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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: May 8, 2025

Written by FinCrimeMay 8, 2025

Visit this store for a free iris scan to ‘prove’ you’re human, not AI

Reported by Lisa Bonos Clement Anthonioz, a 38-year-old telecommunications professional, walked into a sleek store in the Union Square shopping district Thursday and stared into a white orb as it scanned his iris to generate his “proof of personhood.” It was opening day for one of six U.S. storefronts promoting World, a digital identity system […]

Written by FinCrimeMay 8, 2025May 8, 2025

Barclays looks for collaborators on a ‘kill chain’ to fight fraud

Reported by Carter Pape Experts from Barclays and Threat Fabric, as well as the National Retail Federation (NRF) and Target, introduced their respective efforts to develop so-called fraud “kill chains” to map and understand the structure of economic crimes. The fraud kill chain Download White Paper from here: The model from Barclays and Threat Fabric […]

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