As we gaze toward the horizon of the next decade, an unprecedented, technology-driven transformation looms large over the financial landscape, particularly within regulatory technology (RegTech). By 2032, the RegTech sphere is forecasted to morph from its current valuation of $12.82 billion to a
Nevada has set the benchmark for gaming regulation, securing a reputation that has become a central pillar of the state's identity and an exemplar worldwide. Yet, a recent case involving former casino executive Scott Sibella, charged with money laundering, brings a spotlight to the Silver
The Scale of the Problem Tech Support Scams Predominate An FBI report has thrown the spotlight on a disturbing trend: the elderly, one of the most vulnerable segments in society, are increasingly falling prey to financial scams. The agency’s findings highlight that older Americans have suffered s
The financial industry has been undergoing a seismic shift in the past decade, primarily driven by advancements in technology. One of the key areas where this impact is most felt is in regulatory compliance, where Regulatory Technology, or 'RegTech', presents cutting-edge solutions to
Understanding FinCEN's Enhanced AML Regulations The Scope of the New AML Requirements FinCEN's regulatory expansion is a targeted strike against money laundering in the residential real estate sector. Given the anonymity afforded by all-cash transactions, these purchases have become a
How Will the EU's New AML Laws Impact Financial Oversight? The European Union has taken a significant step forward in its ongoing battle against money laundering and terrorist financing with the adoption of a comprehensive Anti-Money Laundering legislative package on April 24, 2024. This
