Cash Is No Longer King of U.S.-Mexico Remittances
Digital money transfers have overtaken cash for the first time in the U.S.-to-Mexico remittance corridor, marking a shift in the world’s largest flow of cross-border family payments and intensifying pressure on traditional cash-based providers.
UK Joint Committee Warns on Britain’s ‘Brittle’ Checks on Political Illicit Finance
A UK parliamentary committee warned on Wednesday that weaknesses in Britain’s political finance regime leave it vulnerable to illicit foreign funds, and said enforcement remains too fragmented and underpowered to deter abuse.
Drug Trafficking and Money Laundering are Worsening in the UK: NCA
Serious and organized crime became more diverse and more harmful in 2025, with drugs, organized immigration crime, and illicit finance all worsening, according to a new report by the UK’s National Crime Agency (NCA).
Viktor Orban and the Palatial Hapsburg Manor He Says He Doesn’t Own
Hungary’s long-serving Prime Minister Viktor Orbán is facing mounting political pressure ahead of an April 12 election as a sprawling estate in his home village becomes a flashpoint for opposition claims of corruption.
Bank of America Aims to Settle Lawsuit Brought by Epstein Victims
Bank of America has agreed in principle to settle a proposed class action lawsuit brought by Jeffrey Epstein’s victims ,who accused the lender of aiding the late financier’s sex-trafficking operation.
Singapore Warns on Money-Laundering Risks of Variable Capital Companies
Singapore’s financial regulator has warned fund managers that a popular low-tax investment structure introduced to attract offshore capital could be exploited for money laundering.
North Korea’s AI-Enabled Fake-Worker Scams Are Expanding Into Europe
North Korean IT operatives are increasingly using artificial intelligence tools to pose as remote workers, win jobs, and draw salaries from European companies, the Financial Times reported, citing cyber security experts who said the threat is spreading beyond the United States.
Tether’s Ascension in Crypto-Sphere Follows New Political Alliances
Tether is accelerating its push into the United States, betting that political support in Washington, deep Treasury holdings, and a growing investment portfolio will cement its place in mainstream finance.
Leon Black to Be Deposed in Case Alleging BofA Ignored Epstein Red Flags
Leon Black, the billionaire financier and former chief executive of Apollo Global Management, has been ordered to sit for a deposition in a lawsuit accusing Bank of America of facilitating and profiting from Jeffrey Epstein’s sex-trafficking operation.
UK Fraud Reports Reach Record High, with AI Poised to Worsen the Problem
Fraud in the UK reached a record level in 2025, with 444,993 cases filed to the National Fraud Database, according to Cifas’s latest Fraudscape 2026 report.