Trade-based money laundering is the process of disguising the proceeds of crime and moving value using trade transactions to legitimize their illicit origins

Poor awareness of authorised push payment fraud scams coupled with high customer expectations of banks’ abilities to deal effectively with fraud cases present a challenge

Leading global provider of payments and financial services technology solutions has used FICO's enhanced AI fraud capabilities to create new fraud mitigation service

Banks need to fight back with advanced analytics as COVID-19 helps fuel financial crime

Our most popular fraud and financial crime posts explored trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud

Sidhartha Dash of Chartis Research joins me for a video conversation on enterprise fraud management challenges, from technology convergence to explainability

If done properly, using AI and machine learning in fraud detection can clearly distinguish legitimate and fraudulent behaviors while adapting over time to new tactics

Another year of pandemic-related upheaval will bring new European fraud scams and financial crime challenges

I predict that fraudsters will be so dialed in to our mobile lifestyles they will ply their trade in more ways and places than ever — including space

Consumer expectations for digital account opening are rising - but our survey shows the demands vary across age groups and countries

FICO continues to be responsible for industry-changing innovations in AI, Financial Crime and Retail Credit Analytics.

Supply chain issues aren’t the only things that can ruin your holidays this year

Cobots are collaborative robots, and they're part of the way financial services fight fraud and financial crime

Three new success stories show how banks are using technology and best practices to fight AML in the pandemic

Data accessibility and collaboration are critical as banks seek technology convergence to fight fraud and financial crime