Philippine financial regulator push for stricter money laundering laws to avoid being put on...
Regulators in the Philippines are worried that they might be put on the Financial Action Task Force’s (FATF) list of countries with questionable commitments to avoid money laundering and terrorism funding.
Finance ministers set to agree on new EU anti-money laundering authority recommendations by Thursday
From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.
hawk:AI partners with PwC to help financial institutions investigate fraud
hawk:AI, a RegTech 100 company, has formed a partnership with auditing and consulting firm PwC to better help financial institutions identify and investigate money laundering.
The US department of Justice bolsters Deutsche Bank money laundering investigation
The US Department of Justice (DoJ) has reportedly bolstered its investigation into Deutsche Bank’s involvement in last year’s Danske Bank money laundering scandal.
HSBC and Santander to refund customers after breaching CMA rules
HSBC and Santander are to refund their customers after they both failed to comply with the Competition and Market Authority’s (CMA) rules.
Signicat and SurePay partner to combat payment fraud
Digital identity platform Signicat will integrate its services with SurePay’s bank account verification service under a new agreement.
Around 30% of Bó applications have been fraudulent
Bó, the new digital bank from RBS, has reportedly been hit by a wave of fraudsters during the short time it has been live.
Westpac appoints Promontory to conduct review after its massive money laundering accusation
Westpac has appointed Promontory has been appointed to conduct the external accountability and financial crime program review, following the bank’s numerous money laundering accusations.
Westpac’s chairman and CEO to step down amid AML scandal
Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.
65% of all cases filed by CFTC last year involved fraud, manipulative conduct or...
The U.S. Commodity Futures Trading Commission’s (CFTC) has released its report for the fiscal year 2019.
