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Money Laundering Stories - Page 3

UK Stories

Money Laundering stories

Banks lag on adverse media screening, Ripjar finds
Data Analytics

Banks lag on adverse media screening, Ripjar finds

Despite widespread agreement on its importance, most banks still use manual adverse media checks, leaving them exposed to crime and reputation risk.

By Sofiah Nichole Salivio • 4 min read • Tue, 2nd Jun 2026
UK fintech hiring to rise 14% in 2026 as neobanks slow
Risk & Compliance

UK fintech hiring to rise 14% in 2026 as neobanks slow

London will remain the main hiring hub, with fintech vacancies forecast to rise 14% in 2026 as firms prioritise compliance and infrastructure.

By Karen Joy Bacudo • 3 min read • Wed, 27th May 2026
Armalytix launches compliance bundles for home movers
Software-as-a-Service

Armalytix launches compliance bundles for home movers

Home movers could face fewer repeated requests as property firms seek to curb delays and duplication in anti-money laundering checks.

By Sean Mitchell • 3 min read • Tue, 26th May 2026
UK bank customers ready to quit over crime failures
Fintech

UK bank customers ready to quit over crime failures

Most UK bank customers would walk after anti-money laundering failures, as trust in account freezes and compliance delays now shapes provider choice.

By Karen Joy Bacudo • 4 min read • Sat, 23rd May 2026
Modulr taps Alloy for compliance hub as it expands
Fintech

Modulr taps Alloy for compliance hub as it expands

The UK fintech aims to speed customer checks in new markets while tightening controls on financial crime and fraud.

By Mark Tarre • 3 min read • Thu, 21st May 2026
Silks adds Credas ID checks to UK law firm compliance
Data Protection

Silks adds Credas ID checks to UK law firm compliance

Mid-market law firms can now cut onboarding delays as verified ID checks are fed straight into compliance records within Silks' platform.

By Sofiah Nichole Salivio • 4 min read • Tue, 19th May 2026

Global Stories

Money Laundering stories

Flagright raises USD $12.5m to expand AI compliance
Software-as-a-Service

Flagright raises USD $12.5m to expand AI compliance

The funding will help the London-based firm expand in the US as banks face rising fraud and money laundering risks, and heavier scrutiny.

By Sean Mitchell • 4 min read • Mon, 22nd Jun 2026
ThetaRay launches game to spot money mules in crowd
Gaming

ThetaRay launches game to spot money mules in crowd

Players must pick out a mule hidden in crowded scenes as banks face rising pressure to curb fraud and recruit awareness.

By Sofiah Nichole Salivio • 4 min read • Fri, 5th Jun 2026
SEON adds AI tools to fraud and AML platform for teams
Data Analytics

SEON adds AI tools to fraud and AML platform for teams

Fraud and AML teams can now plug external AI tools into SEON's data layer, helping analysts work from unified risk signals without manual exports.

By Sean Mitchell • 4 min read • Thu, 4th Jun 2026
Project Agorá advances into real-value payment testing
Fintech

Project Agorá advances into real-value payment testing

The next phase could ease delays and settlement risk in wholesale cross-border transfers as Project Agorá moves to real-value testing.

By Karen Joy Bacudo • 4 min read • Thu, 28th May 2026
Yaspa appoints Justin Fears as US Director of sales
Gaming

Yaspa appoints Justin Fears as US Director of sales

The appointment bolsters Yaspa's push into North American gaming, as it seeks to win more operators needing payment and compliance tools.

By Karen Joy Bacudo • 3 min read • Wed, 27th May 2026
Google flags KnowledgeDeliver flaw & Chinese phishing surge
Multi-factor authentication

Google flags KnowledgeDeliver flaw & Chinese phishing surge

A zero-day in a widely used Japanese learning platform let hackers plant malware, while Chinese phishing services are now bypassing one-time codes.

By Sofiah Nichole Salivio • 5 min read • Wed, 27th May 2026

Stories from Other Regions

Money Laundering stories

India banks warn of surging fraud losses & AI risk
Fintech

India banks warn of surging fraud losses & AI risk

Indian banks are bracing for higher losses as 84% of leaders report rising fraud and growing concern over AI-driven scams.

By Karen Joy Bacudo • 4 min read • Wed, 10th Jun 2026
Asia boards rank cyber attacks as top liability risk
Data Protection

Asia boards rank cyber attacks as top liability risk

Cyber resilience now sits at the centre of Asian boardroom risk planning, with 76% of directors citing data loss and attacks as key concerns.

By Sofiah Nichole Salivio • 4 min read • Fri, 5th Jun 2026
National Bank of Canada teams up with Sardine on fraud
Data Analytics

National Bank of Canada teams up with Sardine on fraud

The deal gives National Bank of Canada new fraud tools as lenders race to curb losses without adding friction for customers.

By Karen Joy Bacudo • 3 min read • Fri, 22nd May 2026
Fenergo launches digital fund subscriptions portal
Fintech

Fenergo launches digital fund subscriptions portal

Asset managers can now cut manual checks and duplicated data as onboarding, KYC and fund subscriptions move into one digital workflow.

By Mark Tarre • 3 min read • Thu, 14th May 2026
PEXA Clear signs compliance deals with property firms
Risk & Compliance

PEXA Clear signs compliance deals with property firms

Property firms face tighter anti-money laundering checks as PEXA Clear expands into home building, real estate and advisory businesses.

By Sofiah Nichole Salivio • 3 min read • Thu, 14th May 2026