financial crime RSS

Banking leaders are struggling to balance experience, compliance, and security goals says BioCatch which has released the findings of a new study conducted by Forrester Consulting, that reveals the reality... read more

The post Majority of global FIs unable to respond to financial crime appeared first on Payments Cards & Mobile.

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

The post UK financial services sector spending £22k per hour fighting fraud appeared first on Payments Cards & Mobile.

New research shows 43% of financial services organisations expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months, as scammers target vulnerable... read more

The post Cost-of-living crisis set to fuel fraud appeared first on Payments Cards & Mobile.

Money laundering is about much more than white-collar crime. It is a process which fuels the activities of criminal gangs that are extremely harmful to European society as a whole.... read more

The post How to ramp up Europe’s fight against money laundering appeared first on Payments Cards & Mobile.

INFORM and BigML have agreed to terms on a preferred partner program to further ingrain best practice machine learning algorithms to the daily fight against financial crime with RiskShield. Both... more

The post INFORM and BigML partner to enable next generation data-driven fraud applications appeared first on Payments Cards & Mobile.