Remove Money Laundering Remove Risk Assessment Remove Suspicious Activity Report (SAR)
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Evolving money laundering risks for EMIs: Insights from the upcoming NRA

The Payments Association

Evolving money laundering risks for EMIs: Insights from the upcoming NRA 18 July 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The UK 2025 National Risk Assessment’s decision to reclassify e-money institutions (EMIs) as high risk for money laundering and terrorist financing.

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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

With the global economy moving online, corruption, fraud, trafficking, and other illicit activities continue to rise. According to a UN report, money laundering activities of about $1.6 trillion took place in 2020, accounting for about 2.7% of global GDP. Let’s get started.

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IdentityMind Integrates With CipherTrace

PYMNTS

1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace ’s digital currency risk assessment technology. If there is suspicious activity, the IdentityMind platform can pre-populate a suspicious activity report (SAR), IdentityMind Global said in the press release.

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Deep Dive: How FinTechs, FIs Can Arm Up Against Fraud

PYMNTS

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Financial Companies’ Security And Regulatory Obligations . resources.

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Using AI to Streamline Compliance Processes: The Future or Could Too Much go Wrong?

The Fintech Times

The emergence of AI and ML tools has enabled companies to analyse vast amounts of data in real time, detecting patterns that indicate potential compliance risks, such as money laundering, sanctions, or fraud. “Likewise, machine learning algorithms continuously learn from data, improving accuracy over time.

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Know Your Transaction: Why & How It Can Help You

Seon

That means money laundering can account for anywhere between $800 billion and $2 trillion annually. Thankfully, much of the answer to this corrupt financial activity boils down to organizations ensuring that they carry out an anti-money laundering process called Know Your Transaction (KYT).

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What’s happening with the FCA and AML?

Neopay

With the change in the anti-money laundering (AML) supervisory approach of the Financial Conduct Authority (FCA), many firms are nervous about whether they will face FCA scrutiny and what to expect if they do. There are a few – but to give a couple of examples: MAPP (Modular Assessment Proactive Programme) is fairly new.

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