London-based FinTech ePayments has announced it is winding up the business, after three years of regulatory scrutiny over anti-financial-crime failings.
A majority of financial services professionals lack confidence in their anti-money-laundering (AML) procedures. Despite this, many AML budgets may be slashed as economic conditions worsen.
Registration for anti-money-laundering (AML) supervision is rising in the UK, according to research from identity verification software vendor, Credas Technologies, using data supplied by HMRC.
The mobile wallet sector has become one of the fastest-growing industries in the world, spurred on by the likes of Apple, Google, challenger banks, and FinTech innovators.