MIAMI, June 7 (Korea Bizwire) — South Korea’s fight against money laundering will soon be bolstered by new recruits from the public and private sectors after lawmakers, academics, and other stakeholders gather at the National Assembly on June 8th for a seminar on the evolution of the nation’s anti-financial crime (AFC) regime. Hosted by the Korea [...]
SAN MATEO, Calif. and LISBON, Portugal, April 5 (Korea Bizwire) – Feedzai, the world’s first RiskOps platform for financial risk management, has released its quarterly Financial Crime Report, The RiskOps Age, based on an analysis of over 18 billion global banking transactions throughout 2021. The report identifies trends in consumer spending and fraud attacks and compares transactional [...]
SAN MATEO, Calif. and LISBON, Portugal , Oct. 7 (Korea Bizwire) – Feedzai, the world’s leading cloud-based financial crime management platform, has released its most recent Quarterly Financial Crime Report. The report analyzes financial crime and consumer spending trends from more than 1.5 billion global transactions from April to July this year. According to the analysis, six [...]
Hong Kong / Singapore, April 20 (Korea Bizwire) — As part of its ongoing effort to help compliance professionals meet evolving regulatory expectations in the Asia Pacific region, ACAMS will present a one-of-a-kind training and networking event for its 12th Annual AML & Anti-Financial Crime Conference – APAC. Beginning on April 26th, attendees at this two-day, fully [...]
650% increase in Account Take Over scams from Q4 2020 as compared to Q1 2020 250% increase in online banking fraud attacks 178% fraud rate increase for digital media 70% of all fraud is driven by card not present (CNP) transactions 48% drop in card present (CP) fraud attacks, though transaction volume only drops 20% SAN [...]
SAN MATEO, Calif., Nov. 18 (Korea Bizwire) – Feedzai announced today its new fully packaged Feedzai Solutions that can assess risk for single and cross-channel transactions in real-time. With the configuration of machine learning models taking just days instead of months, and a comprehensive library of out-of-the-box scenarios, the new offering presents itself as an agile, easy to deploy, [...]
NEW YORK, June 4 (Korea Bizwire) – Nasdaq (Nasdaq: NDAQ) announced today that its investment arm, Nasdaq Ventures, has taken a minority stake in the UK-based financial crime investigation automation company Caspian. In addition, Nasdaq’s Market Technology business has forged a partnership with Caspian to support the growth of the business within the Financial Crime business verticals. With this additional [...]