DUTCH firm Bunq has been fined €2.6 million due to its transaction monitoring system – here’s are the key AML lessons for fintechs. Read More
Home » INSIGHT: Why Bunq’s €2.6M fine casts doubt over AI transaction monitoring
INSIGHT: Why Bunq’s €2.6M fine casts doubt over AI transaction monitoring
Related Posts
NEWS: UK’s FCA warns of scammers impersonating the watchdog
THE UK’s Financial Conduct Authority (FCA) financial watchdog has warned consumers of a surge in scam artists posing as the watchdog. Read More
NEWS: AMLA Executive Board member Rikke-Louise Ørum Petersen: ‘We should simplify compliance rules’
RIKKE-Louise Ørum Petersen, one of the new AMLA Executive Board members, has said the agency must work to harmonize EU compliance rules. Read More
NEWS: India urges banks to tighten checks over ‘high risk’ fund flows from Pakistan
THE Reserve Bank of India (RBI) has asked the country’s lenders to increase scrutiny over funds flowing indirectly from Pakistan. Read More