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Cracking the Code of White-Collar Crime with Sumsub

Fintech News

This networking aspect is invaluable, providing insights into real-world applications of the course material and fostering connections that could shape future career trajectories. It also includes an Ask Me Anything (AMA) session for personalised queries, offering a direct line to industry experts for any burning questions.

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Treasury Dept. To Banks: We Need The 411 On Cyberattacks

PYMNTS

The goal is for the additional information to help combat the growing threat that digital crimes pose to the country’s financial system, Reuters reported on Tuesday (Oct. are accustomed to submitting suspicious activity reports (SARs) to the government when fraud cases involving at least $5,000 take place.

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How will money transferring between countries look in five years?

Finance Magnates

In 2011, this question was asked on Quora , and I wrote my answer as follows : This is an excellent question and there are many companies who believe they are shaping this answer (predominantly, SWIFT, Visa, Mastercard, WesternUnion, PayPal, and a whole lot of mobile companies). Your phone would be in some crude sense a financial instrument.

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How AML Case Management Drives Efficiency in Financial Investigations

Seon

Suppose a transaction is identified as suspicious without a clear lawful purpose. In that case, organizations are mandated to file a Suspicious Activity Report (SAR) with relevant authorities – FinCEN in the US, Fintrac in Canada, goAML in the EU and the National Crime Agency in the UK.

AML
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Enhancing SAR submission: NCA’s new system for financial crime reporting

Neopay

Starting 4 March 2024, the National Crime Agency (NCA) is rolling out a new system for Suspicious Activity Reports (SARs). The current SAR Online System will be replaced by the SAR Portal at 2:00pm GMT. At Neopay, we understand the complexities involved in financial crime reporting and compliance.