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  • Bank and Digital Finance

Australian bank agrees to $919M fine for money laundering

Deedra Mcgillivray 2 years ago

CANBERRA, Australia (AP) — Westpac, Australia’s second-largest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of anti-money laundering and counterterrorism financing laws, the largest ever civil penalty in Australia, a financial crime regulator said on Thursday. The regulator, AUSTRAC, said it had agreed with […]

  • Management

NICE Actimize Achieves Highest Score in Aite Group’s Global Fraud and Money Laundering Case Management Report

Deedra Mcgillivray 2 years ago

The MarketWatch News Department was not involved in the creation of this content. NICE Actimize, a NICE (NASDAQ: NICE) business, has achieved a Best-in-Class ranking and the highest average score in Aite Group’s inaugural 2020 “Aite Matrix: Case Management to Combat Global Fraud and Money Laundering” report among this year’s […]

  • Property, Furniture and Electronic

Canadian linked to money laundering and million-dollar Ponzi pyramid scheme scam arrested and deported

Deedra Mcgillivray 2 years ago

The network moved more than RD $ 86 million in the country in less than 3 years SANTO DOMINGO (Dominican Republic) .- The Specialized Anti-Money Laundering and Terrorism Financing Office, together with the National Police and Interpol, carried out seven raids in Barahona, Boca Chica and the National District to […]

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