Financial crime stories

Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.

AI is transforming work, pushing leaders to redesign global teams, roles and culture so people can shape intelligent systems, not fear them.

Property firms warn new UK digital ID rules still lack clear “confidence” levels, risking patchy compliance and confused procurement.

ACI Connetic for Cards promises unified issuing, acquiring and ATM processing as banks race to modernise card systems and fight fraud.

Fintech's risk frameworks are missing a vital safeguard: more women in decision rooms to challenge blind spots and prioritise resilience.

Scammers hijack Israel-Iran war headlines for classic advance-fee email cons, security researchers warn, urging users not to respond.

Fraud teams can unlock leadership pathways for women by breaking silos, sharing context and pairing mentorship with real decision power.

Bybit says its 2025 Dynamic Risk-Based Protection System stopped scams from draining over USD $300m in suspicious crypto withdrawals.

Women leaders at LexisNexis Risk Solutions hail 'Give to Gain' as a catalyst for inclusive leadership, mentoring and diversity in insurance tech.

In an AI-transformed workplace, women who embrace continuous reinvention and relevance over rank will define the next era of leadership.

Credas urges a UK-wide push to teach homebuyers about safer digital ID, warning email and WhatsApp use leaves them open to fraud.

AI has become the default weapon against fraud and AML, but SEON warns fragmented systems mean higher spend and rising operational strain.

Ghost broking scams are shifting from motorists to SMEs, with cases up 22% and average losses topping GBP £2,000 per affected business.

Entersekt boosts leadership as it tops 10bn transactions and posts 30% North American growth, adding senior hires to drive expansion.

Ecommpay launches a free fraud guide for online retailers as UK payment fraud hits GBP £1.17 billion and AI-driven scams rapidly escalate.

Half of fraud chiefs say fast-changing, AI-powered scams are outpacing their defences, forcing a shift to real-time, adaptive protection.

INTERPOL's Africa cybercrime blitz nets 651 arrests, seizes 2,341 devices and recovers USD $4.3m after scams linked to USD $45m losses.

Internal auditors warn AI-driven fraud is surging, but most concede they lack the tools, skills and time needed to spot it effectively.

Ecommpay's fraud and compliance head Marija Solovjova wins Women in Risk & Compliance honour at 2026 FinTech Week Awards in Dubai.

Veriff taps Data Zoo's global data network to bolster multi-layered ID checks and help digital firms fight fast-evolving AI identity fraud.