Current analysis on payment security, fraud prevention, AML/KYC, and PCI DSS compliance.
AML and KYCThe $1.21 billion penalty against Bank of America for anti-money laundering (AML) and sanctions violations has sparked urgent discussions in compliance teams. This isn t just a headline; it s a wake-u
Incident Response and SkimmingThe Challenge On an ordinary Tuesday, The Gentlemen ransomware group claimed to have breached MoneyGram . No proof followed. No data samples appeared on leak sites. The company issued no statement con
AML and KYCWhen American Express National Bank received a $350 million penalty from the Office of the Comptroller of the Currency, it highlighted a significant issue: the bank s AML framework was focused on the
AML and KYCYou ve built an investigation program. You ve documented procedures. You ve trained your team. But if your framework rests on outdated assumptions about how investigations should work, you re defendin
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Fraud Detection AnalyticsThe Growing Threat In 2025, global fraud and scam losses hit $579.4 billion, increasing at 9.2% annually since 2023. Authorized push payment scams, including romance frauds and impersonation attacks,
AML and KYCAmerican Express must pay a $350 million penalty after regulators cited significant deficiencies in its anti-money laundering (AML) program. This isn t just a headline to skim. When the Federal Reserv
Regulations and StandardsYour sanctions screening flags nothing. Your supplier is clean. Your beneficiary bank passes every check. Then your payment stops processing because a correspondent bank three hops away just lost its
AML and KYCIf you re building or revising your anti-money laundering controls for real estate transactions, you need a structured screening checklist that your team can apply consistently. The real estate sector
Incident Response and SkimmingSouth Korea s president, Lee Jae Myung, has ordered an investigation into a series of data breaches at banks in the country. This directive highlights a shift from reactive incident response to govern
Data Protection MethodsWhen you implement cryptographic operations in payment systems, you might assume masking protects your secret keys from side-channel attacks. However, a recent power analysis attack on Falcon s masked
Fraud TypologiesThe Question at Hand When the U.S. Treasury Department sanctioned eight members of Tren de Aragua (TdA) for ATM jackpotting attacks that stole $40.73 million from U.S. financial institutions as of Aug
AML and KYCYou ve tuned your rules and adjusted your thresholds, yet you re still overwhelmed with alerts, and your team is missing actual suspicious activity. The problem isn t your monitoring system; it s your
Regulations and StandardsThere s a belief that PSD3 s acquirer liability shift will devastate authorization rates. The idea is that acquirers, now bearing fraud risk, will decline more transactions. Payment Service Providers
Incident Response and SkimmingThe Challenge McDonald s Indonesia exposed over 40 million records through an unsecured customer data platform. This included 28 million customer records with names, emails, phone numbers, and device
Fraud TypologiesAI-generated scams and coordinated attacks often blend into legitimate transaction volumes during high-traffic periods. When iGaming s payment fraud attack rate grew nearly ninefold ahead of a major s
AML and KYCYour team needs to ensure timely access to beneficial ownership data to strengthen your anti-money laundering (AML) framework. Recent changes in how jurisdictions structure access to this data mean yo
