#transfer-irregularities

[ follow ]
fromIndependent
1 day ago

'If you are using credit cards to take out cash, you need to cut up your card' - money experts share their credit card dos and don'ts

Credit cards can be very dangerous from a financial well-being perspective, if used irresponsibly. The temptation to use one to fund a big holiday or a new sofa that you can't afford can be seriously tempting.
Relationships
#insider-trading
US Elections
fromFortune
2 days ago

Prediction markets have sparked a golden age of insider trading-but the party may be coming to an end | Fortune

Insider trading in prediction markets has surged, raising concerns about unethical betting practices and lack of regulatory oversight.
US Elections
fromFortune
2 days ago

Prediction markets have sparked a golden age of insider trading-but the party may be coming to an end | Fortune

Insider trading in prediction markets has surged, raising concerns about unethical betting practices and lack of regulatory oversight.
Cryptocurrency
fromTNW | Blockchain
3 days ago

Multi-Hop Transactions in Crypto. The Compliance Risk Behind Indirect Exposure

Public blockchains present compliance challenges due to multi-hop transactions, complicating the tracking of funds and enforcement of regulations.
DevOps
fromInfoQ
3 days ago

Event-Driven Patterns for Cloud-Native Banking: Lessons from What Works and What Hurts

Event-driven architecture introduces complexity and requires careful implementation, especially in regulated environments, to ensure reliability and system evolution.
fromwww.aljazeera.com
6 days ago

France opens probe into suspected attack on Bank of America in Paris

The swift intervention by police had thwarted a violent terrorist attack in the French capital the previous night, according to Interior Minister Laurent Nunez.
France news
#fincen
Law
fromwww.housingwire.com
1 week ago

FinCEN's anti-money laundering rule struck down now what?

FinCEN has authority to regulate real estate transactions and enforce reporting requirements under the Bank Secrecy Act.
Law
fromwww.housingwire.com
1 week ago

FinCEN's anti-money laundering rule struck down now what?

FinCEN has authority to regulate real estate transactions and enforce reporting requirements under the Bank Secrecy Act.
#data-breach
UK politics
fromwww.bbc.com
1 week ago

NS&I set to pay millions to customers over misplaced funds

NS&I is expected to pay hundreds of millions to customers due to failures in managing bereavement-related claims.
UK news
fromwww.independent.co.uk
1 week ago

Troubled UK bank fined 2 million for misleading financial watchdog

The Bank of England fined the Bank of London £2 million for misleading regulators and failing to act with integrity amid financial difficulties.
Retirement
fromIndependent
1 week ago

There are millions of euro stuck in 'dormant accounts' - here's how to get yours back

Many funds remain unclaimed in state hands despite efforts to locate their rightful owners.
EU data protection
fromTNW | Ecosystems
2 weeks ago

DORA compliance: most European financial firms still aren't ready

Europe's financial institutions struggle to comply with the Digital Operational Resilience Act, with many lacking confidence in meeting the 2025 deadline.
#prediction-markets
Law
fromFast Company
2 weeks ago

Traders flocked to prediction markets-now a criminal case is testing the model

Arizona filed criminal charges against Kalshi, a prediction market platform, for operating an illegal gambling business and allowing bets on political races, despite the platform being federally legal as a financial trading platform.
Law
fromFast Company
2 weeks ago

Traders flocked to prediction markets-now a criminal case is testing the model

Arizona filed criminal charges against Kalshi, a prediction market platform, for operating an illegal gambling business and allowing bets on political races, despite the platform being federally legal as a financial trading platform.
Real estate
fromwww.housingwire.com
2 weeks ago

Proposed capital rules set LTV-based mortgage risk weights

Basel III proposals reduce Tier 1 capital requirements for banks while increasing risk sensitivity for mortgages through LTV-based risk weights and eliminating MSR capital deductions in favor of 250% risk weighting.
Bootstrapping
fromBusiness Matters
2 weeks ago

When to Hire Accountant: Key Signs for Small Businesses

Hiring a small business accountant becomes necessary when financial complexity grows beyond basic bookkeeping, freeing owners to focus on core business operations while reducing stress and preventing costly mistakes.
Cryptocurrency
fromReadWrite
1 week ago

Polymarket updates rules targeting insider trading risks

Polymarket has implemented stricter trading rules to enhance compliance and prevent insider trading in prediction markets.
Information security
fromTheregister
2 weeks ago

