15 Dec 21 @ 10:04

Anti Money Laundering (AML) red flags have been indicated at more than a third of UK-licensed electronic money institutions (EMIs), according to Transparency International UK. Transparency International UK warned in... read more

09 Dec 21 @ 10:36

The transition to electronic money continues at pace and has been accelerated by Covid-19. The Bank of England (the Bank) reports that around 95% of the funds that people hold... read more

27 Oct 21 @ 12:07

Traditional approaches to cyber-security in payments aren’t working – and the recent huge rise in hacks and fraud proves it. James Wood says it’s time for a radical shift in... read more

27 Oct 21 @ 11:43

The global Financial Action Task Force (FATF) updated its guidance on how to manage anti-money laundering (AML) measures in cryptocurrency payments fully two years ago – yet recent evidence suggests... read more

18 Oct 21 @ 12:04

There are now some 479 e-money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format for... read more

29 Sep 21 @ 09:07

Featurespace is experiencing record international growth as the business continues to provide real time fraud prevention in the era of increased online banking and digital payments. So far this year,... read more

24 Aug 21 @ 09:03

There are now some 479 electronic money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format... read more

20 Aug 21 @ 13:48

New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020 as the shift to online payments... read more

13 Aug 21 @ 11:42

In the last eighteen months, even formerly “anti” gurus such as JP Morgan’s Jamie Dimon and Goldman Sachs’ Lloyd Blankfein have changed their tune on cryptocurrency. Having previously described the... read more

02 Aug 21 @ 18:37

Its safe to say Monzo is not having a good couple of weeks. On 30th July the company issued a PR which saw £114.8 million in pre-tax losses* last year... read more

23 Jul 21 @ 12:17

The global Financial Action Task Force (FATF) updated its guidance on how to manage anti-money laundering (AML) measures in cryptocurrency payments fully two years ago – yet recent evidence suggests... read more

15 Jun 21 @ 15:24

Rapid growth in card issuance and usage, a fast-expanding POS network and growing economies. The Eurasian payments market holds exciting opportunities for all kinds of payments players – so why... read more

14 May 21 @ 09:57

What a difference a year makes. Just 18 months ago, leading global bankers were describing cryptocurrencies as “a worse [bubble] than tulip bulbs” – and now Goldman Sachs has launched... read more

12 May 21 @ 12:07

Money laundering is about much more than white-collar crime. It is a process which fuels the activities of criminal gangs that are extremely harmful to European society as a whole.... read more

12 May 21 @ 11:41

In another startling case of financial malpractice unearthed in a Dutch-registered bank headquartered in the Netherlands owned by a Turkish financial holding company, a whistle blower as advised by his... read more

01 Apr 21 @ 13:52

Rapid growth in card issuance and usage, a fast-expanding POS network and growing economies. Eurasia holds exciting opportunities for all kinds of payments players – so why aren’t more international... read more

01 Apr 21 @ 13:49

Cryptocurrencies are going mainstream, despite continued talk of a bubble and crypto’s reputation as the province of libertarians, geeks and criminals. James Wood dons a fake hipster beard to find... read more

02 Mar 21 @ 17:26

From acquiring to fraud, the role of big tech, mobile wallets and faster payments – PCM’s James Wood asks industry leaders to play Gypsy Rosie Lee and read what’s on... read more

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

18 Feb 21 @ 10:21

Capital One has picked up a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in “wilful and negligent violations of the Bank Secrecy Act (BSA) and... read more