Anti-Money Laundering

Iceland: A Key European Center for Web3 and AML Innovation Technology
Iceland: A Key European Center for Web3 and AML Innovation Technology
July 25, 2022  |  emea

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...

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Independent ATMs Struggle for Access to Banks
Independent ATMs Struggle for Access to Banks
February 20, 2022  |  Banking

There’s a growing schism between banks and small business owners running independent ATMs in America’s vast swathe of gas stations, bars and bodegas, The Wall...

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Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
February 17, 2022  |  AML

A recent spate of high-profile money laundering cases involving big banks in Europe has shone a spotlight on just how thieves are making off with...

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US Treasury Eyes NFTs as Prime Target of Money Launderers
US Treasury Eyes NFTs as Prime Target of Money Launderers
February 06, 2022  |  NFTs

The U.S. Treasury is looking into the potential for nonfungible tokens, (NFTs) to be used in financial crimes. In a new report,  the Treasury posits...

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No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
October 19, 2021  |  Fraud Prevention

Digital fraud is a constant menace for businesses and individuals, with merchants around the globe expecting to lose more than $20 billion to fraud in...

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Featurespace Releases Machine Learning-Based Anti-Fraud System
Featurespace Releases Machine Learning-Based Anti-Fraud System
February 25, 2021  |  Security & Fraud

U.K.-based  Featurespace, which offers anti-fraud systems for financial institutions (FIs), on Thursday (Feb. 25) released its “Automated Deep Behavioral Networks” package. In a press release,...

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Global Trust Meets Instant Money
Global Trust Meets Instant Money
July 22, 2020  |  Security & Fraud

Who doesn’t love fast money? But here’s the thing: Velocity adds risk in a complex equation, which includes everything from account opening to transacting across...

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Digital IDs Help Open Banking Reach Its Fullest Potential
Digital IDs Help Open Banking Reach Its Fullest Potential
July 10, 2020  |  Digital Banking

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer...

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Deep Dive: How Overlapping Regulations And Fraud Risks Complicate SMBs’ B2B Cross-Border Payments
Deep Dive: How Overlapping Regulations And Fraud Risks Complicate SMBs’ B2B Cross-Border Payments
July 09, 2020  |  Smarter Payments

B2B payments are the lifeblood of the global economy, with untold trillions of dollars changing hands around the world every year. The second quarter of...

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