As financial crime grows in scale, speed, and sophistication, banks are increasingly turning to artificial intelligence, ...

Overview As the volume of legitimate cross-border financial transactions and investment has grown in recent decades, so too ...

A concentration account aggregates funds from various accounts into one to enhance cash management efficiency. Learn its purpose, benefits, and precautions against misuse.

Learn about the methods that criminals use when they are looking to launder money and how the government seeks to prevent them.

Immediate-past Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has been charged with money laundering. He will face a 16-count charge. The Economic and Financial ...

The Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), says one of the major contributors to money laundering and other financial crimes in Nigeria and other West Africa ...

The FBI and Michigan State Police along with law enforcement agencies in Finland and Germany took down the online infrastructure of a cryptocurrency exchange that allegedly laundered funds for ...

Emily Mochama Specialist - Financial Crime Compliance explains a photo taken at Westgate terror attack. [Jonah Onyango, Standard] A financial crime compliant expert ...

Chinese citizens want to get money out of the country, while criminals are looking to clean illicit funds. They’re both using the same broker. An underground banking network in China has spent the ...

The executive director of the Black Lives Matter chapter in Oklahoma City was indicted for allegedly siphoning off more than $3 million in grants to bankroll luxury vacations, shopping sprees, ...

A Roanoke woman was arrested in connection with an alleged apartment rental scam targeting a Staunton resident. The suspect faces a felony money laundering charge after reportedly converting some of ...

OKLAHOMA CITY (AP) — A federal grand jury indicted the leader of the Black Lives Matter movement in Oklahoma City over allegations that millions of dollars in grant funds were improperly spent on ...