CFT

FinCEN Seeks Comments on Proposed Survey About AML/CFT Compliance Costs
FinCEN Seeks Comments on Proposed Survey About AML/CFT Compliance Costs
September 29, 2025  |  AML

The Financial Crimes Enforcement Network (FinCEN) is seeking comments on a proposed survey designed to gather information on the direct compliance costs incurred by non-bank...

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Wise Settles States’ Allegations of Inadequacies in AML/CFT Program
Wise Settles States’ Allegations of Inadequacies in AML/CFT Program
July 09, 2025  |  AML

Six state regulators have secured a $4.2 million settlement from Wise US that resolves the regulators’ allegations that the company had inadequacies in its Bank Secrecy...

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Financial Technology Protection Act Passes House, Heads to Senate
Financial Technology Protection Act Passes House, Heads to Senate
July 22, 2024  |  AML

The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. Get...

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Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
May 16, 2024  |  AML

The Department of the Treasury has outlined the priorities it will pursue this year to step up the fight against illicit finance. Get the Full Story...

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Report: Hamas Received $41 Million in Crypto Since 2021
Report: Hamas Received $41 Million in Crypto Since 2021
October 10, 2023  |  Cryptocurrency

The recent attack on Israel by Hamas reportedly may have been funded in part by cryptocurrency.  Get the Full Story Complete the form to unlock...

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WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
October 02, 2023  |  AML

WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts.  Get the Full Story Complete...

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Treasury Department Says DeFi Services Must Improve AML/CFT Controls
Treasury Department Says DeFi Services Must Improve AML/CFT Controls
April 06, 2023  |  Security & Fraud

Vulnerabilities in decentralized finance (DeFi) are enabling criminals to transfer and launder illicit proceeds. Get the Full Story Complete the form to unlock this article...

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US Takes Indirect Aim at Anonymity-Focused Crypto Coins
US Takes Indirect Aim at Anonymity-Focused Crypto Coins
September 19, 2022  |  Cryptocurrency

The most notable thing about the cryptocurrency exchange Huobi’s decision to delist seven anonymity-focused “privacy coins” beginning Monday (Sept. 19) is that it comes just...

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FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
November 14, 2019  |  AML

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to announce an updated list of jurisdictions with anti-money laundering (AML) and Countering Financing of...

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