Tag: Department of Justice

Anti-money laundering compliance is no longer a back-office obligation that can be handled with static rules and periodic reviews. Financial crime rarely signals its...

As prediction markets move steadily into the mainstream, compliance teams and regulators are facing a deceptively simple but increasingly urgent question: who is actually...

As the industry heads into the summer conference season, the mood among anti-money laundering (AML), fraud, and regulatory risk professionals is one of cautious...

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.

Four individuals have been charged with conspiring to deceive banks and credit card companies to process over $150m in fraudulent payments.

The US Department of Justice has announced Credit Karma must divest its tax business to Square, if it wishes to complete its $7.1bn acquisition by Intuit.

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.

Visa bought Plaid January in a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the deal.

The US Department of Justice (DoJ) has reportedly bolstered its investigation into Deutsche Bank’s involvement in last year’s Danske Bank money laundering scandal.