With the proliferation of deepfake-driven and AI-generated attacks in the financial services sector, FinVolution has significantly invested in deepfake detection
With the digital upgrades and innovations in payments, crimes in the industry rode the digital wave as well. A study
Kroll’s 2023 Fraud and Financial Crime Report found that that 62% of Singapore-based executives and risk professionals worldwide expect financial
A new study by Juniper Research forecasts that global software spending on financial crime prevention tools will exceed US$28.7 billion
Survey of global financial crime compliance professionals indicates an increase of more than $33 billion year-over-year or $214 billion
LexisNexis Risk solutions study reveals financial crime compliance costs across Asia-pacific region increased 20.6% year over year
ConplyAdvantage’s Jaede Tan believes that compliance can be turned into a revenue generator by integrating the correct compliance steps.
GBG’s Dev Dhiman says financial crime has reached a point where fraud attacks have grown in sophistication, enabled by digitalization,
36% of SG banks currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system, 73% hope AI
ZA Bank has implemented Acuity’s screening solution to improve customer experiences, and at the same time, meet domestic and international
We live in a connected world where it is almost difficult to avoid using the Internet for personal or for
