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OneID: The dark reality of economic fraud in the UK

Fraud is now officially the most prominent crime in the UK, costing the economy £137bn each year. Martin Wilson, CEO of OneID, writes for...

Lambert Smith Hampton adopts digitalisation with KYC partnership

Property consultancy Lambert Smith Hampton (LSH) has chosen regtech provider Know Your Customer to drive its digital transformation strategy. Under the terms of the deal,...

Jumio unveils enhanced KYX platform to strengthen AML strategy

Jumio has unveiled an updated version of its AML compliance management system KYX, becoming better equipped to fight fraud attacks.  Showcasing the KYX platform at...

UKGC sanctions Betfred over AML and customer care failings

The UK Gambling Commission (UKGC) has ordered Betfred’s Gibraltar-based subsidiary Petfre Limited to pay a £2.87m penalty over a social responsibility and anti-money laundering...
AML

EGBA introduces first-ever pan European AML guidelines

The new guidelines are set to bring clarity for operators on how to improve risk assessments and ID checks.

Entain set to face AUSTRAC investigation

In an investigation that has been announced by AUSTRAC, details will be compiled on whether Entain complied with the anti-money-laundering and counter-terrorism financing laws...
aml

Hawk AI and Diebold Nixdorf toughen up AML efforts in the...

The partnering duo will provide machine learning capabilities to banks in the region that want to mitigate fraudulent behaviour.

Wise hit with $360K fine over AML breaches from UAE regulator

UK fintech Wise, an international payments facilitator, has received a $360,000 (£309,213) fine from the FSRA (Financial Services Regulatory Authority) following breaches of anti-money...

First AML – Bion Behdin: Blockchain is the ultimate in transparency

As the metaverse continues to grow, the threat of fraud continues to evolve and AML strategies are forced to elevate.  We spoke to Bion Behdin,...
metaverse

Payment Innovation – IDnow: Technology crucial to a smooth AML experience in...

The exponential growth of the metaverse opens a new door for fraudsters, as the space looks to evolve and provide a secure AML environment.

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