Financial Crime Threat Landscape

Criminals will continue to adapt and exploit opportunities to grow and evolve as the world continues to contend with COVID-19 and emerging variants. Dominant themes of the “new reality” this year will include disrupted supply chains, the implosion of fraud, widespread ransomware attacks and a digital payments ecosystem under continual attack by criminals.

Geopolitics and Sanctions

Reaching 80% conversion and beyond, Paybis is planning to continue their global expansion with strong anti-fraud and a reputable identity verification provider.

Paybis, a global crypto exchange platform with over 1,5 mln registered users from 180+ countries, is ready to share the results and future prospects of their partnership with Sumsub, an identity verification and KYC/AML compliance provider.

Copado, a leading DevOps platform powering the world's largest digital transformations, today announced it has acquired Qualibrate, the leading SAP automated testing solution, and 

Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the recent ONS fraud statistics

“The latest quarterly fraud figures from the Office for National Statistics highlight the extent of the impact of the pandemic, with fraud up 36% for the year to September 2021, compared with the year ending September 2019, at 5.1 million fraud offences. Much of this was driven by financial and retail fraud, which is unsurprising, given the behavioural changes and increased digitisation we’ve seen as a result of COVID-19.

The integrated company will fully operate under the Synechron brand name from today. 
 

Payments service provider COMO Global to utilize ACI Secure eCommerce, giving merchants access to wide range of acquirers and alternative payment methods

• VALTATECH JOINS PANEL OF SPECIALIST PEPPOL EINVOICING SERVICE PROVIDERS TO MAKE ITS SOURCE TO PAY EXPERTISE AND PEPPOL ACCESS POINT AVAILABLE TO ALL LOCAL, STATE AND FEDERAL GOVERNMENT AGENCIES
• PARTNERSHIP WITH EFFICIENCY LEADERS’S RAPID AP WILL BOOST ADOPTION OF PEPPOL EINVOICING AND DRIVE ACCOUNTS PAYABLE AUTOMATION ACROSS GOVERNMENT

Phoebus Software Limited (PSL) and Hampshire Trust Bank have renewed their contract which will see the Phoebus solution continue to service the bank’s specialist mortgage and development finance lending propositions.

Jack Henry helps historic bank expand with a modern digital experience and personal touch, new features are embraced by customers

Jack Henry & Associates, Inc.^® (NASDAQ: JKHY) announced today that Planters First Bank launched Jack Henry capabilities to innovate and deliver competitive services that differentiate them from megabanks and big tech, supporting its vision to be the best community bank for Middle Georgia.