Tags Money laundering

Tag: money laundering

PropTech startup Brickowner has smashed its crowdfunding target on Seedrs

Having reaped huge success with crowdfunding in the past, Brickowner has now returned to Seedrs for an additional cash injection.

indó formally takes a stand against money laundering with new Lucinity...

In its mission to rebuild trust in the banking industry, Icelandic neobank indó has signed a partnership with Lucinity to bolster its anti-money laundering (AML) defences.

How to fight financial crime related to COVID-19

The coronavirus has not only wreaked havoc on the global economy, but also increased the risk of money laundering, fraud and cybercrime.

SmartSearch launches new facial recognition feature to strengthen its anti-money laundering...

From: RegTech Analyst In a bid to up the ante in the fight against dirty money, SmartSearch has added a new facial recognition feature to...

FATF puts the UAE on notice after it failed to do...

The United Arab Emirates may have made efforts in recent years to prevent money laundering and terrorism financing, but it may be too little too late.

South Korea could do more to fight money laundering and financial...

While South Korea has established a strong legal framework to fight money laundering, the country must do more to prevent government officials from laundering the proceeds of corruption.

MAP FinTech launches AI-powered solution to boost anti-money laundering compliance

RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.

Swedbank’s leadership ignored money laundering risks as suspicious transactions worth €37bn...

Beleaguered lender Swedbank has responded to a damaging report revealing that more than €37bn worth of suspicious transactions flowed through the bank between 2014 and 2019.

BitMEX might add customer due diligence procedures and people are not...

One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.

Pilatus Bank owner Ali Sadr Hasheminejad found guilty of breaching US...

Ali Sadr Hasheminejad, owner of Maltese Pilatus Bank, has been found guilty of crimes breaching US sanctions against Iran and for money laundering offences.