countering the financing of terrorism

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. The...

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Verafin Adds AI Copilot to Financial Crime Management Solutions
Verafin Adds AI Copilot to Financial Crime Management Solutions
April 22, 2024  |  artificial intelligence

Verafin has added an artificial intelligence (AI) copilot to its suite of financial crime management solutions. The new Entity Research Copilot is being rolled out to...

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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.  A review of Israeli government seizure orders and blockchain...

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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. Both providers of DeFi services and the United States government can...

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