HSBC reports money laundering breaches in Australia subsidiary
The breaches involved small amounts of cross-border foreign currency transactions.
Anti-Money Laundering/AML
The ABCs of eKYC
A how-to guide for online identity verification and eKYC.
Jumio helps US sectors battling coronavirus verify users for free
Organisations “involved in helping students, patients and vulnerable populations” can apply.
FCA requests listed companies delay publishing preliminary financials
It highlights that this statement does not apply to AIM-listed companies.
ESMA delays SFTR implementation
The EU regulator acknowledges the business impact of COVID-19.
White paper: Anti-financial crime – looking beyond staffing
How banks can best perform their gatekeeper function.
Al Ansari Exchange chooses Pelican’s AI-based AML solution
Al Ansari Exchange hopes to create “an industry-leading compliance framework”.
SIX picks Know Your Customer to support supplier risk calculations
Maintaining due diligence on market participants a high priority for SIX.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
FCA warns Deutsche over repeated compliance failings
The bank’s tardiness in notifying affected clients and regulators led to concerns.
Report: The digital drive to replace the passport in financial services
FinTech Futures publishes its latest industry report, on digital identity and fraud.
European Commission warns eight countries over late AML laws
Countries include Cyprus, the Netherlands, Portugal, and Spain.
The risk of siloed IT procurement
Why it pays to say no to the silo.
How AI can address the global sanctions challenge
Banks shouldn’t delay exploring an AI-powered approach to their existing screening processes.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
What Brexit Day means for the future of fintech
A collection of thoughts across the industry on what Brexit day means for them.
For the sake of fraud fighting: how to secure online transactions on the Russian market
All the new forms of digital interaction are getting particularly vulnerable to fraudulent activities.
The future of regtech is data-driven: How to stay ahead of the curve
There are no shortage of challenges that will need to be addressed through innovation.
Regtech: the new lifeblood of compliance
It changes the current compliance game for the better.
US and UK regulators take lead on AML fines for 2019
37 of the 58 fines were handed out by American and British regulators.
Signing up to the future
A legal evangelist explains why she expects the future of contracts to be autonomous.
How the Grinch stole my identity: Three tips for fraud prevention this Christmas
As many as 8% of US consumers are affected by identity fraud at Christmas time.
Supplement: the 2019 fintech review
Ruby Hinchliffe dissects her top five 2019 fintech trends from this year’s top stories!
Russian AML agency claims $14bn in prevented transactions
Rosfinmonitoring chief talks up Russia’s clampdown on criminals.
Banking Technology December 2019 / January 2020 issue out now
A year in review.
Trulioo opens GlobalGateway to Nigeria and Ghana
Nigeria & Ghana have taken significant steps toward increasing access to digitisation.
US DOJ digs deeper into Deutsche role in Danske money laundering scandal
Deutsche officials were made aware that the scope of the DoJ probe had broadened.
CMFG Ventures hands BankBI Series A investment to tap US market
BankBi will use CMFG Ventures’ US credit union connections.
Westpac hires familiar tech partner IBM to probe its AML bust up
Westpac has been using IBM’s infrastructure since the 1990s.
Where has trust gone – can banks even recover their standing in the community?
Traditional banks might find themselves facing a future where the front doors are locked for them!
IMF to put Nordic banks’ AML controls under microscope
International regulator investigates banks’ alleged failings.
Customer involvement in fraud mitigation
Pressure for speed has impacted the time available to ensure accuracy.
Spanish cybersecurity start-up Buguroo raises $11m
The start-up builds unique “cyber profiles” for each finserv customer.
MLRO’s in the regulatory “cross-hairs”
The role of AML compliance officer/MLRO has never been more challenging.
MoneyLive 2019: Neobanks “regularly” share tips on financial crime, says exec at Natwest’s Bó Bank
Collaboration between new banks is “pretty impressive”.
Westpac AML failure allowed 23m illegal transactions, say regulators
The bank failed to stop 23m potentially illegal transactions
How blockchain transforms banking and financial services
Who’s adopting this tech and what’s in store for it down the line?
Crypto compliance start-up TRM Labs raises $4.2m with help of PayPal
Backers include Reddit’s founder and PayPal Ventures.
US government plans strict enforcement of AML ‘travel rule’ for crypto firms
The rule requires crypto firms to share information about their customers.
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
