BioCatch

MARCH 20, 2024

I launched the U.S. Secret Service’s Global Investigative Operations Center in August 2017 to serve as the internal fusion center to disrupt and dismantle financially motivated transnational organized criminal groups. At the time, I had extremely limited resources. How limited? It was me and two analysts.

Law Enforcement 52

Law Enforcement Money Laundering Laws Fraud Prevention 52

PYMNTS

FEBRUARY 21, 2020

It accomplishes that by threatening a critical immunity named Section 230 that firms have with federal law. Federal law enforcement agencies, for their part, have reportedly said those encryptions hamper their probes. News of the upcoming proposed legislation comes as the a source from the U.S.

Encryption 83

Encryption Laws Best Practices Law Enforcement 83

Fintech News

OCTOBER 6, 2024

It will allow law enforcement, sector supervisors, and government bodies to seamlessly screen databases and assess entities of concern for potential risks. On effective enforcement, the IMC proposes strengthening the legislative tools available to law enforcement agencies.

Money Laundering 122

Money Laundering Law Enforcement Financial Crimes Due Diligence 122

Fintech News

APRIL 11, 2024

Khoo, with an extensive background in public service, law enforcement, and national security, joins the company to enhance its efforts in combating fraud and financial crime within digital asset spaces. Blockchain intelligence company TRM Labs announced that it has named Boon Hui Khoo as its senior advisor.

Advisors 81

Advisors Law Enforcement Laws Financial Crimes 81

The Fintech Times

MAY 18, 2024

Binance was able to share its blockchain expertise and intelligence to help law enforcement bring the suspects to justice. However, their activities did not go unnoticed and law enforcement eventually caught up with them. We will continue to uphold this goal and deepen our cooperation with global law enforcement agencies.”

Money Laundering 69

Money Laundering Law Enforcement Financial Crimes Crime 69

Payments Source

JULY 11, 2019

A Spanish effort to prosecute a gang that used Bitcoin automated cash machines suspected of being a front for illegal-drug payments has exposed a hole in European anti-money-laundering controls, law enforcement authorities in the country said.

Money Laundering 92

Money Laundering Bitcoin Law Enforcement ATM 92

Payments Source

FEBRUARY 6, 2020

The payments company is working with nonprofit organizations, law enforcement authorities, victims and others to make it harder for the criminals behind the modern slave trade to move money.

Law Enforcement 90

Law Enforcement Laws Authorization Payments 90

Clearly Payments

JANUARY 12, 2024

This documentation may be valuable for law enforcement or investigations by financial institutions. Notify Law Enforcement Report the incident to local law enforcement by filing a police report. Provide them with all the documented evidence and details about the suspected fraudulent activity.

Credit Cards 86

Credit Cards Law Enforcement Card Issuer PCI DSS 86

Payments Source

MARCH 27, 2019

MoneyGram is investing more time and technology in helping law enforcement agencies spot the scammers moving money on its network.

Law Enforcement 85

Law Enforcement Laws Technology Fraud Detection 85

PYMNTS

JUNE 25, 2020

The unit will help law enforcement as well, bringing criminal charges when needed, the press release says. We are working hard to disrupt and dismantle these criminal networks, and we applaud the law enforcement authorities who are already part of this fight.

Crime 97

Crime Law Enforcement Laws Authorization 97

VISTA InfoSec

JUNE 21, 2023

Be sure to familiarize yourself with state laws, which your legal counsel will be able to help with. The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. Who you report the breach to can depend on the type of company and the scale of the impact.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

VISTA InfoSec

JULY 17, 2024

Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. You need to know these laws well because they affect how you manage cybersecurity when dealing with multiple languages. Think about the various regulations around the world.

Cybersecurity 231

Cybersecurity Compliance Encryption Best Practices 231

PYMNTS

AUGUST 14, 2020

Regulators and law enforcement will try their best to recoup the money, he told China Central Television Friday (Aug. regulators, a move that would put the firms in conflict with secrecy laws in China. 14), per the report. At one time, the P2P industry issued more than $150 billion of loans from 50 million investors.

