Genpact Launches Agentic AI Suite for Banking
Genpact has launched its Banking Analyst Suite, an enterprise solution that applies agentic artificial intelligence to regulated banking operations, beginning
Read more
Financial crime
Canadian Banks Seek Simpler AML Reporting Rules
Canadian banks are urging the federal government to simplify anti-money laundering reporting requirements, arguing that excessive paperwork is consuming compliance
Read more
Gujarat Bank Cyber Theft of ₹7.34 Crore
Gujarat Bank fell victim to a cyberattack in which hackers exploited a software flaw to steal ₹7.34 crore from multiple
Read more
AN ARTICLE ON TRADE BASED MONEY LAUNDERING (TBML)
International trade is defined as the purchase and sale of goods and services by companies in different countries. During trading
Read more
West Bengal Government Launches Audit Probe into Cooperative Bank Loan Irregularities
The West Bengal government has ordered a comprehensive audit into an alleged loan scam involving a cooperative bank, following concerns
Read more
Counterfeit ₹500 notes surge across banking system
In June 2026, the banking and insurance sectors witnessed a range of significant developments. The Reserve Bank of India (RBI)
Read more
Financial Intelligence Unit–India: Strengthening the Fight Against Money Laundering
The Financial Intelligence Unit–India (FIU-IND) plays a central role in combating money laundering and ensuring financial system integrity in India.
Read more
Banking Frauds Surge in H1 FY25; Amount Involved Rises Eightfold
Banking frauds in India have witnessed a sharp increase in the first half of FY25, with the total amount involved
Read more
Building Trust with Responsible AI: A Strategic Approach to Combating Financial Crime
The financial services landscape stands at a pivotal juncture. As generative artificial intelligence evolves from experimental curiosity to operational imperative,
Read more
FIR Filed Against 16 in Cooperative Bank Loan Fraud Case
Police in Lucknow have registered a First Information Report (FIR) against 16 individuals in connection with an alleged loan fraud
Read more