AI Drives Significant Progress in Combating Financial Fraud Business 17 October 2024 Artificial intelligence is proving to be a game-changer in the fight against financial fraud. By analysing vast datasets, the U.S.…
Revolut Faces Surge in Fraud Complaints Over the Year Technology 14 October 2024 Revolut has been named in more fraud complaints than any major UK bank this year.An investigation revealed over 10,000 fraud…
TD Bank to Pay $3 Billion in Landmark Money-Laundering Settlement Business 12 October 2024 In a significant legal development, TD Bank has agreed to pay over $3 billion to resolve charges related to money…
Revolut Calls for Social Media Fraud Responsibility Technology 3 October 2024 Revolut is urging social media companies, particularly Meta, to take greater responsibility for preventing and compensating fraud victims. Currently, financial…
Starling Bank Penalised £29 Million for Inadequate Financial Crime Controls Business 3 October 2024 Starling Bank has been fined £29 million by the Financial Conduct Authority (FCA) for its inadequate financial crime controls. This…
Notable Figures Diddy and Bankman-Fried Share Jail Quarters in Brooklyn Crypto Currency 24 September 2024 Sean ‘Diddy’ Combs has found himself alongside notorious figures in a New York jail. With his recent transfer, he shares…
