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Revolut doubles financial crime head count in bid to police fraud

Revolut, the fintech startup recognized for its innovative banking solutions, has announced the doubling of its ...

October 31, 2023, 5:06 pm

Fincen targets crypto mixers in fight against terrorist financing

The US Treasury Department's financial crimes Enforcement Network (FinCEN) has designated cryptocurrenc...

October 20, 2023, 5:56 pm

Jack henry (jkhy) boosts portfolio with fraud detection platform

Jack Henry (JKHY) launches financial crimes Defender, a cloud-native fraud and anti-money laundering so...

October 18, 2023, 12:03 pm

Nasdaq’s q3 results show it dominates ipo listings in 2023

Nasdaq, Inc. today (Wednesday) published its financial performance for the third quarter of 2023, revealing significant growth in multiple sectors. Th...

October 18, 2023, 11:26 am

Nasdaq supported by rising demand for anti-financial crime solutions

Nasdaq Inc reported a solid jump in third quarter revenue, drievn by demand for anti-financial crime pr...

October 18, 2023, 8:09 am

Fca closes ibp markets amidst concerns of financial crime risks

The Financial Conduct Authority (FCA) imposed restrictions on IBP Markets Limited, a wholesale broker, on September 15, 2023. This move is due to conc...

October 13, 2023, 5:51 pm

India accuses china's vivo of visa violations, siphoning off $13 bln

Many employees of Chinese smartphone maker Vivo and its Indian affiliates concealed their employment when seeking visas, and some breached rules by vi...

October 12, 2023, 5:16 am

Ftx's co-founder admits fraud with sam bankman-fried: report

Gary Wang, a key witness for prosecutors in the trial of his former partner, Sam Bankman-Fried (SBF), revealed that he and SBF committed multiple ...

October 6, 2023, 5:44 pm

An immediate use for ai? fighting financial crime.

Worldwide, the estimated amount of annual money laundering is over 2% of GDP, or about $800 billion. The surge of Generative Artificial Intelligence (...

September 27, 2023, 3:59 pm

Santander refunded millions by ey over supposed money-laundering failures

Banco Santander (LSE:BNC) was refunded millions of pounds by accountancy Ernst & Young over the latter's poor work addressing the bank's ...

September 26, 2023, 7:41 am

financial crime: state of corruption: from bridgegate to gold bars, menendez joins long list of nj political scandals

N.J. Sen. Bob Menendez’s indictment on bribery charges is the latest for a state plagued by corruption scandals Read Full Story The post ...

September 23, 2023, 4:13 pm

An hsbc-backed startup is using ai to help banks fight financial crime — and eyeing a nasdaq ipo

Silent Eight's AI models were actually trained on the processes that human investigators were carrying out within financial institutions, its CEO told...

September 22, 2023, 1:38 am

Top-tier financial dividend growth with nasdaq

Nasdaq Inc. is a strong technology proxy with a competitive dividend yield, low payout ratio, and high dividend growth. The company's transformation i...

August 31, 2023, 10:33 am

From digital coins to digital minds: uae wants to become global ai hub

The Middle East is taking the next steps to shift its economy from an oil-dependent to an innovative and digital one. The United Arab Emirates (UAE) a...

August 28, 2023, 8:01 am

Uk’s top crime agency assembles crypto investigators to tackle misconduct

The UK’s law enforcement agency has advertised two positions for the role of blockchain investigator under the Complex ...

July 26, 2023, 11:25 am

Regulatory compliance events: navigating the complexities of financial regulations

In the ever-changing financial services market, regulatory compliance is critical to maintaining openness, stability, and trust in the business. To pr...

July 25, 2023, 2:47 pm

Nasdaq reports 2q earnings beat on rising demand for anti-financial crime solutions

NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) has reported second-quarter earnings that beat expectations as rising demand for software to tackle ...

July 19, 2023, 8:11 am

financial crime: tax adviser to star djs and models arrested for alleged $100 million tax evasion scam

Frank Butselaar is accused of creating illegal tax shelters for his international DJ and model clientele to avoid paying U.S. taxes. Read Full Story T...

July 16, 2023, 11:59 pm

financial crime: an empty vault: silver dealer ordered to pay $146 million in case of 500,000 missing coins

Investigators allege Robert Higgins misappropriated tens of millions of dollars worth of silver American Eagle coins. Read Full Story The post ...

July 3, 2023, 9:53 pm

financial crime: bad boys: four dumb ways people just got caught allegedly engaging in insider trading

A Pfizer exec tipping a COVID drug’s success, a cop, a man breaking into a girlfriend’s laptop and investors in Trump’s media group deal all are...

July 1, 2023, 7:56 pm


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