Anti-Money Laundering

HSBC To Launch AML System With Google Cloud
HSBC To Launch AML System With Google Cloud
November 30, 2018  |  Security & Fraud

HSBC, one of the largest banks in the world, wants to launch its new cloud-based anti-money laundering risk management system by next year, according to Reuters....

READ MORE >
IdentityMind Integrates With CipherTrace
IdentityMind Integrates With CipherTrace
September 30, 2018  |  Security & Fraud

IdentityMind Global announced Monday (Oct. 1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace’s digital currency risk assessment technology. In...

READ MORE >
Danske Officials Knew About Estonian Branch Woes Earlier Than Indicated
Danske Officials Knew About Estonian Branch Woes Earlier Than Indicated
September 18, 2018  |  Security & Fraud

Danske Bank officials were aware of problems at its Estonian branch earlier than they indicated, reported The Wall Street Journal. According to the report, citing...

READ MORE >
Swiss FINMA Plans AML FinTech Rule Revisions
Swiss FINMA Plans AML FinTech Rule Revisions
August 29, 2018  |  International

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...

READ MORE >
Iran Hopes New Regulations Will Attract Foreign Investors
Iran Hopes New Regulations Will Attract Foreign Investors
August 20, 2018  |  International

As Iran tries to pass anti-money laundering regulations to attract foreign investment, a top constitutional body is requesting changes to the measures. The Guardian Council,...

READ MORE >
At The Grocer, Consumers Sizzle At Self-Checkout
At The Grocer, Consumers Sizzle At Self-Checkout
July 13, 2018  |  Sizzle/Fizzle

Sizzle Self-checkout: Check yourself, as the song says. And in retail, the checking yourself is literal and increasing. As many as 70 percent of shoppers have used...

READ MORE >
Switzerland May Ease Crypto Banking Obstacles
Switzerland May Ease Crypto Banking Obstacles
July 02, 2018  |  Cryptocurrency

Citing anti-money laundering rules and other regulations, traditional banks in Switzerland have often refused to operate accounts for crypto companies. But Heinz Tännler, finance director...

READ MORE >
Wells Fargo Needs An Extension To Meet OCC Consent Order
Wells Fargo Needs An Extension To Meet OCC Consent Order
April 23, 2018  |  Bank Regulation

Wells Fargo, the embattled bank, is gearing up to ask the Office of the Comptroller of the Currency for an extension to a deadline to...

READ MORE >
IdentityMind Raises $10M
IdentityMind Raises $10M
February 15, 2018  |  Investments

IdentityMind Global announced that it has closed a $10 million Series C round of financing. Along with existing investors, the round was co-led by Benhamou...

READ MORE >