The Financial Crimes Enforcement Network (FinCEN) announced that it has issued revised Geographic Targeting Orders (GTOs), which will now require U.S. title insurance companies to...
The Financial Crimes Enforcement Network said Thursday (October 4) that U.S. financial institutions are at increased risk that proceeds from Nicaragua may enter the U.S....
A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies. GFA Federal Credit Union...
The Ministry of Industry and Information Technology (MIIT) in China is seeking to double down on its efforts to make a fertile environment for blockchain...
1,500 complaints about suspicious activity per month. That’s the tally that FinCEN Director Kenneth A. Blanco told a conference last week that FinCEN, which operates as...
May 11 marked a watershed moment of sorts when, this past Friday, the final customer due diligence rule via the Financial Crimes Enforcement Network (FinCEN)...
The deadline cometh. Today (May 11) is the day the final rule, served up by the Financial Crimes Enforcement Network (FinCEN), takes effect. The CDD Rule — titled...
May 11 is basically here, with new Customer Due Diligence rules likely to send ripples, if not shockwaves, across the FI landscape. As GIACT EVP of...
Customer due diligence rules are changing via FinCEN, with a focus on identifying and monitoring beneficial owners. Trulioo GM Zac Cohen notes that the nuances...