Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.
A few words sum up the state of fraud and the challenges facing financial institutions (FIs): rising at a fast clip. Get the Full Story...
A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits...
Today in the connected economy, Nasdaq is reportedly examining companies’ initial public offerings (IPOs) after some companies saw massive gains and big drops in quick...
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Nasdaq has announced a new business, Nasdaq Digital Assets, which will promote institutional participation in digital assets, a press release said Tuesday (Sept. 20). Get...
Sardine, which provides fraud, compliance and instant settlement solutions, has gotten $51.5 million in Series B financing, which will go toward product development and marketing...
The most notable thing about the cryptocurrency exchange Huobi’s decision to delist seven anonymity-focused “privacy coins” beginning Monday (Sept. 19) is that it comes just...
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Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....