BioCatch, the pioneer of behavioral biometric intelligence and a leader in digital fraud detection, today announced the findings of a new commissioned study conducted by Forrester Consulting on behalf of BioCatch: “Improve Fraud and Anti-Money Laundering Operations With A Proactive And Unified Approach.” The research reveals the reality about the concern and readiness of the world’s largest banks’ ability to effectively respond to the changing fraud and financial crime landscape. This research comes on the heels of increasing media and regulatory body reports that money laundering scams are increasing at alarming rates. Continue reading
Tag Archives: Crime
Kamono Farm Initiatives Limited (KFI) a Zambian company is facing allegations of fraud and money laundering.
Kamono Farm Initiatives Limited (KFI) is a Zambian company that was founded in 2012 with the vision of changing the agribusiness landscape by offering farmers a superior service. KFI’s business model is based on contract farming, which allows the company to provide farmers with access to inputs, markets, and technical expertise. This has allowed KFI to help farmers increase their yields and incomes, and to improve the sustainability of their farming practices.
However, in recent years, KFI has been facing allegations of fraud and money laundering. These allegations stem from a number of factors, including:
Impact of the Al Jazeera’s Gold Mafia Investigation in Africa and its leaders
LONDON, 13 April 2023 / — It is still too early to say what the full impact of Al Jazeera’s Gold Mafia investigation will be on Africa and its leaders. However, the investigation has already had a number of significant impacts. Continue reading
Lloyds Banking Group invests £10 million in digital identity company Yoti
Lloyds Banking Group has invested £10 million in digital identity company Yoti, an investment which supports the development of innovative technology to keep people safe online, tackle the ever-growing risks of identity fraud, and give people more control over their personal data. Continue reading
Matteo Messina Denaro: arrest of mafia boss after 30 years on the run is the end of an era – but not the end of the Cosa Nostra
Felia Allum, University of Bath
Matteo Messina Denaro, one of the leaders of the Sicilian mafia, the Cosa Nostra, has finally been detained after 30 years on the run. His arrest came as around 100 police officers surrounded the private Maddalena clinic in Palermo where they had discovered he was receiving treatment.
How your brainwaves could be used in criminal trials
Michel Funicelli, Teesside University
American Kevin Strickland was exonerated after spending 42 years in prison for being wrongfully convicted of a triple murder in November 2021. His 1978 conviction was based on mistaken identification of an eyewitness. The eyewitness later said that police pressured her into identifying Strickland, and attempted to have her testimony recanted but failed. She died in 2015.