Latin American success stories and celebrities among the 29 FinTech rounds raised last week
Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.
SmartSearch U.S. has boosted its AML offering on the back of new money laundering...
RegTech company SmartSearch U.S, has improved its anti-money laundering (AML) offering on the back of Congress passing new financial crime laws in January.
Official warns too much Russian money is being laundered in the UK
One of the UK's top officials fighting money laundering has warned that a "disturbing" amount of Russian money is being funnelled through the country.
Napier to supply AML and CFT services to Australia Post
London-based intelligent compliance technology developer Napier has been chosen by Australia Post to support its anti-money laundering (AML) and counter-terrorism financing (CTF) services.
Insider dealer ordered to pay £3.9m
Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.
Why the 34 FinTech rounds raised last week paint a bittersweet picture for cybersecurity...
InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.
Financial crime investigation company Quantifind secures $22m round
Quantifind, a provider of solutions that use data science to help automate financial crimes investigations, has raised a $22m round.
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.
A Texan man charged with over $5m of Covid-19 relief fund fraud
A man from Texas has been charged under allegations of filing bank loan applications fraudulently seeking over $5m.