449 articles tagged with this keyword
News/crime
Fines for anti-money laundering (AML) failings by regulated institutions were five times higher in 2020 than 2019, totalling $2.2 billion.
14 December 2021
News/crypto
Blockchain intelligence platform TRM Labs has raised $60 million in a Series B funding round joined by a host of big-name firms, including Visa, Amex Ventures, Citi Ventures, PayPal Ventures, and Block (formerly Square).
07 December 2021
News/regulation
Shares in EML Payments soared more than 30% on Thursday after its Irish subsidiary was given the green light by the Central Bank of Ireland to again start signing up new customers and launch new programmes
25 November 2021
Having both been put under the cosh by financial regulators, Binance and Ripple have now outlined their visions for how the crypto industry should be governed.
16 November 2021
In a blog post to customers, N26 has sought to gloss over a move by Germany's financial regulator, BaFin, to impose a temporary cap on the number of new customers the digital challenger is allowed to onboard each month.
21 October 2021
News/Sibos
On day two of Sibos 2021, representatives from Swift, Deutsche Bank, Société Générale and C3.AI took to the virtual stage to explore how collaboration and establishing a community between banks can support the deployment of artificial intelligence (AI) at scale.
12 October 2021
NatWest has pleaded to guilty to three offences under money laundering regulations that led to almost £400 million in payments from a single customer being washed through the bank.
07 October 2021
The Monetary Authority of Singapore (MAS) is building a digital platform that lets banks share information on customers and transactions in order to tackle money laundering, terrorism financing and proliferation financing.
05 October 2021
German digital bank N26 has been fined €4.25 million by BaFin over lax money laundering controls.
29 September 2021
The Cambridge Centre for Alternative Finance (CCAF), World Bank and World Economic Forum are calling on fintechs to participate in data collection for the group’s Global Covid-19 FinTech Market Impact & Industry Resilience Study before its October deadline.
20 September 2021
Coinfirm, a regtech targeting digital currencies and blockchain-based finance, has raised $8 million in funding and appointed industry veteran Mircea Mihaescu as CEO.
17 September 2021
During a Senate inquiry into “Australia as a Technology and Finance Centre” representatives from three fintech firms criticised Australian banks for their ‘de-banking’ practices, which tend to hit those involved in the crypto sector particularly hard.
10 September 2021
News/people
Fiat-to-crypto trading platform Binance has today announced the appointment of Richard Teng – former chief executive officer (CEO) of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM) – as its new CEO, Singapore.
23 August 2021
Brian Brooks has quit as the US CEO of troubled crypto exchange Binance just four months into the job, citing "differences over strategic direction".
06 August 2021
The European Commission is to extend anti-money laundering rules to the entire crypto sector as part of a wider overhaul of financial crime safeguards.
20 July 2021
The UK's retail banks have been issued a warning by the Financial Conduct Authority about weaknesses surrounding their financial crime controls.
14 July 2021
UK police have made the UK’s largest cryptocurrency seizure worth nearly £180 million, topping a £114 million confiscation made just two weeks ago.
13 July 2021
Financial crime fighting platform Quantexa has has raised $153M in Series D funding from Warburg Pincus and a group of blue-chip investors.
UK police have seized £114 million in cryptocurrency as part of a money laundering investigation.
25 June 2021
The former chairman of a UK group that represents the payment services industry has been convicted of complicity in the laundering of the proceeds of an investment fraud worth £850,000 and involving more than 60 victims.
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