Instant payments are reshaping the way money moves. As cash usage declines, consumers and businesses increasingly expect payments to be settled immediately, available 24/7, and delivered at little or no cost. Earlier industry research highlighted the scale of this shift and emerging real-time payment fraud trends. Recent forecasts indicate that instant payments in Europe will […]
Frankfurt’s Sibos 2025 was billed as a landmark week and it lived up to the hype. From the packed conference halls to the exhibition floor, the mood was unmistakable and conversations matched this. The overall consensus was that payments are moving faster than ever, but confidence and resilience are what will separate the winners from […]
The Wolfsberg Group has formally recognized AI/ML as an essential tool in transaction monitoring — signaling to regulators and institutions alike that the era of rules-only monitoring is over. For decades, financial institutions have relied on traditional rules-based systems, referred to as “drag net” approaches that often create a huge number of alerts and Suspicious […]
By Pallavi Kapale, Senior Financial Crime Officer – Financial Crime Intelligence Unit, Bank of China, Sandy Lavorel, Head of Fraud Intelligence, NetGuardians. As the threat landscape continues to evolve, financial institutions face unprecedented levels of fraud and scam activity, often orchestrated by organized criminal networks with sophisticated capabilities. Traditional, siloed approaches are no longer sufficient. Fraud prevention […]
As financial fraud becomes increasingly sophisticated, businesses and financial institutions must evolve rapidly to stay ahead of fraudsters. In a recent panel discussion, experts from across the industry gathered to explore the shifting landscape of financial fraud, including emerging threats, innovative defense strategies, and the crucial role technology plays in combating financial crime. The session […]
By training AI models to spot transaction behavior over time, NetGuardians has developed a powerful new tool in the fight against money laundering.
The SWIFT Customer Security Program (CSP) continues to evolve. As do the threat actors. Roy Belchamber explains how you can comply with the updated Customer Security Controls Framework (CSCF) and simultaneously protect your organization from the monetary impacts of ever-increasing, but adapted, wire fraud threats As CSP has evolved year-on-year, it has significantly raised the […]
NetGuardians has changed the game when it comes to spotting money laundering, by training machine-learning models to spot more cases – with up to 10 times fewer false alerts than the rules and parameter approaches currently adopted by banks, writes Jérôme Kehrli. At the end of last year, the International Monetary Fund (IMF) urged policy-makers […]
In the ever-evolving landscape of financial crime, staying ahead of money launderers is a perpetual challenge. NetGuardians’ recent webinar, “AI in AML: Navigating the New Frontier in Banking Compliance,” showcased how cutting-edge AI technologies are transforming Anti-Money Laundering (AML) efforts. Hosted by AML Product Manager Jerusha Pegg and CTO Jérôme Kehrli, the webinar delved into […]
