Shield: AI Bringing Open Banking to the Masses
The process of adapting to Open Banking is discussed at length by @shiranw, the CEO and co-founder of @Shieldregtech for this #WeekendRead. Shiran details the...
Tag : money laundering
50% Of Companies Have Experienced Cybercrime at the Hands of the Same Attacker
by Tyler Smith
According to #data presented to @Atlas_VPN by @PonemonPrivacy, 50% of businesses worldwide have experienced recurring attacks from the same hackers; with companies in the United...
Confirmed Fraudulent Savings Accounts Rise by 170% Finds Experian
Research from Experian finds that when compared to this time last year, the fraud rate for current accounts has risen by 24%. #bankfraud #ML #moneylaundering...
AML and Identity Checks: Lessons Learned From the NatWest Case With SmartSearch
What can businesses learn from @NatWestGroup to avoid the same costly pitfalls of their landmark @FCA #moneylaundering case? John Dobson, CEO at @SmartSearchUK, shares his...
FCA Starts Criminal Proceedings against NatWest over Money Laundering Breaches
In March @TheFCA launched criminal proceedings against @NatWestGroup for allegedly failing to prevent #moneylaundering....
Lucinity: A Battle Cry for the War Against Money Laundering
#MoneyLaundering will not be solved with one solution says @lucinityaml's CEO and Head of #AI - a unified approach must be taken by all. #regtech...
Neo4j: Why Graph Technology Is the Key to Fraud Detection
How can #graphtechnology unearth #data and connections to lead investigators to curb #moneylaundering? Nik Vora from @neo4j explains...
FICO Survey Finds UK Banks Struggled With Covid-19 Financial Crime Surge
. @FICO #survey finds 79% of respondents from #UKbanks said that #remoteworking had a major impact on the effectiveness of their #financialcrime prevention....
Money Mules Use Fake Job Ads to Target Young People Affected by Covid
#MoneyMules are using fake job ads to target #millenials and #Genz affected by #Covid...
Moving Compliance From Blame-Shifting to Crime Prevention
by Gina Clarke
“We’re now in a position where nobody really cares about money-laundering or other financial crime, as long as it’s someone else’s fault" said Bob Blower...