Transaction Monitoring

In its mission to rebuild trust in the banking industry, Icelandic neobank indó has signed a partnership with Lucinity to bolster its anti-money laundering (AML) defences.

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

The coronavirus has not only wreaked havoc on the global economy, but also increased the risk of money laundering, fraud and cybercrime.

Cryptocurrency exchange Digitex will no longer do know your customer (KYC) checks on its users after personal data of more than 8,000 customers was recently stolen.

Cryptocurrencies are still reasonably new, meaning that every legal aspect of it is still not 100% clear. Yet, a new case might help shed some light.

The United Arab Emirates may have made efforts in recent years to prevent money laundering and terrorism financing, but it may be too little too late.

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

Australian FinTech company Frollo has launched new product to help businesses comply with new data rules as they embrace open banking.

While financial crime is a global problem, the US and European market are paying the most to prevent it.

Sweden’s RegTech scene has been slow to emerge. While its starting to wake up, it still has many challenges to overcome.