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.
Last year was rough on the world’s largest crypto exchange, Binance, as it was buffeted by a string of regulatory battles that forced it to...
FinTech platform Synctera has launched Ground Control, a banking and compliance program designed to help creators of financial products ensure they are meeting banking and...
Eric Greenstein, product manager of compliance and fraud at Modern Treasury, told PYMNTS that the rules of anti-money laundering (AML) and the Bank Secrecy Act...
The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of...
For a country that has a population of less than half a million, Iceland has an impressively diverse tech scene that includes a number of...
Financial institutions (FIs) in several countries have begun to launch information-sharing platforms in an effort to better spot fraud and money laundering. Research overseen by...
State and local political campaigns in California soon will be allowed to receive donations made with cryptocurrency. The new policy was promulgated by a state...
Popular images of international crime fighting are usually replete with bank heists, gun fights, drug smuggling, and undercover agents in dark suits and shades. But...