Financial Crime

Join our industry experts as they discuss how firms can best navigate multiple international payment rails and stay on top of emerging legislation and guidance.

Despite strict regulations and heightened due diligence, online gambling remains a lucrative avenue for illicit actors seeking to launder money. In fact, gambling emerged as one of the top three sectors that incurred the highest amount of anti-money laundering (AML) […]

In our annual global compliance survey, 60 percent of firms said the number of payment fraud cases had remained the same over the past 12 months. However, this reported continuity reflects fraud rates remaining at historically high levels, with global […]

Join our Regulatory Affairs team as they unpack the results of our global survey on what senior financial crime decision-makers believe will shape 2024.

From managing PEPs to regulating AI, the State of Financial Crime 2024 is packed with insights from our annual survey of 600 senior financial crime decision makers.

2023 saw financial crime risk professionals contend with increasing geopolitical turmoil, economic volatility, and rapidly changing criminal behavior. In 2024, with more than 40 national elections, a growing focus on terrorist financing, and continued technological development, these issues – and […]

Learn how you can uncover hidden risks and protect your organization from financial crime. Schedule a meeting and visit booth 434.

Firms typically focus on improving their fraud prevention and detection measures to mitigate risk and reduce financial losses. But what is fraud prevention, and how does it differ from fraud detection? Are the two functions completely separate? Most importantly, what […]

In conjunction with Internal Revenue Service Criminal Investigation (IRS CI), the US Financial Crimes Enforcement Network (FinCEN) has released a notice asking financial institutions to report signs of workers’ compensation fraud and payroll tax evasion in the construction industry. The […]

The UK’s Payment Systems Regulator (PSR) is conducting two consultations exploring when and how its authorized push payment (APP) requirements will apply when they come into force in 2024.  According to Chris Hemsley, Managing Director at the PSR, “The two […]

Authorities in Singapore have made ten arrests, seizing illegal assets worth over S$900 million in simultaneous raids nationwide. The raids were the culmination of a forgery and money laundering (ML) investigation facilitated by the Monetary Authority of Singapore (MAS) and […]