Lab Report #10
Lab Report #10 This week in financial Crime Lab Report #10 This week in financial Crime Lab Report #10 – This week in financial Crime This week’s pattern was a consolidation of the architecture sketched out across the spring: the rulebook closing around the operational layer where financial crime actually happens. The European Commission unveiled […]
Lab Report #9
Lab Report #8
Lab Report #8 This week in financial Crime Lab Report #8 This week in financial Crime Lab Report #8 – This week in financial Crime This week’s pattern was one of regulators and law enforcement reaching into the connective tissue of financial crime – the infrastructure that makes industrial offending possible, rather than the offending […]
Focus on Synthetic Data: You can’t kid a kidder, but can you fake a fraud..?
What makes a fake fraud transaction useful? As fraud remains a rare event in most datasets, organisations increasingly rely on fake or synthetic data to train AI detection models. This article examines the risks and opportunities of synthetic fraud generation, explaining why a fake transaction that looks real is not necessarily effective at improving fraud detection. Exploring new research and practical implications for model governance, it offers insights for fraud, financial crime, compliance, risk, and AI professionals.
Financial Crime Has Always Been a National Security Issue. The Problem Is We Forgot.
Financial crime has been a national security issue for over a decade. Explore why institutional memory matters in fraud prevention, AML, and financial crime strategy.
April in Financial Crime: The Month Enforcement Started Dismantling the Architecture
April in Financial Crime: The Month Enforcement Started Dismantling the Architecture April in Financial Crime: The Month Enforcement Started Dismantling the Architecture April in Financial Crime: The Month Enforcement Started Dismantling the Architecture For most of the last decade, financial crime enforcement has functioned as a treadmill. Investigators arrest the operators, prosecutors charge the executors, […]
What are your real chances of being scammed in the UK?
What are your real chances of being scammed in the UK? What are your real chances of being scammed in the UK? What are your real chances of being scammed in the UK? Most people believe fraud happens to other people. The careless ones, the elderly, the ones who “don’t understand technology.” Statistically speaking, that […]
Procedural Injustice: The Hidden Cost of Fraud Controls
Procedural Injustice: The Hidden Cost of Fraud Controls Procedural Injustice: The Hidden Cost of Fraud Controls Procedural Injustice: A little while ago, I did a podcast with Chris Ward for the CCMA | Contact Centre Management Association (You can find out more info or take a listen here). Part of our conversation was about the […]
AI Credibility & The Loudest Lie
AI Credibility: AI doesn’t verify facts, it predicts plausibility. Why misinformation feedback loops matter for fraud, risk, and financial crime decision-making.
Podcast: Harm without violence.
New Podcast: In episode one of SCAM: Financial Crime by Design, criminologist Dr Nicola Harding explores how fraud causes harm without violence, why financial crime is misunderstood, and how trust, behaviour, and system design shape modern scams.