The latest research conducted by the Bank of England and the Financial Conduct Authority (FCA) highlights a significant leap in the adoption of AI within the UK Financial Services...
The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. The Financial Technology Protection Act...
Mexican fintech Tudi has partnered with ThetaRay to utilise its AI and cloud-based transaction monitoring solution, Sonar. ThetaRay says Sonar can detect the earliest signs of sophisticated financial...
Progress in addressing money laundering and terrorist financing (ML/TF) risks remains paralysed in many countries, according to the latest release of the Basel AML Index. The Basel AML Index is an...
More individuals now use cryptocurrencies than trade on stock exchanges and as any method for storing and transferring value, cryptocurrencies can be used for illicit purposes including money laundering...