After the UK parliament's Treasury Committee recommended treating cryptocurrencies like gambling, the British finance ministry, led by Andrew Griffith, has rejected this suggestion. Griffith...
Flagright has released a new report exploring why sanction screening is important for FinTechs and neobanks.
Sanctions screening processes involve checking transactions, customers and counterparties against lists of...
A report from the U.S. Department of Justice (DOJ) has revealed a 61% drop in the number of individuals incarcerated for cannabis-related offenses over...
Green fintech company Iceberg Data Lab has unveiled a novel product utilizing generative AI technology. This product swiftly generates real-time, text-based, and well-sourced explanations...
The German financial regulator, BaFin, has extended its measures aimed at preventing money laundering at the online bank N26. These measures were originally introduced...
Federal cannabis banking reform gains vital Republican support, thwarting filibuster prospects. Nine Senate Republicans, including Sen. Susan Collins of Maine, have rallied behind the...
Meta Revises Policy for CBD and Hemp Ads on Facebook and Instagram
Meta, the parent company of Facebook and Instagram, has updated its advertising policy...
In a significant legal ruling, Barclays has emerged victorious in a UK Supreme Court appeal, shedding light on the extent of a bank's responsibility...
Merrill Lynch, a broker-dealer, has agreed to pay a combined fine of $12 million to regulatory authorities for failing to submit approximately 1,500 suspicious...
BNP Paribas in Belgium has been fined €15 million for severe anti-money laundering (AML) failures, according to an announcement by Belgium's National Bank (NBB)....
The divestment process at IDBI Bank is progressing as potential bidders conduct financial due diligence for the acquisition of a 60.72% stake. The bank...
