Tag: Fraud
FCA gives Al Rayan Bank $4mn AML failings fine
A penalty of more than £4mn has been issued to Al Rayan Bank by the FCA in connection to AML control failings.
The regulator detailed...
SEON moves to strengthen senior team with key hires
Fraud prevention company, SEON, has announced the new hires of Ben Ortman as its new Global VP of Sales and Andrew McAllister as its...
Report: Crypto hacks and fraud continue to rise annually
The annual rate of crypto fraud continues to increase according to a report by CoinJournal, which detailed an increase of 27% last year.
Worryingly, the...
Ondato CEO, Liudas Kanapienis: Combatting the emerging threat of deepfake technologies...
Year by year fraudsters evolve and attempt new methods to conduct fraud that bypass AML and KYC, which can increase challenges for firms like...
Chargebacks911 looks to bolster support for fraud prevention
Chargebacks911 is looking to bolster education on the threat of fraud, with the launch of their 2023 Geek’s Guide to Chargebacks, which emphasised just...
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...
OneID – Martin Wilson: ‘The key to cracking APP scams is...
The UK Government has been warned that fraud is ‘rampant’ across the region following the National Audit Office’s report into The Home Office, which...
GoCardless elevates fraud fight with Protect+ launch
GoCardless has enhanced the fight against fraud, with the launch of Protect+, an end-to-end prevention solution.
The offering looks to detect fraudulent activity at the...
Temenos elevates fight against financial crime with SaaS offering
Temenos has brought to market its SaaS offering, which enables banks to manage financial crime mitigation (FCM) with composable banking services on a secure,...
Outseer: UK fraud data makes for ‘grim reading’
Payment authentication and monitoring solutions specialist Outseer has detailed the widespread impact of fraud in the UK at a time when economic strain intensifies...
