Toronto-based tech firm Surecomp is seeking to tackle attempts at double financing through the launch of an invoice comparison tool, which it hopes will broaden access to finance by minimising banks’ risk of exposure to fraud. Surecomp announced this week that the solution has been introduced to more than 25 international banks since the first .
Banks caught up in money laundering scandals suffer an average 21% slump in their share price, researchers say, as warnings grow over regulatory scrutiny of the trade finance sector. Penalties for anti-money laundering (AML) failings worldwide totalled around US$2.2bn in 2020, and another US$1bn in the first half of last year, according to a paper .
SINGAPORE - Eight years ago, Kane Lim stepped gingerly onto a scale in his home in Los Angeles and was gutted by what he saw. "I weighed a hundred kilograms. I knew I had to do something or I was going to die," says the star of Netflix reality series Bling Empire (2021 to present). But it was not until.
TV News - Eight years ago, Kane Lim stepped gingerly onto a scale in his home in Los Angeles and was gutted by what he saw. "I weighed a hundred kilograms. I knew I had to do something or I was going to die," says the star of