Category: Anti Money Laundering

    Know Your Customer (KYC), which can also be called Know Your Client, is mandatory for banks, money service providers, and cryptocurrency exchanges. KYC allows f...

Currently, the cybersecurity risks for financial institutions is high. In recent years, there have been over one billion cyber attacks on financial institutions. They hav...

Money laundering is the process by which financial transactions are conducted in a way that obscures the link between the funds and their origins. Annually, money launder...

In the United States, data breaches have become increasingly more common. In the first half of 2018 alone 668 data breaches occurred which exposed over 22 million identit...

The online gaming industry is facing turmoil this past week. Regulations have changed, which greatly affect the industry. For all players in the online gaming industry, m...

Fortnite is an insanely popular video game developed by Epic Games with over 200 million global users. It was released in 2017 and has taken the world by storm, surpassin...

Earlier this year the Supreme Court of the United States repealed the Professional and Amateur Sports Protection Act (PASPA) of 1992. The PASPA was a law that outlawed sp...

As technology advances, so do fraud techniques. Online platforms are changing the ways criminals perform their nefarious activities. These customer-not-present environmen...

The Financial Action Task Force (FATF) defines a politically exposed person (PEP) as someone who has been be abused. There have been many examples of PEPs being associate...