Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported Thursday (Feb. 20). The Swiss Financial Market Supervisory Authority (FINMA) released a negative report stating...
Today in the payments news roundup, Stripe announced the creation of a corporate card. Also, some users of WePay can now get faster deposits to their JPMorgan Chase bank accounts. And Domino’s has invested in voice-based solutions to connect with diners. Inside Domino’s Data Strategy for Driving...
Swiss startup Liquineq believes it can disrupt banking by safely and securely processing transactions within seconds using blockchain. But its aim is not to replace banks. Instead, Liquineq wants to use local banking partners to manage solutions, with local currency and funds held by the...
November 02, 2022
The Swiss Financial Market Supervisory Authority (FINMA) is extending the scope of its anti-money laundering (AML) ordinance to cover cryptocurrency assets. The adjusted regulations, which will come into effect Jan. 1, 2023, mean that customers will have to prove their identity if they make transactions that total 1,000 Swiss francs (about $1,003) or more during […]
February 20, 2020
Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported...
August 08, 2018
Swiss startup Liquineq believes it can disrupt banking by safely and securely processing transactions within seconds using blockchain. But its aim is not to replace banks. Instead, Liquineq wants to...
