Financial crime Stories

Global Stories

Financial crime stories

AI now routine in cyber attacks, Google report finds

Security teams face a broader threat as criminals and state-backed actors use generative AI to speed hacks, phishing and malware.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago

Digital Transformation

Temenos launches AI tools for banking & compliance

Banks could speed up digital journeys and compliance checks as Temenos embeds AI agents and copilots into systems used for daily operations.

By Mark Tarre • 4 min read • 3 days ago

Crypto

FinScan adds stablecoin screening to Payments platform

Compliance teams can now screen stablecoin and wallet transfers alongside traditional payments, reducing the need for separate tools as use grows.

By Karen Joy Bacudo • 3 min read • Last week

Fintech

Data quality powers KYB: Mitigating risk and fighting fraud in real-time

Real-time business checks can now flag fraud, sanctions risks and beneficial owners before financial institutions onboard risky clients.

By Bud Walker • 5 min read • Last week

Data Analytics

Polymarket taps Chainalysis for on-chain market oversight

Scrutiny of prediction markets is rising as the platform adds blockchain tools to spot insider trading and manipulation across public ledgers.

By Sean Mitchell • 4 min read • Last week

Gaming

Sumsub launches Adaptive Deepfake Detector for fraud

Fraud teams facing faster AI-driven attacks can now update defences within hours as Sumsub’s detector learns new deepfake tactics automatically.

By Catherine Knowles • 4 min read • This month

Digital Transformation

Tech Mahindra acquires Avant to boost payments platforms

The deal gives Tech Mahindra a stronger foothold in North American banking as institutions spend more on payments and wealth system upgrades.

By Catherine Knowles • 4 min read • This month

Supply Chain

Black Kite & Sayari unite cyber & supply chain risk

Customers will get a single view of suppliers and cyber exposure as fragmented third-party risk data is linked across separate systems.

By Sean Mitchell • 3 min read • Last month

Digital Transformation

UK financial firms lack shared AI governance standard

Fragmented controls are leaving banks and fintechs exposed as AI adoption outpaces oversight, according to new research from Zango.

By Sofiah Nichole Salivio • 5 min read • Last month

Gaming

SAS launches AI supply chain agent in industry push

Retailers and manufacturers could get near real-time planning help as SAS opens a private preview of a supply chain agent.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Financial crime stories

Education, Learning & Training

PEXA Clear signs compliance deals with property firms

Property firms face tighter anti-money laundering checks as PEXA Clear expands into home building, real estate and advisory businesses.

By Sofiah Nichole Salivio • 3 min read • Today

Data Analytics

NTT DATA & HTX to co-develop AI for Singapore security

Rising scam losses in Singapore are pushing police tech investment, as the pair plan forensic and AI tools to speed investigations.

By Sean Mitchell • 4 min read • Yesterday

Data Protection

Ant International ties sustainability to management pay

Sustainability targets will now affect pay reviews at Ant International, as the payments firm widens internal accountability beyond financial results.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Data Protection

Shufti wins iBeta Level 3 for face liveness on mobiles

Independent testing showed the firm's face checks can block spoofing on mainstream phones while avoiding friction for genuine users.

By Sofiah Nichole Salivio • 4 min read • 3 days ago

Fintech

Credas says digital identity pass rates rise to 89.3%

Credas says digital identity checks are more decisive, with manual referrals falling to 3%-4% a year as identity fraud stays a concern.

By Sean Mitchell • 3 min read • 3 days ago

Data Protection

Identity fraud hit 55% of New Zealand firms: Lumin

New Zealand firms face mounting identity fraud losses of NZD $2.2 million a year, as 90% fear AI-linked weaknesses in document checks.

By Sean Mitchell • 3 min read • Last week

Fintech

FIS & Anthropic launch AI agent for bank crime probes

Banks could cut anti-money laundering case reviews from hours to minutes, as the new system keeps data and audit trails inside FIS's controlled environment.

By Karen Joy Bacudo • 4 min read • Last week