Metro Bank has been fined by the FCA for inadequate monitoring of financial transactions.The bank failed to properly monitor transactions worth over £51bn for money laundering…
Recent survey indicates rising concerns about fraud among UK business leaders.58% of top decision-makers in large UK businesses acknowledge fraud as a major threat, an increase…
Swift is spearheading a revolutionary advancement in fraud detection for cross-border payments, incorporating AI to enhance its Payment Controls Service.This cutting-edge initiative is set to address…
A recent investigation reveals that Revolut, the UK’s newest bank, faces more fraud complaints than any other major UK bank.Revolut received nearly 10,000 fraud complaints in…
SmartSearch, a Yorkshire-based tech firm, has made significant additions to its executive leadership team, marking a pivotal growth phase.The company specialises in digital compliance and anti-money…
Revolut is challenging Meta over fraud liability, seeking increased accountability for social media firms.Revolut critiques Meta’s anti-fraud measures as inadequate, calling them ‘baby steps’.The fintech demands…
Sean ‘Diddy’ Combs joins Sam Bankman-Fried in a New York detention centre. This development has drawn considerable public interest.Both are housed in a unit designed for…
The Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has raised concerns over inconsistent AML improvements.Legal regulators are urged to increase efforts in reducing illicit funds…
Dan Secretan stands at the forefront of merging technology with financial crime detection, steering Xapien to notability. This platform revolutionises due diligence.With its AI-driven insights, Xapien…
PLS Solicitors is tackling financial crime by partnering with LMS for enhanced security.Rising financial crime in conveyancing prompts need for robust security measures.LMS confirms provides real-time…
