The Financial Conduct Authority (FCA) has brought significant criminal charges against John Dance, the former principal partner of WealthTek LLP (formerly Vertus Asset Management LLP).
The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection
Generative Artificial Intelligence (GenAI) is revolutionising many industries, but with this innovation comes significant risks. GenAI refers to a type of artificial intelligence that can
In today’s increasingly digital world, fraudsters continue to adapt and exploit vulnerabilities, with Authorised Push Payment (APP) scams posing one of the most significant threats
In a world increasingly driven by digital interactions, scams and fraud remain significant challenges, with fraud accounting for 39% of all reported crime in England
Those of you who were in the payments space pre-COVID, might remember my industry talks about ‘Why the World Needs Money Laundering’. The world has
In a significant step to address the rising issue of Authorised Push Payment (APP) fraud in the UK, GSMA and UK Finance have developed a
Fraud remains one of the biggest challenges facing the UK’s financial sector. The latest UK Finance Fraud Report for the first half of 2024 reveals
The Payment Systems Regulator (PSR) has set a crucial date of 7 October 2024 for implementing new protections against Authorised Push Payment (APP) scams, reaffirming
In a landmark case, the Financial Conduct Authority (FCA) has fined PricewaterhouseCoopers LLP (PwC) £15 million for not reporting suspected fraudulent activity involving London Capital