News
FinCEN Flags $270M in Suspected Federal Student Aid Fraud
FinCEN identified about $270 million in suspicious activity tied to federal student aid fraud and referred the findings to investigators.
AMLTag: AML
Analysis
Basel AML Review Finds Manual Work Persists as AI Expands
A Basel review of 19 jurisdictions finds AML supervision still relies on manual work as banks and regulators expand AI-based transaction monitoring.