SEC chair highlights US cryptocurrency regulation shortfalls
The Securities and Exchange Commission (SEC) chair has outlined gaps in US regulation of cryptocurrencies that could cause investor risk and financial crime concerns.
Sentinels makes first partnership with a B2B payments company
Transaction monitoring platform Sentinels has formed a deal with TerraPay, marking its first partnership with a B2B payments and remittance company.
ZenLedger capitalises on strong year of growth with a Series A close
Tax software developer ZenLedger has scored $6m in its Series A round, after recording 500% revenue growth in the past year.
Alessa whitepaper outlines key crypto know-how for financial institutions
Alessa by Tier 1 Financial Solutions has published a whitepaper detailing how financial institutions (FIs) can deal with the cryptocurrency market and manage its associated risks.
EU plans to end cryptocurrency anonymity as part of AML plan
The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.
FCA takes action on debt packaging firms following review
A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.
Research provides guide for financial services industry in reducing gambling harm
UK charity GambleAware has published a guide to help companies in the financial services market reduce gambling-related harm to customers.
ECB to examine digital euro potential through two-year investigation
The European Central Bank (ECB) has revealed it is set to begin a two-year long investigation into the possibility of launching a digital euro.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
What are the money laundering and fraud concerns around electronic funds transfers?
As more and more people rely on cashless systems to move money around, there is a pressing need to understand how electronic funds transfers (EFTs) – specifically – wire transfers and automated clearing house (ACH) transfers – could be at risk from financial crime.
