Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
Wirecard’s former CEO Markus Braun has been arrested as BaFin faces criticism for its...
Having resigned on Friday as Wirecard's CEO, Markus Braun has now been arrested on charges of inflating the company's balance sheet.
FCA slams Commerzbank London with £37.8m fine over anti-money laundering failures
The UK's top financial market watchdog has punished the London branch of Commerzbank with a £37,805,400 fine for failing to set up strong anti-money laundering (AML) measures.
SEC charges penny stock traders for Covid-19 fraud
A penny stock trader is facing fraud allegations that could see him slammed by permanent injunctions, civil money penalties, a penny stock bar, and disgorgement with prejudgment interest.
Arctic Intelligence signs up African Bank as new client
Australian RegTech leader Arctic Intelligence is going to help African Bank meet its anti-money laundering (AML) and counter financing of terrorism (CFT) targets.
Three ways the coronavirus could change RegTech
The COVID-19 pandemic has presented the RegTech community with both challenges and opportunities.
How Arctic Intelligence went from being a side hustle to leading the Australian RegTech...
From working at his dinner table to being named a leader of Australia’s RegTech industry, Anthony Quinn has come a long way since launching Arctic Intelligence in 2015.
indó formally takes a stand against money laundering with new Lucinity partnership
In its mission to rebuild trust in the banking industry, Icelandic neobank indó has signed a partnership with Lucinity to bolster its anti-money laundering (AML) defences.
How to fight financial crime related to COVID-19
The coronavirus has not only wreaked havoc on the global economy, but also increased the risk of money laundering, fraud and cybercrime.
FATF puts the UAE on notice after it failed to do enough to fight...
The United Arab Emirates may have made efforts in recent years to prevent money laundering and terrorism financing, but it may be too little too late.
