AML Non-Bank Travel Rule 
The Payments Association
JANUARY 31, 2025
As crypto reshapes finance, the FATF’s Travel Rule struggles to keep pacecan global regulators close the gap on illicit transactions? The Financial Action Task Force (FATF) has long been the global standard-setter for AML and CTF measures. Among its 40 Recommendations, Recommendation 16 (R.16)
Fintech News
JULY 17, 2024
The far-reaching study encompasses both crypto-native and non-crypto native methods, as well as strategies for prevention. The HKMA concluded that the bank failed to continuously monitor business relationships, conduct enhanced due diligence in high-risk situations for a period, and maintain proper records for some customers.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Finovate
MARCH 13, 2024
The partnership brings Sumsub’s Transaction Monitoring and Travel Rule solutions to the Chainalysis platform. Additionally, the technology enables real-time fraud detection, and users can connect KYC, AML, and KYB verification with transaction monitoring for further vigilance against suspicious activity.
Neopay
JANUARY 25, 2024
The European Banking Authority (EBA) on 16th January extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). Therefore, it is important that CASPs know about these risks and put in place measures that effectively mitigate them.
Fintech News
JANUARY 24, 2024
The move aims to protect against financial crime and loss, particularly in digital fraud, and includes broadening DPT service definitions and enhancing Anti-Money Laundering (AML) protocols such as Customer Due Diligence and transaction monitoring. Sparrow Tech Private offers digital asset products and solutions.
Expert insights. Personalized for you.
88 
Let's personalize your content