Getting – and staying – ahead of financial crime is critical not just for financial institutions but for the good of society as a whole. Meanwhile, criminals are constantly innovating. New threats are emerging. Regulations are evolving. The cost of compliance is evolving. High transaction volumes are straining existing systems. And multiple ecosystems and partnerships are adding to the complexity.
Bigbluue can help. Our team of ex-regulators, industry experts, and data scientists enables financial institutions to prevent, detect, and reduce the risk of fraud and financial crime.
Set the gold standard for governance, risk, and compliance with our end-to-end financial crime risk management solutions, which span people, processes, data, and technology to reduce exposure to financial crime and fraud.
Fraud and financial crimes are a form of theft/larceny that occur when a person or entity takes money or property, or uses them in an illicit manner, with the intent to gain a benefit from it. These crimes typically involve some form of deceit, subterfuge or the abuse of a position of trust, which distinguishes them from common theft or robbery. In today's complex economy, fraud and financial crimes can take many forms. The resources below will introduce you to the more common forms of financial crimes, such as forgery, credit card fraud, embezzlement and money laundering.