AI-driven fraud far more profitable, Interpol warns

AI-enhanced financial fraud schemes are 4.5 times more profitable than non-AI schemes, with criminals using generative AI to improve text quality, create deepfakes, and scale operations efficiently.
Europe politics
fromThe Local Germany
2 weeks ago

What you should know about the EU's plan to tap your savings

The EU revives its decade-old capital market integration plan, now called the Savings and Investments Union, to compete with the US and China while addressing market fragmentation and investment barriers.
#banking-security-breach
UK news
fromwww.bbc.com
3 weeks ago

Lloyds, Bank of Scotland and Halifax apps showed customers other users' transactions

Bank of Scotland, Lloyds, and Halifax customers experienced a security breach allowing access to other users' transactions, account details, and National Insurance numbers on Thursday morning.
UK news
fromwww.bbc.com
3 weeks ago

Lloyds, Bank of Scotland and Halifax apps showed customers other users' transactions

Bank of Scotland, Lloyds, and Halifax customers experienced a security breach allowing access to other users' transactions, account details, and National Insurance numbers on Thursday morning.
Business intelligence
fromFortune
3 weeks ago

Something big is changing in auditing | Fortune

AI will fundamentally redefine auditing over the next three to five years, with internal audit teams increasingly governing AI models while automation saves up to 40% of audit time.
fromTheregister
3 weeks ago

Lloyds tech glitch loses control of transactions, balances

Some could see details of transactions, which revealed users' workplaces, salaries, charitable donations, and more. Commenters under British personal finance guru Martin Lewis's social media post about the bug also reported seeing other customers' full names, postcodes, and state pension details. Some said they saw child benefit payments seemingly flowing into their accounts.
London startup
Privacy professionals
fromwww.housingwire.com
2 weeks ago

Reducing risk: Why logging, protection, and review matter

Application logs are critical cybersecurity safeguards that provide visibility into system behavior, enabling early detection of security threats and operational issues in real estate and mortgage lending organizations.
Information security
fromThe Hacker News
2 weeks ago

Why Security Validation Is Becoming Agentic

Security validation tools operate in silos while attackers exploit interconnected systems, creating a structural blind spot that Agentic Exposure Validation can address through continuous, autonomous, context-aware assessment.
US politics
fromFuturism
3 weeks ago

Using AI to Do Your Taxes Is Likely to Backfire Spectacularly

AI chatbots consistently miscalculate taxes by over $2,000 on average and struggle with precise form completion due to the intricate details required in tax filing.
Law
fromBusiness Matters
2 weeks ago

HMRC investigations into big businesses now last nearly three and a half years on average

HMRC tax investigations into UK's largest companies average 41 months to resolve, with over 2,100 active cases affecting roughly half of Britain's largest enterprises.
Real estate
fromwww.housingwire.com
3 weeks ago

Verification is the new credit score

The mortgage industry's core challenge is data confidence and reconciliation across multiple independent systems, not processing speed, as traditional credit scores cannot validate the consistency and reliability of increasingly complex data sources.
Business intelligence
fromSecuritymagazine
3 weeks ago

AI Security and Forensic Accounting: Protecting Financial Systems in an Automated World

AI-enhanced forensic accounting is essential for detecting financial fraud and payment manipulation in automated financial systems vulnerable to sophisticated, AI-driven attacks.
Bootstrapping
fromEntrepreneur
3 weeks ago

Why Chasing More Revenue Won't Fix Your Financial Struggles

Pursuing revenue growth without stabilizing internal systems, costs, and processes amplifies inefficiencies and creates fragile, unsustainable businesses instead of profitable ones.
Miscellaneous
fromBusiness Matters
1 month ago

Programmatic Risk Management for Derivative Trading

Leverage in derivatives requires real-time programmatic risk controls embedded in trading architecture to prevent rapid account depletion from market moves.
UK news
fromwww.independent.co.uk
3 weeks ago

Warning criminals are exploiting AI after record number of UK scam reports

UK fraud reports reached record 445,000 in 2025, with identity theft as the most common type, driven by criminals increasingly exploiting artificial intelligence and digital technologies.
Business intelligence
fromwww.housingwire.com
3 weeks ago

Banks adopt AI fast but lack strategy and governance

Organizations prioritize operational efficiency in AI investment, but face significant data infrastructure gaps and regulatory uncertainty that hinder transition from experimentation to strategic deployment.
US politics
fromFlowingData
4 weeks ago

