The 101: Fraud – Card Testing
Card testing is a old one but good one. Card testing has a long history and serves mainly two purposes for fraudsters: 1: Understanding if the card has been deactivated…
How Bad actors use NGOs and charity institutions to fund their activity and tips to prevent it
Defining Terrorism The US Federal Bureau of Investigation (FBI) defines terrorism as using violence and intimidation to pursue political, social, or ideological goals. People often associate terrorism with violent acts,…
Unusual Activity Detected in a Customer Account: What to Do Next?
An Investigation into a customer’s account has identified that your customer has been involved in suspicious activity. So what do you do next? Do you exit the customer immediately, raise…
Developing the mindset of an investigator? The traits to be developed to become a good financial crime investigator.
So you are planning to become a fin-crime Investigator or take your fin-crime investigations ability to the next level. Here are a few suggestions which I believe will take you…
Red Flags of ICOs: What to Watch Out for When You Invest in an ICO
Understanding ICOs An ICO is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for capital. Think of it as a crowdfunding campaign, but instead…
Customer Due Diligence (CDD) in Money Laundering Prevention: Performing CDD and steps taken to Investigate a customer
First defining a customer to a business / organization and why to Investigate them? A customer refers to any individual or an entity engaged in a relationship with a business…
2024 UK Fraud Report by UK Finance
The latest Fraud report, sponsored by Feedzai, shows that £1.17 billion was lost to fraud in 2023. The report outlines the changing profile of these losses and the continuing efforts…