Hackers claiming to have breached British FinTech Revolut have now reportedly issued a ransom demand. The group, known as “iamnotavillain,” is threatening to sell confidential...
A stablecoin may pass through several wallets and intermediaries before someone tries to turn it back into dollars. Federal regulators now have to decide which...
Global data and technology company Experian has acquired regulatory technology provider KYC360 in the United Kingdom and Ireland. KYC360’s customer lifecycle management solutions, which support...
Trulioo has recorded substantial growth in its know-your-business (KYB) transaction volume since 2023. The identity platform announced Monday (Oct. 27) that its KYB transaction volume...
Crypto has long been, and still can be, a safe haven for bad actors. That simple fact has long made digital asset custody a thorny...
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...
The operator of the OKX cryptocurrency exchange has admitted to breaking anti-money laundering (AML) laws. As part of the plea, Aux Cayes FinTech — doing business as OKX —...
Another big bank CEO says that claims about politically motivated “debanking” are unfounded. In a speech before the Economic Club of Washington, D.C., Bank of America CEO Brian...