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US Banks Report Surge in Business Loan Fraud
(25 September 2020 – United States) Over the past four weeks, the United States’ (US) mainstream banks and credit unions have reported soaring levels of suspected business loan […]
(25 September 2020 – United States) Over the past four weeks, the United States’ (US) mainstream banks and credit unions have reported soaring levels of suspected business loan […]
(28 August 2020 – Europe) Counterfeit client documentation on an over-the-counter contract has caused Credit Suisse’s wealth management unit to lose $US11 million. This occurred two years after […]
(11 August 2020 – Global) With economists telling us that innovation and digital solutions could offset the more pronounced longer-term impact of COVID-19, much needed widespread adoption of […]
(22 July 2020 – Europe) Wirecard’s recent accounting fraud has provoked significant scepticism towards the Fintech industry as a whole, new research from East & Partners has found. […]
(09 July 2020 – Europe) ING, ABN and Rabobank have agreed to share transactional data to combat money laundering activity more effectively. Each year the Netherlands have been […]
(9 June 2020 – Asia) Investors across key markets in Asia are increasingly turning to international finance centres (IFCs) like the British Virgin Islands for the protection and […]
(8 June 2020 – Europe) Santander have signed agreements with financial technology company ThetaRay to manage the bank’s anti-money laundering (AML) operations for its correspondent banking operations. The […]
(2 April 2020 – Europe) The European Central Bank (ECB) has contacted all major banks and financial institutions in Europe warning them of them of the potential threats […]
(21 March 2020 – United Kingdom) Banks are among most highly targeted sectors for data breaches as new technology broadens the scope for cyber attacks according to a […]
(29 January 2020 – Global) Financial services firms have been hit with a total of $36 billion in fines since the financial crisis for non-compliance with anti-money laundering, […]