jones Integrity Check, promising to revolutionise diligence reports.

By Tom Raynel • 3 min read • Wed, 10th Apr 2024
Encompass appoints Neil Acworth as new Chief Information Security Officer
Risk & Compliance

Encompass appoints Neil Acworth as new Chief Information Security Officer

Neil Acworth steps into the role of Chief Information Security Officer at Encompass Corporation, bolstering the firm's commitment to delivering robust, data-centred financial security measures.

By Imee Dequito • 3 min read • Wed, 27th Mar 2024
Encompass Corporation named 'One to Watch' in FCC50 list by Chartis Research
EduTech

Encompass Corporation named 'One to Watch' in FCC50 list by Chartis Research

Specialist in compliance technology, Encompass Corporation, earns 'One to Watch' status from Chartis Research's FCC50 list, highlighting performance in battling financial crime.

By Catherine Knowles • 3 min read • Tue, 19th Mar 2024
Ripjar unveils Compliance CoPilot for risk monitoring
Generative AI

Ripjar unveils Compliance CoPilot for risk monitoring

London's Ripjar launches Compliance CoPilot, an AI-risk management assistant, aiming to revolutionise threat monitoring.

By Shannon Williams • 3 min read • Thu, 14th Mar 2024
PPRO bolsters leadership with new legal & compliance appointments
Fintech

PPRO bolsters leadership with new legal & compliance appointments

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

By Imee Dequito • 3 min read • Mon, 11th Mar 2024
Global AML system spend to hit USD $51.7bn by 2028, driven by AI use
Artificial Intelligence

Global AML system spend to hit USD $51.7bn by 2028, driven by AI use

Global spending on Anti-Money Laundering (AML) systems is projected to reach USD $51.7 billion by 2028, an 80% increase driven by AI's role in enhancing risk assessment, according to Juniper Research.

By Kaleah Salmon • 3 min read • Tue, 5th Mar 2024
Dow Jones launches pioneering investment screening tool with BIGTXN
Fintech

Dow Jones launches pioneering investment screening tool with BIGTXN

Dow Jones Risk and Compliance unveils Risk and Compliance Financial Instruments, a cutting-edge solution for optimising pre- and post-trade investment screening amid an increasingly complex regulatory environment.

By Sean Mitchell • 2 min read • Wed, 31st Jan 2024
SAS lauded as leader in AML transaction monitoring by Chartis Research
Data Analytics

SAS lauded as leader in AML transaction monitoring by Chartis Research

In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.

By Sean Mitchell • 3 min read • Wed, 24th Jan 2024
Encompass Corporation honoured as leader on RegTech100 list
Customer Experience

Encompass Corporation honoured as leader on RegTech100 list

Encompass Corporation's dynamic Know Your Customer (KYC) process automation platform earns them a place in the 2024 RegTech100 list.

By Tom Raynel • 2 min read • Mon, 11th Dec 2023
ST Engineering plans to enhance digital transformations in financial services
Unified Communications

ST Engineering plans to enhance digital transformations in financial services

ST Engineering will enhance digital transformation in finance by expanding cybersecurity solutions, in partnership with the non-profit Elevandi.

By Imee Dequito • 3 min read • Mon, 20th Nov 2023
The high cost of the cybersecurity skills gap: Why we need to act now
Advanced Persistent Threat Protection

The high cost of the cybersecurity skills gap: Why we need to act now

There is a worldwide cybersecurity professional shortage. But what does this mean for cybercriminals? More easy money to make.

By Andrew Solovay • 4 min read • Wed, 17th May 2023
Cryptocurrency-related phishing attacks up by 40% - report
Malware

Cryptocurrency-related phishing attacks up by 40% - report

In 2022 the number of cryptocurrency-related phishing attacks prevented by Kaspersky anti-phishing systems increased by 40% compared to the previous year.

By Catherine Knowles • 3 min read • Thu, 13th Apr 2023
SAS awards Zencos as the 2022 ANZ Partner of the Year
Partner Programmes

SAS awards Zencos as the 2022 ANZ Partner of the Year

SAS has recognised US-based financial crimes and data consulting firm Zencos with the 2022 Australia and New Zealand Partner of the Year award.

By Zach Thompson • 3 min read • Wed, 17th Aug 2022

Stories from Other Regions

Financial crime stories

UK SMEs eye global expansion despite banking challenges
Fintech

UK SMEs eye global expansion despite banking challenges

A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.

By Catherine Knowles • 4 min read • Thu, 6th Jun 2024
AI's role in global digital fraud exposed by BioCatch study
Artificial Intelligence

AI's role in global digital fraud exposed by BioCatch study

A BioCatch study reveals that artificial intelligence (AI) is increasingly used by criminals for financial crime and digital fraud, posing significant challenges to global financial institutions.

By Catherine Knowles • 3 min read • Wed, 1st May 2024
Innovate Finance collaborates to speed up RegTech industry initiatives
Unified Communications

Innovate Finance collaborates to speed up RegTech industry initiatives

Innovate Finance, City of London Corporation, and Encompass Corporation launch a RegTech Platform to expedite fintech initiatives, provide guidance to RegTech providers, and address sector challenges.

By Catherine Knowles • 3 min read • Mon, 15th Apr 2024
Sentinels fights financial crime with new transaction monitoring progam
Software-as-a-Service

Sentinels fights financial crime with new transaction monitoring progam

The SaaS platform is designed to help financial institutions detect and eliminate financial criminality with greater speed and accuracy.

By Shannon Williams • 3 min read • Wed, 25th Jan 2023