Fraud

What Keeps Money Launderers Up at Night?

Posted: 09/01/2020 - 23:58
Author: John O’Neill
Suspicious Activity Reports

If you’re laundering money or financing terrorism, what keeps you up at night?

Beyond the day-to-day intrigues of a life of crime, you have a money trail to worry about. Sure, you fear the sophisticated law enforcement and intelligence agencies with the power to track you, shut you down, and put you behind bars. But what about the thousands of watchful eyes observing your money as it flows through banks, casinos, real estate and other covert financial conduits?

Blockchain...The Answer to the Financial Service Industry's Prayers?

Posted: 05/15/2018 - 04:14
Author: Andrew Frost

Since the financial crisis of 2008, the financial services industry has been inundated with new rules and regulations that have consumed resources and increased spend on compliance. All of this is occurring at a time when the industry has also been under increasing competition from financial technology (fintech) firms. Whilst the fintech industry is booming by providing new innovative products at a rapid pace, traditional incumbents have appeared less agile at adopting these.

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