P2P 126

P2P Law Enforcement Audit Non-Bank 126

The Paypers

AUGUST 28, 2024

EFCC, Nigeria's anti-corruption agency, has announced it is ready to work with international law enforcement to combat online extortion scams.

Scams 73

Scams Law Enforcement Laws 73

Fintech News

AUGUST 21, 2024

Binance has already handled 63,000 law enforcement requests in 2024, up from 58,000 in the previous year, underscoring the increasing regulatory scrutiny. The company’s spending on compliance, which stood at US$158 million two years ago, is expected to continue climbing.

Compliance 128

Compliance Law Enforcement Money Laundering Agreements 128

PYMNTS

DECEMBER 18, 2020

The rule, which applies to financial institutions and is consistent with existing requirements, is intended to protect national security, assist law enforcement and increase transparency while minimizing the impact on responsible innovation.".

Treasury 141

Treasury Rules Bitcoin Ransomware 141

VISTA InfoSec

OCTOBER 21, 2024

To overcome these challenges, data protection laws are established. Data protection laws safeguard personal information and establish important guidelines on collection, storage, processing, sharing and disposal of personal data. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

Fintech News

MAY 29, 2024

Despite these threats, Singapore has a robust and transparent legal and enforcement framework to detect and investigate money laundering activities, pursue prosecutions, recover assets, and cooperate internationally on environmental crime issues.

Money Laundering 107

Money Laundering Crime Risk Law Enforcement 107

Fintech News

AUGUST 25, 2024

OJK commissioner Agusman stated on 6 August that the regulator is closely monitoring Investree and coordinating with law enforcement to investigate the alleged fraud. He also noted that no capital injection from investors has been realized.

Legal 113

Legal Disputes Law Enforcement P2P 113

Fintech News

DECEMBER 18, 2023

However, a small proportion of recent remittances faced freezes by Chinese law enforcement agencies, with unclear reasons behind these actions. In most cases, these transactions are successfully deposited into the recipients’ Chinese bank accounts. Approximately 430 reports were against Samlit Moneychanger.

Rules 107

Rules Law Enforcement MFA Laws 107

PYMNTS

JUNE 14, 2019

The new law puts the responsibility on companies making the technology to make sure the cars are safe and don’t cause accidents. Florida is now the third state to pass such a law, behind Texas and Michigan. Drivers inside the cars, though, do not have to adhere to Florida’s cellphone ban while behind the wheel.

Laws 61

Laws Law Enforcement Risk Innovation 61

PYMNTS

FEBRUARY 26, 2020

Clearview AI said that a malicious actor “gained unauthorized access” to its list of customers, which include law enforcement agencies, police forces and financial institutions. In New Jersey, lawmakers initiated a ban across the state on law enforcement using the company’s software.

Law Enforcement 68

Law Enforcement Data Breach Laws Breach 68

Fintech News

FEBRUARY 21, 2024

If violations are proven, the OJK said that it will take necessary actions, potentially collaborating with law enforcement officials. The regulator is conducting an in-depth investigation through direct examinations of Investree, responding to recent concerns raised by the public.

Law Enforcement 116

Law Enforcement Audit Authorization Consumer Protection 116

PYMNTS

NOVEMBER 3, 2020

Amazon also said it has referred some particularly egregious offenders to law enforcement and plans to continue being vigilant on the issue, calling for federal prosecutors and states attorneys general to advance new investigations into price gouging and to resolve them quickly.

Law Enforcement 107

Law Enforcement Laws On-Demand Product 107

PYMNTS

MARCH 20, 2020

The chief executive of Impossible Aerospace, Spencer Gore, said that he was “working like crazy” to help other law enforcement organizations implement drone programs. .

