418 articles tagged with this keyword
News/regulation
During a Senate inquiry into “Australia as a Technology and Finance Centre” representatives from three fintech firms criticised Australian banks for their ‘de-banking’ practices, which tend to hit those involved in the crypto sector particularly hard.
10 September 2021
News/people
Fiat-to-crypto trading platform Binance has today announced the appointment of Richard Teng – former chief executive officer (CEO) of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM) – as its new CEO, Singapore.
23 August 2021
Brian Brooks has quit as the US CEO of troubled crypto exchange Binance just four months into the job, citing "differences over strategic direction".
06 August 2021
News/crypto
The European Commission is to extend anti-money laundering rules to the entire crypto sector as part of a wider overhaul of financial crime safeguards.
20 July 2021
The UK's retail banks have been issued a warning by the Financial Conduct Authority about weaknesses surrounding their financial crime controls.
14 July 2021
UK police have made the UK’s largest cryptocurrency seizure worth nearly £180 million, topping a £114 million confiscation made just two weeks ago.
13 July 2021
News/crime
Financial crime fighting platform Quantexa has has raised $153M in Series D funding from Warburg Pincus and a group of blue-chip investors.
UK police have seized £114 million in cryptocurrency as part of a money laundering investigation.
25 June 2021
The former chairman of a UK group that represents the payment services industry has been convicted of complicity in the laundering of the proceeds of an investment fraud worth £850,000 and involving more than 60 victims.
A new report by LexisNexis Risk Solutions has found that increased AML regulations, more so than criminal threats, are intensifying compliance costs for UK financial institutions.
18 June 2021
Cryptocurrency compliance and risk management platform TRM Labs has closed a $14 Million Series A funding round.
Sentinels, the Dutch startup behind an AI-powered transaction monitoring system, has raised EUR5.7 million in a seed funding round.
03 June 2021
News/security
Fraudio, a Dutch startup that has developed a cloud-native centralised AI-powered payment fraud detection system, has raised $3.3 million in seed funding.
28 May 2021
German financial regulator BaFin has ordered mobile bank N26 to fix problems with its IT monitoring and customer due diligence to prevent money laundering and terrorist financing.
12 May 2021
Compliance technology and data analytics firm SteelEye is tackling market abuse and communications monitoring with new lexicon technology.
26 April 2021
ABN Amro and Rabobank are working with research outfit TNO to test technology that lets banks share data used for detecting financial crime while still respecting clients' privacy.
07 April 2021
News/payments
The European Council recently backed the creation of an integrated and instant system for retail payments, interoperable across all EU member states.
01 April 2021
Elucidate, the Berlin-based financial crime risk quantification agency, has raised €2.5 million in a pre-Series-A funding round led by Frontline Ventures.
09 March 2021
Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.
26 January 2021
The European Commission and European Central Bank are working together to investigate the policy, legal and technical questions emerging from a possible introduction of a digital euro.
20 January 2021
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