Reported by Scott Hamilton (Summary version featured below) A recent survey conducted by Celent and Hawk has revealed a growing trend of collaboration between financial institutions’ fraud and anti-money laundering (AML) teams. About 80% of institutions now work together in these areas, with over half sharing systems to some extent, and all using artificial intelligence […]

Reported by KARINA SUÁREZ (Summary version featured below) In a closed-door meeting during Mexico’s annual Banking Convention in Nayarit, U.S. Treasury officials and Mexican banking leaders met to strengthen anti-money laundering coordination between the two countries. Emilio Romano, president of the Mexican Banking Association, announced Mexico’s readiness to work closely with U.S. counterparts, emphasizing the […]

Reported by Al Jazeera English and Critical Analysis

Reported by Kevin T. Dugan (Summary version featured below) In the aftermath of the 2022 crypto market collapse, billionaire Barry Silbert, a prominent figure in the digital asset space, assured investors their money was safe. However, new court filings suggest a stark contrast between his public reassurances and private actions. According to creditors of Genesis […]

Reported by Jennifer Trowbridge Certain registered investment advisers (RIAs) and Exempt Reporting Advisors (ERAs) will face new federal compliance and filing requirements in the new year. Starting January 1, 2026, they will be required to comply with Financial Crimes Enforcement Network’s (FinCEN’s) new anti-money laundering (AML) and countering the financial terrorism (CFT) regulation. This is […]

Reported by The Wall Street Journal

Reported by Truth Hurts podcast

Reported by Protos Staff Coinbase has revealed that cybercriminals have tried to blackmail the exchange for $20 million in bitcoin (BTC) and have bribed rogue customer support agents to steal customer data. According to the company’s CEO, Brian Armstrong, a ransom note sent to the exchange threatened to release this data that could be used to […]

Reported by NewsNation

Reported by Bradley L. Henry, Kathleen H. Shannon Of Blank Rome LLP (Summary version featured below) In spring 2025, the Department of Justice (DOJ) launched a significant overhaul of its financial crime strategy, marked by two major announcements: Deputy Attorney General Todd Blanche’s April 7 Memorandum and Criminal Division Chief Matthew Galeotti’s May 12 speech at the SIFMA […]