A stablecoin may pass through several wallets and intermediaries before someone tries to turn it back into dollars. Federal regulators now have to decide which of those relationships requires someone to know who’s on the other side, and when. That issue runs through comments on...
Global data and technology company Experian has acquired regulatory technology provider KYC360 in the United Kingdom and Ireland. KYC360’s customer lifecycle management solutions, which support know your customer (KYC) and know your business (KYB) processes, will be fully integrated into Experian’s data, analytics, and credit...
Trulioo has recorded substantial growth in its know-your-business (KYB) transaction volume since 2023. The identity platform announced Monday (Oct. 27) that its KYB transaction volume had grown 1,996% during that time frame, with a 102% year-over-year increase. “The KYB growth has helped fuel a 134%...
Crypto has long been, and still can be, a safe haven for bad actors. That simple fact has long made digital asset custody a thorny issue. Providing a safe haven for crypto could ultimately result in bad actors finding their own safe haven within the...
August 24, 2026
A stablecoin may pass through several wallets and intermediaries before someone tries to turn it back into dollars. Federal regulators now have to decide which of those relationships requires someone to know who’s on the other side, and when. That issue runs through comments on the proposed customer identification program, or CIP, for permitted payment […]
June 02, 2025
As nonbank enterprises offer financial services, aided by traditional financial institutions and FinTechs, the emergence of the banking-as-a-service (BaaS) model has promised to transform lending and platforms. But the recent...
December 03, 2024
It’s almost 2025, but many businesses are still facing the same old anti-money laundering (AML) and know your customer (KYC) concerns, among other compliance requirements. With the news that Wise,...
November 08, 2024
Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking the potential of blockchain platforms...
September 17, 2026
Hackers claiming to have breached British FinTech Revolut have now reportedly issued a ransom demand. The group, known as “iamnotavillain,” is threatening to sell confidential information about hundreds of customers unless the online bank pays a roughly $3 million ransom within 24 hours, the Financial Times reported Wednesday (Sept. 16). “Revolut has not received any […]
October 27, 2025
Global data and technology company Experian has acquired regulatory technology provider KYC360 in the United Kingdom and Ireland. KYC360’s customer lifecycle management solutions, which support know your customer (KYC) and...
October 27, 2025
Trulioo has recorded substantial growth in its know-your-business (KYB) transaction volume since 2023. The identity platform announced Monday (Oct. 27) that its KYB transaction volume had grown 1,996% during that...
February 26, 2025
The operator of the OKX cryptocurrency exchange has admitted to breaking anti-money laundering (AML) laws. As part of the plea, Aux Cayes FinTech — doing business as OKX — will pay more than $504 million in...
