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...
Pilatus Bank owner Ali Sadr Hasheminejad found guilty of breaching US sanctions on Iran
Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.
Financial frauds and payment trends to look out for right now
The coronavirus has raised the risk of financial fraud across the world. Now, Featurespace, a Cambridge-based company that uses AI to detect fraud for banks and retailers, has listed the top ones to look out for right now.
Money laundering fine and Covid-19 cause 66% profit free fall for Westpac
The trials of the coronavirus pandemic and the $910m fine for breaking Australia's money laundering laws have caused a 66% drop in Westpac's profits.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
Security and fraud detection trends to watch out for in 2022
In an age where more and more people are moving online spurred by pandemic restrictions, the importance of security and fraud detection is expanding dramatically.
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?
FCA fines AI Rayan Bank £4m for AML failings
The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.
Arctic Intelligence introduces free trial for AML Accelerate platform
Arctic Intelligence, a leader in RegTech solutions, has recently unveiled a 14-day obligation-free trial of its acclaimed AML Accelerate platform.
The government issues new plan restore trust in Australia’s finance sector
The Royal Commission revealed serious ethical faults in the Australian finance sector. Now the government has revealed how it plans to fix them.