Latest Results from /crime
/crime
In a report released March this year, Swedbank was found to have carried out €37 billion of high-risk payments over a five-year period.
20 April 2020
Cybersecurity technology is rapidly evolving and adapting to changing threats thanks to machine learning. However, AI is just one part of handling cyber threats, and financial institutions should be cautious about placing full reliance on it.
06 April 2020
With countries around the world in lockdown during the Covid-19 pandemic, the Financial Action Task Force (FATF) is promoting the use of digital identity technology to securely enable remote financial services onboarding and transactions.
02 April 2020
Swedbank's board and management have been savaged in a report from law firm Clifford Chance over serious money laundering failings between 2014 and 2019.
23 March 2020
North Korean hackers stole around $250 million in cryptocurrency from an exchange and then enlisted Chinese nationals to help launder more than $100 million of it, say US authorities.
04 March 2020
Dubai International Finance Centre and Mashreq Bank are inviting other banks in the region to join a blockchan-based KYC data sharing coalition after running the first live transactions to support licensed businesses and corporates opening digital bank accounts instantly.
03 March 2020
While financial institutions across the market remain outwardly confident about their LIBOR transition strategy, uncertainty continues to surround the feasibility of achieving the migration within proposed deadlines.
02 March 2020
The number of suspicious transaction and order reports (STORs) recorded by the UK's Financial Conduct Authority (FCA) has reduced for the first time since records began in 2016
28 February 2020
The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.
Two defence agencies in Austria and France are joining forces to improve cryptocurrency security and tackle the rising rate of crime in the crypto market.
European parliamentarians have called on the zone's central bank to step up its green credentials and address growing financial technology challenges.
25 February 2020
Softbank's second Vision Fund is on the verge of investing $100m in Behavox, a UK startup which uses AI to monitor employees' behaviour at financial services companies.
21 February 2020
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