Top 10 Transaction Laundering Resources for Compliance Officers

On: October 10, 2017

Transaction Laundering is an advanced method of money laundering that runs rampant throughout the payments ecosystem. Despite the fact that it’s still below the radar of most KYC and AML professionals, forward-thinking compliance officers are taking it seriously. The reason? Liability. Imagine for a second that the players in...

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A Brief History of Money Laundering

On: September 30, 2017

With all the talk of anti-money laundering (AML) activities, and given the emerging threat of digital money laundering (a.k.a. transaction laundering) we thought it would be a good time to get a historical perspective on money laundering itself. Money laundering, not surprisingly, is as old as taxation itself. As...

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FTC Targets Transaction Laundering in Landmark Lawsuit

On: September 13, 2017

Does a lawsuit filed in Arizona by the US Federal Trade Commission signal a sea change in regulatory willingness to act aggressively against transaction laundering? A lawsuit filed in the United States District Court in Arizona at the end of July this year may be the tipping point in...

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[Webinar] The Future of Money Laundering is Here: How it is Moving into Payments

On: August 24, 2017

Join EverCompliant and the Merchant Acquiring Committee for a Webinar that explores the future of money laundering, and how the rise of the internet has given criminals an alternative method to wash their illegal proceeds.

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Transaction Laundering: Top News Stories 2017

On: August 06, 2017

Merchant Service Providers (MSPs) are required by law to ensure that the merchants they service and the payments they process are both known and legitimate. However, the rapid expansion in both volume of ecommerce transactions combined with the wide variety of payment methods available, have created a situation where...

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