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Financial crime Stories - Page 2

Australian Stories

Financial crime stories

PhishByte warns AI phishing has outpaced detection
Multi-factor authentication

PhishByte warns AI phishing has outpaced detection

Traditional email filters are failing as AI-crafted scams now look legitimate enough to fool staff and drive up fraud losses.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Ledger appoints Oded Blatman as Chief Information Officer
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 • Last month
Probe Group wins ISO 42001 AI certification across brands
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 • Last month

Global Stories

Financial crime stories

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

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 • Last month
Shufti launches bank account verification in 70 nations
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 • Last month
Infoblox warns of scam gambling risks in ANZ traffic
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 • Last month
FIS posts record core banking wins at smaller banks
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 • Last month

Stories from Other Regions

Financial crime stories

XConnect & Honey Badger join forces on fraud checks
Multi-factor authentication

XConnect & Honey Badger join forces on fraud checks

Banks and payment firms could gain tighter onboarding checks as the pair combine mobile network signals with identity datasets to spot fraud.

By Joseph Gabriel Lagonsin • 4 min read • Last month
SymphonyAI launches AI platform for continuous compliance
Data Analytics

SymphonyAI launches AI platform for continuous compliance

Banks face growing pressure to monitor financial crime risks continuously as most compliance teams still rely on manual reviews.

By Karen Joy Bacudo • 4 min read • Last month
DeeMoney picks SEON for real-time remittance checks
Fintech

DeeMoney picks SEON for real-time remittance checks

Near-instant screening could speed payouts for DeeMoney customers sending and receiving funds across Thailand's remittance network.

By Karen Joy Bacudo • 3 min read • Last month
KYBIX launches business identity platform for banks
Data Protection

KYBIX launches business identity platform for banks

Banks could cut repeated compliance checks as KYBIX rolls out reusable business identity data backed by Euroclear and Liminal.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Xapien raises USD $56 million to fuel US expansion
Software-as-a-Service

Xapien raises USD $56 million to fuel US expansion

The cash will accelerate global hiring and deepen Xapien's US push, as half its revenue already comes from American clients.

By Joseph Gabriel Lagonsin • 4 min read • Last month
NatWest tests AI spending insights & fraud support
Data Protection

NatWest tests AI spending insights & fraud support

Customers will be able to query spending patterns in natural language as the bank expands in-house AI after launching fraud triage support.

By Karen Joy Bacudo • 4 min read • Last month
H2O.ai opens Singapore lab for sovereign AI projects
Robotics

H2O.ai opens Singapore lab for sovereign AI projects

Singapore's scarce land and tight labour market are pushing H2O.ai to test AI systems in live customer settings, not demos.

By Karen Joy Bacudo • 6 min read • Last month
Meth, luxury cars and first-class flights: Inside Operation Juneau
Crypto

Meth, luxury cars and first-class flights: Inside Operation Juneau

Police say gang cash funded first-class holidays, five-star stays and a Dubai car-rental business as six men face drugs and laundering charges.

By Sam Sherwood • 3 min read • Last month
Personnel Checks launches financial checks for UK employers
Data Protection

Personnel Checks launches financial checks for UK employers

The checks are aimed at roles handling cash or sensitive data, as UK employers widen screening to curb fraud and insider risk.

By Karen Joy Bacudo • 4 min read • Last month
UK card fraud losses rise 2% as Europe hits record
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 • Last month