The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an alert on October 20, 2023, aimed at assisting financial institutions in...

Francesco Fulcoli – Chief Compliance Officer and Board Member at TransferGo  The Financial Conduct Authority recently conducted an extensive review of payment account providers' systems and controls against...

If one looks inside the fintech regulatory landscape, they will see a complex web of shifting laws, regulations, and frameworks.However, many jurisdictions have an...

A woman in Arizona says her life savings of $120,000 has disappeared from her bank account – and her bank is now giving her...

FinCEN issues an alert as crypto “pig butchering” scams become increasingly sophisticated with scammers using strategies such as play-to-earn gaming to defraud victims....

Despite the excitement that surrounded original cryptocurrencies like Bitcoin, the dust eventually settled, revealing that only a few early investors got rich and many...

‘Rough Diamonds’, the recent television series that delves into the world of money laundering across Europe, depicts a world where criminals try to hide...

US banks are increasingly closing customers’ accounts and freezing withdrawals without warning, according to a new report. A growing number of people say they’re abruptly...

Artificial intelligence and machine learning have been used in the financial services industry for more than a decade, enabling enhancements that range from better...

A handful of financial institutions have made waves in international news due to lawsuits and multi-million-dollar fines. The issue is that they chose, whether...

Fraud prevention fintech SEON has acquired anti-money laundering (AML) due diligence software company Complytron in a deal today.SEON is leveraging Complytron’s expertise to...

The carousel of financial sector regulations must continuously turn to keep up with an evolving space. As new technologies come along, new threats follow....