Latest Financial Crime News: Finextra Research

Spanish banks form fraud fighting JV

Banco Santander, BBVA and CaixaBank have set up a company that will see the Spanish lenders share data that will help tackle financial crime.

25 July 2023

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FTX sues Sam Bankman-Fried for $1bn

The former boss of failed crypto exchange FTX, Sam Bankman-Fried, is facing a $1bn lawsuit from the company he founded.

21 July 2023

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Martin Lewis calls for regulation after featuring in deepfake AI scam

Consumer finance specialist Martin Lewis has spoken out after a deepfake scam video featuring his likeness was circulated on Facebook.

07 July 2023

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Mastercard AI tool helps UK banks take on real-time payment scams

Mastercard is tapping into its AI capabilities to help a host of UK banks predict and prevent real-time payment scams.

06 July 2023

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BBVA builds global financial crime prevention unit

BBVA has announced the launch of a unit to further strengthen the bank’s financial crime prevention structure.

03 July 2023

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Payments Association warns UK govt on APP fraud plans

The Payments Association has written to the UK government warning of the “unintended consequences” of new policies designed to reduce Authorised Push Payments (APP) fraud.

27 June 2023

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EBAday: Collaboration and the future of fraud prevention in PaaS

The second day of EBAday 2023 started off with the hot topic of Payments as a Service (PaaS), and specifically some of the preventative measures which need to be undertaken to secure PaaS against cyber-attacks and fraud.

23 June 2023

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UK banks expect rise in cyber crime due to economic downturn

The cost-of-living crisis in the UK is likely to lead to a rise in cyber crime, suggests recently published research.

23 June 2023

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EBAday: Payments trends to watch out for in 2024

EBAday, the premier event for industry professionals across transaction banking and payments covers all aspects of the sector, in degrees of depth unseen at other conferences. The second day of the event saw senior executives listen in to sessions on instant payments, correspondent banking, regulation, innovation, Payments as a Service (PaaS) and models for public and private sector collaboration. Here’s a roundup of the most discussed themes and what to expect in 2024.

22 June 2023

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EBAday 2023: iPiD announced as Fintech Zone winner!

During the past two days, 16 early stage, early growth fintech startups from across Europe and beyond pitched their proof of concepts or working products on the exhibition floor of EBAday 2023 in Madrid, Spain.

21 June 2023