21 Sep 17 @ 10:31

Leading defence and security organisation, BAE Systems has set out six criminal types responsible for money laundering around the world, to help global businesses understand the motivations and modus operandi... read more

04 Jul 17 @ 09:37

From today, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. UK Finance will represent over 300 firms in the... read more

16 May 17 @ 10:29

When transaction volume goes up, banks and other financial institutions have turned to machine learning and AI to help streamline services. In the UK alone, over 72,000 payments are made by... read more

27 Mar 17 @ 12:24

With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and FinTechs for... read more

28 Nov 16 @ 16:52

In a very good blog, originally posted on Withoutfire.com, John Elliott, a payments / privacy / cyber security / risk specialist has some very interesting views and theories on the Tesco... read more

06 Jul 16 @ 16:08

In an interesting report, Cifas has released new figures showing a 52% rise in young identity fraud victims in the UK. In 2015, just under 24,000 (23,959) people aged 30... read more

08 Apr 15 @ 15:37

Tech giant Microsoft is planning a move into host card emulation (HCE) mobile payments by preparing for the regulatory approvals needed for the launch of such a service. Microsoft unveiled... read more

14 Jan 15 @ 10:11

FICO has acquired TONBELLER, a provider of financial crime and compliance solutions based in Bensheim, Germany. The transaction has closed. Although terms have not been disclosed, the transaction is not... read more

15 Jul 14 @ 13:08

Europe’s Banking Authority has warned its financial institutions to avoid dealing in Bitcoins and other virtual currencies until a forthcoming regulatory regime has been established. It also laid out various elements that... read more

24 Jun 14 @ 16:03

Canada has implemented what is the first official national law on Bitcoin use. Its signing was quiet, notes Christine Duhaime, B.A., J.D., Financial Crime and Certified Anti-Money Laundering Specialist of Duhaime Law.... read more

16 Apr 14 @ 09:19

The founder of MtGox has refused a US court’s demand that he testify this week about the collapse of what was the world’s biggest Bitcoin exchange. Mark Karpeles had been asked... read more

14 Apr 14 @ 09:47

As the rise and fall of virtual currencies continue, the US Attorney General has raised the prospect of applying money-laundering and know-your-customer controls to virtual currency transactions as a means... read more

06 Mar 14 @ 15:15

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he... read more

20 Jan 14 @ 11:48

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of... read more

20 Mar 13 @ 00:00

FinCEN, the Financial Crimes Network of the US Treasury, has turned its attention to virtual currencies after releasing a new guidance note on the management and usage of virtual currencies like Bitcoin, Facebook... read more

25 Jan 13 @ 00:00

FICO announced that Santander has received a 2012 Banking Technology Award for Best Security Initiative for its SIM swapping solution, developed with Adeptra and rolled out in Santander’s UK operations. FICO... read more