AML

Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.

Company cover image
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023  |  Investments

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United...

READ MORE >
OTTO Payments Adopts Hawk AI Solutions for AML Compliance
OTTO Payments Adopts Hawk AI Solutions for AML Compliance
December 14, 2023  |  AML

OTTO Payments, the payments division serving the OTTO marketplace, has adopted Hawk AI’s solutions for anti-money laundering (AML) compliance. Get the Full Story Complete the...

READ MORE >
Europe Plans Authority to Fight Money Laundering and Terror Financing
Europe Plans Authority to Fight Money Laundering and Terror Financing
December 13, 2023  |  AML

Officials in Europe are launching an authority to combat money laundering and terrorism financing. Get the Full Story Complete the form to unlock this article...

READ MORE >
Judge Rules Binance Founder Zhao Must Remain in US 
Judge Rules Binance Founder Zhao Must Remain in US 
December 08, 2023  |  Cryptocurrency

Binance founder Changpeng Zhao must remain in the United States while awaiting his sentencing on Feb. 23.  Get the Full Story Complete the form to unlock this article...

READ MORE >
Judge Rules Binance Founder Must Remain in US 
Judge Rules Binance Founder Must Remain in US 
November 27, 2023  |  Legal

Changpeng Zhao, the co-founder of cryptocurrency exchange Binance Holdings, is reportedly facing legal restrictions that prevent him from returning to his home in the United Arab...

READ MORE >
Tale of 2 Crypto Exchanges: Binance’s Money Laundering vs FTX’s Misappropriation
Tale of 2 Crypto Exchanges: Binance’s Money Laundering vs FTX’s Misappropriation
November 22, 2023  |  Cryptocurrency

Cryptocurrency exchanges play a vital role in the digital asset ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Report: Binance CEO Changpeng Zhao to Plead Guilty to Resolve Investigations
Report: Binance CEO Changpeng Zhao to Plead Guilty to Resolve Investigations
November 21, 2023  |  Cryptocurrency

Changpeng Zhao, founder and CEO of Binance, the world’s largest cryptocurrency exchange, has reportedly agreed to step down and plead guilty to violating criminal U.S....

READ MORE >
France Vies to Host EU’s New Anti-Money Laundering Agency
France Vies to Host EU’s New Anti-Money Laundering Agency
November 17, 2023  |  AML

France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...

READ MORE >
NymCard Teams With ACI Worldwide to Fight Financial Fraud
NymCard Teams With ACI Worldwide to Fight Financial Fraud
October 19, 2023  |  Fraud Prevention

Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >