sanctions

Auto Verification of Bank Account Owners Is Key to Sanctions Compliance

Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
May 27, 2022  |  Legal & Regulation

Sanctions have been dominating headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022  |  Credit Cards

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in...

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Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
April 12, 2022  |  Cryptocurrency

Here’s a tip: If you’re going to go give a speech on crypto at a conference run by a country under stiff sanctions, maybe don’t...

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Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
March 17, 2022  |  Cryptocurrency

In cryptocurrency news, Coinbase might see another $1.26 billion in revenue from its NFT segment, according to Needham analyst John Todaro, Coindesk wrote Thursday (March...

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Singapore Issues Financial Sanctions on Russia
Singapore Issues Financial Sanctions on Russia
March 14, 2022  |  Cross-border Payments

Singapore’s central bank is the latest financial institution to take economic measures against Russia for its invasion of Ukraine, Bloomberg reported Monday (March 14). Get...

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MoneyGram Suspends Service in Russia
MoneyGram Suspends Service in Russia
March 13, 2022  |  Cross-border Payments

MoneyGram plans to quit offering its services in Russia over that country’s ongoing invasion of Ukraine, a company statement said Friday (March 11). Get the...

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DOJ to Crack Down on Russian Oligarchs And Their Networks
DOJ to Crack Down on Russian Oligarchs And Their Networks
March 13, 2022  |  Cross-border Payments

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...

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Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
March 08, 2022  |  Cryptocurrency

Russian investors will likely be conducting transactions in bitcoin and other cryptocurrencies in spite of sanctions, Bloomberg reported Tuesday (March 8). Get the Full Story...

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