The Fintech Times

APRIL 3, 2024

“It complements the industry’s existing close collaboration with MAS and law enforcement authorities to combat financial crime. This will strengthen Singapore’s capabilities to uphold our reputation as a well-regulated and trusted financial centre.”

Financial Crimes 59

Financial Crimes Crime Money Laundering Law Enforcement 59

The Fintech Times

APRIL 24, 2024

ComplyAdvantage , the financial crime intelligence firm, has officially acquired Golden , a San Francisco-based firm automating the construction of one of the world’s largest knowledge graphs, which shows interconnected data points and their relationships to analyse complex information.

Financial Crimes 59

Financial Crimes Crime AI Acquirers 59

PYMNTS

JULY 5, 2020

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. In updated rules from the Financial Crimes Enforcement Network ( FinCEN ), the U.S.

Treasury 140

Treasury Office of the Comptroller of the Currency Fincen Financial Crimes 140

PYMNTS

AUGUST 14, 2019

More broadly, however, Blanco’s theme was the interconnectedness of the financial system – and how diligence and transparency is the key to combating money laundering and other financial crimes in the U.S. and around the world. Mobile Gaming And Digital Currency . The Team Oriented Nature Of Compliance .

Fincen 65

Fincen Financial Crimes Crime Suspicious Activity Report (SAR) 65

The Payments Association

JANUARY 3, 2025

On 19 November 2024, merchants from across sectors gathered in London as part of The Payments Associations Financial Crime 360 (FC360) series to address the ever-evolving challenge of fraud in their operations. Tao described the difficulties of navigating the legal and organisational hurdles that often impede data sharing.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

The Payments Association

DECEMBER 9, 2024

The UK government and the FCA will further develop and implement these regulations through consultations and legal frameworks, aiming for a comprehensive rollout by 2026. It outlines how the regulatory landscape for cryptocurrencies in the UK will evolve, affecting businesses and compliance. What’s next?

Stablecoins 88

Stablecoins Consulting Rules Regulations 88

Fintech News

SEPTEMBER 18, 2024

Meanwhile, Scarpa, formerly Group Head of Financial Crime at Currencycloud (a Visa Solution), will focus on compliance standards in Singapore and enhance Aspire’s financial crime prevention efforts. Yu brings over 20 years of experience in international regulation from PayPal, Bytedance, and HSBC.

Compliance 109

Compliance Financial Crimes Crime ISOs 109

PYMNTS

MARCH 14, 2019

senators that would broaden the ability of the Securities and Exchange Commission (SEC) to recover (or claw back) money on behalf of investors victimized in financial crimes. The proposed decade-limitation would give the Commission a chance to spot and pursue hard to detect financial crimes, according to the lawmakers.

Financial Crimes 55

Financial Crimes Crime Laws Government 55

Finextra

JUNE 18, 2025

OnePay has selected Flagright’s AI-native transaction monitoring and AML compliance solutions, complete with AI forensics to strengthen its financial crime controls as its user base and transaction volumes expand. It expresses the views and opinions of the author. We’re thrilled to welcome OnePay to the Flagright family.

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Fintech News

JUNE 3, 2024

Shell companies are legal entities that exist primarily on paper, lacking significant operations or physical presence, often used to manage financial transactions without conducting substantial business activities. Regulatory scrutiny has intensified, leading to increased costs associated with financial crime compliance.

Money Laundering 127

Money Laundering Financial Crimes Crime APACS 127

The Payments Association

DECEMBER 18, 2024

Moore discusses how the PSR is working to enhance user experience, combat financial crime through smarter data sharing, and foster collaboration across the payments ecosystem. Moore sees this as essential for tackling financial crime, enhancing efficiency, and delivering better customer outcomes.

Innovation 88

Innovation Financial Crimes Payments Regulations 88

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

Fintech News

FEBRUARY 6, 2024

The battle against financial crime is an ever-evolving challenge requiring expert knowledge, cutting-edge technology, and continuous learning. As white-collar criminals tirelessly innovate their methods to commit financial crimes, the question arises: How can one step ahead in this high-stakes game?

White Collar Crime 108

White Collar Crime Crime Suspicious Activity Report (SAR) Financial Crimes 108

Fintech News

APRIL 22, 2024

This strategy mirrors actions taken by other countries, such as India and the Philippines, where unauthorised platforms are similarly blocked to safeguard consumers and combat financial crimes. Unlicensed operators do not offer legal protection, increasing the risk of scams and money laundering activities.

Blocks 116

Blocks Law Enforcement Money Laundering Crime 116

Fintech Finance

MARCH 7, 2024

PPRO , the leading local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. I am joining the company with a strong team.

Legal 52

Legal Compliance Risk Financial Crimes 52

Fintech Finance

NOVEMBER 20, 2024

Reporting to General Counsel Ruwan De Soyza as part of the Legal & Compliance Function, Peter will play a major role in advancing Thunes’ commitment to world-class compliance standards. With over 20 years of experience in the payments industry, Peter brings deep expertise in both regulatory and financial crime compliance.

Compliance 97

Compliance Cross-Border Financial Crimes Crime 97

PYMNTS

MAY 19, 2020

Robert Werner brings regulatory, financial crime compliance and enforcement experience from his work in the public and private sectors, Libra said. He also headed financial crime compliance for Merrill Lynch. Previously, Werner worked at the U.S. I look forward to meaningfully contributing to such an impactful project.”.

