Financial crime stories

Innovate Finance, City of London Corporation, and Encompass Corporation launch a RegTech Platform to expedite fintech initiatives, provide guidance to RegTech providers, and address sector challenges.

Dow Jones Risk and Compliance is set to launch an AI-powered research platform, Dow Jones Integrity Check, promising to revolutionise diligence reports.

Neil Acworth steps into the role of Chief Information Security Officer at Encompass Corporation, bolstering the firm's commitment to delivering robust, data-centred financial security measures.

Specialist in compliance technology, Encompass Corporation, earns 'One to Watch' status from Chartis Research's FCC50 list, highlighting performance in battling financial crime.

London's Ripjar launches Compliance CoPilot, an AI-risk management assistant, aiming to revolutionise threat monitoring.

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

Global spending on Anti-Money Laundering (AML) systems is projected to reach USD $51.7 billion by 2028, an 80% increase driven by AI's role in enhancing risk assessment, according to Juniper Research.

Dow Jones Risk and Compliance unveils Risk and Compliance Financial Instruments, a cutting-edge solution for optimising pre- and post-trade investment screening amid an increasingly complex regulatory environment.

In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.

Singapore battles rising online scams as LRN Corporation delivers accredited courses to enhance ethical practices in the financial sector, in line with the Monetary Authority regulations.

Encompass Corporation's dynamic Know Your Customer (KYC) process automation platform earns them a place in the 2024 RegTech100 list.

ST Engineering will enhance digital transformation in finance by expanding cybersecurity solutions, in partnership with the non-profit Elevandi.

There is a worldwide cybersecurity professional shortage. But what does this mean for cybercriminals? More easy money to make.

In 2022 the number of cryptocurrency-related phishing attacks prevented by Kaspersky anti-phishing systems increased by 40% compared to the previous year.

The SaaS platform is designed to help financial institutions detect and eliminate financial criminality with greater speed and accuracy.

SAS has recognised US-based financial crimes and data consulting firm Zencos with the 2022 Australia and New Zealand Partner of the Year award.

Cryptocurrencies are valuable, digital, anonymous, and can be used across borders - they can be sent to others anytime, anywhere.

INTERPOL crackdown on telecom and social engineering scams results in 2,000 arrests and $50m of illicit funds intercepted.

SAS and Zencos extend their partnership to Australia, offering an AML cloud solution for the financial sector.

Wynyard currently expects revenue in the range of $40 to $45 million for FY15. Wynyard reported revenue of $26 million in FY14.

New Zealand's payments and settlements system is lagging behind the rest of the world in terms of regulation, and a new framework is needed for a s.

Wynyard Group opens Asia Pacific Operation Centre in Sydney, supporting growth and new contracts in the region.

Fresh from listing on the New Zealand Stock Exchange, Wynyard Group has secured exclusive rights of the MHA Gateway service, an online anti-financial crime resource, for an undisclosed sum.