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€350,000 AML Fine: Central Bank of Cyprus Sanctions Payabl Over 2020 Compliance Failures

Central Bank of Cyprus
A regulated Cyprus-based E-Money Institution (EMI) has been fined €350,000 by the Central Bank of Cyprus following an AML compliance examination covering the 2020...

Listing News

Regulation

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CyberFinance

Former Revolut Employee Allegedly Threatened KYC Data Leak

Compliance
Another compliance-related controversy has surfaced in the fintech sector — this time involving Revolut. According to recent reporting, a former employee allegedly threatened to leak sensitive customer KYC (Know Your Customer) data following a dispute with the...

Stripe Stablecoin Unit Bridge Tightens Geographic Risk Controls Amid Bank Charter Push

Blockchain & Crypto
Stripe’s stablecoin infrastructure subsidiary Bridge has moved to restrict support for a set of high-risk geographies it previously categorized as “controlled,” a shift that comes as the company advances a significant regulatory milestone: conditional approval from...

No Surprise Here: FMA Slams the Brakes on KuCoin EU Exchange GmbH Amid Explosive AML and Sanctions Violations!

Austrian FMA
FinTelegram sounded the alarm. We exposed the gaping holes, the glaring red flags, and the staggering audacity of the regulatory maneuvers. Now, the inevitable has happened: The Austrian Financial Market Authority (FMA) has officially stepped in,...

Alerts

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Politics

€350,000 AML Fine: Central Bank of Cyprus Sanctions Payabl Over 2020 Compliance Failures

Central Bank of Cyprus
A regulated Cyprus-based E-Money Institution (EMI) has been fined €350,000 by the Central Bank of Cyprus following an AML compliance examination covering the 2020 financial year. The sanction, now under judicial review, constitutes a confirmed supervisory...

Former Revolut Employee Allegedly Threatened KYC Data Leak

Compliance
Another compliance-related controversy has surfaced in the fintech sector — this time involving Revolut. According to recent reporting, a former employee allegedly threatened to leak sensitive customer KYC (Know Your Customer) data following a dispute with the...

Stripe Stablecoin Unit Bridge Tightens Geographic Risk Controls Amid Bank Charter Push

Blockchain & Crypto
Stripe’s stablecoin infrastructure subsidiary Bridge has moved to restrict support for a set of high-risk geographies it previously categorized as “controlled,” a shift that comes as the company advances a significant regulatory milestone: conditional approval from...
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Science

€350,000 AML Fine: Central Bank of Cyprus Sanctions Payabl Over 2020 Compliance Failures

Central Bank of Cyprus
A regulated Cyprus-based E-Money Institution (EMI) has been fined €350,000 by the Central Bank of Cyprus following an AML compliance examination covering the 2020 financial year. The sanction, now under judicial review, constitutes a confirmed supervisory...
spot_img

Former Revolut Employee Allegedly Threatened KYC Data Leak

Compliance
Another compliance-related controversy has surfaced in the fintech sector — this time involving Revolut. According to recent reporting, a former employee allegedly threatened to leak sensitive customer KYC (Know Your Customer) data following a dispute with the...

Stripe Stablecoin Unit Bridge Tightens Geographic Risk Controls Amid Bank Charter Push

Blockchain & Crypto
Stripe’s stablecoin infrastructure subsidiary Bridge has moved to restrict support for a set of high-risk geographies it previously categorized as “controlled,” a shift that comes as the company advances a significant regulatory milestone: conditional approval from...

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