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.
The U.S. and U.K. governments announced on Monday (June 13) a new joint initiative to encourage the development of privacy-enhancing technology (PET) that could be...
The Office of the Comptroller of the Currency (OCC) published last week, on June 7 and 8, two notices seeking comments about the agency’s plans...
A proposal being reviewed by the U.S. Treasury Department that would ID who controls unhosted cryptocurrency wallets would also allow innovations related to fighting financial...
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The Department of Justice (DOJ) released a report Monday (June 6) that urged the U.S. to strengthen its coordination with other nations to investigate and...
No other industry has more at stake in digital identity verification than financial services, a future Zil Money’s Justin Timlin says will be driven by...
As the world becomes more connected and the number of digital devices used to conduct business continues to grow, organizations are under more pressure than...
This week in TechREG, regulators in Europe and the United Kingdom continue exploring new rules in the cryptocurrency space. Get the Full Story Complete the...
The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has...