TIRANA (Reuters) - Albania's parliament approved a series of laws on Monday aimed at plugging holes in legislation against money laundering as part of efforts to persuade the European Union to launch accession talks.
Discover is dropping fees from its online checking and savings accounts amid shifting customer expectations around retail banking charges.
On June 16, the global watchdog that sets standards for anti-money laundering and combating the financing of terrorism (AML/CFT) will conveneat its plenary in Orlando and decide whether Iran has met the global body's requirements. That organization is the Financial Action Task Force, known as FATF, which is comprised of 36 member countries.
Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.
Deutsche Bank on Monday acknowledged a lapse in its money laundering controls, underlining the bank's continuing struggle to move beyond a series of scandals that have helped push its stock price to a record low.
Corruption impedes equitable development, destabilizes societies, and undermines the institutions and values of democracy. It is viewed by many as one of the world's greatest problems. According to a Gallup poll, a majority of people even place its negative impacts ahead of global problems like climate change, poverty and terrorism.
Cryptocurrencies “highly probable” to be the future of international money transfers, MoneyGram executive says
Cryptocurrencies are likely to be the future of cross-border money transfers, MoneyGram's global head of product and innovation Youri Bebic has said in an interview with The Institute for Robotic Process Automation and AI.
French Minister of State for Foreign Affairs says his country supports India in the fight against terrorism and terror financing
Fintech is mainstream, according to a global survey from EY which finds that financial technology services are used by the majority of people in India, China and the UK, although are considerably less popular in the US, France and Japan.
Myanmar has a high chance of falling back into the category of "high-risk" country on an international money-laundering watchlist because of its failure so far to impose and enforce adequate safeguards, according to officials and experts.