Financial crime prevention firm NetGuardians has merged with transaction data analytics provider Intix. The merger, announced in a news release Thursday (June 19), combines the...
A German financial watchdog has reportedly recorded a record number of crypto-related suspicious activity reports. Notifications from banks and financial services companies related to cryptocurrency...
As nonbank enterprises offer financial services, aided by traditional financial institutions and FinTechs, the emergence of the banking-as-a-service (BaaS) model has promised to transform lending...
Neobank Starling expanded its customer base last year, even as regulatory issues diminished profits. The U.K.-based company released full-year earnings Wednesday (May 28), showing customer deposits reaching a record...
CSI has launched an artificial intelligence (AI)-powered anti-money laundering (AML) solution and said it plans to add more solutions of this kind later this year....
Crypto company Anchorage Digital Bank is reportedly being investigated by the Department of Homeland Security (DHS). The nature of the investigation is not known, but...
Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. The New York Department of Financial Services (NYDFS) announced the penalty Thursday (April 10), saying it...
Fraud and money laundering prevention provider Hawk has raised $56 million in new funding. The Germany-based company says its Series C round, announced Tuesday (April...
Witnesses from the ranks of business and banking told lawmakers that efforts to fight payment and investment scams must be aided by a “whole government”...