Click here to go back to the newsletter Oct 10 – Canada’s TD Bank (TD.TO), agreed to pay a combined $3 billion in penalties on Thursday as part of a settlement with U.S. authorities over charges it failed to monitor and prevent money laundering.The issue highlights a recurring challenge in the financial industry. Intermediaries like […]

Click here to go back to the newsletter It comes with encouraging news and a note of caution: Overall dollar losses are down $9 billion from the previous study year, but two decades of studying identity fraud show that the ups and downs require financial services providers and consumers’ ongoing vigilance to protect personally identifiable […]

Click here to go back to the newsletter The Growing Imperative for Robust Compliance Financial crimes, identity fraud, and money laundering are escalating at an unprecedented rate, threatening the integrity of global financial systems. With over $10 billion in AML-related fines imposed annually and identity fraud losses exceeding $52 billion globally, financial institutions, fintech companies, and […]