Money laundering exposed in three new reports
AML, Finance, FinTech, Latest News, RegTech
18th July 2019

Money laundering exposed in three new reports

Allowing money laundering to take place sends a clear message to criminals: crime does pay, according to LexisNexis Risk Solutions. Drug trafficking, human trafficking, cybercrime, and terrorist financing are among the real-world human effects of failing to tackle money laundering ...
FinTech Investment Roundup
AML, Finance, FinTech, Latest News, RegTech
18th July 2019

FinTech Investment Roundup

Europe’s most valuable FinTech, German smartphone and online bank N26, now has a valuation of $3.5 billion (£2.8 billion) after receiving $170 million in new funding from existing investors, including Tencent, GIC, Valar Ventures, and Allianz X.
5MLD policy could prevent media reporting
AML, Finance, FinTech, Latest News, RegTech
11th July 2019

5MLD policy could prevent media reporting

Proposals published by the UK Treasury under the Fifth Anti-Money-Laundering Directive (5MLD) could actively prevent the reporting of criminal financing, according to campaigners.
Libra: Concern grows over Facebook’s coin
AML, Finance, FinTech, Latest News, RegTech
9th July 2019

Libra: Concern grows over Facebook’s coin

As the noise grows about Libra, Facebook’s proposed cryptocurrency, reports suggest that a number of European and US banks are actively avoiding the project.
APG report zooms in on Asian cybercrime
AML, Cyber Security, Finance, FinTech, Latest News, RegTech
9th July 2019

APG report zooms in on Asian cybercrime

The use of technology to enable financial crime has grown steadily over the past decade, according to the Asia Pacific Group on Money Laundering.
Financial workers in £4bn productivity black hole
Events News, Finance, FinTech, Latest News, RegTech
26th June 2019

Financial workers in £4bn productivity black hole

Workplace technology problems are creating a £4 billion productivity ‘black hole’ for the UK, according to Capita research, with almost half of financial services employees wasting at least an hour a month on trying to solve IT problems themselves.