Tag: Anti-Money Laundering/AML
US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Key Points:Reason for Fine:Unfair and Deceptive Practices: Violations in marketing, selling, and servicing of prepaid debit card...
Daiwa Capital Markets Europe selects Delta Capita for CLM solution
Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key PointsPartnership Announcement:DCME has...
US FDIC issues consent order to Thread Bank
FDIC Issues Consent Order to Thread Bank: Key PointsConsent Order Issuance:The US Federal Deposit Insurance Corporation (FDIC)...
New start-up Fideo Intelligence launches offering data-driven fraud-fighting solutions
Fideo Intelligence Launches in the Market: Key PointsCompany Launch:Fraud intelligence start-up Fideo launched in Denver, US.
Aims...
Dutch neobank Bunq enters partnerships with Mastercard and Nvidia
Bunq's Partnerships and Initiatives:Mastercard Partnership:Bunq has partnered with Mastercard to leverage its Open Banking platform.
This allows...
N26 fined €9.2m by BaFin over late submission of suspected money laundering reports in 2022
N26 Fined and Regulatory Updates:
Fine Imposed:Amount: €9.2 million
Reason: Systematic late submission of suspected money laundering reports in...
Former Thomson Reuters exec David Larson named Feedzai’s new CFO
Appointment of David Larson as CFO: Feedzai has appointed David Larson, a former Thomson Reuters executive, as its...
Bank of Ireland invests €34m in customer service enhancements
Bank of Ireland Investment: Bank of Ireland is investing €34 million into its telephony and customer relationship management...
ICYMI fintech funding round-up: ZayZoon, Koin, FacePhi, Belong and more
ZayZoon:Raised $15 million in an extension of its Series B round, led by Viola Fintech with participation...
ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more
Marco's Series A Funding:Raised $12 million in a Series A funding round led by IDC Ventures.
Other...
Country Builders Bank in the Philippines selects Kiya.ai for banking tech upgrade
Country Builders Bank (CBB), a rural bank headquartered in Makati, Philippines, has chosen Indian fintech Kiya.ai to upgrade...
ICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more
D2X: Netherlands-based crypto derivatives exchange D2X raises $10 million in Series A funding led by Point72 Ventures. The...