The Payments Association

NOVEMBER 25, 2024

While emphasising the importance of robust anti-money laundering (AML) measures, the FCA has consistently advocated against indiscriminate de-risking. Banks continue to sever ties with MSBs like PFS without individualised assessments, often citing AML concerns or geopolitical risks associated with countries like Iran.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

Finextra

JUNE 24, 2025

18 December X: Elon Musk's Financial Revolution 29 October Brexit and digital payments: what are the impacts for the future 16 February In the amazing world of tokens 01 February See all Opinions from Roberto More expert opinions Steve Marshall Director of Advisory Services, at FinScan Unmasking Kleptocrats: Why Ownership and Control Are Key to (..)

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

Fintech Finance

FEBRUARY 17, 2025

Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks. “Compliance is the foundation of trust in global payments.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. This article explores the key provisions of the Act, the risks businesses must address, and the steps required to mitigate potential liabilities.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech Finance

APRIL 1, 2025

Compliance and reporting are also streamlined with automated processes, including real-time AML and KYC checks, significantly reducing manual workloads and regulatory risk. Additionally, AI-driven predictive analytics enhance system reliability, minimize downtime, and optimize resource allocation for peak efficiency.

ISO 20022 59

ISO 20022 Innovation Fraud Detection AI 59

Fintech Finance

JULY 7, 2025

Redpin Payments is the first-of-its-kind digital platform dedicated to property payments, designed to mitigate fraud and bring the simplicity and security of modern digital wallets to the previously analogue, high-risk process of purchasing a home abroad.

Multi-Currency 52

Multi-Currency Identity Theft Cross-Border Payments 52

Finovate

DECEMBER 11, 2024

The GenAI Financial Crime Detection Suite enables financial institutions to improve AML efforts, streamline compliance, and proactively manage risk indicators. “By integrating generative AI in their financial crime detection solutions, organizations can mitigate risk, drive exceptional efficiencies, and elevate regulatory standards.”

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

M2P Fintech

APRIL 10, 2025

Supported by robust mutual fund collateral, LAMF enables financial institutions to extend lower interest rates to borrowers while significantly mitigating their own risk exposure. Provides real-time LTV ratio calculations and proactive shortfall alerts to maintain sufficient collateral coverage, mitigating risks from market volatility.

Mitigation 52

Mitigation Regulatory Compliance Compliance Automation 52

Fintech Review

APRIL 10, 2025

Wilmington, North Carolina, April 10th, 2025, FinanceWire Brantas payment verification and Amboss compliance tools give businesses a robust solution to mitigate risks from sophisticated attackers, setting a new standard for business operational security in the Bitcoin and Lightning Network ecosystems. The Bybit hack, which saw nearly $1.5

Bitcoin 52

Bitcoin Transactions OFAC Verification 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.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech News

FEBRUARY 10, 2025

However, ethical implementation and regulatory oversight remain critical to ensuring its benefits are maximised while mitigating risks. From fraud prevention to financial inclusion, its applications are vast and impactful.

AI 88

AI FinTech Fraud Detection Fraud Prevention 88

The Payments Association

JULY 15, 2025

Modern fraud prevention extends beyond loss mitigation itself. The significant gap between fraud concerns and AML compliance suggests that immediate transactional threats are perceived as more urgent than regulatory adherence. Organisational resilience depends on automation, orchestration and the ability to act before damage occurs.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

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 115

FinTech Cross-Border Payments Cross-Border Money Laundering 115

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

Finovate

NOVEMBER 6, 2024

Integrating Fenergo will streamline Boerse Stuttgart Digital’s underlying compliance processes for both Know Your Customer (KYC) and Anti-Money Laundering (AML). This will enable financial institutions working with Boerse Stuttgart Digital to offer secure and reliable crypto trading and custody services to their customers.

Blockchain 64

Blockchain Cryptocurrency SWIFT Online and Mobile Banking 64

The Payments Association

JUNE 16, 2025

Retailers and service providers may favour synchronous models to mitigate payment disputes. Secure Elements offer partial mitigation, but are not infallible. Regulatory Engagement – Shaping the Policy Landscape With key questions on liability, AML, and KYC unresolved, this is a pivotal moment for regulatory engagement.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

The Payments Association

JULY 18, 2025

Legal issue/risk Next steps/action required Legal issue/risk: UK-EEA IFs remain unregulated post-Brexit, leading to excessive charges that are not supported by justifications for competitiveness or fraud mitigation. Digital euro could trigger funds flight; providers must manage liquidity and partner with intermediaries to mitigate risks.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

The Fintech Times

JULY 17, 2025

He joins from Continental Finance and has held senior roles at RDC, AML RightSource, Forbes and Merrill Lynch. The move strengthens payment security at fuel dispensers and in-store terminals, helping merchants reduce PCI compliance scope and mitigate risk.

FinTech 59

FinTech Payment APIs and Integration Non-Bank RDC 59

The Payments Association

MAY 28, 2025

The platform uniquely integrates advanced data analytics with regulatory insights, enabling companies to achieve seamless compliance and mitigate risk. Additionally, it provides insights and analysis, making it a one-stop solution for understanding and effectively implementing wire transfer standards.

Compliance 88

Compliance Wire Transfer Wires Wire 88

Fintech Finance

JUNE 3, 2025

As criminal networks grow more sophisticated and agile, operating with the complexity of multinational corporations, traditional rule-based anti-money laundering (AML) systems are increasingly outpaced. The announcement comes at a time when the financial crime landscape is undergoing a dramatic transformation.

