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.
European Regulators have issued a warning about what they are calling serious weaknesses in how the EU controls money laundering in the wake of scandals. Get...
Swiss financial regulator FINMA is planning to soften anti-money laundering rules for smaller FinTech firms in an attempt to help the country become a tougher...
SMBs, paticularly micro-SMBs with fewer than 10 employees, face risks and risk challenges unique to all of financial services, Tide CEO Oliver Prill told Karen...
Numbers can be everything when it comes to any competitive landscape. That’s especially true when it comes to the competition for merchants in the battle...
The onboarding process is one increasingly rendered in bits and bytes, where, for merchant acquiring, speed matters. Streamlining the steps that must be taken in...
Know Your Customer (KYC) regulations are tightening, but due diligence goes both ways in the buyer-supplier relationship, leading to a rise in Know Your Supplier...
Charges of money laundering and illegal money transmission have been levied against a 21-year-old bitcoin dealer in California. Get the Full Story Complete the form...
1,500 complaints about suspicious activity per month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...