CBW Bank, with roughly $90 million in assets, filed a suit against the Federal Deposit Insurance Corp. (FDIC) contending that $20.4 million in penalties assessed against the bank for alleged failures over anti-money laundering (AML) efforts and deficiencies are both “unprecedented” and “unreasonable.” Get the...
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 —...
Verafin has added an artificial intelligence (AI) copilot to its suite of financial crime management solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
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 and Countering the Financing of Terrorism (AML/CFT) requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]
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...
April 22, 2024
Verafin has added an artificial intelligence (AI) copilot to its suite of financial crime management solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
October 10, 2023
The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
