31 May 24 @ 13:41

Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in a new report, AI-focused fraud and financial crime, say criminals are more adept at using... read more

30 Jan 14 @ 00:43

According to a survey from BAE Systems Detica, spend on financial crime counter measures remains a priority for businesses globally. The ‘Financial Crime Survey 2013’ reveals that investment by many... read more

13 Oct 25 @ 13:42

Financial fraud has always been a moving target. From cheque fraud to phishing, criminals consistently adapt their methods to exploit weaknesses in the financial system. Yet in 2025, the contest... read more

13 Oct 25 @ 12:36

Zelle has entered 2025 with unprecedented momentum, reporting 2 billion transactions and nearly $600 billion in payments during H1 2025. The network, operated by Early Warning Services, recorded double-digit growth... read more

14 May 25 @ 10:46

A new global fraud report from Revolut has cast a stark spotlight on the persistent role of social media platforms – particularly those owned by Meta – as enablers of... read more

02 May 24 @ 10:16

Current approaches have kept fraud at bay: but serious new threats in the digital channel plus digital growing as a proportion of the economy means we need a rethink. James... read more

06 Jun 23 @ 13:06

As cross-border payment volumes grow and technology becomes more sophisticated, we look at high-risk and lower-volume markets to find out what’s happening. Is now the time for major international players... read more

05 Apr 23 @ 09:49

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

16 Feb 23 @ 16:21

We may be in the middle of a crypto winter, and digital assets might have lost two-thirds of their value. But that’s not stopping regulators preparing for a future crypto... read more

16 Feb 23 @ 16:13

New research shows 43 percent of financial services organisations expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months, as scammers target... read more

17 Feb 22 @ 14:25

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster security for banks in the cloud. Data storage is a systemic vulnerability just like... read more

27 Oct 21 @ 12:07

Traditional approaches to cyber-security in payments aren’t working – and the recent huge rise in hacks and fraud proves it. James Wood says it’s time for a radical shift in... read more

27 Oct 21 @ 11:43

The global Financial Action Task Force (FATF) updated its guidance on how to manage anti-money laundering (AML) measures in cryptocurrency payments fully two years ago – yet recent evidence suggests... read more

24 Aug 21 @ 09:03

There are now some 479 electronic money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format... read more

01 Apr 21 @ 13:52

Rapid growth in card issuance and usage, a fast-expanding POS network and growing economies. Eurasia holds exciting opportunities for all kinds of payments players – so why aren’t more international... read more

01 Apr 21 @ 13:49

Cryptocurrencies are going mainstream, despite continued talk of a bubble and crypto’s reputation as the province of libertarians, geeks and criminals. James Wood dons a fake hipster beard to find... read more

18 Feb 21 @ 10:21

Capital One has picked up a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in “wilful and negligent violations of the Bank Secrecy Act (BSA) and... read more

23 Dec 20 @ 12:07

From acquiring to fraud, the role of big tech, mobile wallets and faster payments – PCM’s James Wood asks industry leaders to play Gypsy Rosie Lee and read what’s on... read more

23 Dec 20 @ 11:57

As consumers demand faster, smoother digital transactions and fraud rockets, the hunt for a workable online Know Your Customer (KYC) solution is top of the industry’s agenda. James Wood looks... read more

19 Oct 20 @ 03:39

The first half of 2020 saw fines for money laundering almost double compared to 2019. So are much-hyped Artificial Intelligence and Machine Learning techniques catching more crime – and can... read more