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Launching AI-driven Fraud Detection

Foreign Exchange

Projected by the World Bank to possibly have one of the highest inflation rates globally in 2022, Nigeria’s volatile exchange rate and rising inflation pose a challenge to residents as they try to maintain their purchasing power. The World Bank […]

The European Commission has fined five major European banks a total of €344m as part of a long-running investigation into the foreign exchange (Forex) spot trading market.  The Commission’s investigation focused on the trading of G10 currencies – the most […]

AML risk foreign exchange

Foreign currency exchange (FX) is a popular methodology for money launderers, who seek to exploit a range of vulnerabilities associated with the service. The growing volume of FX businesses across the banking and commercial sectors, on Main Streets and online, […]