July 07, 2022
Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI;...

In today’s FinTech news, Korea gets its first crypto bank while Singapore awards a major payment institution license. Plus, B2B buy now, pay later (BNPL) options can help close the...

July 07, 2022
AML Software Firm Lucinity Raises $17M

Anti-money laundering (AML) software maker Lucinity has raised $17 million in a Series B round, the Icelandic company announced Thursday (July 7). Founder and CEO Gudmundur Kristjansson said in a...

July 07, 2022
Starling Bank Unveils Bills Manager Feature for SMBs

Starling Bank debuted Bills Manager, a new feature that will help small businesses and sole trader account customers streamline their finances, according to a Wednesday (July 6) company press release....

July 07, 2022
Money Mobility Tracker: Adopting Security, AML, Anti-Fraud Measures

Figuring out the best way to maximize money mobility is the goal in today’s digital-first economy, but digital banking’s vulnerability to bad actors has made fraud a pervasive threat to...

July 07, 2022
Fed, FinCEN, OCC Urge Banks to Take More Measured Approach...

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), the National Credit Union Administration, and the Office of the...

July 07, 2022
As Crypto Spirals, Experts Make the Case for Slower, Safer...

If you ask executives and investors in the blockchain and cryptocurrency industries to describe the current state of regulation, you’d hear things like “desperately needed” and “way overdue.” Given one...

July 06, 2022
Crypto Regulation Weekly: EU’s Landmark MiCA Legislation Hits Stablecoins Hard

The European Parliament and European Commission wrapped up negotiations on the EU’s landmark Markets in Crypto Assets (MiCA) regulation bill. It’s taken four years and more than a few fights...

July 06, 2022
Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin

The trade group UK Finance recently published its annual fraud report, and the picture isn’t pretty for British consumers. Financial fraud in the country rose by 39% between 2020 and...

July 06, 2022
PYMNTS AM Radar: Grubhub Prime Perk; Chapter 11; Bring on...

Today is Wednesday (July 6) and gas prices have fallen for 21 consecutive days, with the national average today at $4.78, according to AAA. The Institute for Supply Management releases its...