Banks should not learn the wrong lessons, however

A third of banking CIOs consider digital to be the top business priority for 2019

Recognizing that innovation within the private sector can help financial services organizations better identify and report criminal financial activity

Financial leaders have high hopes for open banking

Bad actors only need to identify, infiltrate and take advantage of the weakest link in the financial services chain

The fall will be the busiest season in years in the M&A sector for banks

Survey also finds fewer than half of bank employees know what conduct and ethics controls are in place

“Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability”

The cost of fraud isn’t limited to the loss itself

Canada is a hotbed of money laundering crime in the same league as China, Iran, Paraguay