Financial

Action Fraud has warned the names of well-known business people and financial experts being used to promote cryptocurrency scams.

https://www.ftadviser.com/investments/2018/04/13/action-fraud-warns-of-celebrity-crypto-scams/

Mastercard and its EMV partners are pushing for online payments standards similar to those for point-of-sale payments

https://www.computerweekly.com/news/252439407/Mastercard-calls-for-global-online-payments-standard

Young people are increasingly breaking the law by acting as “money mules” for criminals, according to research that underlines their vulnerability to recruitment via social media.

https://www.ft.com/content/14d0b9c4-425c-11e8-803a-295c97e6fd0b

Fraudulent websites claiming to offer cryptocurrency investments are using images and fabricating recommendations from prominent individuals such as Deborah Meaden from the BBC’s Dragons' Den and Martin Lewis, the founder of MoneySavingExpert.com, without their consent.

https://actionfraud.police.uk/news/well-known-names-being-used-in-cryptocurrency-scams-apr18

British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said

https://www.gg2.net/barclays-pay-2-billion-fine-2008-financial-crisis-era-fraud-us/

The time has come for the Financial Conduct Authority (FCA) and other regulatory bodies to prioritise tackling money laundering by endorsing particular applications of technology.

https://www.ftadviser.com/opinion/2018/03/29/why-regulators-need-to-do-more-to-tackle-fraud/

The financial regulator has issued a warning over a copycat firm which is pretending to be MoneySavingExpert.com in a bid to scam victims out of cash.

https://www.moneysavingexpert.com/news/banking/2018/03/fca-warns-of-scammers-using-mses-details

Fraudsters use new technology to perpetrate old schemes

http://www.fraud-magazine.com/article.aspx?id=4295000887

Lenders are making operational cost savings through artificial intelligence tools

https://www.ft.com/content/0dca8946-05c8-11e8-9e12-af73e8db3c71

The charge related to his conduct following the imposition of a restraint order in 2012 and a confiscation order in 2016 arising from criminal proceedings brought by the FCA.

https://www.fca.org.uk/news/press-releases/alex-hope-sentenced-16-months-imprisonment-perverting-course-justice