FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. NFTs and Money Laundering - Are Fraudsters Becoming Artists? The NFT of Everydays, The First 5000 Days by Mike Winkelmann sold for $6.9 Here are excerpts.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

Fintech News

FEBRUARY 15, 2024

The sum represents more than double what was secured in 2021 (US$1.2 The development of Layer 2 blockchains like Polygon and Arbitrum, along with alternative Layer 1s such as Solana, is facilitating higher transaction volumes per second, while reducing associated fees, paving the way for widespread adoption.

Innovation 119

Innovation FinTech Cross-Border Payments Cross-Border 119

Fintech News

JUNE 10, 2024

EduFi, launched in November 2021, aims to provide student financing solutions to the masses, particularly focusing on assisting middle-class citizens in Pakistan to gain higher education. Following a successful pilot launch in 2021, EduFi began disbursing loans earlier this year. The startup secured US$6.1

FinTech 127

FinTech Non-Bank Finance AI 127

The Paypers

OCTOBER 6, 2021

Sales volumes of non-fungible tokens (NFTs) have surged to USD 10.7 billion in the third quarter of 2021, according to data from market tracker DappRadar.

NFTs 28

NFTs Volume 28

Neopay

JULY 18, 2024

The Scale of Money Laundering Global Scale: The United Nations Office on Drugs and Crime estimates that annual laundering volumes range from 2% to 5% of global GDP. billion in cryptocurrency was laundered in 2022, representing a 68% increase over 2021. For 2024, this translates to between $2.22 trillion and $5.54

Money Laundering 52

Money Laundering AML Crime Cryptocurrency 52

Fintech Labs Insights

FEBRUARY 8, 2022

The Tilt launched a social token $TILT in March 2021 on the Rally network (note 2). What about NFTs? NFTs are another viable route to encouraging and rewarding membership-powered businesses. It’s working great for the NFTs that capture popular attention ( case in point, Gary Vaynerchuk’s VeeFriends , see note 3 ).

NFTs 15

NFTs Small Business Scams Non-Bank 15

Finovate

NOVEMBER 20, 2024

The regulations build on legislation first issued in 2021 by the European Commission as part of a reform of the EU’s Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) program. This can weaken the effectiveness of the E.U.’s Brian Armstrong is CEO.

Rules 59

Rules Cryptocurrency Payment APIs and Integration Regulations 59