fraud-prevention
TechnologyAI in financial crime: New scams and how to protect yourself
Australia regulator alleges westpac mortgage unit used false documents
HeadlinesRomanian pleads guilty to 'swatting' US lawmakers and top officials
HeadlinesUK aircraft parts company director charged with fraudulent trading
Bulgarians convicted in UK of being Russian spies working for wirecard fugitive
Date: March 7, 2025
LONDON (Reuters) - Three Bulgarians were found guilty in a London court on Friday of being part of a Russian spy unit run by Wirecard fugitive Jan Marsalek to carry out surveillance for the Kremlin on...
Google steps up fight against fake reviews after UK probe
Date: January 25, 2025
By Muvija M LONDON (Reuters) - Google will do more to tackle fake reviews, including sanctioning UK businesses and people involved in manipulating star ratings, Britain's competition regulator said on...
Fraud and cybersecurity in banking: Analyzing trends, breach statistics, and preventative strategies
Date: January 9, 2025
In 2025, banks will face an escalating array of cyber threats, notably amplified by AI-enhanced malicious activities. Analysts predict that cybercriminals will increasingly deploy AI to automate attacks and enhance phishing techniques, making them more convincing and harder to detect....
Financial services outsourcing Philippines: Cynergy BPO—Fraud, risk, and compliance management solutions
Date: October 7, 2024
In the financial services sector, where precision, security, and regulatory adherence are paramount, organizations face increasing challenges to protect themselves from fraud, manage risk, and comply with ever-evolving regulatory frameworks. As the financial landscape becomes more complex, institutions are turning to outsourcing as a strategic approach to maintain operational integrity while ensuring cost efficiency. Leading...
A TikTok trend or the cause of financial fear? How the financial industry can navigate the threat of deepfake fraud
Date: October 4, 2024
By Steve Bradford, Senior Vice President EMEA at SailPoint In 2021, a wave of deepfake videos started to emerge across the internet and social media. From humorous TikTok videos of Tom Cruise, to unsettling speeches from Morgan Freeman explaining synthetic reality, AI-driven deepfakes started to capture the attention of many internet users. Over the past year,...
Forex: How to avoid losing money and increase capital
Date: September 17, 2024
The international currency trading market, or Forex, generates $4 trillion in turnover each day. These impressive figures undoubtedly place Forex first among global financial markets. It is popular among both beginners who are just learning the fundamentals of trading and professionals. The Forex market is simple to trade because it operates 24 hours a day....