Report: What keeps AML & CFT professionals awake at night?
Do your peers share your compliance challenges and professional pains?
Do your peers share your compliance challenges and professional pains?
Revolut faces 3,911 complaints so far this year, as compared to its 2,487 for the whole of 2019.
Impersonation scams have risen 84% in 2020.
It stopped seven of the 14 investigations into money laundering since January.
Discover the key to undermining the ability of criminals to profit from cyber-fraud.
European regulator says national rules have had “an adverse effect” on AML.
Update 10/09/2020: An asset purchase agreement with Railsbank subsidiary PayrNet Limited has been signed.
FinTech Futures speaks to Fenergo’s Rachel Woolley about the rise in penalties.
Around 5-10% of the scheme’s payouts have been made in error, says government body.
The Banking Protocol teams up police and bank staff to stop fraudsters in branches.
The hackers are believed to be criminal cybergang REvil.
“You can’t ‘assess’ for 15 months.”
The second product launch by the fintech since its £10m grant.
Any organisation that profits from selling age-restricted products and services should be held accountable.
Be vigilant online! You are your first line of defense against fraud.
How face-based biometrics and AI can deliver smooth digital onboarding and stamp out fraud.
FinTech Futures’ weekly news round-up.
The Munich court opened insolvency proceedings on 25 August.
The complaints commissioner criticises the timing and lack of promotion.
It follows allegations that the bank helped 2,650 Belgians hide their accounts from tax authorities.
Join our celebrity host Zoe Lyons for PayTech Awards 2020! Free broadcast on 10 September – everyone is welcome.
It also faced charges of compliance and supervision failures.
Learn how to improve every aspect of the identity lifecycle with intelligent ID.
Novel approaches to digital identity verification to securely onboard and engage with consumers – and at a distance.
IT outsourcing expenditure increased by 10% in 2018 compared to 2017.
Bauer’s company made up €291.4m of Wirecard’s 2018 profits.
Around 300 of N26’s 1,500 employees should have access to unencrypted data.
The EPA says the FCA should have reached out to it.
From Wirecard and Enron to Bernie Madoff and Parmalat.
The new capital will be put towards international expansion.
The bank failed to report a security breach back in 2014.
ACI set to offer Arvato solutions to its merchant customers.
The plan will also strengthen APAS, the body that oversees auditing firms in Germany.
Jan Marsalek, the former COO, is wanted under an international arrest warrant.
The start-up has issued around five million virtual card numbers.
The hacked accounts have tens of millions of users.
“The bank’s failure to recognise this risk constitutes a major compliance failure.”
Both new appointees will join the trade body in the autumn.
On 23 June, the court “wound up” GPay “in the public interest”.
Red flags include late 2018 financials and a €156,000 lost lawsuit.