Financial fraud surge forcing ATO and AML strategy rethink
Fraud is consuming business resources at an unprecedented pace, according to TransUnion’s newly released H2 2025 Update to the Top…
financial crime
Biometric Update regularly releases news related to the term "financial crime." The following list of links is available to help you find biometrics news concerning "financial crime" and other relevant terms. More tags may be perused by reviewing our complete Biometrics Topics list.
Growing AML sector spearheaded by Oracle, Experian, LexisNexis: Juniper
The anti-money laundering (AML) systems market is set to be worth 75 billion dollars by 2030, partly driven by lax…
BioCatch highlights rise of bots and money mules in new report
The use of bots to fraudulently open a bank account has risen three times in the first half of 2025…
Nigeria arrests suspects involved in digital ID theft for financial fraud
Nigeria’s anti-graft body, the Economic and Financial Crimes Commission (EFCC), has raised the alarm on an ongoing criminal activity in…
Impersonation scams surge as AI fuels identity theft
Impersonation scams and AI-driven fraud are redefining the threat landscape of identity theft in the United States, according to the…
UK Companies House identity verification requirement nears
Money laundering won’t go away. In fact, the problem is growing. Strict anti money laundering (AML) regulations can help, but…
Growing identity fraud challenges put higher education at risk
By Chris Borkenhagen, CISO & Chief Digital Officer at AuthenticID As higher education institutions continue to expand their digital services,…
Deepfake legislation up against constant evolution of generative AI
“Deepfake detection in generative AI: A legal framework proposal to protect human rights” is a newly published research paper by…
Continued innovation needed to effectively address sophisticated financial fraud
A Dark Economy Survey carried out by behavioral biometrics firm BioCatch has highlighted the disturbing trend of how AI is…
Europol IOCTA cybercrime report reveals growing use of AI models and data theft
Europol has released its analysis of the cybercrime landscape, focusing on how it has evolved over the past 12 months….
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