Continuous KYC: How to know what is really going on at your suppliers & customers
by Jack Large
AMPLYFI’s deep search really digs the key detail
Fraud Prevention
Background
Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…
Read more
Corporates accelerating adoption of cyber defences
by Ben Poole
Firms fight back against pandemic-driven fraud increases with automation and accountability.
Cybersecurity solutions to stop the fraudsters
by Ben Poole
Mastercard is the latest to upgrade its cyber offerings for businesses.
On the 12th day of Christmas my true love gave me the key questions for 2021
by Jack Large
For the difficult and bumpy year 2021 is bound to be, the key questions are:
On the sixth day of Christmas my consultant told me how to:
by Jack Large
Improve my fraud prevention and minimise our cyber security breaches
Ten Spanish companies partner on digital identity project
by Ben Poole
Blockchain-based Project Dalion has completed its concept test, and the second phase of the project begins this month.
EBA makes AML and ESG moves
by Ben Poole
The European Banking Authority has issued guidance on the enforcement of AML rules and launched a consultation on ESG risks.
Mastercard deploys AI to tackle cyber security
by Ben Poole
Its Cyber Secure solution aims to advance a set of integrated cyber capabilities for banks and their businesses.
Cybersecurity and fraud detection in the COVID-19 age
by Ben Poole
A recent SWIFT webinar explored how technology and awareness can help defend against payment fraud.
Cybersecurity coming of age
by Ben Poole
PwC research finds 96% of executives have shifted their cybersecurity strategy due to COVID-19 and 40% are accelerating digitisation.
Banks stepping up to help protect corporates from fraud
by Ben Poole
Both JPMorgan Chase and NAB have recently announced moves to help protect businesses from fraud while managing their cash flow.
COVID-19 forces a historic surge in corporate tech investment
by Ben Poole
Companies spent around US$15bn extra a week on technology during the pandemic’s first wave, but the huge surge in IT spend isn’t sustainable.
SWIFT announces a strategy for instant, frictionless payments and securities processing
by Ben Poole
It aims to enable seamless transactions from one account to another anywhere in the world with end-to-end transparency and predictability.
Dutch banks take aim at money launderers
by Ben Poole
Transaction Monitoring Netherlands is a collaborative effort that aims to crack down on money laundering and terrorism financing.
BNY Mellon to deliver real-time account validation services to corporates and banks
by Ben Poole
The bank is adding to its digital services through a collaboration with Early Warning Services.
Cloud security remains challenged by complexity and shadow IT
by Ben Poole
New data from IBM pinpoints the top security risks for companies, with tips on how to improve cybersecurity.
Banks and police team up to fight financial crime in Sweden
by Ben Poole
The SAMLIT effort will be piloted this year, with the goal of launching in 2021.
Standing up to the cyber criminals
by Ben Poole
A public-private partnership and the use of biometrics provide examples of cyber security in action.
European Commission ramps up fight against money laundering and terrorist financing
by Ben Poole
Its six pillar Action Plan aims to ensure that EU rules are more harmonised and more effective.
Industry roundup: 4 May 2020
by Ben Poole
News in brief covering a spike in corporate ransomware payments, the new EU-Mexico trade agreement, and more.
Rise in cybercrime as fraudsters exploit COVID-19
by Ben Poole
Microsoft and Temenos are the latest to try and address the spike in financial crime.
COVID-19 cyber and ESG implications for corporates
by Ben Poole
The employee factor looms large for companies in the fallout from the pandemic crisis.
Tackling cyber threats through technology and education
by Ben Poole
IBM and Fernergo partnering on software solutions to financial crime, as Mastercard and Oxford University offer cyber skills programme.
Industry roundup: 15 April 2020
by Ben Poole
News in brief for Pega, IOSCO, EPA, Kyckr and Citi.