Human Trafficking

FinCEN Head: FinTech Firms Must Follow AML Laws
FinCEN Head: FinTech Firms Must Follow AML Laws
October 22, 2019  |  AML

The head of the Financial Crimes Enforcement Network (FinCEN) has warned FinTech firms that they must abide by anti-money laundering (AML) laws. “The expectation is...

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In Fight Against Human Trafficking, FIs Turn To AI
In Fight Against Human Trafficking, FIs Turn To AI
October 01, 2018  |  Digital Banking

Seemingly legit businesses are often used to mask illicit operations banking on human trafficking, sometimes leading FIs to unwittingly support the practice. In the latest...

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TRENDING: UN On Using AI To Crack Down On Laundering, Trafficking
TRENDING: UN On Using AI To Crack Down On Laundering, Trafficking
September 28, 2018  |  Digital Banking

Recent innovations in artificial intelligence (AI) have given financial institutions (FIs) the ability to fight fraud and better serve their customers. As of late, FIs...

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