Category: Fraud and Fincrime
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The PRA penalized the Bank of London and Oplyse with GBP 2 million for capital mismanagement.
The Prudential Regulation Authority (PRA) has imposed a GBP 2 million fine on The…
READ MORE: The PRA penalized the Bank of London and Oplyse with GBP 2 million for capital mismanagement.BY
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Hetzner collaborates with iDenfy to enhance identity verification during onboarding processes.
Lithuania-based iDenfy, a company specializing in identity verification and fraud prevention, has teamed up…
READ MORE: Hetzner collaborates with iDenfy to enhance identity verification during onboarding processes.BY
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Q2 partner’s Helix for AI-powered AML monitoring in BaaS programs.
Unit21, an AI risk infrastructure provider based in the United States, has teamed up…
READ MORE: Q2 partner’s Helix for AI-powered AML monitoring in BaaS programs.BY
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Following a USD 18 million hacking attack, BTG Pactual halts Pix operations temporarily.
BTG Pactual has halted all Pix operations following a cyberattack that resulted in the…
READ MORE: Following a USD 18 million hacking attack, BTG Pactual halts Pix operations temporarily.BY
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Switzerland has adopted a new AML/CFT plan for its financial industry.
In March 2026, the Federal Council of Switzerland approved its inaugural comprehensive strategy aimed…
READ MORE: Switzerland has adopted a new AML/CFT plan for its financial industry.BY
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FCA initiates an enforcement investigation into the collapsed financial services firm MFS.
The Financial Conduct Authority initiated an enforcement probe into Market Financial Solutions, which ceased…
READ MORE: FCA initiates an enforcement investigation into the collapsed financial services firm MFS.BY
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Financial firms get a new AI risk management toolkit from MAS.
The Monetary Authority of Singapore (MAS) has concluded the second phase of Project MindForge,…
READ MORE: Financial firms get a new AI risk management toolkit from MAS.BY
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The Spanish prosecutor aims for a EUR 182 million penalty against BBVA in the spying incident.
Spain’s anti-corruption prosecutor has requested a EUR 181.8 million fine against BBVA over the…
READ MORE: The Spanish prosecutor aims for a EUR 182 million penalty against BBVA in the spying incident.BY
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FCA introduces updated guidelines on new incidents and third-party reporting starting March 2027.
The UK Financial Conduct Authority (FCA) has announced updated guidelines for incident and third-party…
READ MORE: FCA introduces updated guidelines on new incidents and third-party reporting starting March 2027.BY
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DuckDuckGoose identifies synthetic identity risk in Latin America.
According to a recent report from DuckDuckGoose, AI-generated synthetic identities are circumventing digital onboarding…
READ MORE: DuckDuckGoose identifies synthetic identity risk in Latin America.BY