Deal Updates

In today’s interconnected trade environment, tariffs have moved beyond mere instruments of policy negotiation to become disruptive forces capable of destabilising global business operations.

Block, the financial services firm behind the popular peer-to-peer payments platform Cash App, has been fined $40m by the New York State DFS for significant AML and virtual currency compliance failures.

KYC Portal has launched KYCP as a Managed Service, a new offering aimed at helping organisations reduce the costs and complexity of managing compliance processes.

Money laundering remains a significant threat to financial systems worldwide, not only as a crime in itself but also as a key enabler of serious criminal activities such as drug trafficking, human smuggling, and terrorism. Consequently, it is critical for all businesses handling substantial sums of money to implement robust AML procedures.

Businesses and technology firms across the UK are losing an average of £70m each year due to inefficiencies and disruption within the money lifecycle, according to new research by global FinTech leader FIS, in partnership with Oxford Economics.

Ushur, a company specialising in Customer Experience Automation (CXA) for regulated industries, has renewed its HITRUST r2 certification, reinforcing its commitment to information security...

Tracera, a pioneering AI-powered platform, has announced a significant financial boost with its latest $12m Series A funding round.

The integration of Artificial Intelligence (AI) in financial crime compliance (FCC) operations is revolutionizing the banking sector. As of the Celent Dimensions Survey 2025, which involved 232 risk and compliance executives, AI for efficiency has emerged as the top priority for IT investment.

Responsible AI encompasses the ethical development and application of artificial intelligence, prioritizing transparency, fairness, and legality across its operations. For the financial sector, this means deploying AI technologies that are not only efficient but also equitable and devoid of biases, ensuring that individual rights are respected throughout their lifecycle.

The Financial Crimes Enforcement Network (FinCEN) has recently issued a pivotal final rule that mandates registered investment advisers (RIAs) and exempt reporting advisers (ERAs)...