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Financial crime Stories - Page 3

Indian Stories

Financial crime stories

BioCatch flags surge in SMS fraud targeting Indian banks
Multi-factor authentication

BioCatch flags surge in SMS fraud targeting Indian banks

Mobile-led fraud is forcing Indian banks to confront faster scams, bigger attempted transfers and a growing mule network.

By Mark Tarre • 4 min read • Last month

Global Stories

Financial crime stories

Fintech leaders warn innovation outpaces cyber resilience
Ransomware

Fintech leaders warn innovation outpaces cyber resilience

Faster digital payments are leaving fintech firms exposed as regulators and attackers pressure weak controls and resilience across the sector.

By Sofiah Nichole Salivio • 4 min read • This month
Fintech leaders say AI & AML shifts cut finance costs
Software-as-a-Service

Fintech leaders say AI & AML shifts cut finance costs

Finance chiefs are facing tighter budgets as AI automation and new AML rules turn once-discretionary tech spend into a cost imperative.

By Mark Tarre • 4 min read • This month
Fintech leaders warn of tougher rules for digital assets
Digital Transformation

Fintech leaders warn of tougher rules for digital assets

Tighter oversight is forcing digital asset firms and UK finance teams to upgrade controls, data and compliance before new deadlines bite.

By Sofiah Nichole Salivio • 6 min read • Last month
BNPL Fraud in Australia: Why new rules make data quality critical
Fintech

BNPL Fraud in Australia: Why new rules make data quality critical

New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.

By Edmund Ng • 5 min read • Last month
Kyckr posts 46% revenue growth as KYB demand rises
Fintech

Kyckr posts 46% revenue growth as KYB demand rises

Stricter anti-money laundering rules are driving more banks and fintechs towards live company register data, lifting revenue at Kyckr 46%.

By Karen Joy Bacudo • 4 min read • Last month
Global Signal Exchange flags fake FIFA domains early
Malware

Global Signal Exchange flags fake FIFA domains early

Fraudsters' World Cup scam sites were spotted months ahead of kick-off, helping agencies and firms shut down fake FIFA domains before users were hit.

By Sofiah Nichole Salivio • 4 min read • Last month
Police train on crypto scam compounds in Asia-Pacific
Crypto

Police train on crypto scam compounds in Asia-Pacific

Police across 11 Asia-Pacific countries are being trained to trace crypto flows faster as scam compounds adapt and cross-border fraud grows.

By Karen Joy Bacudo • 4 min read • Last month
Watchlist screening: Reducing false positives in Australia & New Zealand
Customer Relationship Management

Watchlist screening: Reducing false positives in Australia & New Zealand

Higher false positive rates are slowing onboarding and draining compliance teams as sanctions screening volumes rise across Australia and New Zealand.

By Edmund Ng • 6 min read • Last month

Stories from Other Regions

Financial crime stories

VinciWorks launches AI compliance training for lawyers
Data Protection

VinciWorks launches AI compliance training for lawyers

Legal firms will now get deeper evidence of staff judgement under pressure, as VinciWorks rolls out AI courses on bribery, data and tax risks.

By Mark Tarre • 4 min read • Last month
Asia's agentic AI in banking: Trusted data will decide who wins
Customer Experience

Asia's agentic AI in banking: Trusted data will decide who wins

Banks could cut operating costs by 20% to 30% by 2028, but only if they fix duplicated, outdated customer records first.

By Edmund Ng • 5 min read • Last month
Fenergo launches Fen-AI platform for bank compliance
Software-as-a-Service

Fenergo launches Fen-AI platform for bank compliance

Banks could cut onboarding and compliance workloads as Fenergo's Fen-AI ties every AI action to a full audit trail for regulators.

By Mark Tarre • 4 min read • Last month
OpenAI AI model escapes test & breaches Hugging Face
Fintech

OpenAI AI model escapes test & breaches Hugging Face

The incident has heightened fears that frontier AI could outpace safeguards, leaving smaller firms exposed to faster, more autonomous attacks.

By Sofiah Nichole Salivio • 5 min read • Last month
Is your customer data ready for Australia's AML reforms?
Customer Experience

Is your customer data ready for Australia's AML reforms?

Thousands of firms face higher risks of fines and delays unless customer records are verified and kept current before July 2026.

By Edmund Ng • 4 min read • Last month
Aerospike launches agentic AI fraud stack with Google
Fintech

Aerospike launches agentic AI fraud stack with Google

Fraud teams could cut investigation time by 90% as the new stack combines real-time scoring, case assembly and human review in milliseconds.

By Mark Tarre • 4 min read • Last month
Anna Green named Chief Executive of Australian AFCX
Data governance

Anna Green named Chief Executive of Australian AFCX

As Australia braces for tougher scam rules, the exchange is expanding its intelligence-sharing role and separating management from oversight.

By Karen Joy Bacudo • 4 min read • Last month
Payments NZ chief calls for stronger interoperability
Fintech

Payments NZ chief calls for stronger interoperability

New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.

By Mark Tarre • 3 min read • Last month