How is cryptocurrency changing money laundering?

The cryptocurrency market is booming. With new technologies and new products launching on the market, the industry is seemingly going from strength to strength. With new technologies, however, come new challenges. How is the industry changing money laundering?

New coronavirus-related phone scam revealed

After several cybersecurity companies and government bodies have warned that the spread of the coronavirus has increased the number of cybsersecurity threats, criminals have now started to use phones in their scams.

How does KYC differ from perpetual KYC?

In a world where financial crime and money laundering are becoming ever more common and widespread, the need to have strong and regular KYC checks has become imperative.

Payment company eftpos is planing to launch ?smoother, faster and more secure onboarding experience?

The global mobile digital identity market could be worth $7bn by 2024. So it seemingly no mystery to why eftpos might want to get in on the action.

BNM teams with banks, law enforcement agencies to combat financial fraud

Bank Negara Malaysia (BNM) has teamed with a number of key stakeholders in the financial industry and legal world to take on financial fraud and scams.

Starling Bank CEO responds to Bounce Back Loan criticism from rejected would-be loan takers

Several small business owners have criticised Starling Bank for its handling of the governmental coronavirus relief loans scheme and now the challenger bank founder has responded to the criticism.

Gecko lands $1m for Blockchain-based compliance solution

Gecko Governance, the developer of the world first Blockchain solution for financial services regulatory compliance, has raised $1m in seed financing.

How Arctic Intelligence went from being a side hustle to leading the Australian RegTech...

From working at his dinner table to being named a leader of Australia RegTech industry, Anthony Quinn has come a long way since launching Arctic Intelligence in 2015.

Open Banking picks Contego for ID checking

Contego, a UK-based RegTech and compliance specialist, has been picked by The Open Banking Implementation Entity to run ID checks and verify users. The...

The European Commission is investigating Visa on how it treats FinTech companies

Visa is being investigated by the European Commission in regards to how it treats FinTech companies in its network.

News Stories

Brookfield-reinsurance-argo-group-definitive-merger-agreement-all-cash-transaction-insurance-acquisition

Brookfield Reinsurance to acquire Argo Group

Brookfield Reinsurance and Argo Group International Holding have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1bn.
BIS

BIS Innovation Hub launches new stablecoin, CBDC programs

The BIS Innovation Hub has unveiled its 2023 work program, which involves projects on areas such as CBDC, DeFi and stablecoins.  
Struggling Brits eager for tailored support during cost-of-living crisis

Struggling Brits eager for tailored support during cost-of-living crisis

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.
Carbonplace

Group of banks invest $45m in Carbonplace

A group of nine banks have invested $45m into Carbonplace, a global DLT-based carbon credit transaction network.
top 10 deals in Indonesia 2022 chart

Just five deals accounted for 56% of FinTech investment in Indonesia during 2022

Key Indonesian FinTech Statistics in 2022: • Indonesian FinTech companies raised $2.5bn in 2022, a 56% increase from 2021 • Overall, there were 79 FinTech deals...

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