Kroll invests in fraud detection platform EverC
Source: Kroll
EverC, a pioneer in AI-driven merchant and marketplace risk intelligence and insights for ecommerce and payment providers, recently announced a new investment by the & Opportunity Fund and strategic partnership with Kroll, the leading independent provider of risk and financial advisory solutions.
Binance pulls out of FTX takeover
Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.
BNP Paribas Asset Management releases ESG e-learning primer for clients and staff worldwide
Source: CFA Institute
BNP Paribas Asset Management (BNPP AM) and CFA Institute today announced the global launch of an e-learning primer to support the understanding of the importance of acquiring ESG (Environmental, Social and Governance) skills and the growing need for greater sustainability knowledge and awareness among finance and investment professionals.
CFA paper calls for ethical use of AI
Ethical considerations should feature more prominently in the use of artificial intelligence (AI) in the investment management world, according to a recently published paper.
FinCEN fines USAA $140 million for violating Bank Secrecy Act
Source: FinCEN
The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.
FinCEN fines USAA $140 million for violating Bank Secrecy Act
Source: FinCEN
The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.
AidForUkraine - $1.4M in $SOL donated by the Solana community to help Ukraine resist Russia
Source: Solana Foundation
Aid for Ukraine - an initiative between the Ukrainian Ministry of Digital Transformation, Everstake (a Ukraine-based Web3 company), Solana (a public blockchain platform with smart contract functionality and whose native cryptocurrency is SOL) and the crypto community around the world, has already collected $1.4M in $SOL to date.
UK pushes Europe to cut Russia off from Swift
As Russia moves further into Ukraine and sanctions have isolated Russian banks from the rest of the global financial system, depriving the country of vital technology, UK foreign secretary Liz Truss has revealed that the “UK is working with allies to exclude Russia from the Swift financial system.”
