FCA Launches Second Consultation On Enforcement Proposals
The UK’s Financial Conduct Authority (FCA) has responded to criticism of its name-and-shame enforcement proposals, …
Digital ID Effective In Countering Fraud Threat, Says UK Government-Backed Body
The Centre for Finance, Innovation and Technology has announced new research showing that the secure …
Australian Parliament Passes Landmark AML Bill
Lawmakers in Australia have passed a landmark anti-money laundering (AML) bill that will bring a …
FIs Urged To Use AI-Powered 'DNA' To Fight APP Fraud
With losses to authorised push payment (APP) fraud set to rise, a payments expert at …
Week In Crypto: Tornado Cash Sanctions Overturned By Appeals Court
A US Court of Appeals has ruled that the smart contracts behind Tornado Cash, a …
Daily Dash: Elon Musk Calls For Abolition Of CFPB
Tech billionaire Elon Musk, who is set to play a key role in the incoming …
Daily Dash: HSBC Fined In Isle Of Man For Violating AML Restraining Order
HSBC has been hit with a £300,000 fine in the Isle of Man for continuing …
Daily Dash: HSBC Shuts Down Retail Payments To Russia, Belarus
HSBC has announced that it has stopped processing payments to or from Russia and Belarus for …
Safeguarding Failures Land BlueSnap With €324,240 Fine From Central Bank Of Ireland
The Central Bank of Ireland has underlined its commitment to ensuring safeguarding of customer funds, …