August 04, 2022
NEW REPORT: Supporting Resilient Growth While Navigating Black Swan Events

Managing global risk has become more complicated than ever. Risk managers must not only confront issues of maintaining global regulatory compliance concerning anti-money laundering (AML) and know your customer (KYC)...

August 03, 2022
Synctera Launches Compliance Program Ground Control

FinTech platform Synctera has launched Ground Control, a banking and compliance program designed to help creators of financial products ensure they are meeting banking and financial regulatory obligations. Ground Control...

August 03, 2022
Compliance Complexities Hamper Growth at Fledgling FinTechs

Eric Greenstein, product manager of compliance and fraud at Modern Treasury, told PYMNTS that the rules of anti-money laundering (AML) and the Bank Secrecy Act can be boiled down to...

August 02, 2022
Today in Crypto: Singapore’s Central Bank Weighs Stablecoin Regulations in...

The Monetary Authority of Singapore (MAS) is looking at how to regulate stablecoins, a release from the agency said. The bank says it’s considering the merits of a regulatory system...

August 02, 2022
Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop...

Robinhood, the popular brokerage app, will lay off about 23% of its staff as customers slow down trading, The Wall Street Journal (WSJ) wrote Tuesday (Aug. 2). This is the...

August 02, 2022
Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations

The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of anti-money laundering (AML) and cybersecurity...

August 02, 2022
ECB: CBDC Could Be ‘Holy Grail’ for Cross-Border Payments

A central bank digital currency (CBDC) could be the “holy grail” for cross-border payments, offering a solution that is “immediate, cheap, universal in terms of reach, and settled in a...

July 28, 2022
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects

Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity fund that will back “projects...

July 28, 2022
Hackers Force a $4B Question: Can DeFi Ever Be Safe?

Yet another decentralized lending and algorithmic stablecoin protocol was hacked yesterday, with $3.5 million stolen from its treasury via what appears for now to be a one-off exploit. As a...