Category: Fraud and Fincrime
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Swift demonstrates that AI can significantly cut fraud rates in payments.
Swift, in collaboration with 13 global financial institutions, has recently conducted experiments that highlight…
READ MORE: Swift demonstrates that AI can significantly cut fraud rates in payments.BY
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China receives a mass production shipment of ID fingerprint solutions from NEXT.
In September 2024, an existing China-based OEM distributor placed a significant order for NEXT…
READ MORE: China receives a mass production shipment of ID fingerprint solutions from NEXT.BY
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ANZ must pay USD 160 million for issues with bond transactions and customer errors.
On September 15, 2025, ANZ Group, based in Australia, agreed to pay USD 160…
READ MORE: ANZ must pay USD 160 million for issues with bond transactions and customer errors.BY
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GLEIF recognizes TOPPAN Edge as a certified vLEI issuer in Japan.
The Global Legal Entity Identifier Foundation has announced that TOPPAN Edge is the first…
READ MORE: GLEIF recognizes TOPPAN Edge as a certified vLEI issuer in Japan.BY
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DeepDive Launches an AI Platform to Enhance Due Diligence Processes.
DeepDive has recently introduced an AI platform designed to assist AML compliance teams and…
READ MORE: DeepDive Launches an AI Platform to Enhance Due Diligence Processes.BY
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Ondato collaborates with VIALET to enhance KYC compliance processes.
Since its licensing by the Bank of Lithuania, VIALET, an electronic money institution, has…
READ MORE: Ondato collaborates with VIALET to enhance KYC compliance processes.BY
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Lithuania fines Revolut EUR 3.5 million over AML issues.
The Financial Times reported that Revolut, a UK-based fintech, has been fined EUR 3.5…
READ MORE: Lithuania fines Revolut EUR 3.5 million over AML issues.BY
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MajorKey Technologies collaborates with authID to fight AI-driven fraud.
Biometric identity verification and authentication solutions provider authID has partnered with MajorKey Technologies to…
READ MORE: MajorKey Technologies collaborates with authID to fight AI-driven fraud.BY
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MoMo collaborates with iProov to combat fraud in Vietnam.
MoMo, a fintech group based in Vietnam, and iProov, a company that specializes in…
READ MORE: MoMo collaborates with iProov to combat fraud in Vietnam.BY
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Fraud research by Mangopay indicates the UK as a prime location for scams.
Recent studies from Mangopay’s global fraud detection solution, Nethone, highlight that the UK online…
READ MORE: Fraud research by Mangopay indicates the UK as a prime location for scams.BY