Refinitiv teams up with The Sentry to combat criminals in Africa abusing the financial...
Market data and infrastructure provider Refinitiv has teamed up with investigative and policy team The Sentry to help prevent African war criminals and their business networks from abusing the international financial system.
FinCEN slams Capital One with $390m fine for “egregious” AML breaches
FinCEN has fined Capital One with a $390m civil money penalty for engaging in both wilful and negligent violations of the Bank Secrecy Act.
Tier1 Financial Solutions acquires financial crime prevention company Alessa
Client relationship management solution developer Tier1 Financial Solutions has acquired compliance and financial crime prevention company Alessa.
HMRC publishes list of companies fined over $23.8m in total for breaching money laundering...
HM Revenue and Customs has named and shamed businesses that have been fined a total of more than £23.8m for breaking money laundering laws.
What are compliance teams worried about in 2021?
From cybersecurity woes and risk management concerns, compliance professionals have a plethora of issues to worry about in 2021, according to new research.
Starling Bank CEO criticises government for not including fraud in new bill to avoid...
Starling Bank's CEO and founder Anne Boden has criticised the UK government for failing to include financial fraud in the Online Harms Bill, arguing it will lead to more "heart-breaking stories".
HSBC taps Silent Eight for multi-year compliance deal to fight fraud
Having closed a $15m funding round in October, Silent Eight has kicked off 2021 by inking a multi-year partnership with HSBC.
The Bank of Jamaica explores changes to electronic payment regulations
The Bank of Jamaica is reportedly exploring regulatory framework for electronic payment service providers and is looking for industry proposals by January 15 2021.
Sigma Ratings welcomes new US anti-money laundering law
Following the intense scrutiny of the FinCEN Files, US lawmakers have introduced new legislation to fight money laundering.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
