A lawsuit alleging that JPMorgan missed several suspicious transactions allowing the theft of US$272m from one of its clients, will now go ahead
Our latest blog takes an updated look at SPACs and their potential risks as the market comes under heavy scrutiny from US regulators
The Zelle payments scam debate: should banks be responsible for refunding victims of fraud and what are the potential implications if this is the case?
In a bid to help financial institutions keep up with developments in payments system fraud, the EBA has made the latest version of its fraud taxonomy publicly available.
The new Economic Crime and Corporate Transparency Bill will focus on tightening rules around registering a company in the UK, with the hope of reducing fraud and money laundering via the use of shell companies.
The UK Government released latest performance data for its Covid Bounce Back loan scheme earlier this week, revealing £1.1bn worth of fraud.
The latest report from banking trade body, UK Finance, has shown a rise in the number of people duped into transferring money to criminals.
RiskBusiness is an international Governance, Risk, Audit and Compliance (GRAC) solution provider, with more than 200 financial services firms currently using our SaaS (Software-as-a-Service) solutions globally.