Tag: money laundering
More than four out of five anti-money laundering and customer onboarding...
While the growing number of money laundering scandals have confirmed the need to protect businesses against fraud, many analysts simply rely on Google.
Court extends period it keeping Yes Bank co-founder in custody on...
Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.
4Stop and ComplyAdvantage team up to fight the rising tide of...
The number of financial fraud attacks are on the rise, but RegTech companies 4Stop and ComplyAdvantage are hoping to fight back by partnering up.
Swedbank hires new chief risk officer to improve money laundering protection
Swedish lender Swedbank has named Rolf Marquardt as its new chief risk officer as the bank doubles down on its efforts to strengthen its anti-money laundering (AML) structures after the Danske Bank scandal.
Swedbank investigation finds potential money laundering incident
A money laundering investigation into Swedbank has found that transactions totalling around $4.8m constitute as sanction violations.
Five African nations placed on the FATF’s grey list because their...
The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.
Money launderer ordered to pay back £1.24m in dirty cash
The Crown Prosecution Service has ordered convicted money launderer Thomas ‘Tommy’ Adams to repay more than £1,24m for his part on a money laundering network.
Swedbank signs partnership with SIA to enable faster payments across Europe
The Swedish bank Swedbank has signed a partnership with payment company SIA in order to tap into its fiberoptic network infrastructure called SIAnet.
ZignSec launches new anti-money laundering product as the RegTech company views...
The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still with the fallout of a massive banking scandal.
Estonia is changing its money laundering rules for cryptocurrencies
Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.