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.
Latvia’s top banking official and key European Central Bank member Ilmārs Rimšēvičs is currently facing accusations of bribery and money laundering. Latvian Prime Minister Māris Kučinskis...
U.S. Bank was slapped with a $185 million civil penalty for what the Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of the...
IdentityMind Global announced that it has closed a $10 million Series C round of financing. Get the Full Story Complete the form to unlock this...
Spending on blockchain technologies will ramp up to $9.2 billion by 2021, according to International Data Corporation (IDC) figures. Its latest Worldwide Semiannual Blockchain Spending...
Some of America’s leading universities are adding a new course to their roster – call it Bitcoin 101. Graduate classes at schools such as Duke...
In life, 40 percent of anything is a lot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Money changing hands internationally is a process that carries with it all sorts of speed bumps, especially amid regulatory scrutiny. Payments can be made smoother...
The paper chase bedevils efficient buyer/supplier relationships, particularly with large corporates buyers. Previse’s CEO Paul Christensen says the enemy is process when it comes to...