One of President Donald Trump's Day 1 executive orders designated "certain international cartels" as "foreign terrorist organizations," a classification that according to the State Department "play[s] ...

Financial institutions can stay ahead of deepfake fraud by treating onboarding and authentication as a single attack surface.

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

The U.S. has ordered money transmitters along the Mexican border to start filing reports on cash transactions greater than ...

Learn about friction cost to make better informed decisions: its implications in investments and loans, and how it helps assess the true cost of financial transactions.

Review your credit card fee policies before traveling outside the U.S. to avoid surprise costs. If needed, apply for a credit card without travel-related surcharges and fees. To avoid high conversion ...

The Financial Transaction Services industry is poised to benefit from the increasing adoption of digital solutions. A robust digital offering allows industry players to leverage this trend effectively ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Bank of Thailand has instructed commercial banks and state-owned financial institutions to declare foreign currency ...