The I4C and RBIH collaboration aims to enhance fraud detection in India's digital banking ecosystem using AI. The partnership focuses on improving the sharing of fraud risk intelligence and ...

He added that similarly, all private, public, and cooperative banks should immediately adopt the Mule Account Hunter software, jointly developed by the Government of India and the Reserve Bank. Until ...

AUSTRAC chief Brendan Thomas is worried about the exposure of tech unicorn Airwallex to money mules who use fake accounts to funnel child sex payments. Australian-born payments technology company ...

SINGAPORE - When a man received a video call from a fake cop in May 2024 accusing him of money laundering, he made more than 10 bank transfers totalling $300,000. Wanting to be known only as Mr Lee, ...