CFOtech Asia - Technology news for CFOs & financial decision-makers
Asia

Financial crime Stories - Page 9

Global Stories

Financial crime stories

The new rules of digital identity in ANZ: KYC & AML trends for 2026
Data Protection

The new rules of digital identity in ANZ: KYC & AML trends for 2026

Deepfakes, new biometrics rules and AI agents are rewriting digital identity, forcing ANZ firms to treat KYC as core infrastructure.

By Edmund Ng • 6 min read • Mon, 16th Feb 2026
Okta warns of North Korean fraud in remote tech hiring
Data Protection

Okta warns of North Korean fraud in remote tech hiring

Okta warns North Korean operatives are landing remote tech jobs with stolen and synthetic identities to fund the regime and enable cyber attacks.

By Sofiah Nichole Salivio • 5 min read • Fri, 13th Feb 2026
Nium adds three C suite leaders to drive global growth
Crypto

Nium adds three C suite leaders to drive global growth

Nium strengthens global payments push with new chiefs for risk, technology and marketing as AI, stablecoins and regulation reshape the sector.

By Mark Tarre • 3 min read • Thu, 12th Feb 2026
FDATA appoints Kat Cloud to strengthen open finance security
Fintech

FDATA appoints Kat Cloud to strengthen open finance security

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

By Sofiah Nichole Salivio • 4 min read • Thu, 12th Feb 2026
AI supercharges industrial-scale online romance scams
Fintech

AI supercharges industrial-scale online romance scams

AI-powered fraud rings industrialise online romance scams, fuelling USD $5.7 billion in losses and ushering in a 'dark age' for victims.

By Mark Tarre • 5 min read • Wed, 11th Feb 2026
UiPath buys WorkFusion to boost AI crime compliance
Data Protection

UiPath buys WorkFusion to boost AI crime compliance

UiPath buys AI compliance specialist WorkFusion to automate banks' financial crime checks as monitoring workloads and governance demands surge.

By Sofiah Nichole Salivio • 4 min read • Wed, 11th Feb 2026
Ripjar appoints Matt Mills as Chief Executive Officer
Fintech

Ripjar appoints Matt Mills as Chief Executive Officer

Ripjar names Matt Mills Chief Executive to spearhead global expansion as regulatory pressure fuels demand for smarter crime screening tech.

By Sofiah Nichole Salivio • 4 min read • Tue, 10th Feb 2026
Sygnia uncovers global law firm recovery scam network
Data Analytics

Sygnia uncovers global law firm recovery scam network

Sygnia links 150+ domains to a global recovery-scam ring posing as law firms, using WhatsApp and cloned sites to repeatedly target victims.

By Sofiah Nichole Salivio • 4 min read • Sat, 7th Feb 2026

Stories from Other Regions

Financial crime stories

Legal Brokers launches iDWallet app for UK ID checks
Data Protection

Legal Brokers launches iDWallet app for UK ID checks

Legal Brokers launches iDWallet app in the UK, promising faster biometric ID checks as sectors face tougher anti-money laundering demands.

By Karen Joy Bacudo • 3 min read • Fri, 13th Feb 2026
CBA warns young Aussies of fake job and dating scam losses
Crypto

CBA warns young Aussies of fake job and dating scam losses

Young Australians lose over AUD $2.2 million as fake flexible job offers surge, with scammers recruiting money mules via texts and social media.

By Melania Watson • 3 min read • Fri, 13th Feb 2026
McAfee warns Australians of AI-fuelled Valentine scams
Data Protection

McAfee warns Australians of AI-fuelled Valentine scams

McAfee warns Australians AI-powered romance scams are surging ahead of Valentine's Day, with one in seven victims losing an average AUD $780.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 13th Feb 2026
AI-fuelled romance scams spread beyond dating apps
Biometrics

AI-fuelled romance scams spread beyond dating apps

AI-driven romance scams now cost UK victims GBP £20.5 million, spreading from dating sites to everyday apps and evading bank checks.

By Shannon Williams • 5 min read • Thu, 12th Feb 2026
Romance scam losses exceed £106m as Valentine's Day approaches
Fintech

Romance scam losses exceed £106m as Valentine's Day approaches

UK romance scam losses top GBP £106m as organised fraudsters exploit Valentine's surge, with average victims losing more than GBP £11,000.

By Catherine Knowles • 4 min read • Thu, 12th Feb 2026
OSINT tools speed up probes into tax & benefit fraud
Data Protection

OSINT tools speed up probes into tax & benefit fraud

Open source intelligence tools are helping investigators rapidly uncover tax and benefit fraud by exposing inconsistencies in online data.

By Kaleah Salmon • 4 min read • Thu, 12th Feb 2026
Google, Entrust team on AI ID checks to fight UK fraud
Data Protection

Google, Entrust team on AI ID checks to fight UK fraud

Google Cloud and Entrust strike AI-based identity fraud pact as UK firms face rising injection attacks and losses of about GBP £1.8 billion.

By Shannon Williams • 4 min read • Wed, 11th Feb 2026
Revolut hits 1m Aussie users, plans AUD $400m push
Disaster Recovery

Revolut hits 1m Aussie users, plans AUD $400m push

Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.

By Melania Watson • 4 min read • Mon, 9th Feb 2026
Commonwealth Bank sets out responsible AI blueprint
Data Protection

Commonwealth Bank sets out responsible AI blueprint

Commonwealth Bank unveils a responsible AI blueprint, detailing governance, safeguards and fraud controls as scrutiny of automation grows.

By Sofiah Nichole Salivio • 4 min read • Fri, 6th Feb 2026
Upcover adds deepfake cover to cyber insurance in Australia
Physical Security

Upcover adds deepfake cover to cyber insurance in Australia

Upcover adds deepfake incident cover to cyber policies in Australia via Coalition, targeting rising AI impersonation and fraud risks.

By Mark Tarre • 4 min read • Fri, 6th Feb 2026