Latest Financial Crime News: Finextra Research

UK cops make record crypto haul in money laundering investigation

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

/crime

Quantexa eyes acquisition opportunities on $153 million fund raise

Financial crime fighting platform Quantexa has has raised $153M in Series D funding from Warburg Pincus and a group of blue-chip investors.

13 July 2021

/crime

Misleading crypto ads to be targeted by UK watchdog

The UK's Advertising Standards Authority (ASA) is set to issue a crackdown on misleading cryptocurrency advertisements.

09 July 2021

/crime

HSBC joins UAE KYC Blockchain platform

HSBC has signed on as the fourth founding member bank of a blockchain-based KYC data sharing coalition in the UAE.

01 July 2021

/crime

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

29 June 2021

/crime

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

28 June 2021

/crime

Anti-money laundering expert convicted of money laundering

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.

25 June 2021

/crime

CBDCs can protect privacy and still tackle crime - BofE's fintech chief

The introduction of a central bank digital currency does not necessarily require a tradeoff between privacy and tackling financial crime, according to the Bank of England's fintech chief.

22 June 2021

/crime

PayPal doubles down on crypto-compliance platform TRM Labs

Cryptocurrency compliance and risk management platform TRM Labs has closed a $14 Million Series A funding round.

18 June 2021

/crime

ComplyAdvantage scores $20 million top-up from Goldman Sachs

AI-based financial crime detection startup ComplyAdvantage has extended its Series C round to $70 million, with a $20 million top-up from Goldman Sachs.

20 May 2021

/crime

ThetaRay moves to the cloud on $31 million fund raise

ThetaRay, the Isralei fintech that enables banks to monitor payment traffic to sniff out money laundering risks, has completed a $31 million fundraising round.

20 May 2021

/crime

Coalition urges UK government to add scams to Online Safety Bill

UK Finance, Which?, and City of London Police are among a host of organisations to sign on to a letter calling for the government to include online scams in its new 'Online Safety' bill.

07 May 2021

Latest news