Tag: financial crime.
Quantexa teams up with ING to strengthen anti-money laundering efforts
Global bank ING and data analytics software company Quantexa have announced a strategic partnership.
FCA underscores urgent need for robust control measures in UK payment...
The Financial Conduct Authority (FCA), the UK's principal financial regulator, sent a pointed "Dear CEO" letter on 16 March 2023. Initially, it praised the competition and innovation witnessed in the payment sector. However, this recognition was soon overshadowed by grave concerns.
Overcoming hurdles to adopt AI in financial crime detection
Amidst growing acknowledgment of AI's prowess in uncovering fraud and financial crime, there remains a gap between those financial institutions (FIs) recognising its potential and those implementing it.
Battling the 2023 financial crime landscape
The escalation in compliance failures associated with managing financial crime risks has accentuated the need for regulated businesses to bolster their strategies. The evolution...
Themis launches supply chain risk assessment tool
Themis has launched a supply chain risk assessment tool that will enable firms to map out geographies and sectors and touch points from financial crimes.
Resistant AI links with anti-financial crime firm Client Fabric Tech
Resistant AI, a fraud and financial crime prevention services provider, has partnered with financial crime company Client Fabric Tech.
Revolutionising financial crime risk assessments in a challenging economy
In the face of current economic tribulations, companies are tightening their belts, seeking value in every pound spent. At the same time, criminal activity, particularly financial crime, escalates during such precarious times, amplifying the demand for effective and resilient financial crime mitigation programmes.
Financial crime trends to watch out for in 2023
With the financial world becoming ever more interconnected, the spectre of financial crime looms potentially larger than ever.
How Flagright is taking the fight to financial crime
The mission of Berlin-headquartered Flagright is to protect FinTechs from financial crime with risk-based transaction monitoring.
The technologies leading the way in fighting financial crime
In a world where financial crime is becoming ever more prevalent, the need to develop technologies to control is becoming ever more imperative. What are some of the technologies leading the way?