Source: FinCEN

The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.

Source: Kroll

Kroll, the leading provider of data, technology and insights related to risk, governance and growth, has found that whilst anti-money laundering (AML) continues to dominate global financial crime regulation, enforcement activity is slowing as attention turns from banks to other financial institutions.

Hackers are demanding a $15 million payment for the return of 54 million customer records stolen form a server operated by credit bureau TransUnion in South Africa.

Source: Worldpay

The UK’s e-commerce market, already the world's third largest, is forecast to grow by nearly 26 percent through 2025 to reach over £260 billion in transaction value, according to a new report released today from financial technology leader FIS® (NYSE: FIS).

While the long-lasting effects of the war in Ukraine on cryptocurrency remain unknown, drastic changes across the crypto industry have been felt since Russia’s invasion began eight days ago.

Source: Dynatrace

Software intelligence company Dynatrace (NYSE: DT) today announced TSB Bank is using the Dynatrace platform to accelerate innovation as it expands digital services for its customers.

Source: Solana Foundation

Aid for Ukraine - an initiative between the Ukrainian Ministry of Digital Transformation, Everstake (a Ukraine-based Web3 company), Solana (a public blockchain platform with smart contract functionality and whose native cryptocurrency is SOL) and the crypto community around the world, has already collected $1.4M in $SOL to date.