Visa Connects Strong Compliance to Increased Customer Lifetime Value for Issuers
Compliance used to be something thrown into the background, often confined to legal departments. However, it’s now stepping into the spotlight and becoming a crucial factor for growth in both traditional financial institutions and fintech companies. This shift means compliance isn’t just something to think about after launching a product. No, it needs to be […]
Tilray Brands Reaffirms Plan to Achieve Nasdaq Compliance; Seeks Extension for Meeting Listing Standards
Tilray Brands, Inc. Updates on Compliance and Market Response New York and Leamington, Ontario, August 14, 2025 – Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) is actively exploring various strategies to meet NASDAQ’s listing standards regarding price per share. These include potential shareholder-approved reverse stock splits as a way to enhance its capital structure and […]
Paxos Agrees to $48.5 Million Settlement with New York Due to Compliance Issues
The recent settlement revolves around Paxos, a digital currency company, facing criticism for inadequate due diligence linked to its partnership with cryptocurrency exchange Binance. This was noted in a press release issued on August 7th by a former partner. The New York Department of Financial Services (NYDFS) identified significant shortcomings in Paxos’s anti-money laundering (AML) […]
Zebec acquires compliance company Gatenox in preparation for MiCA and FCA regulatory changes
Zebec Network Acquires Gatenox to Enhance Compliance Infrastructure Zebec Network, a financial infrastructure company, has acquired Gatenox, a platform focused on compliance and identity. This move allows Zebec to deepen its roots in a more heavily regulated market. According to an announcement shared with Cointelegraph, this acquisition equips Zebec with essential tools for Know Your […]
The Future of Bank Compliance? An AI Solution Is Available
With financial complexities rising and customer expectations skyrocketing, the challenge of trimming excessive compliance has emerged as a vital area for innovation. “For the past two decades, compliance has developed various systems to identify risks,” stated Green Light AI’s CEO Will Lawrence during a conversation with Pymnts CEO Karen Webster. “But what happens when those […]
REAL ID becomes mandatory on Tuesday – where is compliance the lowest?
As the Real ID deadline looms this Wednesday, travelers may encounter some issues when flying for summer vacations. While at least twelve states report over 90% compliance with the actual ID requirements, many others still have a significant portion of their populations that need passports for air travel. States like Colorado, Florida, Georgia, Maryland, Nebraska, […]
REAL ID sees full compliance, but in the past, several states objected
All 50 states, the District of Columbia, and the US territory are all compliant ahead of the May 7th federal deadline, but the actual ID was once roundly opposed by several state governments. Two years after President George W. Bush’s 2005 law passed, several state leaders had already expressed dissent over compliance with national standards. […]
Education Secretary Engages Columbia and Harvard Presidents on Compliance with Legal Standards!
The Education Director, Linda McMahon, shared insights regarding her discussions with both the presidents of Harvard and Columbia concerning adhering to legal standards amid the government’s attempt to alter educational policies. “I communicated with the Columbia University President, as well as Harvard’s president, about ensuring compliance with legal requirements,” McMahon informed CNBC on Tuesday. “I […]
Trump admin orders ICE agents to check migrants’ compliance with online registry — and refer to DOJ if they don’t
The Trump administration has ordered immigrants to confirm whether immigrants submitted their names and personal information to online registration as part of an expanding president's massive deportation effort. If an immigrant fails to register or does not retain evidence of registration, immigration and customs enforcement agents are said to “treate foreign cases as immigration enforcement […]
TD Bank Says Guidepost Solutions Will Oversee AML Compliance Remediation Efforts – PYMNTS.com
TD Bank US authorities said Thursday (February 27th) chose a consulting company. Guide post solutions As an independent monitor to oversee bank remedial efforts. Leosalomthe US head of TD Bank said in the bank's revenues, Ministry of Justice and Ministry of Finance's Financial Crime Enforcement Network (Fincen) Monitor and Wall Street Journal were jointly selected […]