UK government targets corporate fraud with new prevention guidance
As part of the Economic Crime and Corporate Transparency Act (ECCT), a new guidance document has been released aimed at aiding organisations in adhering to the corporate criminal offence of 'failure to prevent fraud'.
UAE elevates global finance status with advanced AML/CFT reforms
The UAE has made significant strides in enhancing its Anti-Money Laundering, Countering the Financing of Terrorism, and Proliferation Financing (AML/CFT/CPF) frameworks.
Singapore and China boost financial ties with new green finance initiatives
The MAS unveiled a series of green finance and capital markets initiatives aimed at bolstering financial cooperation with China.
Invesco fined $17.5m for overstating ESG integration in assets
Invesco Advisers has been fined $17.5m by the SEC for inaccurately claiming a high proportion of its assets under management were ESG integrated.
Banks and credit card issuers face rising fraud cases, but proactive responses boost customer...
Fraud protection and resolution are becoming essential components of the customer experience in banking, particularly as financial fraud rates continue to rise.
An essential guide to AML watchlist screening
With anti-money laundering (AML) regulations now a critical priority for businesses engaged in financial transactions, companies face mounting challenges to remain compliant. One essential...
Jumio teams up with LatticeFlow AI to enhance compliance and fraud prevention
Jumio, a leading provider of automated, AI-powered identity verification, compliance, and risk management solutions, has entered into a strategic partnership with LatticeFlow AI, a...
Banks’ scam prevention efforts questioned amid rising fraud concerns
A recent study conducted by Tunic Pay in collaboration with Opinium, reveals that the UK's current banking measures to combat fraud are falling short of effectiveness.
Embed Security bags $6m in funding to enhance AI-driven cyber solutions
Embed Security, a cyber firm specialising in AI-driven threat analysis, has successfully raised $6m in early-stage funding.
AI-driven cybersecurity startup Corgea raises $2.6m in seed round
Corgea, a CyberTech specialising in AI-driven vulnerability detection and remediation, has closed a $2.6m seed funding round.
