(source: en.wikipedia.org)
Australia is set to complete its CBDC project in the middle of 2023, a new presentation said. The project, which started in July this year,...
Today in the connected economy, Nasdaq is reportedly examining companies’ initial public offerings (IPOs) after some companies saw massive gains and big drops in quick...
Where consumers once had to wait for payments to post, they now expect their money to move instantly between accounts. Maximum money mobility is the...
A courtroom verdict in Switzerland is signaling that banks will be under increasing scrutiny for the acts they take and have taken, to combat fraud —...
Financial institutions’ (FIs’) efforts to meet regulatory compliance standards have become more complicated in the digital age. The acceleration of payments technology has amplified risk...
Money launderers “wash” more than $2 trillion in the global economy each year, despite the best efforts of financial institutions (FIs) and governments. Much of...
Digital identities are becoming more prevalent as awareness of their security and convenience grows, and they are expanding into new use cases like anti-money laundering...
The Nigerian Senate has passed a bill to amend money-laundering regulations, including making it mandatory for lenders to report suspicious transactions, Bloomberg reported Wednesday (March...
The Justice Department plans to investigate people, banks and cryptocurrency exchanges that have helped rich Russians hide or launder their money, Bloomberg reported Friday (March...