Money Laundering stories

Oracle expands its financial crime platform with Lucinity's AI investigation tools, aiming to cut compliance workloads for banks and regulated firms.

DTEX warns North Korean operatives are using false identities to secure Australian tech jobs, with some applicants aided by AI and deepfakes.

MetaComp rolls out VisionX and AgentX to tighten AI-led payment checks, as it develops a Know Your Agent standard for finance.

UiPath rolls out agentic AI for banks to automate sanctions checks and loan origination, citing faster decisions and tighter audit controls.

WorkFusion's AI agent Tara has been named AML Solution of the Year by FinTech Breakthrough for streamlining sanctions screening workloads.

North Korean IT workers using Western collaborators and fake identities are infiltrating remote jobs to funnel foreign salaries home.

AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.

RedotPay wins new Canada, US and Argentina licences as it builds a global crypto payments hub and expands stablecoin-based services.

Creditinfo launches fraud and AML platform in Uganda, targeting rising digital payment risks and bolstering banks' compliance tools.

Commerzbank taps Hawk's AI to cut false alerts and sharpen money-laundering detection, as regulators push banks to bolster AML controls.

Fintech integrators turn to Melissa's real-time, trusted data layer to sharpen KYB checks, slash onboarding friction and cut synthetic fraud.

Vietnam-based fake account farms are fuelling a growing global cybercrime market, flogging cheap logins, bot tools and disposable email tricks.

Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.

Ripple seeks to secure an Australian Financial Services Licence via BC Payments deal, aiming to scale regulated cross‑border payments in APAC.

Fintech's risk frameworks are missing a vital safeguard: more women in decision rooms to challenge blind spots and prioritise resilience.

Fraud teams can unlock leadership pathways for women by breaking silos, sharing context and pairing mentorship with real decision power.

APAC banks face data gaps, false alerts and opaque ownership as they race to modernise sanctions screening amid fragmented rules.

AI has become the default weapon against fraud and AML, but SEON warns fragmented systems mean higher spend and rising operational strain.

Gr4vy integrates Sardine fraud and AML tools into its payments orchestration platform, offering merchants unified risk and routing in one layer.

UiPath buys AI compliance specialist WorkFusion to automate banks' financial crime checks as monitoring workloads and governance demands surge.