Browsing: financial crime

The UK Fintech sector suggests implementing ‘virtual passports’ for businesses to curb financial crime and save £600m annually.New research by…

Hong Kong’s evolving role as a financial hub is facing intense scrutiny from the United States. Recent concerns from US…

Artificial intelligence is proving to be a game-changer in the fight against financial fraud. By analysing vast datasets, the U.S.…

Revolut has been named in more fraud complaints than any major UK bank this year.An investigation revealed over 10,000 fraud…

In a significant legal development, TD Bank has agreed to pay over $3 billion to resolve charges related to money…

Revolut is urging social media companies, particularly Meta, to take greater responsibility for preventing and compensating fraud victims. Currently, financial…

Starling Bank has been fined £29 million by the Financial Conduct Authority (FCA) for its inadequate financial crime controls. This…

Sean ‘Diddy’ Combs has found himself alongside notorious figures in a New York jail. With his recent transfer, he shares…