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Discover all the Company news on FINTRAC and other articles related to FINTRAC in The Paypers News, Reports, and insights on the payments and fintech industry:

Discover all the Company news on FINTRAC and other articles related to FINTRAC in The Paypers News, Reports, and

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FINTRAC fines Exchange Bank of Canada USD 2.46 million for AML oversight

News | Digital Identity, Security & Online Fraud | 16 Dec 2024

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has enforced a USD 2.46 million administrative penalty on Exchange Bank of Canada for not falling in line with money laundering regulations. 

money laundering, regulation, AML, financial crime, financial sanctions, financial institutions

FINTRAC teams Up with US agencies for stronger financial security

News | Digital Identity, Security & Online Fraud | 06 Dec 2024

Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) has entered into a memorandum of understanding with three US federal banking agencies.

partnership, money laundering, compliance, AML, regulation

FINTRAC registers Navro to operate its payments curation platform in Canada

News | Payments General | 19 Nov 2024

Navro has acquired a FMSB registration in Canada, issued by FINTRAC, which will enable the company to provide money transfer services to businesses in the country.

acquisition, partnership, cross-border payments, cross-border ecommerce