PYMNTS

JUNE 26, 2020

billion raise to back the creation of its Telegram One Network (TON) blockchain initiative. The founder of the NAC Foundation was alleged to have taken in funds for tokens representing “AML bitcoin” that would eventually be changed into the purported cryptocurrency. Last year, the SEC sued Telegram following a $1.7

Money Laundering 103

Money Laundering AML Bitcoin Cryptocurrency 103

The Payments Association

APRIL 7, 2025

Meanwhile, businesses are subject to an increasingly strict AML regulatory focus and a turbulent sanctions landscape. Digital wallets, open banking, and blockchain are increasingly becoming mainstream, leading to an evolving ecosystem where speed, security, and user experience are paramount.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

PYMNTS

DECEMBER 10, 2020

Thousands of other cryptocurrencies began circulating on crypto exchanges in recent years, such as Ethereum, Monero and Ripple, many of which leverage blockchain technology to serve as a transaction database. Enforcing AML/KYC Compliance At Cryptocurrency Exchanges. in 2015 and a staggering $13,421.44 or the U.S.,

AML 88

AML Cryptocurrency Money Laundering Compliance 88

PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. News From The AML/KYC Ecosystem .

AML 68

AML Money Laundering Authentication Blockchain 68

PYMNTS

SEPTEMBER 21, 2018

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. Experts said blockchain innovators struggling to access the traditional financial services sector have been pushed out because of it.

Blockchain 74

Blockchain Accounts AML Money Laundering 74

CB Insights

OCTOBER 29, 2020

This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.

Real Time Gross Settlement (RTGS) 101

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 101

PYMNTS

APRIL 27, 2020

Cagney said that, for this reason, the stage may be set for an overhaul of the government’s payments status quo, quickened by innovation, and, particularly, by blockchain. Among the advantages of a blockchain ledger, he added, is the fact that parties in a transaction do not have to pay an interchange fee.

Blockchain 108

Blockchain Tax Refunds IRS Fed 108

Finovate

JUNE 16, 2025

Amazon While not officially confirmed, Amazon has also explored blockchain-based payments. Firms with skilled, in-house blockchain capabilities are best poised to succeed when it comes to launching their own stablecoin. The Wall Street Journal revealed (paywall) that Amazon has listed job postings hinting at its crypto ambitions.

Stablecoins 81

Stablecoins Settlement Multi-Currency Cross-Border 81

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Submit your application here before November 25.

Real Time Gross Settlement (RTGS) 98

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 98

Fintech News

DECEMBER 22, 2024

New crypto regulations came into effect, introducing requirements relating to anti-money laundering (AML) and countering the financing of terrorism (CFT) and financial stability, and reflecting Singapores commitment to fostering innovation in the crypto and tokenization space.

FinTech 112

FinTech Cross-Border Payments Cross-Border Money Laundering 112

Finextra

OCTOBER 11, 2024

This article was co-authored with Stacy Dubovik, ScienceSoft's Financial Technology and Blockchain R.

AML 98

AML Automation Blockchain Authorization 98

Fintech News

APRIL 28, 2025

OKX Pay incorporates compliance features such as know-your-customer (KYC) verification, anti-money laundering (AML) controls, and multisignature security protections. It is built on OKXs X Layer, a zero-knowledge-based Layer 2 blockchain developed using Polygons CDK technology, helping to keep transaction costs at zero.

Web 3.0 64

Web 3.0 Stablecoins Money Laundering Payments 64

PYMNTS

NOVEMBER 8, 2017

Emerging technologies like blockchain and distributed ledger-based APIs could be at the center of making that collaboration easier. In a recent interview with PYMNTS, Behlendorf explained why he believes technologies like blockchain and distributed ledger can make B2B payments run more smoothly for businesses of all kinds.

Blockchain 86

Blockchain API Use Case B2B 86

Payments Source

OCTOBER 25, 2018

Building a blockchain solution that adds greater transparency in transactions has the potential to make KYC and KYT processes for crypto transactions much more efficient than the system in place, writes Ash Shilk, president of Ivy.

Blockchain 99

Blockchain Transactions Process AML 99

PYMNTS

JANUARY 19, 2017

This year could be the year that blockchain emerges from its current status as a largely hypothetical game-changer to one that’s put to the test. While few working applications of blockchain technology are in use today by financial service providers, the industry continues to place its confidence — and money — behind the technology.

Blockchain 79

Blockchain Cross-Border Use Case Underwriting 79

PYMNTS

MAY 8, 2018

DMG Blockchain Solutions announced a new tool for crypto exchanges and enterprise payment platforms that facilitate cryptocurrency transactions aimed at enabling anti-money laundering (AML) and anti-fraud capabilities for users.

AML 40

AML Blockchain Money Laundering Regulatory Compliance 40

PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report.

Wire Transfer 97

Wire Transfer Blockchain Wire Wires 97

PYMNTS

JANUARY 6, 2019

The China Banking Association (CBA) has announced the launch of a blockchain-based platform for trade finance. And while crypto companies are working to strengthen their anti-money laundering (AML) protections, a Cointelegraph report shows that many of the world’s biggest banks still have a lot of work to do.

Stablecoins 64

Stablecoins Blockchain Finance AML 64

PYMNTS

JANUARY 26, 2021

Doing so, the bank noted, will streamline and enhance a range of payment-related workflows, including sanctions screening, anti-money laundering (AML) checks, reporting and reconciliation. HashCash Brings Blockchain Tech To Unnamed Bank. to bring its blockchain-powered corporate trade financing technology into the entity.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

The Fintech Times

JANUARY 9, 2025

“This additional deposit and payment option positions FV Bank as one of the only regulated banking institutions in the USA to offer blockchain-powered payment rails, as well as extensive stablecoin on-ramp and off-ramp services.

