frame_main_header_title
  Home frame_main_breadcrumb_about frame_main_breadcrumb_contact    
 
28 MAY 2018
Keep up to date with developments in fraud and money laundering compliance, regulation and developments. Only £295 for a full year's access and six printed newsletters.

Subscribe now

  Main story  
     
 
Thursday, 24 May 2018

Bank chats with customers to stop fraud
Challenger enables two-way 'conversation’ feature on app Read more ...

 
     

Latest feature
     
 
Final agreement on Fifth AML Directive proposals

- Consensus on anti-money laundering amendments including prepaid cards and virtual currencies
- The major provisions affecting banks
- Patchy adoption of Fourth AML Directive across EU
- Timeline for adoption of AMLD5



Read more ...
 
     
 
Don't miss
     
   
     

 
 Latest news 
 
Month's news
 
   Most read  
 
    Features   
 
     
 
News - CybercrimeTuesday, 22 May 2018

The top 5 cyberattack threats to banks in 2018
Report identifies main ‘high tech wrecking balls’ Read more ...

News - ResearchMonday, 21 May 2018

Speed of bank digital transformation creates new risks
Vulnerabilities from digital outsourcing
Read more ...

article thumbnail News - Cards and PaymentsThursday, 17 May 2018

Bank fears over APP fraud reimbursement plans
New code for push payment scams due in September Read more ...

News - InvestigationsWednesday, 16 May 2018

19 arrested in Lithuanian AML crackdown
Gang had “strong links” with criminal groups abroad Read more ...

News - Company newsTuesday, 15 May 2018

Facebook becomes FIDO Alliance board member
Company joins efforts reliance on password Read more ...

News - Money launderingMonday, 14 May 2018

Singapore issues bank AML best practices
Advice highlights red flags in customer behaviour and transaction patterns Read more ...

News - InvestigationsFriday, 11 May 2018

Barclays boss fined for trying to identify whistleblower
First case brought under Senior Managers Regime Read more ...

News - Money launderingTuesday, 08 May 2018

Global approach is ‘only way’ to combat laundering
Secure sharing of information between stakeholders is vital
Read more ...

News - RegulationFriday, 04 May 2018

GDPR phishing warning
Emails pose as consent-seeking requests from major companies
Read more ...

News - Court casesTuesday, 01 May 2018

Former Autonomy executive convicted
Value of company was “inflated” prior to US$7.1bn acquisition Read more ...

News - Cybercrime
The top 5 cyberattack threats to banks in 2018
Maxine Wernick - Tuesday, 22 May 2018

News - Research
Speed of bank digital transformation creates new risks
Maxine Wernick - Monday, 21 May 2018

News - Cards and Payments
Bank fears over APP fraud reimbursement plans
Maxine Wernick - Thursday, 17 May 2018

News - Investigations
19 arrested in Lithuanian AML operation
Maxine Wernick - Wednesday, 16 May 2018

News - Company news
Facebook becomes FIDO Alliance board member
Maxine Wernick - Tuesday, 15 May 2018

News - Money laundering
Singapore issues bank AML best practices
Maxine Wernick - Monday, 14 May 2018

News - Investigations
Barclays boss fined for trying to identify whistleblower
Maxine Wernick - Friday, 11 May 2018

News - Money laundering
Global approach is ‘only way’ to combat laundering
Maxine Wernick - Tuesday, 08 May 2018

News - Regulation
GDPR phishing warning
Maxine Wernick - Friday, 04 May 2018

News - Court cases
Former Autonomy executive convicted
Maxine Wernick - Tuesday, 01 May 2018

News - Investigations
NY authorities launch crypto platform probe
Maxine Wernick - Friday, 20 April 2018

News - Money laundering
Nearly fifth of estate agents fined for AML breaches
Maxine Wernick - Wednesday, 18 April 2018

News - Regulation
37% of FS firms to miss GDPR deadline
Maxine Wernick - Wednesday, 25 April 2018

News - Court cases
Former Autonomy executive convicted
Maxine Wernick - Tuesday, 01 May 2018

