(source: complyadvantage.com)
FinTech company Jack Henry has introduced a new tool to help banks combat fraud. The firm’s Financial Crimes Defender, announced Monday (Oct. 16), is a cloud-native, real-time fraud...
Sam Bankman-Fried allegedly lied about many things over the course of his cryptocurrency exchange’s collapse. But when the since-indicted FTX co-founder first heard about the...
Jury selection has been completed in the criminal fraud trial of Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange. The trial, which began Tuesday (Oct....
The greatest innovations are those that democratize access to new skills and empower populations. Generative artificial intelligence (AI) promises to be one of those innovations....
Jurors in FTX founder Sam Bankman-Fried’s trial may not be familiar with cryptocurrencies. And as The Wall Street Journal (WSJ) reported Tuesday (Oct. 3), that lack of knowledge...
WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts. The new artificial intelligence (AI)...
The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of...
The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime. Against that backdrop, financial institutions (FIs)...
Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately...