$36bn in non-compliance with anti-money laundering, due diligence and sanctions regulations were issued in...
Financial firms around the world were ordered to pay $36bn in total due to failing to comply with legislation set up to prevent money laundering and fraud.
Credit Suisse’s due diligence questioned after revelations that an executive warned against a $2bn...
Credit Suisse has long claimed that it was deceived by rouge bankers when it lent $2bn in a criticised Mozambique deal.
AML360 has become the latest RegTech venture to expand across Southeast Asia
RegTech startup AML360 has revealed ambitious plans to grow acros Southeast Asia, pushing its third-party outsourcing features as one of its key services.
Netki unveils improved identity verification tools at the North American Bitcoin Conference
Compliance and onboarding company Netki has announced the release of a new face-scanning tool to help businesses prevent fraud.
Estonian authorities expand probe into suspected Danske Bank money laundering transactions
The Danske Bank money laundering scandal has taken another turn. The Estonian prosecutor expanded their investigation into transfers worth $2bn that were made through the Danish bank.
Australian authorities arrest members of suspected Vietnamese criminal network over money laundering charges
Drugs, guns and $5m in laundered money are some of the key ingredients in a series of arrests made by Australian authorities to break up a criminal network.
Global money laundry fines totalled $8.14bn in 2019
From: RegTech Analyst The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup. The company found...
Crypto-wallet developer CHILDLY signs deal with Argos to boost its client onboarding and anti-money...
From: RegTech Analyst Seoul-based CHILDLY’s Dove Wallet is about to get a compliance boost thanks to a new deal with Argos, a global know your...
Australian and UK regulators team up to fight money laundering and terrorism financing
Two regulatory watchdogs in Australia and Britain have signed a memorandum of understanding (MOU) to tighten their collaboration in their fight against financial crimes.
The global transaction monitoring software market expected to be worth $26.41bn by 2026
Keeping a close eye on financial transactions has become big business and it is about to get bigger.
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