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...
The European Banking Authority (EBA) has recently taken significant steps to address the risks of money laundering and terrorist financing associated with crypto-asset service...
The Financial Action Task Force (FATF) held its third plenary meeting under the Singapore Presidency in June 2023. The discussions during the meeting covered...
Lately, the sentiment in the cryptocurrency market has experienced a notable surge, propelled by a wave of optimism ignited by institutional investors submitting applications...
Amazon Web Services (AWS) has introduced the AWS Generative AI Innovation Center, a program aimed at assisting customers in developing and deploying generative artificial...
Google Cloud has unveiled Anti Money Laundering AI (AML AI), an AI-powered solution aimed at assisting global financial institutions in more efficiently identifying instances...
