Sections
AML
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350Swedish Watchdog Delays Wrap Of Dirty Money Bank Probe
There won’t be any answers until next year regarding the ongoing investigation of the Swedish Financial Supervisory Authority (FSA) and money laundering...
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2.1KDeep Dive: ID Verification In The Sharing And Gig Economies
Sharing economy platforms are opening up new opportunities for property owners and travelers. Homeowners can monetize spare rooms and visitors can secure...
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2.3KHow Bitbuy Is Keeping Crime Out Of Crypto
Crypto thefts, scams and fraud cost more than $1.2 billion in Q1 2019 alone. Securing against these threats requires trading platforms to...
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5.3KFighting Crypto’s $1.2B+ Fraud Problem
Regulators are pushing for greater oversight of cryptocurrency, with anti-money laundering (AML) and counter-terrorist financing (CTF) watchdog, the Financial Action Task Force...
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2.8KDeep Dive: Weighing The Use of Biometrics For KYC
Biometric authentication enables processes as simple as unlocking a smartphone and as complex as streamlining airport security checks. With that in mind,...
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2.0KKeeping App-Based Brokerages Secure
Millennials aren’t investing as much as older generations — but engaging with them on their smartphones, which they’re always on, could change...
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2.7KHow FIs Are Taking Anti-Money Laundering Precautions
With one of the world’s biggest money laundering scandals just a few months old, it’s a fitting time to look into the state...
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4.8KGetting Millennials To Put Stock In Trading Apps
Money laundering scandals have rocked the reputations of major financial institutions (FIs) that are consequently launching new efforts to repair their images....
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4.9KDeep Dive: An Automated Approach To The $2T Global Money Laundering Problem
The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally...
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6.1KWhere The UK Fails On Anti-Money Laundering
Hundreds of billions of pounds' worth of criminal funds are laundered through the U.K. each year, while the non-compliant corporations and FIs...
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4.2KRegulator: Nordic Banks Embroiled In AML Scandals Should Stay
The head of the Financial Supervisory Authority (FSA) in Finland has warned that Nordic banks involved in money laundering scandals should be...
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8.3KWhat’s Missing? How Money Launderers In The UK Remain Unchecked
Financial institutions (FIs) must carefully balance staying compliant and keeping their customers safe, all without introducing frictions that could scare customers...
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4.7KEuropean Commission To Create New AML Blacklist
The European Commission vowed to compile a new list of countries that present a money laundering risk by summer as it steps...
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14.9KCanada Cannabis Payments Face Their Own Hurdles
Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new...
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6.0KSAFE Banking Act Gains Cannabis-Friendly Spotlight In Congress
Legal marijuana sellers want bank accounts just like any other business. Over the last two years, more than $500 million worth of...
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6.5KHow Prepaid Cards Played A Role In El Chapo’s Global Drug Operation
The story goes something like this: During the reign of drug kingpin Pablo Escobar — estimated to have supplied up to 80...
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11.7KDeep Dive: How To Improve Existing AML/KYC Requirements
The following Deep Dive examines how the 2008 financial meltdown paved the way for existing AML/KYC practices, and how FIs can work...
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2.3KKeeping Investment Platforms Free From Fraudsters
How can firms with global ambitions balance a smooth authentication process with rigorous AML efforts? In the inaugural edition of the AML/KYC...
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10.6KHow To Keep Investment Platforms AML-Compliant
The global economy offers a wide range of opportunities for businesses to expand their reach, and promote their brands to new markets....
