News

AML, Finance, fraud, Homepage Featured News, Latest News
16th August 2021

Financial crime prevention 2021: Spending versus results

Preventing financial crime costs banks and other Financial Services companies an average of £374,000 a year. That’s according to a survey of 300 sector decision-makers by legal and business services consultants DWF.
Finance, Homepage Featured News, Latest News
11th August 2021

In-branch banking more popular than before Covid, finds ...

Every age group is going into banks more than it did before Covid, finds a new consumer survey. Chris Middleton reports on this and other findings that challenge banks and government policymakers.
AML, Finance, fraud, Homepage Featured News, Latest News
20th July 2021

Anti-money laundering moves intensify in the UK and ...

The Financial Conduct Authority (FCA) has written to the UK’s major retail banks to warn them that they must do more to prevent money laundering or face serious consequences.
Finance, Homepage Featured News, Latest News
14th July 2021

Police seize crypto millions in AML investigation

Chris Middleton explains why regulators and the law are starting to clamp down on the crypto and digital token world.
Finance, FinTech, Homepage Featured News, Latest News, RegTech
23rd June 2021

CMA warns Monzo and others of regulation breaches

The Competition and Markets Authority (CMA) has written to online bank Monzo, warning it over KYC breaches to the rules governing customers’ transaction histories.
AML, Finance, Homepage Featured News, Latest News
23rd June 2021

A.I. can both fight and enable financial ...

Artificial intelligence (AI) is playing a key role in the digital transformation of financial services. But while there are many benefits, there is also a risk of significant harm, according to a new report from AI and data science research ...