Found 25 results in 1 second.
Canada-based TD Bank has received a significant monetary penalty for faulty anti-money laundering controls after an examination by the financial crime institutions.
penalty, money laundering, financial crime, financial sanctions, financial institutions
The Office of the Superintendent of Financial Institutions (OSFI), Canada’s banking regulator, has announced that it intends to increase its focus on money laundering issues.
AML, money laundering, transaction laundering, CFT, online security
Canada-based ATB Ventures has announced a partnership between Oliu, its latest digital ID verification solution, and Flinks, a financial data connectivity provider in Canada.
partnership, identity verification, identity fraud, digital identity, bank account
Interbank payments network Interac has broadened access to additional types of financial institutions for participation in its e-Transfer service, with Wealthsimple approved as a participant.
expansion, paytech, payments , FX , money transfer, digital payments, financial services, fintech, transactions
RevoluPAY has completed live testing trials of ACH in Canada and the US, FPS – Faster Payments Service in the UK, and SEPA Instant – Single Euro Payments Area in 27 countries.
banking license, ACH, SEPA, Open Banking, banks
US-based Open Banking platform Plaid the launch of Plaid Identity Verification and Monitor, a global verification and KYC solution, in Canada.
Open Banking, product launch, identity verification, compliance, digital identity
Michelle Swiec, Director of Deal Advisory and Strategy Practice at KPMG, elaborates on local and regional regulations with an impact on the cross-border payments and ecommerce space.
cross-border payments, cross-border ecommerce, regulation, ecommerce, cryptocurrency, digital currency, blockchain, AML, CTF, KYC, money laundering, merchant, PSD2, SCA
The Bank of Canada has introduced a supervisory framework under the The Retail Payments Activities Act which sets out how it will oversee PSPs and foster compliance.
retail, risk management, regulation, ecommerce, PSP
Crypto.com, a cryptocurrency platform, has been registered in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF).
cryptocurrency, cryptocurrency exchange, crypto asset, digital assets, expansion
Singapore-based company Crypto.com has become the first international cryptocurrency platform to become officially regulated in Canada.
cryptocurrency, regulation, Bitcoin, cryptocurrency exchange
France-based fintech startup Morpho Labs has selected UK-based digital identity verification platform Shufti Pro for KYC and AML checks on cryptocurrency investors.
digital identity, identity verification, startup, KYC, AML, FATF, artificial intelligence
RedCompass Labs have announced the quarterly update of the RedFlag Accelerator typologies in the financial industry to help banks stop MSHT and protect children.
digital identity, fraud detection, financial crime, banks, Europol
Amendments to the Proceeds of Crime - Money Laundering and Terrorist Financing Act (PCMLTFA) have come into effect begging of June 2021.
cryptocurrency, AML, money laundering, compliance, money transfer
Canada-based Manulife, a global financial services firm, has chosen Yoti for selfie-based remote onboarding.
partnership, digital identity, biometric authentication, digital onboarding
NetCents Technology, BIN number, credit card, product launch, AML, Fintrac MSB, compliance, Visa, wallet, cryptocurrency, payments
RevoluGROUP Canada has announced that it has retained the Vancouver, BC Law firm Tupper, Jonsson & Yeadon to assist in the preparation of a license application to FINTRAC.
Revolugroup, FINTRAC, Canada, RevoluPAY, PSD2, Open Banking
TerraPay, licence, remittances, Canada, cross-border payments, money transfer
Samtrade FX, Financial Conduct Authority, FCA, Australian Securities and Investments Commission, ASIC, trading, brokerage, Appointed Representative, Australian Financial Services, AFS, Australia, Europe, Asia, International Business Companies, IBC, Financial Services Authority of Saint Vincent, Financial Transactions and Reports Analysis Centre of Canada, FINTRAC, Canada, Money Services Business, MSB
InstaReM, a Singapore-based cross-border payments provider, has launched its services in Canada to deliver streamlined digital money transfers.
InstaRem, cross-border payments, payments provider, launch, Canada, money transfers, remittance
Coinberry, a Canada-based digital currency platform, has teamed up with Cyclebit to provide Canadians with a tangible, cryptocurrency-to-retail payment processing solution.
Coinberry, Cyclebit, partnership, retailers, POS, cryptocurrency payments, Canada, Bitcoin