TrustSphere
 

The collapse of NFT trading volumes from their 2021 peak has produced the mistaken impression that NFTs are no longer a material AML concern. In reality, the typology has matured, diversified into gaming platforms and in-app economies, and continues to attract criminal proceeds at meaningful scale. Regulatory frameworks in most jurisdictions lag the sophistication of these laundering techniques. For compliance teams at financial institutions, platforms and regulators, the gap

Banking-as-a-Service has transformed how fintechs, retailers, and gig-economy platforms deliver financial products. The model has also exposed a recurring structural weakness. The sponsor bank holds the licence and the regulatory accountability, while the customer experience, onboarding decisions and monitoring rules sit largely with the platform partner. When fraud or money laundering controls fail in this model, the consequences land squarely with the bank. Recent enforceme

First-party fraud, where a customer genuinely and knowingly defrauds their lender, has long been one of the most under-acknowledged loss categories in consumer banking. Industry estimates place annual global losses from first-party fraud well above USD 100 billion, with credit card, personal loan, and buy-now-pay-later portfolios taking the heaviest impact. Because traditional fraud controls are oriented around third-party imposters, and traditional credit controls are orient

Elder financial exploitation is now one of the fastest growing categories of consumer fraud in developed economies, yet it remains substantially under-detected by the controls banks have historically deployed. The victims are often long-standing, profitable customers with steady income, low charge-back exposure and clean KYC profiles — precisely the characteristics that traditional monitoring rewards rather than interrogates. In the United States alone, reported losses by con

In an era dominated by real-time payments, instant P2P apps and cross-border stablecoins, check fraud should by rights be a dying typology. Instead, US banks reported more than two million check fraud cases in 2025 and losses have continued to climb. Across parts of Europe and Asia, check-equivalent instruments have seen similar criminal resurgence. The paradox is that the same digital modernisation that was supposed to kill the check has in fact given criminals easier access

Business Email Compromise has persisted as the most financially damaging category of cyber-enabled fraud for most of the past decade, and 2026 has provided no reason to expect that pattern will change. Losses reported to law enforcement worldwide are approaching USD 60 billion cumulatively, with individual events routinely exceeding seven figures. What has changed is the operational sophistication of the attackers. Generative AI, voice cloning and adversary-in-the-middle phis

For over a decade, biometrics that leverage unique biological traits to verify identities have been widely adopted for user...