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The $5 Billion Problem That AML Was Not Built to Solve Authorised push payment fraud has become the defining financial crime challenge of the instant payments era. APP fraud — in which victims are psychologically manipulated into authorising transfers to accounts controlled by fraudsters — now accounts for 75 percent of digital banking fraud value globally, according to ACI Worldwide's analysis. Losses are expected to reach $5.25 billion across the US, UK, and India alone by

A Landmark Week for Stablecoin Regulation The week of April 7, 2026 may prove to be a turning point for digital asset compliance. FinCEN and OFAC jointly issued a proposed rule under the GENIUS Act requiring permitted payment stablecoin issuers (PPSIs) to establish AML/CFT programs equivalent in scope to those required of traditional financial institutions under the Bank Secrecy Act. For the first time, the US Treasury is formally treating stablecoin issuers as financial inst

The Alert Overload Crisis — and Its AI Solution Alert overload is one of the most persistent and expensive failures in financial crime compliance. Tier-1 banks routinely generate hundreds of thousands of transaction monitoring alerts monthly, of which 90 to 98 percent are false positives — transactions flagged by rules-based systems that turn out, after manual review, to be entirely legitimate activity. The human cost of processing this volume is enormous: armies of analysts