Nasdaq examines the state of financial crime and its profound human impact on the global financial system. This report brings together expert research and data, industry perspectives, and the ...

Monzo fined over £21m after financial crime controls ‘fell far short’ - The FCA said Monzo’s financial crime systems and ...

Financial crime is evolving at a pace that regulators and compliance teams are struggling to match. While most financial institutions have invested heavily in fraud prevention, a new and insidious ...

In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

Trade-based financial crime involves legitimate business transactions, making it more difficult to detect and report, and requires a high level of expertise to understand the nuances.

In the past few years, cases of financial fraud have also spiked, partly fueled by the dark web, where criminals are able to interact and share techniques and targets of their next victims. According ...

The agency found $21.1 billion in fraud tied to tax and financial crimes from 2022 to 2024, seized $8.2 billion in assets tied to criminal activity in the same period, and recouped $1.4 billion in ...

Bank of Bahrain and Kuwait Leads the Fight Against Financial Crime with SymphonyAI's Best-in-Class AI-Based Anti-Money Laundering and Customer Due Diligence SaaS Products ...

FinextraTV, Julia Thorn, Senior Marketing Manager, Financial Crime Compliance, LexisNexis® Risk Solutions and Robert Campbell, Programme Director of United for Wildlife, The Royal Foundation of ...

Consumers and investors face a perilous environment as the administration rolls back regulations, guts enforcement and pulls back from prosecuting financial crimes. IE 11 is not supported.

WASHINGTON (AP) — As the nature of financial crime changes, with technology and AI increasingly used to perpetrate illegal acts, the IRS' crime fighting arm —IRS Criminal Investigation— is ...