Crime

I'm just on my way back from a banking conference in Copenhagen, and it surprised me. It surprised me because, as I said to the audience, the Nordic and especially Danish banks had always led innovations in Europe and yet I hadn't spotted a single major innovation in recent years. I had in Poland (Alior…

I'm just on my way back from a banking conference in Copenhagen, and it surprised me. It surprised me because, as I said to the audience, the Nordic and especially Danish banks had always led innovations in Europe and yet I hadn't spotted a single major innovation in recent years. I had in Poland (Alior…

Talking of interesting surveys, I received another one recently about money laundering. This survey was performed by Veris, who interviewed almost 300 senior Anti-Money Laundering (AML) and compliance executives across 46 countries. Interesting findings: 61% of survey respondents cite an increase in board involvement in monitoring anti money laundering (AML) activities 66% of survey respondents…

Talking of interesting surveys, I received another one recently about money laundering. This survey was performed by Veris, who interviewed almost 300 senior Anti-Money Laundering (AML) and compliance executives across 46 countries. Interesting findings: 61% of survey respondents cite an increase in board involvement in monitoring anti money laundering (AML) activities 66% of survey respondents…

There are many ways to defraud people. You only have to watch programs like Hustle and The Real Hustle to realise how simple it is. These scams all play on human greed, fear and emotion, and use social engineering to con folks out of their cash. A good example is this scam from The Real Hustle…

There are many ways to defraud people. You only have to watch programs like Hustle and The Real Hustle to realise how simple it is. These scams all play on human greed, fear and emotion, and use social engineering to con folks out of their cash. A good example is this scam from The Real Hustle…

Since the big headline fines of Standard Chartered and HSBC for money laundering last year, there have been a lot of things rumbling in the background. In particular, the backlash from such activity has been quite notable, with HSBC throwing money service providers off their payments network last November and Barclays doing the same more recently….