News - Cards and Payments
Bank fears over APP fraud reimbursement plans
Maxine Wernick - Thursday, 17 May 2018

News - Research
Processors reveal top payment concerns of merchant clients
Maxine Wernick - Tuesday, 17 April 2018

News - Research
US$670m lost to crypto hacks and scams in 2018
Maxine Wernick - Thursday, 05 April 2018

News - Investigations
Gang used Bitcoin used to help launder over Eur8m
Maxine Wernick - Tuesday, 10 April 2018

News - Regulation
GDPR phishing warning
Maxine Wernick - Friday, 04 May 2018

News - Court cases
Microsoft engineer charged with ransomware attacks
Maxine Wernick - Monday, 16 April 2018

News - Cybercrime
Arrest after thousands of Polish ransomware attacks
Maxine Wernick - Monday, 09 April 2018

News - Regulation
Barclays agrees US$2m penalty
Maxine Wernick - Tuesday, 03 April 2018

News - Investigations
Regulator warns of widespread cryptocurrency investment frauds
Maxine Wernick - Friday, 13 April 2018

News - Money laundering
Global approach is ‘only way’ to combat laundering
Maxine Wernick - Tuesday, 08 May 2018

News - Regulation
South Africa overhauls regulatory system
Maxine Wernick - Wednesday, 04 April 2018

News - Cards and Payments
India cracks down on VCs and payments storage
Maxine Wernick - Friday, 06 April 2018

News - Investigations
SFO appoints interim director
Maxine Wernick - Wednesday, 11 April 2018

News - Investigations
Barclays boss fined for trying to identify whistleblower
Maxine Wernick - Friday, 11 May 2018

News - Investigations
19 arrested in Lithuanian AML operation
Maxine Wernick - Wednesday, 16 May 2018

News - Research
Speed of bank digital transformation creates new risks
Maxine Wernick - Monday, 21 May 2018

article thumbnail Features - Data securityThursday, 30 November 2017

Banks must change data policies post-Equifax
The Equifax data breach is in a class of its own. It compromised the personal data of 145 million people, equivalent to half the US population. The seriousness is exacerbated by the breadth of information stolen including names, Social Security numbers, birth dates, addresses, some driver’s licence numbers and 209,000 credit card numbers.

Why does Equifax hold so much data? Read more ...

article thumbnail Features - Data securityWednesday, 22 November 2017

Bank fraud & compliance teams face aftershocks from Equifax breach
The recent massive Equifax data breach is in a class of its own. In the new issue of Fraud Watch we ask industry experts about the repercussions for those of you working in fraud, compliance and AML. What new attacks and threats are your organisation likely to face, and what preventive actions must you take?
We are here to help you navigate this challenging environment.
Subscribe to Fraud Watch today Read more ...

Features - ComplianceWednesday, 15 November 2017

Articles in the latest printed edition of Fraud Watch

– Equifax: Fraud and AML professionals face aftershocks from massive hack
– Financial regulators under pressure. How can they preserve their independence?
– The latest Trojan cyber-threats
– Russian courts used to block foreign corruption allegations - analysis
– The six criminal types that drive money laundering

Read more ...

article thumbnail Features - RiskFriday, 21 July 2017

De-risking threat to financial integrity
FATF and G7 call for more balance to resolve contentious issue that threatens both inclusion and security of the financial system
Faced with increasing AML penalties and compliance costs in business areas such as remittances and charities, some banks have chosen to stop offering services to clients in these sectors. Read more ...

article thumbnail Features - ComplianceThursday, 30 March 2017

AML requirements: Are the stakes increasing?
Financial controls for AML continue to rise up the agenda for regulators on both sides of the Atlantic. Financial institutions in Europe must soon comply with the EU’s Fourth AML Directive, and new US regulations mean firms are increasingly required to put in place an ongoing review and improvement approach to AML monitoring.

Colin Bristow of SAS examines what the future holds for financial controls.
Read more ...

 
     
Do you have a fraud early warning system? SUBSCRIBE to keep informed of the latest card, financial fraud and money laundering issues.

Fraud links