Financial Crimes 52

Financial Crimes Crime Global Payments AI 52

Finovate

MARCH 26, 2025

While bringing payments into the digital space will help boost KYC and AML verifications, it will also offer opportunities for fraudsters to create new scams. Banks should work alongside these campaigns with public awareness initiatives of their own to offer guidance on setting up digital payments and mitigating fraud.

Fraud Prevention 83

Fraud Prevention Law Enforcement Verification Payments 83

Finovate

JUNE 3, 2025

“Our partnership with Spayce unites robust payment infrastructure with ThetaRay’s Cognitive AI to deliver proactive risk mitigation, greater transparency, and the trusted cross-border transactions needed to power global growth.”

Cross-Border Payments 52

Cross-Border Payments Cross-Border Financial Crimes Crime 52

Finovate

DECEMBER 11, 2024

With applications for account opening, KYC/AML, passwordless login, fraud prevention, and more, IDVerse’s solutions serve businesses in industries ranging from financial services and insurance to crypto and telecommunications.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

The Payments Association

MARCH 25, 2025

As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance. Sends leverages AI to mitigate risks, comply with FCA, PSD2, and PCI DSS, and enhance client experience with secure and innovative services.

Regulatory Compliance 136

Regulatory Compliance AML PCI DSS Compliance 136

Fintech Finance

OCTOBER 11, 2024

Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs. AML program, broadly aligned to its existing remediation program, which is progressing steadily under the direction of its new U.S. AML leadership team. Formal oversight of the AML remediation through a Monitorship. balance sheet. ” U.S.

AML 98

AML BSA Money Laundering Office of the Comptroller of the Currency 98

Fintech Review

OCTOBER 1, 2024

A new focus on digital identity verification As the financial landscape continues to evolve, the importance of Anti-Money Laundering ( AML ) and Know Your Customer (KYC) processes has never been more pronounced. Emerging AML and KYC trends for 2024 As we move through 2024, several key trends are emerging to shape the future of AML and KYC.

AML 98

AML Verification Research Consumer 98

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

AML 74

AML Legal Compliance Verification 74

The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation. By providing a one-stop shop for all identity verification and AML compliance needs, AU10TIX ensures businesses can operate securely and efficiently.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

PYMNTS

SEPTEMBER 29, 2020

Jumio , known for its suite of artificial intelligence (AI)-powered identity verification and online know your customer (KYC) products, is beefing up its anti-money laundering (AML) powers. Another key component of the platform is helping companies manage various KYC and AML regulations in different jurisdictions across the world.

Financial Crimes 61

Financial Crimes AML Crime Money Laundering 61

PYMNTS

SEPTEMBER 29, 2020

Blanco , director of the Financial Crimes Enforcement Network ( FinCEN ), said banks need to be wary of risks with cryptocurrency, according to remarks planned to be given at the ACAMS AML (anti-money laundering) virtual conference on Tuesday (Sept. Blanco said the organization is looking at mitigating risks with virtual currencies.

Fincen 103

Fincen AML Money Laundering Scams 103

Fintech News

OCTOBER 8, 2024

The framework is designed to ensure compliance with international standards, particularly in relation to anti-money laundering (AML) and countering the financing of terrorism (CFT). The aim is to mitigate the risks associated with such businesses.

Service Provider 110

Service Provider Due Diligence AML Money Laundering 110

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. Below, PYMNTS rounds up the latest funding news in the world of B2B. The company highlighted the $8.14

Risk Mitigation 63

Risk Mitigation Mitigation B2B Risk 63

Fintech News

APRIL 10, 2024

The document meticulously compares the regulatory frameworks from 11 authorities within these jurisdictions, highlighting the proactive measures being taken to mitigate the various risks associated with the issuance of stablecoins, especially those tethered to a single fiat currency.

Stablecoins 126

Stablecoins Regulations Risk Mitigation Digital Currency 126

PYMNTS

JUNE 17, 2020

million — “for failing to put adequate anti-money laundering (AML) systems and controls in place between October 2012 and September 2017,” Britain’s main bank regulator said in a news release on Wednesday (June 17). Firms should recognize that AML controls are vitally important to the integrity of the UK financial system.”.

AML 52

AML Due Diligence Money Laundering Authorization 52

The Payments Association

APRIL 23, 2025

We believe this mention recognizes that our Fraud Prevention, Money Mule Account Detection, and AML solutions are trusted AI-powered solutions at the forefront of financial crime prevention. Constant watchlist changes, complex screening demands, and stringent AML regulations add to the challenges.

Financial Crimes 88

Financial Crimes Crime AML PCI DSS 88

Neopay

MARCH 7, 2024

In a recent move, the Financial Conduct Authority (FCA) has taken a significant step in addressing the prevalent anti-money laundering (AML) shortcomings among Annex 1 firms. The post FCA issues warning to firms over AML failings appeared first on Neopay. To find out more about how we can support you business, click here.

AML 52

AML Financial Crimes Due Diligence Risk Assessment 52

The Paypers

SEPTEMBER 9, 2024

As part of the government’s 2024-2027 National Strategy for AML, CFT, and Proliferation Financing, the United Arab Emirates (UAE) has introduced new regulations to mitigate financial crime.

Financial Crimes 41

Financial Crimes AML Crime Regulations 41