Fraud & Security RSS

AML/CFT framework, Cash, Daily news, EU AML Authority (AMLA), financial crime, Fraud & Security, money laundering, Regulation, Risk & Compliance -

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.

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Daily news, financial malpractice, Fraud & Security, malpractice, Payments News, Regulation -

In another startling case of financial malpractice unearthed in a Dutch-registered bank headquartered in the Netherlands owned by a Turkish financial holding company, a whistle blower as advised by his... read more

The post De Roos & Pen sends notice to Dutch bank for financial malpractice appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, Daily news, Fraud & Security, Identity, Know Your Business (KYB), Know Your Customer (KYC) -

A wide range of factors are converging to make Know Your Business (KYB) a major pain point for financial institutions (FIs) in the years ahead. Banks and other FIs must... read more

The post The coming crisis in KYC and KYB explained appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, Daily news, Fraud & Security, real-time fraud, Regulation, Risk & Compliance -

As part of its strategy for addressing fraud risks in the context of the Single Euro Payments Area (SEPA) payment schemes the European Payments Council (EPC), has elected to develop... read more

The post European Payments Council requests proposal for real-time fraud platform appeared first on Payments Cards & Mobile.

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