Treasury 90

Treasury Financial Crimes Crime Fincen 90

Fi911

JUNE 9, 2025

Legal costs compound these expenses, particularly when customers sue over losses, or shareholders claim negligence. Local FBI offices and Secret Service units specialize in financial crimes, but they need quick notification and comprehensive documentation. Operational costs mount quickly during BEC incidents.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

The Payments Association

JUNE 16, 2025

This inconsistency introduces both legal uncertainty and reputational risk for firms and undermines consumer confidence in the fairness of the reimbursement regime. Industry voices are increasingly concerned that the current definition of gross negligence creates a paradox within the UK’s legal framework.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Payments Association

FEBRUARY 10, 2025

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. Common standards would bring consistency and confidence.

IBAN 88

IBAN AML Master Account Due Diligence 88

The Payments Association

MARCH 25, 2025

Strict compliance with FCA, PSD2, and PCI DSS protects consumers and combats financial crime, but implementation demands resources and adaptation. Traditional methods struggle against evolving financial crimes, but AI enhances efficiency, accuracy, and compliance.

Regulatory Compliance 136

Regulatory Compliance AML Compliance PCI DSS 136

The Paypers

JUNE 9, 2025

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Acquirers 74

Acquirers Payment Service Provider (PSP) BNPL Cybersecurity 74

The Payments Association

JUNE 11, 2025

Additionally, the sharing of data, both internally and on a federated, industry-wide basis, will be key to winning the war on financial crime. Generative AI and biometrics, including behavioural biometrics, offer massive potential. The cumulative effect creates overlapping obligations that vary by jurisdiction and service combination.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

The Paypers

JUNE 12, 2025

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Payee 36

Payee Verification Financial Crimes Payment APIs and Integration 36

The Paypers

JUNE 16, 2025

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Multi-Currency 46

Multi-Currency CBDC Financial Crimes Embedded Payments 46

BioCatch

NOVEMBER 25, 2024

BioCatch recently partnered with the Knoble , a nonprofit organization focused on preventing financial and human crime, as well as thought leaders and experts in the banking, law enforcement, and legal community on an information sharing initiative.

Financial Crimes 40

Financial Crimes Crime Law Enforcement Legal 40

The Paypers

JUNE 12, 2025

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Money Laundering 41

Money Laundering AI AML Financial Crimes 41

The Paypers

JUNE 17, 2025

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Cross-Border 46

Cross-Border Payment APIs and Integration CBDC Financial Crimes 46

The Fintech Times

MARCH 3, 2025

In its new manifesto, ‘ Creating the Conditions to Support Growth and Innovation in Payments ‘, The Payments Association describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Government 59

Government Governance Financial Inclusion Consumer Protection 59

Fintech News

JUNE 17, 2024

Shulin Tay Shulin Tay, Head of Legal & Compliance at Revolut Singapore shared, “With these raised limits, we understand that some users may be concerned about fraud and scams. We have stayed ahead of the curve and built a strong financial crime team.”

Cross-Border 113

Cross-Border Fraud Prevention Financial Crimes Scams 113

The Fintech Times

APRIL 24, 2025

Versapay , an Accounts Receivable (AR) platform, has appointed Elizabeth Bramlage as chief marketing officer.With over 15 years of experience leading marketing for high-growth fintech and payments companies, Bramlage most recently served as CMO at ComplyAdvantage , a global provider of financial crime compliance technology.

FinTech 59

FinTech Cross-Border Payment APIs and Integration Multi-Currency 59

PYMNTS

NOVEMBER 8, 2020

WSJ quoted Kenneth Blanco, director of the Treasury Department’s Financial Crimes Enforcement Network, as having told anti-money laundering experts that some applicants used online instruction sets to position themselves to receive fraudulent loans. The scandal is what’s legal, not what’s illegal," he reportedly said.

Money Laundering 108

Money Laundering Payroll Treasury Financial Crimes 108

FICO

MARCH 24, 2021

The GAO Study cited in part 1 states that “retrospective review of data on imports and exports, suspicious financial activity, and legal investigations is essential to identifying patterns and anomalies in trade transactions.”. Efforts should also be made to raise financial institutions’ knowledge of TBML and related risks.

Money Laundering 98

Money Laundering SARS Fincen Financial Crimes 98

PYMNTS

NOVEMBER 4, 2020

Fagundes, the release stated, has been charged with numerous crimes, including "operation of a financial institution without legal authorization, fraudulent management of a financial institution, misappropriation, and money laundering," along with violating securities laws.

Fincen 93

Fincen Crime Cryptocurrency Money Laundering 93

PYMNTS

APRIL 28, 2020

Richard Weber has been named to the position of general counsel at the New York State Department of Financial Services (DFS), according to an announcement from Superintendent of Financial Services Linda A. He also had previously served as Deutsche Bank’s head of Anti-Financial Crime for the Americas.

Bitcoin 67

Bitcoin Financial Crimes BSA Digital Currency 67

The Fintech Times

OCTOBER 18, 2024

Risk management is a necessity in fintech, as well as a legal obligation. Financial crime risks : Risks associated with the failure to prevent financial crimes such as money laundering and market abuse. However, the depth and quality of this management can become a significant competitive advantage.

Risk 108

Risk FinTech Risk Management Cybersecurity 108

The Paypers

JUNE 17, 2025

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CBDC 36

CBDC Financial Crimes Digital Currency Central Bank 36