Starting a business in Europe and the UK
As compliance and risk specialists it is important to find the weakest link. Where are the opportunities to create assets that appear genuine but are not and where can firms…
The 101: Payments – Visa Token Service (VTS)
Transactions by exchanging tokens instead of card details is a fraud prevention dream. VTS solves much more than just this. Visa Token Service (VTS) is a technology designed to enhance…
The 101: Payments – FATF Travel Rule
One of the key regulations developed by the FATF to address these concerns is the “Travel Rule.” This rule mandates that financial institutions share certain information about the originators and…
Event Alert: The International Anti-Financial Crime Summit 2024 (IAFCS2024) will take place on October 9 in London
The International Anti-Financial Crime Summit 2024 (IAFCS2024) will take place on October 9 next in London. This unmissable conference takes place at the 10 Union Street convention centre, located in…
The 101: Everything Synthetic ID
Some of the most horrible crimes we have seen in our career was not Identify theft but synthetic ID. We saw a fraud vector that had the patience to raise…
The 2024 APP Fraud Report by the PSR
Just in case you were missing more acronyms – we got you covered. Account Push Payments (APP) are at the top of mind as the 7th October deadline looms when…
Risk and Compliance and AI: Striking a balance
We are seeing an explosion of companies speaking about replacing risk and compliance manual work done today by risk and compliance analysts and even 2nd line of Defence roles. Whilst…
Understanding Credit Risk
Let’s be clear here. Large accounts committing fraud is not Credit Risk – that is still just fraud. Credit Risk is truly related to the economic outcomes of having a…
Understanding Cryptocurrency Addresses: Key Parameters and Identification Techniques
Cryptocurrency addresses are unique identifiers used to send and receive transactions on blockchain networks. While these addresses may appear as a random string of alphanumeric characters, there are various parameters…
What are financial crime rule categories, and why is understanding them important?
Financial crime analytical systems have rules, rule types, and rule categories, so what are these? And when do you use one and not the other? Let’s learn about them. Rule…