Money Laundering

1137 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Crypto ATMs the target of continued FCA crackdown

/regulation

Crypto ATMs the target of continued FCA crackdown

The Financial Conduct Authority (FCA) has been working alongside the South West Regional Organised Crime Unit in Yorkshire, the Humber Regional Organised Crime Unit, and the Nottinghamshire Police Force to continue its crackdown on unregistered crypto ATMs.

ECEX ensures AML compliance with facial recognition at currency exchage machines

/regulation

ECEX ensures AML compliance with facial recognition at currency exchage machines

Currency exchange machines featuring facial recognition technology have been installed in a variety of airports and travel hubs across Europe in a bid to clamp down on money laundering.

/crime

VigiPay of Nigeria selects ThetaRay for AML monitoring

VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial crime risks.

/people

Seon aims for US growth with new CRO hire

FinCrime prevention technology expert, SEON, has added considerable expertise to its ranks with the hire of new Chief Revenue Officer (CRO), Matt DeLauro.

/people

Napier commits to French speaking Europe

Global AML technology specialist Napier has appointed French native Charles Duport in a move designed to better serve its existing and new customers in France, Benelux and Switzerland.

Financial watchdog puts banks on alert over money laundering via the Post Office

/regulation

Financial watchdog puts banks on alert over money laundering via the Post Office

The UK's Financial Conduct Authority has outlined measures to reduce the risk of money laundering via the Post Office, as more banks quit the high street and hand over the handling of cash services to the postal service.

EU Parliament votes for new crypto rules

/crypto

EU Parliament votes for new crypto rules

The European Parliament has overwhelmingly voted in favour of the Markets in Crypto-Assets (MiCA) crypto licensing regulations.

/crime

Nice Actimize ships Suspicious Activity Monitoring module

NICE Actimize, a NICE (NASDAQ: NICE) business, today announced the launch of its breakthrough Suspicious Activity Monitoring (SAM-10) solution.

EML Payments CEO out as firm considers sale

/people

EML Payments CEO out as firm considers sale

Australia's EML Payments has parted ways with its CEO after less than a year and initiated a strategic review that could lead to a sell off, as it struggles to placate the Central Bank of Ireland over anti-money laundering deficiencies at its Irish subsidiary.

US says crooks using DeFi to launder illicit proceeds

/crime

US says crooks using DeFi to launder illicit proceeds

North Korea, cybercriminals, ransomware attackers, thieves, and scammers are using DeFi services to transfer and launder their illicit proceeds, according to the US government.

/crime

Finance Incorporated selects ThetaRay transaction monitoring tech

Finance Incorporated Limited, a gateway provider of electronic money services, announced today it has selected ThetaRay AI-powered transaction monitoring technology to further strengthen its AML framework and grow business alongside increasing volumes of transaction data.

Regtech Fourthline scores €50 million funding round

/regulation

Regtech Fourthline scores €50 million funding round

European Regtech Fourthline has raised €50m from Finch Capital and other new and previous investors.

UK Home Secretary Suella Braverman launches economic crime plan

/crime

UK Home Secretary Suella Braverman launches economic crime plan

Home Secretary Suella Braverman announced the second part of the UK Government’s economic crime plan at the Economic Crime Congress this week.

/payments

Blockchain payments network Zone adopts ThetaRay to screen transactions

Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.

/crime

Encompass named founding member of Data and Technology for Compliance Alliance

Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has been named as a founding member of the Data and Technology for Compliance (DT4C) Alliance, formed to provide a leading voice in the fight against financial crime.

/people

Amlyze hires former head of money laundering at the Bank of Lithuania

AMLYZE, a fast-developing RegTech startup that helps fintechs, crypto businesses, banks, and other regulated entities to fight against financial crime, is strengthening its team with anti-money laundering expert Eglė Kontautaitė, former Head of the Money Laundering Prevention Division at the Bank of Lithuania.

/security

Hashkey and Slowmist partner for digital assets play

HashKey Group and SlowMist are pleased to announce a strategic partnership to collaborate on digital asset ecosystem security, anti-money laundering for digital assets, cutting-edge security technology research, and other technology fields.

FCA takes aim at payment firms over 'unacceptable' risks

/regulation

FCA takes aim at payment firms over 'unacceptable' risks

The Financial Conduct Authority has written to nearly 300 payment companies warning that it will shut them down if they do not take prompt action to address "unacceptable" risks to consumers and financial system integrity.

/crime

Noda chooses ThetaRay to monitor open banking services

Noda, an open banking fintech, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to enhance payment monitoring and compliance capabilities on Noda’s growing platform that is supporting the new digital economy in Europe.

/regulation

UK-based KYB platform Detected launches in the US

London-founded fintech Detected has announced its expansion into the US market. The company, which provides a global end to end KYB platform, has established a US entity to better serve its American clients.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept