CFT News

You have clicked on CFT

Find here all the latest articles, news, and research on CFT and other CFT-related topics:

Find here all the latest articles, news, and research on CFT and other CFT-related topics:

read more
read less

Found 25 results in 890 milliseconds.

BaFin imposes EUR 9.2 million fine on N26

News | Digital Identity, Security & Online Fraud | 21 May 2024

The German Federal Financial Supervisory Authority (BaFin) has demanded that digital bank N26 pay nearly EUR 9.2 million due to the latter’s money laundering misconduct. 

regulation, financial services, AML, money laundering, terrorism, CFT

Frankfurt to host AMLA

News | Digital Identity, Security & Online Fraud | 28 Feb 2024

The European Council and the Parliament have reached an agreement to host the upcoming European Anti-Money Laundering and Countering Terrorist Financing (AMLA) in Frankfurt.

AML, money laundering, CFT, fraud management, fraud detection

Satchel partners with Napier

News | Digital Identity, Security & Online Fraud | 23 Jan 2024

Lithuania-based Electronic Money Institution (EMI) company Satchel has partnered with UK-based financial crime compliance regtech Napier to integrate the latter’s AML platform. 

partnership, AML, money laundering, CFT, online security, digital banking

EU to implement cash payment limit

News | Digital Identity, Security & Online Fraud | 23 Jan 2024

The European Parliament and the Council negotiators have reached a provisional agreement to reduce money laundering and limit cash payments to a maximum of EUR 10,000. 

AML, money laundering, transaction laundering, regulation, fraud management, CFT

Canada's banking regulator to increase focus on ML issues

News | Digital Identity, Security & Online Fraud | 22 Jan 2024

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

AMLYZE partners with Satchel

News | Digital Identity, Security & Online Fraud | 22 Jan 2024

Lithuania-based regtech AMLYZE has announced its partnership with Satchel, aiming to enhance digital banking compliance standards.

AML, CFT, KYC, partnership, digital banking

PayPal receives approval for crypto operations in the UK

News | Cryptocurrencies | 02 Nov 2023

PayPal has been registered by the Financial Conduct Authority (FCA) to offer crypto asset services in the UK.

cryptocurrency, digital assets, regulation, AML, CFT, Brexit

Surecomp safeguards trade operations with Semsoft

News | Digital Identity, Security & Online Fraud | 01 Nov 2023

Global provider of trade finance solutions Surecomp has integrated fintech Semsoft’s risk intelligence solution LESTR in its trade finance hub RIVO.

risk management, artificial intelligence, trade finance, data analytics, AML, CFT

AMLYZE partners with Shufti Pro to augment AML services

News | Digital Identity, Security & Online Fraud | 24 Oct 2023

Lithuania-based regtech AMLYZE has formed a strategic partnership with identity verification service provider Shufti Pro to enhance its anti-financial crime solutions.

KYC, identity theft, KYB, partnership, CFT, AML

Taiwan and El Salvador collaborate on crypto regulation

News | Cryptocurrencies | 18 Sep 2023

Taiwan’s Crypto Association has engaged with El Salvador for guidance in establishing stronger crypto regulations.

cryptocurrency, regulation, AML, CFT, cryptocurrency exchange

Mercuryo joins FinTech FinCrime Exchange to fight financial crime

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

Payments infrastructure platform Mercuryo has become a member of the international initiative FinTech FinCrime Exchange (FFE) aimed at combating financial crime.

fraud prevention, AML, CFT, cybersecurity, fintech

Starling Bank partners with Napier

News | Digital Identity, Security & Online Fraud | 18 Jul 2023

UK-based digital challenger bank Starling Bank has partnered with intelligent compliance technology company Napier to better fight financial crime.

partnership, compliance, AML, CFT, transaction monitoring, banking, fintech, challenger bank, financial crime, regtech

Nasdaq to buy financial services software Adenza for USD 10.5 bln

News | Digital Identity, Security & Online Fraud | 15 Jun 2023

US-based financial technology system Nasdaq has set out to acquire risk management and regulatory software Adenza from Thoma Bravo for USD 10.5 billion.

acquisition, regulation, compliance, risk management, AML, CFT

AMLYZE partners Salt Edge for Open Banking and AML solutions

News | Online & Mobile Banking | 08 Jun 2023

Regtech AMLYZE specialising in anti-financial crime solutions for fintechs, neobanks and crypto businesses has announced a collaboration with Open Banking platform Salt Edge.

partnership, banking, fintech, regtech, AML, CFT, Open Banking, PSD2, compliance, financial crime, financial services, neobanks, crypto, expansion

Onfido receives ETSI TS 119 461 certification

News | Digital Identity, Security & Online Fraud | 07 Jun 2023

UK-based identity verification company Onfido has achieved ETSI TS 119 461 certification for identity proofing and trust services.

identity verification, certification, KYC, AML, CFT, EIDAS

The EU adopts rules to make crypto-asset transfers traceable

News | Digital Identity, Security & Online Fraud | 17 May 2023

The council of the EU has made it more difficult for criminals to circumvent AML rules via cryptocurrencies by making the transfers traceable.

cryptocurrency, regulation, AML, CFT, fraud prevention

Veriff unveils Know Your Customer (KYC) Education Centre

News | Digital Identity, Security & Online Fraud | 13 Apr 2023

Estonia-based identity verification provider Veriff has launched its new Know Your Customer Education Centre, offering a library of KYC articles and guidelines.

Veriff, KYC, compliance, regulation, AML, CFT

AMLYZE upgrades core product for AML-related processes

News | Digital Identity, Security & Online Fraud | 04 Apr 2023

Lithuania-based regtech AMLYZE has upgraded its core product that enables transaction monitoring, client risk-scoring and case management for AML-related processes.

product upgrade, fincrime, financial crime, regtech, AML, CFT, API, transaction monitoring, risk management, KYC, SaaS, fraud prevention, cybersecurity, fintech

EU pushes for new AML and CFT rules

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

The European Parliament has announced that MEPs approved stricter rules for closing the gaps in combating money laundering, terrorist financing and evasion of sanctions in the EU.

fraud management, fraud detection, regulation, CFT, AML, financial sanctions, risk management, data aggregation, data sharing, crypto asset, financial data, payments , identity verification, transaction fraud, cybersecurity, fintech, CDD, beneficial owners, crowdfunding

Egypt's central bank approves rules governing payment card service codes

News | Payments General | 13 Mar 2023

The Central bank of Egypt (CBE) has approved the rules for payment card service codes, allowing contactless transactions via mobile apps within the framework of the NPC.

central bank, AML, CFT, contactless payments, regulation