Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Financial institutions everywhere are still wrangling with the issues of vishing and smishing, the identifiable code words for scam phone calls and text messages. According to the Crime Survey for Eng...
Though the general principles of financial crime remain largely the same, criminals and other bad actors continue to seek new ways raise, store, move, and spend digital assets. Having an idea of what ...
At the end of 2022, I hosted a podcast alongside Nelson Yiannakou of Revolut about how we as an industry can improve our anti-money laundering processes and better tackle financial crime. Following on...
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...
Remaining compliant in today’s financial services industries requires a comprehensive surveillance function. Every call, message and communication between employees, customers and trading partners mus...
Iain Swaine, Global Advisory Director EMEA, BioCatch and Katie McKenzie, Engagement Manager EMEA, BioCatch The financial industry is preparing itself for a surge in Authorised Push Payment (APP) scam ...
Navigating complex, overlapping sanctions is placing renewed pressure on banks’ compliance operations and putting the trade finance industry to the test – again. Marc Smith, founder and CTO at Conpend...
In banking and technology, ChatGPT and other types of generative AI is on most people’s mind. In talking with clients they are starting to explore how generative AI can be leveraged to enhance their ...
As merchants gear up to maximise ecommerce sales in 2023, the never-ending fight against fraud means there’s no room for complacency. Valiant efforts to detect fraud will come to nothing if merchants ...
How would you quantify the impact of your business being taken offline for an entire week? What would be the fallout on clients? Where would your reputation stand? What would be the cost of recovery? ...
The January 31 cyberattack on Ion Markets, a middle- and back-office software vendor serving futures execution and clearing firms, prompted calls at a CFTC hearing on March 8 for a greater emphasis o...
Financial crime is a major challenge faced by banks worldwide, and the fight against it requires sophisticated tools and approaches. In the UK, transaction monitoring (TM) has been the backbone of ban...