Tagged: suspicious activities

France’s Autorité des Marchés Financiers (AMF) Issues Warning Against Firms Offering Atypical Investments Without Authorization

October 3, 2023 @ 8:13 am By Omar Faridi |

The AMF is warning the public against several companies “proposing atypical investments without being authorized to do so.” France‘s Autorité des Marchés Financiers explains that it regularly “updates its black lists of new websites and entities proposing atypical investments to investors in France without being… Read More

Singapore’s UOB Claims its AI enabled AML Tech has Been Quite Effective at Identifying Potentially Fraudulent Transactions

December 7, 2020 @ 9:25 pm By Omar Faridi |

United Overseas Bank (UOB) has revealed that its artificial intelligence (AI)-powered anti-money laundering (AML) technology has been quite effective at assisting the Singapore-based bank with analyzing large volumes of transactions to identify suspicious or potentially fraudulent financial activities. The UOB, a multinational banking organization with… Read More