payment transparency

  • FATF Fraud Roadmap 2026-2028: Fraud as a Core AML Risk

    On 1 July 2026 the United Kingdom took over the two-year Presidency of the Financial Action Task Force and used its first day to launch the FATF 2026-2028 Roadmap on Combatting Fraud. The launch event, opened by the incoming FATF President Giles Thomson and supported by Executive Secretary Violaine Clerc, set fraud as one of…

  • Wolfsberg Non-Bank PSP Guidance: Banking the Sector Without De-Risking

    On 15 July 2026 the Wolfsberg Group published its Guidance on the Provision of Banking Services to non-bank Payment Service Providers, and it lands on a problem most financial crime teams already know by feel: the bank holds the account, but it is several parties removed from the person actually sending the money. The new…