Industry Story
21 March 2024
Dark side of cybercrime, mule accounts: Know how individuals can unwillingly become accomplices in money laundering
If an online opportunity seems too good to be true or requires handling money or goods, it's a potential mule recruitment scheme
Read more
Authored Article
15 February 2024
Credit Card Fraud: Types And Ways To Prevent It
In the era of digital transactions, credit card fraud has emerged as a pervasive financial crime. This nefarious activity involves the unauthorized use of credit card information, either through stealing existing details or creating new accounts.
Read more
Authored Article
02 February 2024
Cracking the code: How to master UPI fraud management? MintGenie explains
Hackers are using sophisticated tactics to exploit vulnerabilities in the UPI ecosystem, leading to an increase in UPI frauds in India. Phishing, fraud sellers, screen monitoring apps, money mule schemes, and SIM cloning are common fraud methods.
Read more
Authored Article
24 November 2023
AML KYC Solution For CA/CS/CWA and New Reporting Entity Under PMLA
In the ever-evolving landscape of financial regulations, ensuring transparency, accountability, and integrity is of paramount importance. In this pursuit, the Prevention of Money Laundering Act (PMLA) has been a pivotal tool in curbing illicit financial activities.
Read more
Authored Article
22 November 2023
How Does a Robust Anti-Money Laundering Solution Improve Decision-making?
n the intricate world of finance, the battle against money laundering demands more than just regulatory compliance; it requires a dynamic, proactive approach that stays ahead of ever-evolving criminal tactics.
Read more
Industry Story
16 October 2023
From digital frauds to ad frauds, why is it required to ramp up security measures
In this ever-growing digital world, security always remains an area of concern. Cybersecurity is a one such area which needs to continuously grow, change and adapt to the most recent threats.
Read more
Authored Article
09 October 2023
Emerging threats in latest money laundering, and how AML solutions can help!
Over the years, money launderers have continuously evolved their techniques to exploit loopholes and advancements in technology.
Read more
Authored Article
06 October 2023
The role of artificial intelligence in detecting and preventing bank fraud
AI has become crucial in pattern detection and lower false positive rates thanks to the massive volumes of data and complex algorithms it has access to. As a result, banks and their clients are protected from potential financial losses and security breaches.
Read more
Authored Article
05 October 2023
How AI is enhancing anti-money laundering strategies for improved financial security
Financial crimes have been on the rise in recent years, posing a significant threat to economies, businesses, and individuals alike. Money laundering, in particular, has become a profound global problem.
Read more
Industry Story
23 August 2023
Shopping season is here, but be careful!
Leading the direct to consumer (D2C) bandwagon are full time working millennials (about 70%). About 85% of them also noted that they are going to increase their spendings in as many as 11 product categories for the remaining year.