UK And Netherlands Report Major Surge In Card Payments
The latest data shows that consumers in both countries continued their shift away from cash …
FinCEN Issues Cash Smuggling Alert To Banks And Money Servicing Businesses
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a new alert warning financial …
Payments Fraud Remains Most Significant Issue For EU Consumers, EBA Finds
The European Banking Authority’s (EBA) Consumer Trends Report 2024/25 has identified payments fraud as one …
Brazilian Central Bank's New Measures Part Of Ongoing Project To Bolster Pix Security
The Central Bank of Brazil has introduced new security measures for Pix, the country’s instant …
Four Convicted In One Of UK’s Largest Ever Money Laundering Cases
Four UK nationals have been convicted of laundering £266m in cash via NatWest bank, in …
FATF Removes The Philippines From Grey List, Adds Laos And Nepal
The Financial Action Task Force (FATF) has updated its list of jurisdictions under increased monitoring, …
UK Government Has 'No Plans' To Mandate Cash Acceptance, Says Minister
A newly appointed minister has said the Labour government has “no plans” to mandate that …
Dutch Government Seeks To Break Money Laundering Impasse
The Netherlands Ministry of Finance has announced a new approach to anti-money laundering (AML) policy, …
Daily Dash: Riksbank Pushes For Enhanced Legal Protections For Cash
Sweden’s rapid shift towards digital payments has left cash usage in steep decline, prompting the …