More than $8 billion in suspicious transfers caught the US Treasury's attention. How could so many payments pass through institutions while obscuring who was really getting paid? Explore the red flags and what banks must watch....
$6.3 billion in crypto assets stolen in just 20 minutes. North Korean hackers linked to the biggest crypto heist in history. Discover how Binance was breached, why billions remain at risk, and the race to recover the stolen funds....
Australia's Star Entertainment has been fined A$260 million for serious AML failures involving high-risk customers, inadequate due diligence and weak oversight. Explore AUSTRAC's findings and key lessons for regulated businesses....
In October, we explore the Coinbase €3.25 million penalty and South Korea’s hunt against 27 unregistered crypto exchanges. We also cover recent compliance updates, such as the UK Crypto Authorization Gateway and AMLA Final Drafts....
Fake IDs are getting harder to spot, but tougher KYC shouldn't mean more abandoned sign-ups. Discover seven crypto document verification must-haves, a real fraud case, and ways to stop impostors without losing genuine customers....
A $36.9M crypto scam. 174 US victims. One global money trail. With Zheng Zhao extradited to the US, discover how fake investment platforms allegedly moved stolen funds across borders and the AML warning signs businesses must spot....
The Anti-Money Laundering Authority (AMLA) and the European Anti-Fraud Office (OLAF) signal stronger financial-crime cooperation in a new joint agreement. This move is strategic, as the AMLA prepares for direct EU AML supervision....
Choosing the right biometric verification solution goes beyond vendor accuracy claims. Businesses should evaluate compliance, customer experience, and real-world performance to make informed buyer decisions and reduce fraud risks....
ComplyCube partners with FlexAML to help UK TCSPS tackle growing Anti-Money Laundering through automated business verification, individual authentication, tailored risk assessments and compliance-driven onboarding workflows....
KYC risk assessment is a key process in an effective AML program. It identifies, assesses, and classifies customer and business risk. They are crucial for cryptocurrency businesses to prevent financial crime and ensure compliance....
