The Ashton Whiteley Scam illustrates how financial crime really works. Not a lot of personal cases were shared with the public before in order to make financial crime tangible. Here is an outline of events of a victim of the Ashton Whiteley Scam a couple of years ago.

Professional looking e-mail and information leaflet

If we thought 2019 ‘was quite a year’ and that 2020 would bring some challenges, then how on earth do we begin to verbalise the last 9 months? Despite epidemiologists warning of a once-in-a-lifetime pandemic, the most advanced nations in the world were ill-prepared for the scale of the fall-out. The effects of which are still being felt, and will continue to do so for many months, despite vaccines coming on stream. Confidently predicting what is going to happen in 2021 is very difficult, however, there are possibilities that we can forecast given the reality of the past few months.

The Hamburg-based FinTech TrustBills had a very successful year and is now setting the course for the future. This also includes a greater professionalization of existing structures, among other things by creating and filling new strategic positions. The first new addition this year is Hoi Fung (38), who as Head of Sales will be responsible for the sale of all existing and future products. Mr. Fung will join TrustBills in March this year. 

Identity Document Experts TrustID and Financial crime platform TruNarrative join forces to deliver expert document review into firms’ onboarding strategies.

Global RegTech company, TruNarrative has announced a new partnership with TrustID, to integrate their expert document review service into the TruNarrative platform. Enabling TruNarrative customers to utilise the industry expertise that the TrustID team bring.

Fingerprint Cards AB (Fingerprints™) today announces its slim mobile sensor, FPC1541, has been successfully evaluated in line with the EMV® Consumer Device Cardholder Verification Methods (CDCVM) Security Requirements. This is the first announced fingerprint sensor for mobile devices to achieve this approval, demonstrating the quality, security and performance of Fingerprints’ sensor when used t

The UK economy, particularly small companies, are currently facing the twin challenges of Brexit and the pandemic. The FCA (the Financial Conduct Authority) and FSB (Federation of Small Business) have both published figures this month that show the alarming impact on SMEs (see below).  Whilst the Government recognise that it is a challenging year and are helping with grants, they do not appear to have recognised a distortion in the market, caused by Brexit, that is affecting one of the UK’s most important sectors.

SteelEye, the compliance technology and data analytics firm, today released a new e-book titled “Five Ways to Comply Smarter with Financial Regulation.”

Integral, a leading FX technology provider, announced today that IS Investment, Turkey’s largest investment bank, has extended its use of Integral’s trading technology and MT4 Bridge solutions to expand their products and services.

Marc Levin, former CEO of CFH Group, has joined United Fintech as Partner and COO. With responsibility for the operational and commercial aspects of United Fintech’s portfolio, Marc will play a major role in helping to scale the fintechs acquired by United Fintech and enabling banks worldwide to have easy access to these innovative capital markets solutions.

Copper.co, the London-based digital asset infrastructure provider, today announced it has entered into an agreement to act as a custodian for Hehmeyer, the Chicago-based global market maker in digital assets. Copper will provide Hehmeyer with a custody solution for Hehmeyer’s assets and off-exchange settlement functionality.