Database to explore conflicts of interest through financial disclosures

ProPublica created a searchable database of financial disclosure documents from the president and 1,573 executive branch appointees, revealing their assets, outside positions, and compensation.
Cryptocurrency
fromBitcoin Magazine
3 weeks ago

U.S. Treasury Recognizes Legitimate Uses For Crypto Mixers

The U.S. Treasury acknowledges that cryptocurrency mixers serve legitimate financial privacy purposes while proposing new legislative tools to combat illicit finance and criminal exploitation of these technologies.
Information security
fromTheregister
1 month ago

Scammers target Dubai bank accounts amid Iran missile salvo

Cybercriminals impersonated Dubai Crisis Management to exploit missile attack victims, attempting SIM-swap attacks to access bank accounts using stolen UAE Pass and Emirates ID credentials.
Law
fromHarvard Business Review
1 month ago

Why the Commonwealth Bank of Australia Opened Up to Customers about Credit Card Risks

Financial institutions can build deeper customer trust by transparently disclosing product downsides alongside benefits, challenging conventional wisdom that favors selective information disclosure.
fromwww.housingwire.com
1 month ago

AD Mortgage launches its largest non-QM securitization yet

The deal represents a defining milestone for the firm. It reflects not only the continued strength of the non-QM RMBS market, but also the confidence investors place in our platform and in AD non-QM mortgages as a premier asset class.
Real estate
Business
fromEntrepreneur
1 month ago

4 Audit Triggers To Avoid For Entrepreneurs and High Income Individuals

High-income taxpayers who file Schedule C or claim aggressive deductions face heightened IRS audit risk and must maintain accurate, consistent records to reduce exposure.
US politics
fromenglish.elpais.com
1 month ago

The White House is considering requiring banks to verify the citizenship of their customers

The Trump administration is considering an executive order requiring U.S. banks to collect citizenship documentation from customers, potentially blocking undocumented migrants from the banking system.
#tax-fraud
Careers
fromTheregister
2 months ago

ATM maintenance tech broke the bank by forgetting a key

An ATM technician accidentally took a bank branch's ATM keys, realized the mistake, reported it, and returned to hand the keys over.
fromTearsheet
2 months ago

Deposits vs. Payments - What drives more value for banks today? - Tearsheet

There was a time when banks and fintechs competed mostly on bells and whistles: smoother apps, faster checkout, appealing rewards. But in the world of public markets and quarterly earnings, functionality gives way to fundamentals.
Venture
#deutsche-bank
fromFortune
2 months ago
Germany news

German prosecutors' raid on Deutsche Bank hurts the lender's attempts to leave its long history of compliance failures in the past | Fortune

fromFortune
2 months ago
Germany news

German prosecutors' raid on Deutsche Bank hurts the lender's attempts to leave its long history of compliance failures in the past | Fortune

Gadgets
fromTheregister
2 months ago

ATM takes a kicking yet keeps on ticking

A vandalized Liverpool ATM remains powered and network-connected, its CRT displaying "SORRY OUT OF SERVICE" and "ON-LINE" despite long-term neglect.
Digital life
fromIndependent
1 month ago

'Gaps in employment can be a red flag' - financial experts reveal the reasons why your mortgage or loan application may be rejected

Lenders review account activity and request loan and credit card statements; poorly managed accounts or credit use can harm loan applications.
#agentic-commerce
fromwww.scientificamerican.com
2 months ago

How math can reveal lottery fraud

On October 1, 2022, something strange happened in the Philippines: 433 people won the jackpot in the local lottery. For this particular lotto, six numbers ranging in value from 1 to 55 were randomly selected, and the 433 winners all matched. Even more bizarre, when arranged in ascending order, the winning numbers were: 9, 18, 27, 36, 45 and 54. In other words, the winning numbers were multiples of 9 (9 1, 9 2, 9 3, etcetera).
Science
fromwww.theguardian.com
2 months ago

Everybody Loves Our Dollars by Oliver Bullough review a jaw-dropping expose of money laundering

In April 2024, the value of all the dollar bills in circulation reached an all-time high of $2.345tn, and may well be even more than that by now. The total value of dollars in the world has doubled every decade since the 1970s. Similarly, there are 1.552tn euro notes in circulation, while most other currencies the British pound, the Japanese yen, the Swiss franc and so on are all at something like their highest levels in history.
World news
fromFaithandfearinflushing
2 months ago

