20 Jan 21 @ 16:15

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

12 Jan 21 @ 17:02

With the growing threat of fraud fuelled by the digital acceleration that took place in 2020, the 2021 Future of Fraud Forecast reveals five emerging fraud threats facing businesses. The... read more

23 Dec 20 @ 12:07

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

23 Dec 20 @ 11:57

As consumers demand faster, smoother digital transactions and fraud rockets, the hunt for a workable online Know Your Customer (KYC) solution is top of the industry’s agenda. James Wood looks... read more

11 Dec 20 @ 12:57

SWIFT plays a key role in helping its community to reinforce and safeguard the integrity of the global financial ecosystem, and maintains a relentless focus on security. As part of that... read more

20 Nov 20 @ 12:05

A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... read more

20 Oct 20 @ 10:12

A leak from the US treasury department’s Financial Crimes Enforcement Network (FinCen) in September showed that even the biggest, most globally respected banks appeared to be allowing money laundering to... read more

19 Oct 20 @ 03:39

The first half of 2020 saw fines for money laundering almost double compared to 2019. So are much-hyped Artificial Intelligence and Machine Learning techniques catching more crime – and can... read more

05 Oct 20 @ 18:58

A new survey by RUSI and ACAMS has revealed how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of... read more

21 Sep 20 @ 11:55

Over the weekend the FinCEN files story broke, one of the most reputationally damaging stories related to major global banks. Leaked secret government documents reveal how the giants of Western... read more

20 Mar 20 @ 12:30

The US has revealed a Cryptocurrency Intelligence Program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge... read more

18 Feb 20 @ 15:15

Financial technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda and RegTech. As such, it is likely to have a significant influence on... read more

12 Feb 20 @ 08:41

BANKING OF THE FUTURE: FINANCE IN THE DIGITAL AGE Technology is rapidly advancing and is changing almost every aspect of our lives. Whether that is getting from ‘a’ to ‘b’; how we stay... read more

29 Jan 20 @ 17:42

Fenergo released its findings on financial institution fines which shows that in December 2019 global penalties totalled $36 billion for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and sanctions... read more

18 Dec 19 @ 15:35

The 10th of January 2020 marks a date the banking and payments industry cannot afford to ignore. On that day, the Fifth Anti-Money Laundering Directive (5AMLD) will become law throughout... read more

05 Nov 19 @ 13:47

The 10th of January 2020 marks the date that the banking and payments industry cannot afford to ignore. It is the date the Fifth Anti-Money Laundering Directive (5AMLD) will become... read more

30 Sep 19 @ 09:32

INFORM and BigML have agreed to terms on a preferred partner program to further ingrain best practice machine learning algorithms to the daily fight against financial crime with RiskShield. Both... read more

08 Apr 19 @ 13:06

Growing numbers of countries are rebuilding their national payments infrastructures (NPI), including the UK, Australia, India, Canada and Singapore. PCM Editor James Wood looks at what’s gone right and wrong,... read more

01 Mar 19 @ 09:24

The rapid pace of digital transformation has left many industries scrambling to find secure, convenient ways of establishing identity for digital services. The digital identity ecosystem has become fragmented and... read more

11 Dec 18 @ 14:59

Pay.UK’s Faster Payments team has announced the official launch of the anti-money laundering Mule Insights Tactical Solution (MITS) following a successful pilot by participants of the UK’s real-time payment service.... read more