UK MPs call for sanctions and payment delays to combat fraud
UK MPs call for sanctions on banks failing to meet deadline for new account check rule and to implement 24-hour delay on payments to help combat fraud.
FSMA adds more crytpocurrency sites to its avoid list
Belgium’s Financial Services and Markets Authority (FSMA) has warned consumers of using nine cryptocurrency platforms.
Danske Bank’s profits drop as the lender deals with fallout from a massive money-laundering...
The Danish lender Danske Bank saw its shares plummet by 4.1% as it revealed that it is expecting net profits to be on the low end of its previous estimates.
Cryptocurrency fraudsters slammed with $4.25m fine
The owners of binary options company Blue Bit Banc are facing big fines for a scheme that involved the cryptocurrency ATM Coin.
The EU may set up a new anti-money laundering authority
Several huge money laundering scandals have swept across Europe over the past year. Now, the European Commission may get the power to set up an anti-money laundering (AML) body to deal with the problem.
Florida men who spent over $1m of clients money orderd to pay $2.2m fine...
Two men from Florida have been found guilty of foreign exchange fraud and are ordered to pay massive fines after spending over $1m of their clients' money on things like cars, travel and restaurants
The EBA urges the European Commission to do more to enable FinTech services to...
European FinTech is thriving. However, The European Banking Authority (EBA) believes the European Commission should do more to make it flourish across the EU.
DataVisor launches new partner programme
DataVisor, a fraud detection company, has launched its partner program to support its move into new verticals and geographies.
Datameer raises funds to support new product launch
Datameer, a data preparation and exploration solution, has secured $40m in funding to support the launch of its cloud-native self-service solution.
TTEC acquires FCR for an undisclosed amount
TTEC Holdings has acquired fellow builder of global customer experience technology FCR for an undisclosed amount.