(source: complyadvantage.com)
Officials in Europe are launching an authority to combat money laundering and terrorism financing. Known as ALMA, the group will have “direct and indirect supervisory powers over...
Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent...
In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its...
Federal authorities have seized almost $9 million in cryptocurrency tied to a scam ring. The U.S. Justice Department (DOJ) announced Tuesday (Nov. 21) the seizure of...
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest...
Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. The company’s FraudShield offering, announced in a news release Wednesday (Nov. 8), uses...
The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges...
Sam Bankman-Fried has gone from the smartest one in the room to the most forgetful. This, as the 31-year-old cryptocurrency entrepreneur accused of orchestrating one...
Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...