Transactions in a Lifetime

The agate type that used to fill newspapers' TRANSACTIONS boxes and for all I know still do can change everything - about your team, about the players within, about the course of your expectations and satisfaction as fan. While the Hot Stove barely simmers, Kyle Tucker rumors notwithstanding, I'd like to take this opportunity revisit a few picas worth of Mets transactions through time.
Major League Baseball
fromFortune
2 months ago

As risk skyrockets, current and former CFOs are in demand for audit committees | Fortune

As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent directors, particularly for audit committees, because of their ability to translate complex operational and financial realities into effective oversight.For example, this month, J. Michael Hansen, former EVP and CFO of Cintas Corporation, was appointed to the audit committee at Paychex.
Business
California
fromwww.mercurynews.com
1 month ago

Bay Area bank employee and two others accused of robbery scheme

Three suspects were arrested for allegedly conspiring to rob Novato bank customers, with $160,000 seized and one suspect employed at the bank.
fromTearsheet
2 months ago

Deposits vs. Payments - What drives more value for banks today? - Tearsheet

There was a time when banks and fintechs competed mostly on bells and whistles: smoother apps, faster checkout, appealing rewards. But in the world of public markets and quarterly earnings, functionality gives way to fundamentals. At the intersection of traditional banking and modern fintech lies a simple but growing question: what actually drives sustainable value for banks today? Is it the buzz‑worthy growth of payment volumes and new revenue streams - or the old‑school strength of deposit balances and net interest income?
Venture
fromTechRepublic
7 months ago

State of AI Adoption in Financial Services: A TechRepublic Exclusive

But if you dig deeper into how businesses in this industry are actually approaching AI deployments - if you ask questions like how they are governing their data, how they are ensuring data quality, and how easily are they connecting AI tools directly to data platforms - you'll soon realize that claims about AI adoption in financial services don't always align with reality.
Artificial intelligence
fromIndependent
2 months ago

Switch and save: How a 'life admin day' can save you hundreds or even thousands of euros

Setting aside a designated day to switch utility providers will pay dividends in the long run
E-Commerce
Business
fromForbes
2 months ago

Is Overseas Banking A Good Idea? Here Are The Pros And Cons

Overseas banking provides digital, transparent means of diversifying assets and hedging against domestic economic instability for global entrepreneurs, nomads, and cautious investors.
Miscellaneous
fromIrish Independent
2 months ago

At least 3.7m unaccounted for as liquidators appointed to investment firm

Provisional liquidators were appointed to Strand Investments & Finance Ltd (123 Financial Services) after suspected misappropriation left at least €3.7m unaccounted and clients affected.
US politics
fromAxios
1 month ago

Integrity faces a critical moment of peril

Incentives across markets, media, sports, and politics increasingly reward ethical boundary-pushing and gaming systems, eroding trust and encouraging manufactured realities.
E-Commerce
fromBusiness Matters
1 month ago

Swish Introduces Joint Blocking Feature to Strengthen Fraud Protection Across Banks

Swish introduced a joint blocking feature allowing banks to block users system-wide to prevent fraud and enhance payment security.
Miscellaneous
fromwww.dw.com
2 months ago

Why Germany struggles to fight financial crime DW 01/08/2026

Germany lacks sufficient prosecutors, judges, and trained personnel to effectively investigate financial and organized crime, costing states billions and enabling criminal advantage.
Business
from24/7 Wall St.
2 months ago

5 Common Bank Fees You Can Usually Get Waived, If You Know What You're Doing

Many common bank fees can often be reversed or waived if customers ask, negotiate, and reference bank policies.
Real estate
fromwww.housingwire.com
2 months ago

Distressed assets, AI fraud complicating title insurance risk

Layered validation and synchronized countermeasures are essential to combat increasingly sophisticated, AI-driven title insurance fraud amid uneven property market risks and rising bad actors.
UK news
fromwww.theguardian.com
2 months ago

HMRC accepted tolerable' risk of harm in child benefit fraud crackdown

HMRC halted thousands of child benefit payments using incomplete Home Office travel data, wrongly suspending many legitimate UK claimants.
Miscellaneous
fromIndependent
1 month ago

Spanish police probe links between Dublin fintech and drug cartel's money laundering

