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Money Laundering Stories

UK Stories

Money Laundering stories

Know your business (KYB) for UK firms
Fintech

Know your business (KYB) for UK firms

Relying on Companies House alone can leave UK firms exposed to hidden ownership, weak screening and regulatory scrutiny.

By Barley Laing • 5 min read • Last week

Global Stories

Money Laundering stories

4 practical tips for maintaining data quality
Fintech

4 practical tips for maintaining data quality

Bad records can drive up costs, hurt compliance and damage customer service unless firms keep data accurate as it changes.

By Shivani Pimpili • 4 min read • Yesterday
North Korean-linked fraud targets 1,100 remote jobs
Human Capital Management

North Korean-linked fraud targets 1,100 remote jobs

Employers face a growing insider threat as suspected North Korean operatives used fake identities to land remote roles at more than 1,100 firms.

By Sofiah Nichole Salivio • 4 min read • Last week
How poor watchlist data undermines sanctions screening accuracy
Fintech

How poor watchlist data undermines sanctions screening accuracy

Poor-quality sanctions lists can swamp compliance teams with false alerts while letting real matches slip through, raising regulatory risk.

By Edmund Ng • 6 min read • Last week
World Cup fraud shifts to verified accounts & withdrawals
Gaming

World Cup fraud shifts to verified accounts & withdrawals

Operators faced a 38% rise in suspicious withdrawals as World Cup fraud shifted from sign-ups to verified accounts, SEON said.

By Sean Mitchell • 4 min read • Last week
Ransomware victim numbers flat as active groups hit record
Data Protection

Ransomware victim numbers flat as active groups hit record

More groups are now driving attacks, leaving victim numbers flat even as ransomware operations reached a record 93 active crews in the quarter.

By Joseph Gabriel Lagonsin • 4 min read • This month
Why AI governance is the key to unlocking APAC's compliance backlog
Data Protection

Why AI governance is the key to unlocking APAC's compliance backlog

Backlogs, false positives and rising fines are pushing APAC compliance teams towards AI, but most firms still lack the skills to govern it safely.

By Bryan Keasberry • 5 min read • This month
Bybit sues North Korea over USD $1.5 billion theft
Blockchain

Bybit sues North Korea over USD $1.5 billion theft

A US court has frozen alleged proceeds from the hack as the exchange seeks to recover only a fraction of the missing crypto.

By Joseph Gabriel Lagonsin • 4 min read • This month
Ecommerce fraud pressure rises 33% as AI fuels attacks
Digital Transformation

Ecommerce fraud pressure rises 33% as AI fuels attacks

Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.

By Joseph Gabriel Lagonsin • 4 min read • This month
Visa to buy BioCatch in USD $2.4 billion cash deal
Data Protection

Visa to buy BioCatch in USD $2.4 billion cash deal

The deal would bolster Visa's push into fraud prevention as banks battle account takeovers, scams and money mule activity.

By Karen Joy Bacudo • 4 min read • This month
ABBYY document forensics tackles AI-generated fraud for fintechs
Digital Transformation

ABBYY document forensics tackles AI-generated fraud for fintechs

Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.

By Mark Tarre • 4 min read • This month
How can phishing-resistant authentication strengthen AML compliance across the accounting sector?
Data Protection

How can phishing-resistant authentication strengthen AML compliance across the accounting sector?

Phishing-resistant logins could curb account takeovers that let criminals tamper with tax data, refunds and audit trails across firms.

By Geoff Schomburgk • 6 min read • This month

Stories from Other Regions

Money Laundering stories

Green Check expands compliance platform beyond cannabis
Fintech

Green Check expands compliance platform beyond cannabis

Banks and credit unions can now manage compliance for money services, gaming and other high-risk sectors in one system.

By Karen Joy Bacudo • 3 min read • Last week
Coinme appoints Chief Compliance Officer for global push
Crypto

Coinme appoints Chief Compliance Officer for global push

The hire is designed to strengthen Coinme's licensing and anti-money laundering controls as it expands regulated money movement beyond the US.

By Karen Joy Bacudo • 4 min read • This month
Aderant & First AML link compliance into law firms' workflow
Software-as-a-Service

Aderant & First AML link compliance into law firms' workflow

Law firms using both systems can now cut handoffs and duplicate data entry as AML checks move inside their core practice management workflow.

By Karen Joy Bacudo • 4 min read • This month
Customer verification in Australia: A complete guide
Data Protection

Customer verification in Australia: A complete guide

Rising cybercrime is forcing Australian businesses to tighten checks or risk fraud losses, compliance breaches and slower onboarding.

By Edmund Ng • 7 min read • This month
MVB Bank taps Bretton AI for compliance operations
Fintech

MVB Bank taps Bretton AI for compliance operations

The agreement will let MVB Bank scale anti-money laundering and know-your-customer checks without adding staff as fintech compliance workloads rise.

By Karen Joy Bacudo • 4 min read • This month