Why transaction monitoring for crypto firms is imperative
As cryptocurrency continues to become a staple in mainstream financial life, the voices around its regulation are getting louder.
kevin. appoints Sentinels to handle transaction monitoring compliance
RegTech firm Sentinels has been appointed by payments FinTech kevin. to handle transaction monitoring compliance for the company.
How to bolster transaction monitoring for FinTechs
There is no doubt FinTech is a booming industry. The sector, according to Statista, is expected to grow at an average rate of 12% to reach a value of €188bn by 2024. This makes transaction monitoring a hot-button issue going forward.
Sentinels selected by Dutch neobank Brand New Day
Sentinels, a transaction monitoring and client risk management platform, has been selected by Netherlands-based neobank Brand New Day to scale its anti-money laundering (AML) controls.
Liberty City Ventures backs Solidus Labs in $45m round
Solidus Labs, a provider of crypto-native risk monitoring and market surveillance, has raised $45m in Series B funding led by Liberty City Ventures.
Westpac hit with $40m fine for charging fees to the deceased
Australian bank Westpac has been fined $40m after it was founded to have charged fees to over 11,800 deceased individuals.
Hawk:AI and Weavr to deliver risk management for embedded finance
Hawk AI, Germany-based software provider of anti-money laundering surveillance technology for banks, payment firms and FinTechs, has partnered with Weavr to deliver contextual risk management for embedded finance.
Bank of Canada and MIT collaborate on CBDC project
The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).
How financial institutions can remain compliant in the face of Russian sanctions
As the fighting between Russia and Ukraine forces continue, national governments globally are increasingly imposing severe sanctions on Russia and its financial sector.
SEC charges sibling fraudsters for $124m crypto fraud operation
The Securities and Exchange Commission (SEC) has charged siblings John and Tina Barksdale with defrauding thousands of retail investors out of over $124m.
