Money Laundering stories
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.
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.
Entersekt boosts leadership as it tops 10bn transactions and posts 30% North American growth, adding senior hires to drive expansion.
Gr4vy integrates Sardine fraud and AML tools into its payments orchestration platform, offering merchants unified risk and routing in one layer.
Deepfakes, new biometrics rules and AI agents are rewriting digital identity, forcing ANZ firms to treat KYC as core infrastructure.
UiPath buys AI compliance specialist WorkFusion to automate banks' financial crime checks as monitoring workloads and governance demands surge.
Vietnam-based fake account farms are fuelling a growing global cybercrime market, flogging cheap logins, bot tools and disposable email tricks.
Property firms warn new UK digital ID rules still lack clear “confidence” levels, risking patchy compliance and confused procurement.
Canada is boosting financial intelligence and policing ties to track money trails and crack down on organised-crime extortion schemes.
Estate agents report fewer suspicious property deals as lawyers' alerts surge, widening the anti-money laundering gap between the sectors.
Legal Brokers launches iDWallet app in the UK, promising faster biometric ID checks as sectors face tougher anti-money laundering demands.
