Financial crime Stories

Global Stories

Financial crime stories

i-payout expands U.S. licences & eyes European EMI

Broader regulation could let enterprise customers send payouts directly in more markets, with i-payout also preparing a European EMI application.

By Karen Joy Bacudo • 4 min read • Today

Software-as-a-Service

Shufti launches bank account verification in 70 nations

Businesses can now confirm account ownership before sending payments, with Shufti's tool covering more than 70 countries and easing fraud checks.

By Karen Joy Bacudo • 4 min read • Yesterday

Malware

Infoblox warns of scam gambling risks in ANZ traffic

Security teams in Australia and New Zealand face hidden fraud and malware risks from gambling sites that can mask illegal deposits and scam withdrawals.

By Sean Mitchell • 4 min read • Yesterday

Software-as-a-Service

FIS posts record core banking wins at smaller banks

Smaller lenders are accelerating technology overhauls to curb fraud and improve digital services, driving FIS to a record first-half tally of core wins.

By Karen Joy Bacudo • 4 min read • 3 days ago

Data Protection

Shufti launches EU AMLR compliance service for firms

Firms across the bloc face stricter proof requirements as the EU's new anti-money laundering rulebook standardises checks and ongoing monitoring.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Software-as-a-Service

Shufti wins Gartner honour for global identity coverage

Businesses onboarding customers abroad may benefit, as Shufti's document checks now cover more than 10,000 identity types in 240 countries.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Gaming

Shufti adds digital signatures & Travel Rule tools

European firms face tighter audit and AML demands as Shufti links verified identities to signing, transaction monitoring and crypto transfers.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Gaming

FARx appoints ex-BT executive as Chairman for expansion

Seed-backed FARx is ramping up abroad as deepfake and identity-fraud attacks push demand for its biometric authentication tools.

By Sofiah Nichole Salivio • 3 min read • Last week

Fintech

Banks & fintechs test stablecoins for cross-border payments

Cross-border transfer costs may fall as nearly half of banks and fintechs are already using or piloting stablecoins, ACI Worldwide says.

By Joseph Gabriel Lagonsin • 3 min read • This month

Software-as-a-Service

SEON partners Exist Software Labs on fraud tools in Asia

The deal gives banks and fintechs in the Philippines and Southeast Asia wider access to fraud checks as online transactions surge.

By Joseph Gabriel Lagonsin • 3 min read • This month

Stories from Other Regions

Financial crime stories

Fintech

Ledger appoints Oded Blatman as Chief Information Officer

The hire underlines Ledger's push into institutional digital asset security as AI-driven attacks and tokenised assets raise the stakes for breaches.

By Sofiah Nichole Salivio • 4 min read • Yesterday

Fintech

UK card fraud losses rise 2% as Europe hits record

Europe's card fraud bill hit a record EUR €1.69 billion, even as UK losses edged up only 2% to GBP £594.9 million.

By Sofiah Nichole Salivio • 4 min read • 2 days ago

Data Protection

Probe Group wins ISO 42001 AI certification across brands

Clients in regulated sectors may benefit from lower AI compliance risk after Probe Group completed independent certification across all its brands.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

Data Protection

Deloitte urges Canada regulatory reform to boost growth

Stronger anti-money laundering reforms could lift Canada's economy by CAD $216 billion over a decade, Deloitte says.

By Karen Joy Bacudo • 4 min read • 3 days ago

Fintech

Peoples Group taps Feedzai ahead of Real-Time Rail

Fraud checks are being upgraded before Canada's instant payments network goes live, as Peoples Group seeks to stop scams in real time.

By Karen Joy Bacudo • 4 min read • 3 days ago

Software-as-a-Service

Savira launches free privacy tools for small firms

More than 100,000 small businesses are now in privacy regulators' sights as tougher rules push demand for cheaper compliance tools.

By Sean Mitchell • 4 min read • 3 days ago

Network Security

Numeracle launches corporate KYCaaS identity checks

Growing fraud fears are driving demand for continuous business identity checks, as Numeracle targets telecoms and other platforms with its KYCaaS service.

By Sofiah Nichole Salivio • 5 min read • Last week