(source: en.wikipedia.org)
FinTech startup AutoSettle launched a platform to improve the vehicle-buying process in Australia. The platform is the world’s first virtual settlement exchange for cars and offers instant and...
In financial services, technological advances open new doors and new avenues for fraud. Financial crime is a Hydra-headed monster, constantly finding new ways to breach...
In an increasingly interconnected world, the proliferation of connected devices has become ubiquitous, reshaping the way people live, work and interact with technology. From wearable gadgets to...
A banking glitch in Ethiopia reportedly let customers withdraw unlimited funds. Now, state-owned Commercial Bank of Ethiopia (CBE) is trying to recover the $40-plus million that was withdrawn or...
A top federal prosecutor is reportedly targeting startups that defraud investors ahead of going public. Ismail Ramsey, U.S. attorney for the Northern District of California,...
For financial institutions and stakeholders, the twin threats of business email compromise (BEC) and credit-push fraud demand more monitoring — and advanced technologies to do...
As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft...
The Department of Homeland Security has become the first federal agency to embrace artificial intelligence (AI). The DHS on Monday (March 18) unveiled a “roadmap” for...
While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are...