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US Treasury seeks public input on the use of AI

News | Payments General | 10 Jun 2024

The US Treasury has asked the public to share their input regarding the use of artificial intelligence (AI) in the financial services sector.

artificial intelligence, financial services, cybersecurity, AML, CFT, compliance, regulation, financial institutions, financial data

US Treasury releases report on AI's impact on financial cybersecurity

News | Digital Identity, Security & Online Fraud | 01 Apr 2024

The US Treasury has released a report focused on the impact of artificial intelligence (AI) on cybersecurity within the financial services sector.

artificial intelligence, report, cybersecurity, research, financial services

US Treasury imposes sanctions on Russian fintech operations

News | Digital Identity, Security & Online Fraud | 27 Mar 2024

The US Treasury has announced that it imposed sanctions on Russian financial services and technology participants for providing services in virtual assets intended to evade Ukraine. 

fraud prevention, regulation, financial services, financial institutions, virtual asset

US Treasury wants to extend AML rules to investment advisers

News | Digital Identity, Security & Online Fraud | 15 Feb 2024

The US Treasury Department has proposed a new set of regulations to extend some pieces of AML rules that apply to banks to some investment advisers.

fraud prevention, regulation, AML, treasury

US Treasury releases 2024 illicit finance risk assessments

News | Digital Identity, Security & Online Fraud | 12 Feb 2024

The US Department of the Treasury has published the 2024 National Risk Assessments on money laundering, terrorist financing, and proliferation financing.

report, money laundering, terrorism, risk management

J.P. Morgan offers account validation services to the US Government

News | Digital Identity, Security & Online Fraud | 29 Sep 2023

J.P. Morgan has announced that it has been designated by the US Treasury Department under a financial agency agreement to offer account validation services for federal government agencies.

partnership, financial crime, fraud prevention, risk management, payments , cybersecurity, fintech, banking

US reveals new rules for crypto tax reporting

News | Cryptocurrencies | 28 Aug 2023

The US Treasury Department has proposed a new rule that would compel cryptocurrency brokers to report on users' sales and exchanges of digital assets.

cryptocurrency, regulation, tax evasion , digital assets

US Department of the Treasury issues the 2023 de-risking strategy

News | Digital Identity, Security & Online Fraud | 27 Apr 2023

The US Department of the Treasury has revealed the 2023 De-Risking Strategy, which examines the phenomenon of financial institutions de-risking.

de-risking, report, financial institutions, treasury

US Treasury releases DeFi illicit finance risk assessment

News | Digital Identity, Security & Online Fraud | 12 Apr 2023

The US Treasury has published the 2023 DeFi Illicit Finance Risk Assessment that analyses the most common risks associated with DeFi services.

DeFi, cybercrime, report, high risk industry