Tag: 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?

Financial crime detection company ComplyAdvantage has named Vatsa Narasimha as its new CEO, as founder Charles Delingpole and current CEO transitions to executive chairman role.

The growing challenge of criminal money making its way into the banking system is a continuing problem for banks. However, a mixture of new compliance regulations for banks may be helping to turn the tide.

A quarter of UK risk experts expect bribery and corruption risks for their company to increase this year compared to 2021, according to a report from Kroll.

In a world that is continuing to become more connected and less restricted by place, there are growing challenges surrounding the increasingly fluid nature of financial crime. Prior to 2020, financial crime in the digital world was already growing. However, with the onset of the pandemic, this practice was set to skyrocket.

Car accidents and vehicle breakdowns are an unfortunate but mostly unavoidable part of life for the global population. However, victims in these cases can someone be easy targets for scam artists.

A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.

After a strong 2021, many RegTech companies are looking ahead to the new year with optimism for another year of advancement and greater innovation. With the pandemic still raging on, 2022 could be another year for RegTech companies to further ingrain themselves into the system. What trends should the industry look out for this year?

When Covid-19 swept the world at the start of 2020, no one had any idea how much it would change the way we live and work. As in-person restrictions continue to fester two years on, how has the opportunities provided by the pandemic impacted the RegTech industry?

During a year of heightened financial crime, the Financial Conduct Authority (FCA) handed out £568m in fines during 2021.