An Irish firm was connected to an unlicensed digital bank that enabled a cocaine gang to move money from Europe to South America.
US politics
fromTheregister
2 months ago

Feds pitch anti-fraud AI trained on COVID loan data

A Fraud Prevention Engine trained on five million SBA COVID-19 loan applications could have flagged tens of billions in potentially fraudulent payments before disbursement.
Business
fromThe Drum
2 months ago

The dos and don'ts of the M&A rulebook for agencies

M&A activity favors agencies that grew during COVID-19, with buyers seeking scalable, digitally capable firms and increased interest in APAC independents.
Real estate
fromwww.housingwire.com
1 month ago

How to Comply with FinCEN Without Break Your Operations (or Budget)

FinCEN's Residential Real Estate Rule, effective March 1, 2026, requires title and escrow teams to file file-by-file AML reports and embed compliance into core workflows.
UK news
fromCity AM
2 months ago

Professional services firms facing 'polycrisis of confidence'

C-suite leaders at mid-sized professional services firms have widely adopted Gen AI but prioritize finance, cash flow and new business over AI as a growth driver amid tax-related demotivation.
Information security
fromSecuritymagazine
1 month ago

How Banks Can Protect Their Most Valuable Asset: Customers

Banks must secure money, property, data, and reputation because incidents—crime, insider misuse, fraud, or IT failures—threaten safety, customer trust, regulatory standing, and brand.
Miscellaneous
fromIrish Independent
2 months ago

Estimated 500,000 in accidental payments made at 'tipping terminals'

Consumers frequently tip but feel pressured by digital payment methods; regulators urge clearer opt-out options, separation of tipping terminals, and transparent communication of service charges.
Business
fromEntrepreneur
1 month ago

How Your M&A Deal Could Go Sideways Even After Closing

Clear, specific working capital definitions, aligned incentives, and neutral arbitration prevent costly post-closing disputes and preserve relationships.
fromIndependent
1 month ago

Financial services worker jailed for deception and impersonating a garda takes unfair dismissal case

Company says it learnt of employee's incarceration from newspaper articles
Law
fromTheregister
2 months ago

ATM flashes a port or two for the enterprising hacker

When we talk about installation, we're usually referring to Windows 2000 turning up on a ticket machine, Windows 7 showing its face where it isn't welcome, or even Windows 10 having a moment on an information display. Today's bork, however, is a bit different. Spied by an eagle-eyed Register reader, this installation is all about the hardware: a router connected to an ATM to provide connectivity.
Information security
fromBusiness Matters
2 months ago

How Business Recovery and Insolvency Can Help Avoid Liquidation

The weight of mounting debts, unmanageable cash flow issues, and the pressure from creditors can quickly lead a company to the brink of liquidation. However, insolvency and business recovery processes, when handled properly, can offer a lifeline to businesses in distress. One such company that specializes in these services is BABR (Bailey Ahmad Business Recovery), which provides essential strategies and expert guidance to help businesses navigate the complex waters of financial recovery and avoid the often devastating consequences of liquidation.
Business
fromComputerworld
2 months ago

Should there be a financial penalty for ignoring IT?

To all employees, this company takes data protection very seriously. It has a material impact on our operations. The CIO and IT Director are in charge of those policies. If one of them comes to your business unit and gives you an instruction, take it as seriously as you would instructions from any other C-level, including myself. As of this date, know this: If you disregard or otherwise violate any IT instruction, you better pray that they are wrong.
Information security
fromwww.housingwire.com
1 month ago

Alanna, Settlor partner on FinCEN compliance options

Interoperability is something the title industry needs now more than ever. Our clients consistently tell us that being able to work with the banks, the underwriters and the technology providers they trust most often on a file-by-file basis is critical to their success, he said. That usually means something different from business to business, market to market and order to order. One firm may need one combination of technologies and underwriters for their needs, while the next may want a completely different blend.
Real estate
Information security
fromSecuritymagazine
2 months ago

77% of Financial Service Organizations Accrued Security Debt in 2025

63% of BFSI organizations carry critical security debt, largely driven by third-party code, and take longer to remediate vulnerabilities than other industries.
Information security
fromTheregister
2 months ago

BoE: UK finservs still lacking on basic cybersecurity

UK 2025 cybersecurity review finds financial firms and FMIs still lack basic safeguards: weak access controls, poor patching, misconfigurations, insufficient detection, and poor security culture.
[ Load more ]