The Financial Crimes Enforcement Network (FinCEN) is seeking comments on a proposed survey designed to gather information on the direct compliance costs incurred by non-bank financial institutions with anti-money laundering and Countering the Financing of Terrorism (AML/CFT) requirements. Get the Full Story Complete the form...
Six state regulators have secured a $4.2 million settlement from Wise US that resolves the regulators’ allegations that the company had inadequacies in its Bank Secrecy Act, anti-money laundering (AML) and Countering the Financing of Terrorism (CFT) program. Get the Full Story Complete the form to...
The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Department of the Treasury has outlined the priorities it will pursue this year to step up the fight against illicit finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
July 07, 2026
The Federal Reserve Board plans to amend its requirements for banks to maintain anti-money laundering (AML) programs to, among other things, require them to focus their AML resources based on risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
September 29, 2025
The Financial Crimes Enforcement Network (FinCEN) is seeking comments on a proposed survey designed to gather information on the direct compliance costs incurred by non-bank financial institutions with anti-money laundering...
July 09, 2025
Six state regulators have secured a $4.2 million settlement from Wise US that resolves the regulators’ allegations that the company had inadequacies in its Bank Secrecy Act, anti-money laundering (AML) and...
July 22, 2024
The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. Get the Full Story Complete the...
