Agentic AI represents an evolution in compliance, so long as automation comes with regulatory confidence and without ...

Disaster strikes. One of your employees was tricked into changing the payment account for your business’s largest vendor, sending a series of payments to a fraudulent account. The vendor has now cut ...

Financial crime continues to evolve at an alarming pace. Despite significant investments in advanced detection techniques, only a small fraction of these crimes is detected and stopped. Research ...

WASHINGTON (AP) — As the nature of financial crime changes, with technology and AI increasingly used to perpetrate illegal acts, the IRS' crime fighting arm —IRS Criminal Investigation— is announcing ...

The Financial Crimes Enforcement Network (FinCEN) is a regulatory agency created to enforce money laundering rules and laws.

Europol has launched the new European Financial and Economic Crime Centre (EFECC). The center will enhance the operational support provided to EU Member States and EU bodies in the fields of financial ...

Maintaining a comprehensive view of financial crime risk of your customers is an essential task but not a simple one. Current models rely on static data collected at account opening or event-driven ...

The global financial landscape is under siege by increasingly sophisticated financial and economic crimes. Money laundering, fraud, corruption, and market abuse pose ever-growing risks, compounded by ...

The dark web has been depicted as a long-standing hub for crimes, where illegal activities such as drug dealing, financial fraud, weapon sales, murder for hire, stolen credit cards, and ransomware ...

According to noted national security expert Juan Zarate, financial institutions have been in dire need of updated management technologies to match the current threat landscape. All of the “illicit ...

Barclays has been hit with a £42m fine by the Financial Conduct Authority (FCA) for separate instances where the bank failed in its financial crime risk management. The City watchdog blasted Barclays ...

Corporate finance firms play a key role as gatekeepers of financial crime risk. This should be recognised through a commitment to effective financial crime systems and controls. Corporate finance ...