$36bn in non-compliance with anti-money laundering, due diligence and sanctions regulations were issued in...
Financial firms around the world were ordered to pay $36bn in total due to failing to comply with legislation set up to prevent money laundering and fraud.
Credit Suisse’s due diligence questioned after revelations that an executive warned against a $2bn...
Credit Suisse has long claimed that it was deceived by rouge bankers when it lent $2bn in a criticised Mozambique deal.
AML360 has become the latest RegTech venture to expand across Southeast Asia
RegTech startup AML360 has revealed ambitious plans to grow acros Southeast Asia, pushing its third-party outsourcing features as one of its key services.
Neocova bags $9.5m in Series A to support digitalization of community banks
Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.
EMC Insurance to improve fraud detection with FRISS
US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.
GMO-Z.com partners with muinmos and NorthRow to boost onboarding
GMO-Z.com Trade UK, a liquidity and technology infrastructure developer, has reportedly partnered with RegTech companies muinmos PASS and NorthRow to improve its onboarding.
CipherTrace joins the X-Sight Marketplace
NICE Actimize has boosted its X-Sight Marketplace by adding CipherTrace, a cryptocurrency anti-money laundering solution.
FRISS to boost fraud protection capabilities at Snapsheet
FRISS, a fraud and risk solution developer, has partnered with insurance software platform Snapsheet.
Estonian authorities expand probe into suspected Danske Bank money laundering transactions
The Danske Bank money laundering scandal has taken another turn. The Estonian prosecutor expanded their investigation into transfers worth $2bn that were made through the Danish bank.
Australian authorities arrest members of suspected Vietnamese criminal network over money laundering charges
Drugs, guns and $5m in laundered money are some of the key ingredients in a series of arrests made by Australian authorities to break up a criminal network.
