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Criminals are smart, and detection capabilities need to be smarter and always adapting to stay one step ahead. Time to drive out pointless investigations and finding true malignancies hidden from existing rules and machine learning techniques. Join us for conversations and articles on how to refocus financial crimes investigations into actually stopping crime.
Financial institutions face increasing challenges in combating financial crime. While technology has significantly advanced (e.g. thanks to AI), the methods employed by criminals have also evolved, be...
With a General Election announced for 4 July, now is the perfect time for a stock take on the progress made over the past decade in relation to tackling fraud. For the most part, this was a decade in ...
Considering the highly dynamic nature of world politics and AML regulations pertaining to PEP screening and dealing with them PEP checks are becoming more of a challenging task rather than simply bein...
A joint advisory notice was issued to alert the international community, private sector, and the public, regarding the increased attempts by DPRK and DPRK IT workers to obtain employment as non-DPRK ...
Financial crime poses a serious threat to the UK economy, costing billions annually and undermining financial stability. The National Crime Agency estimates that the cost of money laundering in the UK...
Following National Child Exploitation Awareness Day, it is important to note that the online child sexual exploitation (CSE) model has shifted with social media. What we once thought could only take p...
Money laundering is the lifeblood of organised criminals – put simply, without the ability to move and convert criminal proceeds into “clean” money to fund further crime and the lavish lifestyle crimi...
Financial institutions are engaged in a constant battle to fight money laundering, bribery, fraud, terrorist financing and corruption and adhere to sanctions levied against countries and individuals. ...
Technology has a vital role to play as financial institutions fight back against fraudulent activity, which continues to grow—Alloy's Annual State of Fraud Benchmark Report, 91% of respondents said t...
‘Rough Diamonds’, the recent television series that delves into the world of money laundering across Europe, depicts a world where criminals try to hide the illicit origins of their funds through diff...
Can you believe it’s been 15 years since the Madoff scandal was uncovered? 15 years since the global financial crash. In fact, it was that incident that signalled the end for Bernie Madoff, the financ...
Right now, households in the UK are facing some of the most challenging economic conditions in decades. Although economic forecasts have shown a touch of optimism in recent weeks, the economy is stil...