How payments and risk management are evolving
With the digital upgrades and innovations in payments, crimes in the industry rode the digital wave as well. A study ...
Tag: financial crime
SG risk professionals expect financial crime to rise in 2023/2024
Source: 2023 Fraud and Financial Crime Report, Kroll Kroll's 2023 Fraud and Financial Crime Report found that that 62% of ...
Fraud detection and KYC to dominate anti-crime spending
A new study by Juniper Research forecasts that global software spending on financial crime prevention tools will exceed US$28.7 billion ...
Pandemic heightens financial crime operational challenges
Survey of global financial crime compliance professionals indicates an increase of more than $33 billion year-over-year or $214 billion
Tech can lower financial crime compliance cost by 20%
LexisNexis Risk solutions study reveals financial crime compliance costs across Asia-pacific region increased 20.6% year over year
PodChats for FutureCIO: IT’s role in mitigating the risks of financial crime
ConplyAdvantage's Jaede Tan believes that compliance can be turned into a revenue generator by integrating the correct compliance steps.
PodChats for FutureCIO: Financial crime from the perspective of the CIO
GBG's Dev Dhiman says financial crime has reached a point where fraud attacks have grown in sophistication, enabled by digitalization, ...
Singaporean banks hopeful AI can help in AML efforts
36% of SG banks currently experience significant struggles modifying their existing rules-based anti-money laundering (AML) compliance system, 73% hope AI ...
ZA Bank automates screening of banking transactions with Accuity
ZA Bank has implemented Acuity’s screening solution to improve customer experiences, and at the same time, meet domestic and international ...
Cyber criminals love data privacy
We live in a connected world where it is almost difficult to avoid using the Internet for personal or for ...
