Financial Crime and Fraud Detection
Automated systems flag suspicious transactions, detect fraud patterns and support money laundering investigations across both banks and law enforcement. The rate of false positives, and the consequences for those wrongly flagged, are a persistent issue.
Latest coverage
Media forensics startup Cyberette has launched a deepfake detection platform for fraud, identity and investigative teams. The Amsterdam-based company rolled out the technology on…
The Whitehall tax department is looking for potential suppliers to provide new technology to tackle fraud. The systems would help government officials spot attempted fraud,…
SymphonyAI has launched an enterprise platform called Symphony Risk Intelligence. Built using native artificial intelligence agents, the system is designed to provide continuous…
The federal government identity platform Login.gov has begun accepting eligible mobile driving licences to verify people's identities remotely. The move brings cryptographically…
Major banks have warned that using artificial intelligence agents to shop online could increase the risk of fraud, scams, and data privacy breaches. Lenders including NatWest,…
Criminals impersonating police officers and government officials have stolen more than $1.6bn (£1.2bn) from victims since January 2025, according to the FBI. Fraudsters are using…
Government agencies should adopt artificial intelligence tools that analyse publicly available data to uncover financial crimes, according to an executive at technology firm IVIX.…
Surat Cyber Crime Police have arrested two men from Haryana for using a deepfake video of a member of parliament. Officers said the pair used the altered footage of MP Govindbhai…
F5 has updated its Distributed Cloud Bot Defense system with new device intelligence tools and specialised agentic artificial intelligence protections. The features bring…
The Tamil Nadu Police have launched an investigation into a fake video generated using artificial intelligence. The material falsely depicts Chief Minister Vijay. It was…
The TN Cyber Crime Cell has registered a case over an artificial intelligence deepfake video targeting the public. The video, which features Chief Minister C Vijay Joseph, has…
The Ninth Circuit Court of Appeals has backed a practical technical interpretation of the Computer Fraud and Abuse Act. The decision comes after Amazon sued Perplexity AI in an…
Artificial intelligence is making it far easier for criminals to set up phone scam operations using cheap, ready-made kits, cybersecurity researchers have warned. A team from…
Tangos AI has raised $20 million in seed funding to develop its autonomous artificial intelligence platform. The company provides technology to investigate financial crime. It…