Anti-money laundering (AML) Stories

Global Stories

Anti-money laundering (AML) stories

Western Union launches Stablecard with Rain in 37 markets

The service lets remittance recipients hold dollar value in 37 markets, helping protect balances from local currency swings before spending via Visa.

By Karen Joy Bacudo • 4 min read • Yesterday

Data Protection

Visa to buy BioCatch in USD $2.4 billion cash deal

The deal would bolster Visa's push into fraud prevention as banks battle account takeovers, scams and money mule activity.

By Karen Joy Bacudo • 4 min read • 3 days ago

Software-as-a-Service

OwlTing says OwlPay Harbor July payments jump 108%

Usage on OwlPay Harbor accelerated in July, with cross-border payment volume topping 107.6% monthly growth as more enterprise clients joined.

By Joseph Gabriel Lagonsin • 3 min read • 4 days ago

Customer Relationship Management

CFOs lack data trust, stalling AI adoption in finance

Most finance chiefs still lack a clear AI plan as poor data quality and governance delay automation across North American finance teams.

By Karen Joy Bacudo • 6 min read • 4 days ago

Crypto

ReconArt links reconciliation hub to Solana blockchain

The connector should help finance teams reconcile stablecoin transfers and AI-driven payments as blockchain settlement strains older back-office systems.

By Karen Joy Bacudo • 4 min read • 4 days ago

Digital Transformation

Abbyy launches document forensics for fintech fraud

Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.

By Mark Tarre • 4 min read • 4 days ago

Data Protection

How can phishing-resistant authentication strengthen AML compliance across the accounting sector?

Phishing-resistant logins could curb account takeovers that let criminals tamper with tax data, refunds and audit trails across firms.

By Geoff Schomburgk • 6 min read • 4 days ago

Software-as-a-Service

Fintech leaders say AI & AML shifts cut finance costs

Finance chiefs are facing tighter budgets as AI automation and new AML rules turn once-discretionary tech spend into a cost imperative.

By Mark Tarre • 4 min read • 4 days ago

Digital Transformation

Fintech leaders warn of tougher rules for digital assets

Tighter oversight is forcing digital asset firms and UK finance teams to upgrade controls, data and compliance before new deadlines bite.

By Sofiah Nichole Salivio • 6 min read • Last week

Data Protection

US tech founders shift wealth to Cook Islands trusts - Southpac Group

Rising AI and data privacy disputes are pushing more US technology entrepreneurs into offshore protection structures before claims emerge.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Software-as-a-Service

Payward buys Magic Labs wallet business for onchain push

Businesses will gain embedded self-custody tools as Payward folds Magic Labs' wallet infrastructure into its B2B platform for onchain services.

By Karen Joy Bacudo • 3 min read • Last week

Stories from Other Regions

Anti-money laundering (AML) stories

Digital Transformation

Australia urged to bolster digital finance & fraud defences

Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.

By Mark Tarre • 4 min read • 4 days ago

Fintech

Cleanverse launches Labs & ClevrGo for verified finance

Cleanverse Labs set for new incubation push as it moves hackathon ideas into verified on-chain finance products.

By Karen Joy Bacudo • 3 min read • 4 days ago

Data Protection

World Fintech Day spotlights trusted data in India and EMEA

Growth in India and the Gulf is exposing weak customer data, with inaccurate records slowing onboarding, payments and fraud checks.

By Bobby Joseph • 5 min read • Last week

Software-as-a-Service

Incode named Gartner leader for third straight year

The ranking reinforces Incode's pitch to banks and platforms seeking faster checks as deepfakes and synthetic identities raise fraud risk.

By Joseph Gabriel Lagonsin • 3 min read • Last week

Fintech

RBC & TD launch Swift's new payment scheme in Canada

Canadians getting money from abroad should see fewer deductions and faster arrivals as the new scheme is rolled out on selected routes.

By Karen Joy Bacudo • 4 min read • Last week

Software-as-a-Service

GrowIt taps Modern Treasury for real estate payments

Real estate sponsors could cut manual fund handling as the platform adds account, reconciliation and distribution tools across ACH, RTP, FedNow and wires.

By Karen Joy Bacudo • 4 min read • Last week