Transaction Monitoring

Silent Eight, an AI-powered economic sanctions enforcement and financial crime prevention solutions, has bagged $40m in its Series B.

Italy’s data privacy watchdog has given US-based RegTech firm ClearView AI a €20m fine over controversies surrounding its facial recognition software.

As the fighting between Russia and Ukraine forces continue, national governments globally are increasingly imposing severe sanctions on Russia and its financial sector.

The Securities and Exchange Commission (SEC) has charged siblings John and Tina Barksdale with defrauding thousands of retail investors out of over $124m.

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?

The European Parliament has postponed a vote on crypto asset regulation after a leaked draft included a provision that sought to ban cryptocurrencies.

The Federal Reserve Board has proposed changes to how financial firms get access to the US Central Bank’s payment system, a report by PYMTS has revealed.

The National Bank of Pakistan has agreed to pay $55m in fines imposed on its New York branch by three US regulators.

The Bank for International Settlements (BIS) has launched a green bond fund that is dedicated to aid the financing of green projects in Asia Pacific.

Money laundering and modern slavery may not seem to have many clear connections at first glance. However, there is more than meets the eye on this topic.