Law Enforcement 126

Law Enforcement Use Case Legal Laws 126

PYMNTS

APRIL 30, 2020

The International Criminal Police Organization (Interpol), the Lyon, France-based global law enforcement agency, said suspects have been arrested delivering cocaine, marijuana, ketamine and ecstasy by bicycle, motorcycle and car in Ireland, Malaysia, Spain and the United Kingdom.

Law Enforcement 80

Law Enforcement Crime Laws Addressing 80

Fintech News

APRIL 22, 2024

This move aims to enhance law enforcement efficiency and prevent the laundering of money obtained through illegal activities. During a recent meeting on 19 April 2024, the Technology Crime Prevention and Suppression Committee mandated the SEC to identify and report unauthorised digital asset service providers to the ministry.

Blocks 109

Blocks Law Enforcement Money Laundering Crime 109

Fintech News

JANUARY 7, 2024

Moreover, the DPRK has been continually evolving its money laundering tactics to evade international law enforcement. As US sanctions and enforcement actions targeted their previous go-to obfuscation platforms like Tornado Cash and ChipMixer, North Korea pivoted to another mixer, the BTC service Sinbad.

OFAC 113

OFAC Law Enforcement Money Laundering Cryptocurrency 113

Fintech News

AUGUST 11, 2024

Focusing on four main pillars—Regulation and Development, Supervision and Law Enforcement, Licensing, and Information and Innovation—the roadmap outlines strategic objectives to foster a robust, inclusive, and sustainable IAKD sector.

Finance 111

Finance Law Enforcement Financial Literacy Innovation 111

Neopay

APRIL 22, 2024

The UK’s company law landscape underwent significant changes with the enactment of the Economic Crime and Corporate Transparency Act, effective from 4th March 2024. The post Changes to UK company law appeared first on Neopay. Here is a summary of what you need to know about the new measures.

Laws 52

Laws Crime Due Diligence Law Enforcement 52

Payments Source

JANUARY 17, 2020

which helps law enforcement track digital-coin transactions. Terrorism financing schemes using cryptocurrencies are growing in sophistication, according to researcher Chainalysis Inc.,

Law Enforcement 71

Law Enforcement Cryptocurrency Laws Research 71

PYMNTS

JANUARY 13, 2020

Amazon is cracking down on the sale of counterfeit goods, saying it will now cooperate more intensely with law enforcement on those matters. and European law enforcement whenever it can confirm that a fake item was sold to a customer through the site. Now, the company will be much more vigilant.

Law Enforcement 56

Law Enforcement Authorization Product Laws 56

PYMNTS

JULY 27, 2020

Irish law enforcement reportedly arrested two men in connection to the case. Law enforcement officials said their investigation remains ongoing. million in company funds were allegedly stolen in an invoice redirect scam, reports from Ireland’s Dublin Live said.

Law Enforcement 101

Law Enforcement Scams Phishing B2B 101

Fintech News

JULY 1, 2024

Security, intelligence, law enforcement, supervisory, and regulatory agencies work together to detect and respond to both existing and emerging threats. The country also collaborates with the private sector and academic institutions to enhance its understanding of these risks.

Risk Assessment 113

Risk Assessment Assessments Risk Finance 113

PYMNTS

MAY 14, 2020

The disparate standards among states present a significant challenge for retailers working to assist law enforcement, protect consumers, and comply with the law,” Huseman wrote.

Laws 57

Laws Federal Trade Commission Law Enforcement FTC 57

Fintech News

JUNE 16, 2024

The SPF will spare no effort to go after criminals, even those who operate beyond our borders, and we will continue to work with our foreign law enforcement partners to bring these criminals to justice.” The SPF would also like to thank the Cyber Security Agency of Singapore for their support.

Scams 112

Scams Law Enforcement Crime Compromise 112

PYMNTS

APRIL 12, 2020

Italian law enforcement officials said the country has seen a rise in this kind of activity. With governments imposing lockdowns to contain the virus, hackers have been known to pose as banks or other legitimate institutions to try to glean access to people’s private information to use for nefarious means, such as identity theft.

Data Breach 122

Data Breach Breach Identity Theft Law Enforcement 122