Money Laundering stories - Page 3
AI poised to transform banking with fraud prevention focus
Wed, 8th Jan 2025
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robots
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data analytics
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cx
Experts predict that 2025 will revolutionise AI in banking, enhancing fraud prevention, risk management, and customer experience, according to SAS.
BioCatch report underscores evolving fraud landscape in APAC
Wed, 26th Jun 2024
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endpoint protection
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fintech
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email security
BioCatch's latest report reveals a dramatic shift in the APAC fraud landscape, with 70% of scams now stemming from mobile apps, highlighting new vulnerabilities.
Group-IB helps bust Southeast Asian cyber fraud syndicate
Tue, 18th Jun 2024
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cybersecurity
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money laundering
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fraud
Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.
NFT Workx launches .WRKX domain to combat counterfeits online
Wed, 29th May 2024
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cx
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martech
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commerce systems
NFT Workx and Unstoppable Domains launch .WRKX Web3 domain, enabling tokenised identities to combat counterfeiting.
Oracle launches AI-powered platform to combat money laundering
Tue, 9th Apr 2024
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risk & compliance
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ai
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money laundering
Oracle unveils AI-powered Finance Services Compliance Agent to help banks combat a predicted $5.05tn in money laundering in 2024, through enhanced transaction monitoring and risk-control efficiency.
SEON report warns of complex fraud challenges ahead in 2024
Mon, 11th Mar 2024
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phishing
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physical security
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email security
SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.
Revolutionising AML workflows, First AML launches Source
Wed, 20th Sep 2023
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risk & compliance
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money laundering
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aml
First AML launches Source, a self-service platform to reinvent AML workflows, offering hope to businesses grappling with regulatory challenges.
FortiGuard predicts rise in advanced threat methods
Tue, 8th Nov 2022
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malware
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cybersecurity
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ar, vr & metaverse
New research predicts the convergence of advanced persistent threat methods with cybercrime, enabling a new wave of destructive attacks at scale.
Cybercriminals laundered $8.6 billion worth of cryptocurrency in 2021 - report
Fri, 28th Jan 2022
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malware
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ransomware
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data analytics
Chainalysis is releasing its latest money laundering report analysing money laundering activity from the previous year.
How the best tech deals get done using tech
Fri, 30th Oct 2020
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document management
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ecm
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martech
Venture capital (VC) is a massive global industry, with record funding for startups, but tech isn't usually a factor. That's starting to change.
Singapore-based AI startup scoops Australian RegTech award
Wed, 30th May 2018
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risk & compliance
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money laundering
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the regtech association
Singapore-based AI startup Silent Eight has won the top spot at the RegTech Association Australia's inaugural pitch fest this year.
ACIP releases best practices to stamp out financial crime in Singapore
Wed, 16th May 2018
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money laundering
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monetary authority of singapore
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financial institutions
Singapore must not tarnish its reputation as an international financial centre and transport hub by becoming a transit point for money laundering.
Cybercriminals laundering $200b in ill-gotten gains – here's how
Sat, 17th Mar 2018
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gaming
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crypto
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blockchain
A new report from Bromium has landed with a number of startling findings, including the confirmation of a bustling cybercrime laundry market.
C6 Intelligence expands Asia footprint with new managing director
Mon, 12th Feb 2018
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corruption
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money laundering
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c6 intelligence
Cybercrime prevention agency C6 Intelligence has expanded its Asia operations through the appointment of a new APAC managing director for the region.
Internet attack kits for dummies
Tue, 1st Feb 2011
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hp
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symantec
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zeus
Cybercrime is becoming more accessible to a wider audience, increasing the odds that the average user will be victimised.