444 articles tagged with this keyword
News/regulation
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.
05 May 2023
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.
24 April 2023
News/crypto
The European Parliament has overwhelmingly voted in favour of the Markets in Crypto-Assets (MiCA) crypto licensing regulations.
20 April 2023
News/people
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.
18 April 2023
News/crime
North Korea, cybercriminals, ransomware attackers, thieves, and scammers are using DeFi services to transfer and launder their illicit proceeds, according to the US government.
11 April 2023
European Regtech Fourthline has raised €50m from Finch Capital and other new and previous investors.
03 April 2023
Home Secretary Suella Braverman announced the second part of the UK Government’s economic crime plan at the Economic Crime Congress this week.
31 March 2023
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.
16 March 2023
News/startups
Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.
10 March 2023
German digital bank N26 has lost its third senior executive in a year, with chief risk officer Thomas Grosse leaving for personal reasons.
03 March 2023
Mizuho International, the London-based securities and investment banking arm of Japanese giant Mizuho Financial Group, is rolling out technology from SymphonyAI to help it detect financial crime.
21 February 2023
A subsidiary of embedded banking platform Railsr is being investigated by the Bank of Lithuania over concerns it has been "grossly and systematically" violating money laundering and terrorist financing laws.
17 February 2023
News/identity
Plaid has announced it will enable its identity verification and KYC solutions in Canada, to help users comply with Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) requirements.
Sikoia, a London-based unified data platform designed to simplify client onboarding and risk evaluation, has raised $6 million in seed funding.
The FCA has joined forces with West Yorkshire Police to shut down illegally-operated crypto ATMs in Leeds.
14 February 2023
Ireland's central bank has fired a shot across the bows of payment and e-money firms after finding "significant deficiencies" in the governance, risk management and control frameworks of some in the sector.
01 February 2023
Coinbase has been fined €3.33 million for providing crypto services in the Netherlands without securing registration with the country's central bank.
26 January 2023
Salv, a regtech startup startup founded by a gaggle of former Wise and Skype staffers, has raised €4 million in a seed round extension led by ffVC and joined by G+D Ventures.
New York City-based fintech startup Sandbar has launched its anti-money laundering, fraud and counter-terrorism risk detection software off the back of a $4.8 million seed round.
25 January 2023
US authorities have charged the Russian founder of Hong Kong-based crypto exchange Bitzlato, which it says was used to launder hundreds of millions of dollars in criminal proceeds from the darknet.
18 January 2023
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