Over half 59% of consumers are more concerned about becoming a victim of fraud now compared to how they felt in 2021, according to a report from Paysafe.
With the rising level of money laundering regulations and fines, firms need to know what their requirements are. Electronic IDentification has released a report examining the AML Directives.
Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.
Financial crime detection company Symphony AyasdiAI has rebranded to SymphonyAI Sensa, following a strong period of growth and a recent acquisition.
Equals Group, a payments services provider, has partnered with Featurespace to embed fraud prevention technology across its platforms.
Assetz Capital, a UK-based peer-to-peer lending marketplace, has partnered with LexisNexis Risk Solutions to address its financial crime management.
Anti-fraud RegTech platform HAWK:AI has teamed up with Aux to boost the fight against fraud within credit unions.
Pandemic fraud could reach $163bn, according to a report from the Department of Labor’s Office of Inspector General (OIG).
Trade surveillance and market risk solution developer Eventus will provide AirCarbon Exchange with its technology as part of a new partnership.
Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.