Stablecoins 59

Stablecoins PayPal Direct Deposit Cross-Border 59

PYMNTS

JANUARY 18, 2019

Betting On Blockchain. For Inxeption, one of the most promising innovations to achieve this leap is blockchain. The company is also deploying blockchain to create a digital business identity for its users, a mechanism that Dibachi said will instill trust in the buyer-supplier relationship.

B2B 78

B2B Blockchain B2C Use Case 78

PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. Separately, FINMA has approved banking licenses for the blockchain service firms Sygnum AG and SEBA Crypto AG. Securities Exchange and DLT.

Blockchain 58

Blockchain Regulations Money Laundering AML 58

Fintech News

JULY 17, 2024

Crypto bridges, which facilitate the transfer of assets between different blockchain networks, have become increasingly popular for money laundering. This trend highlights how criminals are exploiting the interoperability of different blockchain networks to further obscure the trail of illicit funds. billion in 2024.

Money Laundering 109

Money Laundering Law Enforcement AML Non-Bank 109

Fintech Finance

JULY 2, 2025

By partnering with ClearBank Europe, Orbital group gains direct access to real-time euro clearing, named IBANs, and SEPA infrastructure with full AML and KYC checks to ensure compliance. This Orbital ClearBank partnership represents a major step toward seamless integration between traditional banking and blockchain-based payments.

Stablecoins 52

Stablecoins IBAN Cross-Border Payment APIs and Integration 52

The Payments Association

JANUARY 13, 2025

However, PSPs must ensure their systems and processes support this capability, which may involve implementing blockchain analytics tools and strengthening compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This also positions them as thought leaders in the sector.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Finextra

JUNE 24, 2025

1011 Report Share 1 1 Channels /payments /regulation & compliance Comments: (0) Sign in to comment Roberto Garavaglia Independent Advisor Innovative Payments & blockchain Strategic Advisor Member since 19 Nov 2009 Location Milan Followers 1 Following 0 Opinions 5 Follow Unfollow The silent revolution of fees, but what fees?

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. The Broader Blockchain Horizon. Crypto’s Path To Spendability.

Visa 127

Visa Cryptocurrency Blockchain Bitcoin 127

Fintech Review

MAY 4, 2025

This guide covers the top 100 fintech tools across key categories including banking APIs, billing, KYC/AML, FX, crypto tools, and open banking. KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. Best for : Finance teams aiming to improve DSO and cash flow forecasting.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

SEPTEMBER 10, 2019

At the highest level blockchain proponents say that distributed ledger technology (DLT) has the ability to safely, and immutably, transfer data, payments and … well , seemingly any exchange of value and information that one might envision.

Blockchain 62

Blockchain Distributed Ledger Technology (DLT) Credential Governance 62

Finovate

MARCH 20, 2024

This week in Tales from the Crypto we look at the boom-induced traffic jam in crypto coin trading, new funding for a blockchain payment network in the developing world, and a pair of new crypto-friendly alums that demoed at FinovateEurope last month. Layer-1 blockchain Solana has experienced service issues as well.

Blockchain 59

Blockchain Payment Security Security AML 59

PYMNTS

FEBRUARY 22, 2019

Office of the Comptroller of the Currency (OCC), over deficiencies that the OCC identified in the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. The office recently examined the branches for BSA/AML and Office of Foreign Assets Control (OFAC) sanctions compliance. On Wednesday (Feb.

OCC 43

OCC AML Office of the Comptroller of the Currency BSA 43

PYMNTS

DECEMBER 11, 2020

PYMNTS December 2020 AML/KYC Tracker® done in collaboration with Trulioo probes the heightened fraud climate accompanying the mobile-digital shift, zeroing in on key aspects of prevailing in the digital fraud wars. This distrust is reflected in usage rates among businesses,” 23 percent of which don’t use automated AML processes.

Money Laundering 87

Money Laundering AML Cryptocurrency Fincen 87

PYMNTS

OCTOBER 18, 2018

The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead of the regulatory uncertainty surrounding the world of blockchain, focusing on a particularly large hurdle for companies in the industry.

Cryptocurrency 85

Cryptocurrency Blockchain AML Money Laundering 85

Payments Source

NOVEMBER 22, 2017

The federal banking regulators should create a working group that, rather than propose new rules and regulations, would clarify the application of existing rules to blockchain technology.

Blockchain 70

Blockchain Rules Regulations Technology 70

PYMNTS

NOVEMBER 30, 2018

startup called Axoni in the blockchain field. Because there was so much data to analyze, the bank felt that Google was the obvious choice for a partnership. HSBC is known for investing in new technology – earlier this month, the bank backed a U.S.

Money Laundering 71

Money Laundering AML Financial Crimes Crime 71

PYMNTS

DECEMBER 16, 2020

Meanwhile, banks in Malta are skeptical of jumping on the blockchain bandwagon, according to Cointelegraph. It is very difficult to be AML-compliant in the United States,” Dmitri Laush, CEO of GetID , an identity verification provider, told Cointelegraph. In other news, the U.S. customers. “It

Blockchain 60

Blockchain Bitcoin Cryptocurrency AML 60

Finovate

MARCH 13, 2024

Verification provider Sumsub announced a partnership with blockchain data platform Chainalysis this week. Full-cycle verification provider and FinovateEurope alum Sumsub announced an integration with blockchain data platform Chainalysis this week. Sumsub made its Finovate debut at FinovateEurope 2020 in Berlin, Germany.

Verification 59

Verification Blockchain Travel Rule Regulatory Compliance 59