(source: en.wikipedia.org)
JPMorgan Chase has been using artificial intelligence (AI) and machine learning to process expense reports and check them for compliance, according to Bloomberg. Lori Beer,...
Deutsche Bank has settled a case with Frankfurt prosecutors that involved a raid on its offices and resulted in a huge hit on earnings and...
European Union finance ministers on Thursday (Dec. 5) agreed on strategy for anti-money laundering (AML) reforms and countering the financing of terrorism, Reuters reported. The...
The U.S. Department of Justice (DoJ) has accelerated its probe into Deutsche Bank’s participation in a $220 billion Danske Bank money laundering scheme, Reuters reported...
SEB believes there is no need to take further action after the bank was accused of having links to suspected money laundering in Estonia. Earlier...
Australia’s Westpac Banking Corporation announced that its CEO is stepping down after the bank was hit with money laundering accusations. The country’s second-largest retail bank...
Gift cards are a popular revenue stream for quick-service restaurants (QSRs), largely for the same reasons they are popular among retail businesses of all types:...
The European Central Bank (ECB), the main banking regulator in Europe, has revealed that Malta’s biggest bank failed for years to detect or address thousands...
Shares in Swedish bank SEB fell on Friday (Nov. 15) over news that it might soon be embroiled in a money-laundering scandal, which has also...