Tag: money laundering

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

From: RegTech Analyst In a bid to up the ante in the fight against dirty money, SmartSearch has added a new facial recognition feature to...

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.

While South Korea has established a strong legal framework to fight money laundering, the country must do more to prevent government officials from laundering the proceeds of corruption.

RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.

Beleaguered lender Swedbank has responded to a damaging report revealing that more than €37bn worth of suspicious transactions flowed through the bank between 2014 and 2019.

One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.

Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.

Cryptocurrency exchange Binance will roll out peer-to-peer (P2P) trading for Brazilian Real, Argentine Peso, Colombian Peso, Mexican Peso and Peruvian Sol just weeks after digital money was tied to crime in the region.

While the growing number of money laundering scandals have confirmed the need to protect businesses against fraud, many analysts simply rely on Google.