Tag: Fraud

 Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.

The CEO of Titanium Blockchain Infrastructure Services (TBIS), Michael Alan Stollery, has pleaded guilty for his role in a cryptocurrency fraud scheme.

Last year saw a 109% increase in identity fraud cases, according to a new report from payment intelligence company Fraugster.

The Consumer Financial Protection Bureau (CFPB) has fined Bank of America $100m for allegedly botching the disbursement of state unemployment benefits at the height of the pandemic.

Australians lost a record amount of over $2bn to scams in 2021, according to the annual report from the Australian Competition & Consumer Commission (ACCC).

Global online payment fraud losses are expected to exceed $343bn over the next five years, according to Juniper Research.

Lucinity, which supplies banks with productivity tools to fight financial crime, has closed its Series B funding round on $17m.

As part of the Queen’s Speech at the UK’s opening of parliament, a new Financial Services and Markets Bill was announced with new fraud protections for consumers.

Ideagen, which develops GRC management solutions, has released a report offering an in-depth exploration of auditing software.

An indictment was unsealed that charges Mining Capital Coin’s CEO for allegedly orchestrating a $62m global investment fraud scheme.