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Anti-money laundering (AML) Stories - Page 13

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Anti-money laundering (AML) stories

The missing link in eIDV: Why data quality drives fraud prevention
Surveillance

The missing link in eIDV: Why data quality drives fraud prevention

Banks risk missing fraudulent identities unless eIDV checks are paired with verified address data and stronger data quality controls.

By Bud Walker • 4 min read • Thu, 23rd Apr 2026
When identity becomes the payment rail
Data Protection

When identity becomes the payment rail

Banks face a costly overhaul as EU rules will soon make digital identity wallets mandatory for strong customer authentication, reshaping onboarding and fraud checks.

By Martin Zeisel • 3 min read • Wed, 22nd Apr 2026
spektr raises USD $20 million to expand AI compliance
Digital Transformation

spektr raises USD $20 million to expand AI compliance

The new capital will help spektr cut manual compliance checks for banks and fintechs as it pushes its AI platform into more markets.

By Karen Joy Bacudo • 3 min read • Fri, 17th Apr 2026
Banks test stablecoins for faster cross-border payments
Crypto

Banks test stablecoins for faster cross-border payments

Clearer rules and lower fees are pushing banks and corporates to trial stablecoins for cross-border transfers and treasury management.

By Karen Joy Bacudo • 4 min read • Thu, 16th Apr 2026
Wise plans Nasdaq move as balances hit GBP £29.4bn
Fintech

Wise plans Nasdaq move as balances hit GBP £29.4bn

Higher balances and faster transfers are helping Wise deepen its cross-border network as it prepares a Nasdaq primary listing in 2026.

By Karen Joy Bacudo • 4 min read • Tue, 14th Apr 2026
Oracle adds Lucinity AI investigation tools for banks
Digital Transformation

Oracle adds Lucinity AI investigation tools for banks

Banks using Oracle’s compliance software will get AI-led case handling, as the deal aims to cut manual work in money-laundering probes.

By Karen Joy Bacudo • 3 min read • Tue, 14th Apr 2026

Stories from Other Regions

Anti-money laundering (AML) stories

CommBank deploys AI to spot emerging fraud patterns
Data Protection

CommBank deploys AI to spot emerging fraud patterns

The bank’s defences may move faster as the system is meant to spot new scam patterns and turn them into blocking rules more quickly.

By Karen Joy Bacudo • 3 min read • Fri, 24th Apr 2026
KYC for online gambling & gaming in Australia: A compliance guide
Gaming

KYC for online gambling & gaming in Australia: A compliance guide

Tighter identity checks are now crucial as Australian gambling operators face higher money-laundering risks and multimillion-dollar penalties.

By Edmund Ng • 6 min read • Fri, 24th Apr 2026
SEON eyes doubling Indonesia revenue as fraud risk rises
Digital Transformation

SEON eyes doubling Indonesia revenue as fraud risk rises

Rising scam losses and tighter oversight are fuelling demand for SEON’s fraud tools, with Indonesia set to be a key growth market.

By Catherine Knowles • 3 min read • Thu, 23rd Apr 2026
Standard Chartered & A*STAR launch S$15 million AI lab
Data Analytics

Standard Chartered & A*STAR launch S$15 million AI lab

The three-year tie-up aims to speed up fraud detection and portfolio analysis, as banks race to turn AI research into daily operations.

By Karen Joy Bacudo • 4 min read • Wed, 22nd Apr 2026
Entrust launches Australia-ready identity checks for AML
Biometrics

Entrust launches Australia-ready identity checks for AML

Australia's widened AML rules are pushing real estate, law and accounting firms to tighten onboarding checks before the reforms bite.

By Sean Mitchell • 3 min read • Tue, 21st Apr 2026
NICE Actimize sets AI-heavy agenda for ENGAGE 2026
Data Analytics

NICE Actimize sets AI-heavy agenda for ENGAGE 2026

Banks are under pressure to curb faster-moving scams and deepfake fraud as NICE Actimize's conference puts AI at the centre of controls.

By Sean Mitchell • 4 min read • Fri, 17th Apr 2026
Ataccama adds AI Act audit evidence tools for banks
DevOps

Ataccama adds AI Act audit evidence tools for banks

Banks face tighter proof demands under the EU AI Act as Ataccama adds pipeline checks to log data quality at the point of use.

By Karen Joy Bacudo • 5 min read • Wed, 15th Apr 2026
Kijiji adds Interac identity checks to boost trust
Data Protection

Kijiji adds Interac identity checks to boost trust

Fraud fears in Canada’s online classifieds may ease as buyers and sellers on Kijiji can now verify their identities before trading.

By Sofiah Nichole Salivio • 3 min read • Wed, 15th Apr 2026
A 7-step enterprise fraud framework to redefine scam prevention
Customer Experience

A 7-step enterprise fraud framework to redefine scam prevention

Scam losses may top USD $1 trillion a year, forcing banks to use real-time intelligence and customer data to curb authorised push payments.

By Vineet Saxena • 4 min read • Mon, 13th Apr 2026
AUSTRAC flags foreign banks over weak money laundering
Email Security

AUSTRAC flags foreign banks over weak money laundering

Criminals could move proceeds abroad undetected unless foreign-owned lenders lift weak reporting and controls, AUSTRAC has warned.

By Karen Joy Bacudo • 4 min read • Mon, 13th Apr 2026
EX.IO & Payment Asia explore Hong Kong stablecoins
Crypto

EX.IO & Payment Asia explore Hong Kong stablecoins

Hong Kong merchants may soon gain stablecoin payment and settlement options as the two firms test licensed digital assets under the new regime.

By Karen Joy Bacudo • 4 min read • Mon, 13th Apr 2026
Australian accountants face AML reform readiness gap
Identity and Access Management

Australian accountants face AML reform readiness gap

Only 6% of accountants feel ready for July’s anti-money laundering rules, leaving small firms exposed to penalties and heavier compliance duties.

By Shannon Williams • 4 min read • Fri, 10th Apr 2026