AML/CFT Violations

Fintech developments have inadvertently created channels for financial crimes, resulting in ever-more stringent regulatory requirements.

Money Laundering

Money laundering is the process of disguising money obtained illegally by passing it through legitimate sources. Criminals employ a variety of methods to complete the three stages of money laundering: placement, layering, and integration - all of which can be conducted on digital platforms.

Terrorist Financing

Terrorist financing is the provision of funds to terrorist groups. These can be disguised in many forms, such as charity donations and multiple small-value transactions.

Regulatory Non-Compliance

Regulatory non-compliance is the failure to comply with specific regulations or laws. Regulatory authorities may require companies to limit the number or nature of activities that can be performed by certain users. However, these can be circumvented through various malicious means and tools.