538 Results from /crime
Nick Green Director at Purple Patch Broking Ltd
Lenders have traditionally turned to credit bureau data to assess affordability and risk—but that reliance is starting to change. AI-powered models are now delivering real-time, predictive insights that offer far more than static bureau scores. And with alternative data sources gaining traction, credit providers are under pressure to reassess how ...
10 April 2025 /retail /crime Banking
Devendra Singh Parmar Independent Researcher
As the financial services industry continues to undergo rapid digital transformation, the landscape of banking is set to look dramatically different by 2030. One of the most pivotal forces shaping this evolution is the emergence of autonomous AI agents—intelligent systems capable of operating independently to solve complex problems, adapt to new en...
03 April 2025 /ai /crime Banking
Steve Marshall Director of Advisory Services, at FinScan
Demand for digital payments continues to hit new heights, sparking a wave of payment innovation to meet demand. Meanwhile, the shift to real-time payments means more transactions are settled faster than ever. This new payments landscape can deliver enormous benefits but also opens the door to new financial crime (FinCrime) risks. Regulated instit...
02 April 2025 /payments /crime
Ekaterina Andreeva Software Engineer at Kriya Finance Limited
Taking Serious Fraud Seriously According to The Global Fraud Report 2024, almost every 10th order of goods or services is fraudulent. 3.3% of all orders accepted by merchants were fraudulent. While 5.8% of all orders were rejected due to suspicion of fraud. According to the merchants who participated in the survey, the main reason for such a hig...
29 March 2025 /startups /crime Fintech innovation and startups
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
If the person or organization, you encounter on the net is the one she/he/it claims to be? If the person – once recognized - has the right to act on behalf of an organization or another person? If a certificate, statement, permission, power of attorney the person or a robot present is real and still valid? If your own data can be sent to a service ...
28 March 2025 /ai /crime Artificial Intelligence and Financial Services
Naina Rajgopalan Content Head at Freo
Cryptocurrency has emerged as a valuable and sought-after asset for millions of individuals globally. With the advent of Bitcoin, Ethereum, and numerous other digital currencies, investors are drawn to their growth potential. Nevertheless, like any valuable asset, cryptocurrencies must be secured to prevent loss. Sadly, the decentralized and digit...
27 March 2025 /crypto /crime
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The Financial Conduct Authority (FCA) has just released its new five-year strategy, and it sets a bold, forward-thinking agenda for the UK’s financial sector. Rather than simply tightening rules or reacting to emerging risks, the FCA is seeking to reshape its role, from watchdog to enabler, from reactive to purposeful. The strategy is anchored in...
26 March 2025 /regulation /crime Fintech
Janine Grainger CEO at Easy Crypto
This past month, hackers stole a staggering $1.5 billion from the crypto exchange Bybit in what the market dubbed “The biggest digital heist ever”. Unsurprisingly, the sheer scale of the attack has led many to once again question the safety of crypto, with critics pointing fingers at the industry’s security vulnerabilities. But here’s the twist:
25 March 2025 /crypto /crime
Frank Moreno CMO at Entersekt
In a little over a year, North America will play host to the 2026 FIFA World Cup. And, with concerns already mounting around the red tape surrounding the 5.5 million fans expected to descend on 11 U.S.cities, banks have been warned that they should beef up their fraud protection for the hundreds of millions of additional transactions ahead of and ...
25 March 2025 /retail /crime Exposing Financial Crime
Marko Maras CEO at Trustfull
A corporate finance employee in Hong Kong receives an urgent video call from their CFO. The face on the screen is familiar, the voice unmistakable. Without hesitation, they authorize a $25 million wire transfer—only to discover later that their CFO never made the call. In the US, a man panics when he hears his mother’s voice on the phone, beggin...
18 March 2025 /ai /crime Artificial Intelligence and Financial Services
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