06/07/2024
Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard.
06/06/2024
To address this, it is planning to amend the act so that providers are required to hold a credit license and comply with existing laws about checks.
06/03/2024
Banks are increasingly using cloud computing services offered by third-party service providers.
05/31/2024
Authorised Push Payment fraud has soared in recent years, with UK losses of more than $500 million last year.
05/24/2024
This means that providers must give consumers some key legal protections and rights that apply to conventional credit cards.
05/24/2024
Using the funding raised, Orca plans to expand its team and build, validate and iterate on their fraud and compliance products.
05/21/2024
This can be fraud risk, credit risk, reputational risk, or some other apparent risk, for instance stemming from the bank’s concerns about a particular industry, business, or country.
05/20/2024
FDIC reminds banks that the competitive edge from partnering comes with caveats.
05/17/2024
Cognitive View, a customer interaction monitoring platform that helps reduce conduct risk and improve customer experience, recently explored why it is time to automate compliance and conduct risk.
05/17/2024
The specialised solution will enhance the overall AML/CFT Regulatory Compliance Regime at Samana Developers.
05/16/2024
Industry group the Payments Association has written to the Economic Secretary to the Treasury, Bim Alami, to protest the cap, calling it "simply not proportionate," according to Bloomberg.
05/16/2024
This decision will make Switzerland more internationally aligned with other countries in the effort to handle digital tax evasion.
05/15/2024
As its latest supporter, Deutsche Bank will contribute to the project’s asset and wealth management workstream
05/13/2024
He emphasized the agreement’s role in enhancing the cooperative partnership’s framework, according to an IBS statement on Sunday
05/10/2024
The new automated AML module is part of proprietary solution The Gateway – a unique all-in-one online compliance toolbox, designed by compliance experts.
05/10/2024
The legislation aims to bulletproof any future AI export regulations from legal challenges and was crafted with input from Biden administration officials.
05/10/2024
The company also failed, on thousands of occasions, to report large virtual currency transactions of C$10,000 or more in the course of a single transaction.
05/03/2024
Block has argued that it has reported thousands of transactions to OFAC and that the company received a no-action letter regarding this matter.
05/03/2024
The issues with copyright are manifesting right now and problematic business models are fast becoming entrenched and normalised
05/01/2024
The rationale behind the legislative approach was, along with other jurisdictions, to bring cryptoassets into the same regulatory perimeter as other asset classes.