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Oliver Tearle

DARKTRACE IS CORRECT - SIX WAYS GENERATIVE AI ENABLED FRAUD THREATENS THE PAYMENTS INDUSTRY

Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it ...

09 Mar 2023
Exposing Financial Crime
Richard McCall

FTX was crypto’s canary. Financial institutions ignore its demise at their peril

Despite a raft of recent issues, financial institutions remain determined to dive deeper into crypto. This presents real risks to institutions – and that it is imperative that they take precautions to...

08 Mar 2023
Open Banking
Stan Cowan

How to Accelerate Your Real-Time Fraud Detection

According to a recent survey from PYMNTS, over 71% of executives are significantly interested in real-time payment systems. It’s easy to see the value in near-instant transactions – faster account op...

07 Mar 2023
Payments strategies 2015-2020-2030
A Finextra Member

EU closes tracking dirty money

A judgment by the Court of Justice of the European Union (CJEU) may have turned back the clock on effective anti-money laundering capability. In a surprise announcement on the 22nd of November, the CJ...

01 Mar 2023
Alex Malyshev

Voice Cloning: A Blessing or a Curse for the Voice Banking Industry?

Imagine being able to talk to your bank account and conduct transactions without the need for a phone or computer. That's the reality of voice-based banking, a fast-growing industry expected to reach ...

27 Feb 2023
Banking
Iain Swaine

You’ve Been Phished! But What Happens Next?

Phishing is the oldest weapon in a fraudster’s war chest and still serves as the most common form of cyber-attack around. Phishing attacks reached a record high in 2022, according to the Anti-Phishin...

22 Feb 2023
Artificial Intelligence and Financial Services
Ketharaman Swaminathan

Shortselling For Normies

(This is a commentary on how shortselling works and not a guide to carry out shortselling.) I recently posted the following update on social media: @s_ketharaman: Startup Idea: Hindenburg Research of...

16 Feb 2023
Stu Bradley

Caught in a Bad Romance: Breaking up romance scams

In her 2009 hit single, Lady Gaga sings about being “caught in a bad romance” with an irresistible lover. Not unlike the songstress, nearly 70,000 US singles were entangled in a bad romance of their ...

13 Feb 2023
Fintech
Eduardo Castro

How financial services companies can deal with romance scams this Valentine’s Day

Romance scams are an especially cruel way to dupe a victim. Gaining their trust and fooling them into thinking they’re romantically involved, before exploiting that trust and using their personal info...

13 Feb 2023
Digital Identity Management
Uri Rivner

Do banks really know their customers anymore?

The 80s! What a fantastic decade. Anyone who grew up in the eighties, raise your hands! Indiana Jones, War Games, Beverly Hills Cop, Commodore 64 adventure games… Growing up in the eighties was awesom...

12 Feb 2023
Digital Banking
Matthew Salisbury

Wangiri 2.0 scam. Is your business protected?

I know what you’re wondering. Wangiri. What the heck does that mean? It’s a Japanese word meaning ‘one (ring) and cut’. So called because fraudsters make one ring calls to consumers from high-rate ove...

08 Feb 2023
Exposing Financial Crime
Farnoush Mirmoeini

Change ahead: Key KYC and financial crime developments in 2023

2022 brought renewed attention to the anti-money-laundering (AML) space and the know your customer (KYC) processes underpinning it. High profile cases, such as the criminal trial of Credit Suisse for ...

25 Jan 2023
RegTech

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