560 Results from /crime
Joseph Ibitola Head of Demand Generation at Flagright
In AML and fraud monitoring, expected behavior refers to the normal patterns of transactions for a given customer, their typical transfer amounts, frequency of transactions, usual beneficiaries or destinations, etc. Defining this baseline is critical because it enables compliance teams to distinguish routine activity from anomalies. Unusual transa...
31 July 2025 /regulation /crime RegTech
Glenn Fratangelo Director of Product Marketing and Strategy at NICE Actimize
Elder financial exploitation is more than just a fraud issue — it’s a pressing public health and consumer protection challenge. As the population ages and digital channels become more prevalent, older adults are increasingly targeted by scammers and abusers, often with greater frequency and success. From romance scams to trusted caregivers abusing...
17 July 2025 /retail /crime
A quiet but profound shift is underway in the U.S. payments system. In March 2025, the White House issued a mandate: by the end of FY2025, virtually all federal government payments — including tax refunds — must move off paper checks and onto electronic channels, primarily ACH. While this is a victory for efficiency, it will drive sudden, u
15 July 2025 /payments /crime
Grant MacDonald Director of Financial Crime at Experian
Fraud and financial crime remain a significant challenge for UK businesses in 2025. From banks and fintech’s to retailers and telecom providers, organisations are working hard to stay ahead of increasingly sophisticated threats. According to the latest insights from the Experian UK Fraud and FinCrime Report 2025, just one in ten expect to reduce t...
09 July 2025 /crime
Alex Rees Information Technology at Facctum
The global adoption of real-time payments has transformed financial services. From the UK’s Faster Payments system to the EU’s Instant Payments Regulation, money now moves in seconds, around the clock. But financial crime does too. Legacy anti-money laundering (AML) systems weren’t built to operate at this speed. Static thresholds, delayed alerts...
08 July 2025 /regulation /crime RegTech
Steve Marshall Director of Advisory Services, at FinScan
Russian-related sanctions may have dominated the financial crime landscape over the last three years, but in the US, we’re seeing increasing regulatory focus on another threat category: transnational criminal organizations (TCOs) and cartels. As with Russian sanctions, not only do the TCOs and cartels themselves pose potential sanctions risks, bu...
02 July 2025 /regulation /crime Exposing Financial Crime
Tackling sanctions evasion can often be likened to patching a leaky boat. As one hole is patched, another opens. This is particularly the case when dealing with kleptocrats. Kleptocracy is when government officials and other powerful individuals exploit and steal a country’s wealth and resources from its citizens. Kleptocrats may be subject to san...
25 June 2025 /regulation /crime Exposing Financial Crime
Stephen Terry UK MD at Arctera
Regulatory rules may shift but one thing remains constant: the need to manage risk to operations, customers, and market confidence. As regulations in the financial services sector evolve so too must the systems and strategies that firms use to manage them. With new requirements, standards, and laws coming to the fore, these regulatory moments offer...
23 June 2025 /regulation /crime
Garima Chaudhary Global Head of Solution Eng, FinCrime & Compliance at Oracle
It is estimated that 1% of the European Union’s wealth—roughly €160 billion—is linked to suspicious activity (source). Despite various anti-money laundering (AML) directives over the years, the EU has lacked a centralized authority to consistently enforce and supervise AML efforts across Member States. While the European Central Bank’s Single Supe...
16 June 2025 /regulation /crime Banking Regulations
James Baston-Pitt Head of UK & EMEA at Alloy
UK Finance’s latest fraud report is out and, like any good read, there are highs and lows: moments of positivity mixed with sobering reasons for pause. £1.17 billion was stolen by fraudsters in 2024. This is the same figure UK Finance’s financial institution members reported in 2023. While we’d like to see that number decline, the fact that total ...
12 June 2025 /regulation /crime Exposing Financial Crime
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