UAB chief vows to fight money laundering, terror financing
Chairman of the Union of Arab Banks Sheikh Mohammad Al-Jarrah Al-Sabah said on Monday that UAB is firm on dealing…
Fraud & Ethics
710 articles found
Swiss Authorities Extend Mubarak’s, Ben Ali’s Assets Freeze for Additional Year
Swiss authorities Friday announced they will extend for one more year the freeze of assets of former Tunisian President Ben…
NY Court of Appeals Finds Personal Jurisdiction Based on Use of NY Correspondent Bank Accounts
A sharply divided New York Court of Appeals recently held that defendants who allegedly made intentional and repeated use of…
Israel cybersecurity tech helps NatWest catch online crooks
BioCatch, a cybersecurity company that tracks behavior to catch cyber crooks, said UK’s NatWest bank has successfully tried its technology…
Beware of shady online transactions, banks warn
Saudi commercial banks have warned their customers against fraudsters using false electronic marketing websites to steal their secret banking information…
Barclays taken to tribunal by Qatar funding banker
A former Barclays banker at the centre of a criminal investigation by the Serious Fraud Office is to mount a…
Mobile Fraud
Imagine sitting at your humble desk, worrying about your daily needs, expenses and school fees. Suddenly you receive a…
The UAE stresses need to combat money laundering
With money laundering continuing to be a major concern across the globe, the UAE is making efforts to combat it…
Barclays denies allegations of fraud
Founded in 2005, PCP Capital Partners LLP is led by investment banker Amanda Staveley, who was instrumental in assisting Barclays…
NBK receives PCI-DSS Certification for Credit Card Fraud Prevention
National Bank of Kuwait has received the Payment Card Industry – Data Security Standards Certification from the qualified security assessors,…
Swiss private bank linked to Malaysia scandal
A former unit of US insurance giant AIG is in the crosshairs of global regulators on an international hunt for…
Long-Time LA Garment Manufacturer Charged With Hiding Income at Israeli Banks to Avoid Paying Taxes
Masud Sarshar, known for taking an ordinary workwear brand and converting it into a colorful array of pants called Dickies…