US authorities seize millions in bitcoin linked to terrorism financing
The US justice department has announced that American authorities have seized millions of dollars in cryptocurrency linked to online terrorist financing campaigns involving Hamas, al-Qaeda and ISIS.
Neuro-ID secures $7m Series A funding round
Behaviour-as-a-Service company Neuro-ID has bagged $7m in a Series A funding round led by Fin VC and TTV Capital.
NatWest could face £340m fine following money laundering neglect
NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.
What are the key developing trends for AML compliance in 2022?
A recent report from Alessa by Tier1 Financial Solutions has underlined the key trends to watch out for in AML compliance in 2022.
Why the global risk from money laundering is growing
With the world becoming ever more connected and linked in an unlimited number of ways, money laundering is continuing to grow in presence and stature.
EU’s finance commissioner promises to introduce new cryptocurrency laws in response to Libra
Facebook’s cryptocurrency may be facing more regulatory supervision as the EU’s finance commissioner has pledged to introduce new law proposals for digital money.
The Financial Action Task Force gives Norway’s anti-money laundering efforts a thumbs up
From: RegTech Analyst Norway has been hard at work since 2014 to ensure it has a robust system in place to prevent money laundering and...
How KYC Portal became a leader in the client onboarding market
KYC Portal may have started as a side project, but its massive success has made it into a leader in the client onboarding market.
Why indó’s founders aim to create “the least powerful bank in the world”
On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.
Financial institutions struggle with money laundering and Covid-19 is making matters worse
Banks struggle to detect money laundering and Covid-19 is making the situation worse, according to new research from BAE System.