GDPR Hampering Transaction Laundering Battle, Warn Risk Analytics Firms

New EU rules on data protection have had unintended consequences for firms fighting transaction laundering and fraud, due to restrictions placed on a global database seen as a critical resource by risk analytics firms.

The General Data Protection Regulation (GDPR), which took effect in May 25, tightened rules on how companies can process and store data with the ambition of empowering individuals and better protecting their personal information.

To continue reading...

Our Key Benefits

PaymentsCompliance is a premium information service for compliance, legal and regulatory professionals. Our award-winning regulatory monitoring platform is used by many of the world's leading payment services providers and e-money institutions, regulators, challenger banks, fintechs and law firms.

We keep our clients informed of critical regulatory change and help them understand, with in-depth analysis, when change is coming and the implications for their organisation.

We provide our clients with a quantifiable and significant ROI by reducing the amount of time and money spent monitoring and analysing regulatory environments in multiple jurisdictions.