Tag: financial crime.

As the world continues the shift to digital, getting to grips with the threat of financial crime looms large in the minds of banks. But data could be the key solution.

The Financial Conduct Authority (FCA) has imposed a fine of £178,000 to an international sham trading scheme known as cum-ex.

The global anti-money laundering software market is expected to double in value over the next few years.

Quantifind, a provider of solutions that use data science to help automate financial crimes investigations, has raised a $22m round.

Australian Arctic Intelligence has announced a major change in its leadership, with COO Darren Cade taking over as CEO from founder Anthony Quinn, who will become the company's board director.

Li Yonghui, the chairman and CEO of New York-listed FinTech firm Fincera, has been detained by Chinese police under suspicion of illegally accepting public funds.

The US’ Financial Crimes Enforcement Network (FinCEN) has issued guidance around regulatory requirements of virtual currencies.

Simudyne, a platform which hosts financial market simulations to identify fraud, has pulled in $6m in Series A of fundraising.

Arctic Intelligence has extended it partnership with Deloitte to help build stronger financial crime risk and exposure management services.

Financial criminals are winning, so organisations need to be more vigilant and work together to combat it, according to Anthony Quinn, founder and CEO at Artic Intelligence.