Wealthtech Pictet picks NetGuardians for fraud fight
Swiss wealth and asset manager seeks better protection.
Financial Crime & Fraud
German financial regulator stops shorting of Wirecard shares
Follows on from accounting investigation in Singapore.
First crypto clipper malware found on Google Play
The clipper impersonates a legitimate service called MetaMask.
Death not the end for QuadrigaCX crypto drama
Only one man had the password to access funds. He’s dead.
Wirecard reveals investigation into accounting allegations
The firm had previously called reports “inaccurate, misleading and defamatory”.
UK regulator urges vigilance over investment scams
Last year was a shocker. Action Fraud reveals over £197 million of reported losses.
Reserve Bank of India fines three banks for compliance fails
Axis, UCO and Syndicate Bank found to be at fault.
Swift supports Bangladesh Bank network rebuild after 2016 cyberattack
They seem to have got over their quarrel about who was to blame.
Is 2019 the year Open Banking comes to life?
What providers can do to ensure its success.
UK’s Metro Bank hit by SS7 attack
Known telecommunications vulnerability exploited to target bank accounts.
Infographic: the year of the crypto crash – 2018
Cryptocurrency prices went from all-time highs to catastrophic lows.
Portuguese Banco CTT gets AML tech from Fiserv
One of the nation’s newest banks will use AML Risk Manager.
New York regulator fines Standard Chartered $40m for forex rigging
Old gits, a den of thieves and the usual suspects.
Singapore regulator warns of national cryptocurrency scam
Websites falsely claim that Singapore is adopting a cryptocurrency as its official coin.
Feedzai and DataRobot team up to tackle financial crime
“This is how we are democratising AI for our customers.”
Anti-financial crime firm Mimiro raises $30m
Mimiro’s machine learning platform analyses the risk of financial crime.
Interview: Emre Sayin, FCase – from silos to symphony
Emre Sayin, founder and chairman of FCase, talks about data orchestration and fighting fraud.
Anti-fraud firm Featurespace gets £25m funding
To develop its AI capabilities.
South Korean crypto exchanges unleash AML initiative
Bithumb, Coinone, Korbit, and Upbit wake up to the threats.
BioCatch joins anti-vishing fight
WTF is vishing? It’s a type of authorised push payment (APP) fraud.
Case study: Isbank and FCase – fraud orchestration overhaul
Isbank, Turkey’s largest bank, drastically reduced fraud and future-proofed fraud operations with FCase.
Dutch regulators call for crypto licensing system
AFM and De Nederlandsche Bank have regularly warned against cryptos and ICOs.
Cyberattack waves wash over West African banks
Problems in Ivory Coast, Cameroon, Congo (DR), Ghana, and Equatorial Guinea.
The challenge of fraud operations management
A centralised approach to fraud operations management has become essential.
Goldman Sachs leads $8m funding in cyber firm Immersive Labs
Aims to boost its enterprise IT and cybersecurity teams.
Banks onboard for UK economic crime taskforce
The Economic Crime Strategic Board is unveiled.
Maltese celebrities deny involvement in crypto scam
Police and regulators are investigating the firm Bitcoin Revolution.
Featurespace fuels Everis’ payments fraud fight
Business consultancy selects ARIC platform.
Video: Fraud Orchestration with FCase
How to take fraud management systems from basic standalone detection to a more enterprise-focused approach.
TSB and Metropolitan Police go fraudster hunting
Criminals (possibly) cower in terror as dynamic duo come out fighting.
Fintech firm WB21 caught in storm of allegations
The evidence keeps piling up and the firm stays silent.
Europe bets on bug bounties in fraud fight
Programme will run in part via platform provided by ethical hacker HackerOne.
Top ten Bitcoin stories in 2018
Bitcoin enjoyed another lively year. Catch up on the hottest stories.
Cybercriminal underground dangerously sound
McAfee Labs sees 20% increase in data breaches in financial sector.
Estonia arrests ex-Danske staff over money laundering case
Ten former employees feel the heat in Tallinn.
Understand your cyber risk
To manage your cyber risk, you must understand it.
Ethoca and Cartes Bancaires alert to fighting fraud
CB Alerts portal helps online merchants collaborate with card-issuing banks.
Visa brandishes Shieldpay for safe P2P payments
Getting clever for cards on peer-to-peer marketplaces.
Malaysia files criminal charges against Goldman Sachs over 1MDB misuse
Bank denies wrongdoing – charges due to misappropriation of $2.7 billion from bonds.
AriseBank execs fined $2.5m over ICO scam
US Securities and Exchange Commission lays down the law yet again.
