Source: complyadvantage.com
AI-powered cybersecurity firm ThetaRay is teaming up with omnichannel B2B payments startup Qolo to detect and prevent financial crimes across Qolo’s full range of curated...
Deutsche Bank had its Frankfurt headquarters raided by Germany’s federal police office, criminal prosecutors and financial watchdog BaFin on Friday (April 29), the Financial Times...
An alleged shadow banker for cryptocurrency exchanges is facing up to 90 years in jail after pleading guilty to bank fraud, bank fraud conspiracy and...
A California man has been convicted by a federal jury for reportedly defrauding American Express for over $4.7 million and money laundering, according to a...
Federal prosecutors have filed charges against a number of people over the past few weeks for allegedly carrying out a variety of scams connected to...
Countries with more corruption tend to have more people using cryptocurrencies. So said a recent International Monetary Fund (IMF) study that surveyed thousands of people...
A New Jersey man admitted Thursday (April 7) to running a decade-long invoice factoring scheme that bilked lenders of $50 million, the U.S. Attorney’s Office...
Machines can serve an important role in mitigating and anticipating the threat of financial crime, but humans have their part to play as well. People...
Over $2 trillion in illegally gained funds are reprocessed in the global economy as being legit despite the best efforts of financial institutions, new legislation...