Source: en.wikipedia.org
Some of the world’s largest banks have reportedly handled billions of dollars for a Kremlin-backed FinTech that used forgery to enter the international financial system....
The United Kingdom is preparing to spend 500 million pounds and hire hundreds of new financial crime specialists as it shifts its anti-money-laundering strategy from...
The New York State Department of Financial Services (DFS) secured a $50 million penalty from Swedbank AB and its New York branch in a case in which...
Wise is facing an investigation in Europe related to possible criminal usage of its services. The money transfer company confirmed the investigation in a statement issued...
Australia’s financial crime watchdog says AI is making money launderers’ jobs easier. In a report issued Tuesday (May 12), the Australian Transaction Reports and Analysis Center (AUSTRAC) said the...
A global financial crime watchdog wants Italy to get tougher on money laundering. The Financial Action Task Force (FATF) released an assessment Thursday (April 23) of the Italian...
Germany’s Commerzbank launched a partnership with anti-fraud and anti-money laundering (AML) technology firm Hawk. The collaboration, announced in a news release Tuesday (March 10), is...
American regulators collected 61% less in money laundering/sanction breach fines in 2025. That’s according to a report Wednesday (Dec. 31) by the Financial Times (FT), which ties...