Natwest faces money laundering charges by FCA over cash deposits
The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group PLC alleging that the company failed to follow anti-money-laundering regulations.
Industry responses to the US’ new Anti-Money Laundering Act 2020
The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.
This new...
European Banking Authority publishes opinion on risks of money laundering and terrorist financing
The European Banking Authority (EBA) has outlined the risks of money laundering and terrorist financing impacting the European Union’s financial sector.
Quantifind releases Chinese language support for its Graphyte platform
Quantifind, which has built a SaaS solution used by banks to automate name screening and financial crimes investigations, has launched Chinese language support for...
It’s time to rethink risk management – Sigma Ratings
As the number of money laundering and financial crime cases keep growing, Sigma Ratings argues that it is time for financial services firms to rethink risk management.
270 service deposit addresses drive more than half of cryptocurrency money laundering
More than half of the world's cryptocurrency money laundering is made through 270 service deposit addresses, according to new research.
TruNarrative releases new TruPortal feature to support KYC and AML needs
TruNarrative has released TruPortal, a new know your customer (KYC) and anti-money laundering (AML) solution designed for low-volume users.
Eurobank moves to comply with new money laundering rules with FICO
In response to the EU's new money laundering regulations, Greek Eurobank has expanded its partnership with FICO to comply with the law.
Money laundering rules in Hong Kong are about to get stricter
A Hong Kong regulator is about to make the region's money laundering rules even stricter to prevent illicit funds from flowing out of mainland China.
What do these 36 FinTech rounds raised in the last week reveal about the...
WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days.
