FinCEN

Fed Reserve, FinCEN Seek Input On Bank Secrecy Act Rule Changes
Fed Reserve, FinCEN Seek Input On Bank Secrecy Act Rule Changes
October 28, 2020  |  AML

The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board are seeking comment on a proposed rule that would amend recordkeeping and travel rule...

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Rogue State Employees Join Cyberthieves In Stealing Jobless Benefits
Rogue State Employees Join Cyberthieves In Stealing Jobless Benefits
October 13, 2020  |  Security & Fraud

Insider fraud is emerging as yet another threat to the nation’s unemployment insurance (UI) program, already under siege as cybercriminals and criminal gangs make away...

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FinCEN Director Tells Banks To Look Out For Crypto Fraud
FinCEN Director Tells Banks To Look Out For Crypto Fraud
September 29, 2020  |  Cryptocurrency

Kenneth A. Blanco, director of the Financial Crimes Enforcement Network (FinCEN), said banks need to be wary of risks with cryptocurrency, according to remarks planned...

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Financial Crime-Fighters Turning The Tide Of COVID-Era Fraud
Financial Crime-Fighters Turning The Tide Of COVID-Era Fraud
September 28, 2020  |  Fraud Prevention

Isn’t it just like a crook to exploit a bad situation? COVID-19 is an ideal example, as cold-hearted fraudsters are siphoning off funds designated for...

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Today In Payments: FinCEN Files Reveal Billions In Suspicious Money Flows; Chime Now More Valuable Than Robinhood
Today In Payments: FinCEN Files Reveal Billions In Suspicious Money Flows; Chime Now More Valuable...
September 21, 2020  |  News

In today’s top news FinCEN discovered an underworld of corruption in the world’s banks and how governments allow it to thrive, and challenger bank Chime...

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FinCEN Warns Of COVID Scams Targeting FIs, Consumers
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
August 02, 2020  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. Get...

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Twitter Hackers Took Personal Data From Celebrity Accounts
Twitter Hackers Took Personal Data From Celebrity Accounts
July 19, 2020  |  Security & Fraud

Twitter has provided a glimpse into its investigation of last week’s security breach, the worst in its 14-year history, as hackers commandeered more than 100...

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