MONEYVAL: Cyprus is not doing enough to combat money laundering
The Council of Europe’s anti-money laundering (AML) body MONEYVAL has urged Cyprus to be more aggressive in its efforts to combat criminal transactions.
Singapore-based CredoLab has teamed up with iovation in the fight against credit fraud
Alternative credit scoring FinTech CredoLab has signed a partnership with iovation, the reputation insights company specializing in device-based fraud detection, to fight credit fraud.
NatWest uses Featurespace’s tech to fight financial fraud
Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.
FinCEN slams Capital One with $390m fine for “egregious” AML breaches
FinCEN has fined Capital One with a $390m civil money penalty for engaging in both wilful and negligent violations of the Bank Secrecy Act.
Jumio Go is a new tool to verify identities in a smooth way
After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.
This is what you need to know about 6AMLD – the EU’s new money...
By this time next year the EU will have enforced a new law to fight money laundering. Are you ready?
Why automating identity verification for onboarding is imperative
The automatic verification of someone’s ID is undoubtedly the first building block in the onboarding process of a digital customer. However, what is needed in this process and what should you be looking for in a tool?
Finance ministers set to agree on new EU anti-money laundering authority recommendations by Thursday
From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.
EBA calls on FIs to ensure sanctions compliance against Russia
The European Banking Authority (EBA) has asked financial institutions to make sure they remain compliant with sanctions against Russia.
Saudi Riyad Bank has launched a $26.7m programme to support FinTech startups
Riyad Bank has launched a new programme to establish strategic partnerships with entrepreneurs and technology companies in the finance sector. The Saudi bank’s new programme...