Tag: Financial Crime & Fraud
SEC brings the hatchet down on Wall Street’s bad recordkeeping with $289m in fines
The US Securities and Exchange Commission (SEC) has fined 11 Wall Street firms a total of $289 million for widespread "off-channel" communications using personal...
FCA warns consumers against loan fee fraudsters amid rising summer borrowing
The Financial Conduct Authority (FCA) is combatting loan fee fraud in the UK as summer sees a peak in consumer borrowing. FCA launches a...
European Commission brings in Moody’s Analytics to help fight fraud
The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...
Trustmi aims to stamp out B2B payment fraud with global launch
Cybersecurity fintech start-up Trustmi launches globally with a comprehensive payment security solution aimed at combating B2B payment fraud and leveraging crowd-sourced data to protect...
Wirecard fugitive Jan Marsalek resurfaces with a message for the courts
Former Wirecard COO Jan Marsalek resurfaces after three years in hiding and issues a statement to the Munich Regional Court through his lawyer amid...
Banco Santander, BBVA and CaixaBank team up to tackle fraud with FrauDfense
Three Spanish banking giants, Banco Santander, BBVA, and CaixaBank, have united to combat financial fraud by establishing FrauDfense, a joint venture focused on sharing...