AML

Hawk AI has partnered with Diebold Nixdorf, a leader in driving connected commerce for finance and retail, to expand the reach of the former’s AML solution.  

The biggest challenge that compliance teams face with their money laundering and terrorist financing (ML/TF) risk assessments are gathering the data and evidencing effectiveness.

Norway may have been given a thumbs up from the Financial Action Task Force (FATF), but Turkey is not as lucky as the organization outlines several failures to fight crime.

FinCEN has fined Capital One with a $390m civil money penalty for engaging in both wilful and negligent violations of the Bank Secrecy Act.

The Crown Prosecution Service has ordered convicted money launderer Thomas ‘Tommy’ Adams to repay more than £1,24m for his part on a money laundering network.

Insider thefts were the most common form of cryptocurrency theft, according to cryptocurrency tracker CipherTrace’s latest report.

Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.

Having only launched earlier this year, Allica Bank has now picked Sphonic to manage its financial crime fighting efforts

As we step into the second month of 2024, financial institutions (FIs) and regulated entities face a future that is anything but certain. Following...

Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.