In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

In March, Oracle launched agentic AI for anti-money-laundering work and financial crime investigations. ThetaRay, Quantexa, Hawk, Feedzai, Nice Actimize, SymphonyAI and ComplyAdvantage are among the ...

Crime rings are deploying “ghost students” — chatbots who enroll in online college classes and stay just long enough to ...