Officials in Europe are launching an authority to combat money laundering and terrorism financing. Known as ALMA, the group will have “direct and indirect supervisory powers over...
Changpeng Zhao, the co-founder of cryptocurrency exchange Binance Holdings, is reportedly facing legal restrictions that prevent him from returning to his home in the United Arab...
Changpeng Zhao, founder and CEO of Binance, the world’s largest cryptocurrency exchange, has reportedly agreed to step down and plead guilty to violating criminal U.S....
FinTech company Jack Henry has introduced a new tool to help banks combat fraud. The firm’s Financial Crimes Defender, announced Monday (Oct. 16), is a cloud-native, real-time fraud...
WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts. The new artificial intelligence (AI)...
DWS Investment Management Americas is facing two separate enforcement actions from the Securities and Exchange Commission (SEC). The SEC said in a news release Monday (Sept....
Strise has raised $10.8 million to bring its anti-money laundering technology to new markets. London-based venture capital firm Atomico, which led the Series A round, announced the...
TD Bank has disclosed that it is cooperating with inquiries from regulators and law enforcement regarding its compliance with anti-money laundering rules. The bank made this...
Title insurers and others may soon be required to report the identities of the beneficial owners of companies that pay cash for real estate. The U.S....