Anti-money laundering (AML) stories

SAS Viya has been named a Leader in Gartner’s first Magic Quadrant for Decision Intelligence Platforms, citing strong AI and governance strengths.

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.

SEON launches global partner programme to embed its AI-powered fraud and AML tools deeper into platforms as online scams surge worldwide.

SME Bank turns to Flagright’s AI-native platform for real-time AML monitoring and watchlist screening as it scales across northern Europe.

Lydian app lets Clover merchants accept crypto from 300+ digital assets at checkout while still being settled in local fiat currency.

SEON wins Frost & Sullivan’s 2025 Global Enabling Technology Leadership Award for AI-driven fraud and AML platform innovation.

LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.

Poor-quality customer data has driven more than two-thirds of FCA AML fines since 2020, analysis finds, with penalties topping GBP £430m.

BioCatch posts record ARR above $185 million as it adds 90 banks, blocks $4 billion in fraud and expands its global trust network.

Sumsub launches AI Agent Verification to link automated activity to verified humans, tackling rising AI-driven fraud without blocking bots.

ThetaRay launches Ray AI suite to automate AML investigations, promising audit-ready case files and up to 70% less manual work.

Crypto exchange WazirX is integrating Fireblocks technology to tighten custody, access and transaction controls for its 16m users.

APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.

Australian banks report the region’s worst compliance screening disruption, as ageing systems and manual workloads strain checks and onboarding.

SEON and Domaine partner to embed AI-driven fraud prevention into Shopify migrations, aiming to secure merchants without hindering conversions.

Mphasis Q3 revenue rises on AI-led projects as it secures new deals worth USD $428m, boosting growth despite flat sequential profit.

Kani deepens its tie-up with TransactPay, adding Data-as-a-Service to streamline global payments data as the issuer ramps up scale.

Data Privacy Day shifts focus from policy to proof, as firms embed control, resilience and design into complex hybrid data estates.

AI compliance firm ThetaRay names ex-Symphony chief Brad Levy as CEO, tasking him with scaling its Cognitive AI platform globally.

Betsson adopts Group-IB’s real-time fraud tech to counter rising account takeovers, bonus abuse and payment scams across its platforms.