Tags Money laundering

Tag: money laundering

Swedbank signs partnership with SIA to enable faster payments across Europe

The Swedish bank Swedbank has signed a partnership with payment company SIA in order to tap into its fiberoptic network infrastructure called SIAnet.

ZignSec launches new anti-money laundering product as the RegTech company views...

The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still with the fallout of a massive banking scandal.

Estonia is changing its money laundering rules for cryptocurrencies

Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.

Only 65% of estate agents think their company comply with anti-money...

From: RegTech Analyst Estate agents have admitted that they fail to follow the UK’s laws enough to prevent money laundering as well as they should.  More than four in...

UK National Crime Agency makes three arrests in connection to Maltese...

The UK’s National Crime Agency (NCA) has made three more arrests in relation to an investigation into a money laundering incident connected to a cyberattack on a bank in Malta.

$36bn in non-compliance with anti-money laundering, due diligence and sanctions regulations...

Financial firms around the world were ordered to pay $36bn in total due to failing to comply with legislation set up to prevent money laundering and fraud.

CipherTrace joins the X-Sight Marketplace

NICE Actimize has boosted its X-Sight Marketplace by adding CipherTrace, a cryptocurrency anti-money laundering solution.

Estonian authorities expand probe into suspected Danske Bank money laundering transactions

The Danske Bank money laundering scandal has taken another turn. The Estonian prosecutor expanded their investigation into transfers worth $2bn that were made through the Danish bank.

Australian authorities arrest members of suspected Vietnamese criminal network over money...

Drugs, guns and $5m in laundered money are some of the key ingredients in a series of arrests made by Australian authorities to break up a criminal network.

Global money laundry fines totalled $8.14bn in 2019

From: RegTech Analyst The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup. The company found...