Browsing: Compliance
Key insight: Fintechs and small banks may receive additional scrutiny from regulators on know-your-customer compliance.Expert quote: “Shadow banking is a…
Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number…
Data collected by the Conference of State Bank Supervisors demonstrates a huge disparity in compliance costs between large and small…
As autonomous AI “agents” increasingly access banking systems, new rules for verifying their status are desperately needed, writes Zor Gorelov,…
Noelle Acheson looks at how zero-knowledge proofs are more than a new way of looking at financial compliance — they…
Key insight: The agency predicts it will collect voluntary survey data on anti-money laundering compliance costs from hundreds of thousands…
U.K. payment company Wise was tagged with a $4.2 million consent order for anti-money-laundering deficiencies following a multistate examination that…
The ongoing turmoil in the Middle East has highlighted the complexities of successful anti-money-laundering compliance in a conflict zone. U.S.…
The Consumer Financial Protection Bureau is extending the compliance dates of the small business lending rule by roughly a year,…
Unlock the Digest of the editor for freeStarling Bank’s profit fell by more than a quarter last year, because the…