Recent actions by the Trump administration to cease the enforcement of penalties on businesses failing to comply with the Corporate Transparency Act (CTA) have stirred significant controversy. The CTA, passed by Congress in 2021, requires corporations and limited liability companies to disclose
The financial services industry is increasingly recognizing the critical need for robust cybersecurity measures. With the rise in sophisticated cyber threats, financial institutions must leverage threat intelligence and automate cybersecurity processes to defend against potential attacks
Kofi Ndaikate is well-versed in the dynamic world of Fintech. His expertise spans various industry areas, from blockchain and cryptocurrency to regulation and policy. Today, we discuss key insights from Signicat’s “The Battle Against AI-Driven Identity Fraud” report, focusing on the dramatic incre
Mastercard's new nationwide survey, launched ahead of Fraud Prevention Month in March 2025, reveals significant concerns among Canadians regarding financial fraud and its potential impact on financial health and well-being. Despite the alarming statistics, many Canadians appear to lack the
In a significant development in the cryptocurrency world, the Department of Justice (DOJ) has reached a settlement with Aux Cayes FinTech Co. Ltd., an affiliate of the cryptocurrency exchange OKX. The company has faced serious allegations of violating United States anti-money laundering (AML)
The rising incidence of IRS tax refund check theft has spurred the House Ways and Means Committee into action, advancing a suite of legislative measures aimed at protecting taxpayers and improving the overall efficiency of the tax system. This bipartisan initiative underscores a collective
