Financial Crime/page/5 news and trends

DOJ Opens Inquiry Into Payments Firm Euro Exchange
AML // October 14, 2026

The U.S. Department of Justice (DOJ) is reportedly investigating the chain of companies surrounding payments firm Euro Exchange Securities. This probe comes after British authorities seized Euro Exchange in June for possible anti-money laundering (AML) violations, Bloomberg News reported Wednesday (Oct. 14). The DOJ is seeking information...

2 Years of SDNY FinCrime Cases Show New Technology Scaling Old Vulnerabilities
Fraud Prevention // October 09, 2026

Enterprise fraud and white-collar crime’s biggest shift over the past two years is less about the technology criminals use than the number of systems they can exploit. Across 24 months’ worth of cases prosecuted by the U.S. Attorney’s Office for the Southern District of New...

UK Shifts AML Focus to Disrupting Illicit, Tech-Enabled Networks
AML // September 16, 2026

The United Kingdom is preparing to spend 500 million pounds and hire hundreds of new financial crime specialists as it shifts its anti-money-laundering strategy from pursuing individual offenders toward disrupting the increasingly technology-enabled financial networks that allow illicit money to move. The U.K. government on...

DOJ Extradites Russian Web Developer in $15 Million Bank Account Takeover Scheme
Legal & Regulation // September 08, 2026

A Russian national who was allegedly involved in large-scale bank account takeover activity was arraignedFriday (Sept. 4) in the Northern District of Georgia after being extradited from the Republic of Georgia, the U.S. Justice Department said in a Monday (Sept. 8) press release. Sergei Anatolyevich...

Interviews & Exclusives
AI Forces Compliance Teams to Rethink Alert Strategy

June 25, 2026
Financial crime compliance programs are a game of alerts. Or at least they used to be in the pre-AI era, when compliance teams operated on a linear equation in which more transactions generated more alerts, and more alerts required more analysts. But financial services is firmly in its post-AI era now. The emergence of agentic […]

Chainalysis Puts AI on the Crypto Crime Beat

April 28, 2026
Watch more: The Digital Shift With Chainalysis’ Emmanuel Marot What happens when software stops assisting analysts and starts doing their jobs? In blockchain intelligence, that future may already be arriving....

Global Stablecoin Boom Draws Regulators Into the Fight Against Fraud

March 05, 2026
When stablecoin skeptics press the industry on what, exactly, are the benefits of the digital dollars, cross-border payments are typically one of the first answers. Companies from FinTech startups to...

Scammers Turn Christmas Into a Payments Stress Test

December 24, 2025
The holiday shopping period compresses weeks of spending into days, multiplies the number of online interactions, and makes consumers and companies vulnerable to fraudsters. That anxiety is not theoretical. PYMNTS...

Quick Reads
Electrum Wallet Bug Tricks Users Into Signing Over Payments

October 26, 2026
A flaw in bitcoin software wallet Electrum reportedly allowed cybercriminals to dupe users into signing over payments. As CoinDesk reported Monday (Oct. 26), Electrum revealed this vulnerability over the weekend, saying some servers had begun exploiting it. Developers had gotten two reports this month, including one from a user who lost money after approving what seemed to be a […]

DOJ Opens Inquiry Into Payments Firm Euro Exchange

October 14, 2026
The U.S. Department of Justice (DOJ) is reportedly investigating the chain of companies surrounding payments firm Euro Exchange Securities. This probe comes after British authorities seized Euro Exchange in June for...

DOJ Extradites Russian Web Developer in $15 Million Bank Account Takeover Scheme

September 08, 2026
A Russian national who was allegedly involved in large-scale bank account takeover activity was arraignedFriday (Sept. 4) in the Northern District of Georgia after being extradited from the Republic of...

Iran War Puts New Pressure on Banks to Police Transactions

September 06, 2026
American banks are reportedly facing increased pressure to halt financial activity tied to Iran. But as The Wall Street Journal (WSJ) reported Saturday (Sept. 5), uncovering those transactions can be...