Tornado Cash dev Alex Pertsev set to be released from prison under surveillance - The Tornado Cash developer was arrested in August 2022 by Dutch a... - https://cointelegraph.com/news/tornado-cash-dev-alex-pertsev-set-to-be-released-from-prison-under-surveillance #cryptocurrencies #moneylaundering #moneytransfers

Banks with crypto services require new Anti-Money Laundering capabilities - Large financial institutions are getting involved in digital asse... - https://cointelegraph.com/news/banks-with-crypto-services-require-new-anti-money-laundering-capabilities #moneylaundering #moneytransfers #fiatmoney #banking #banks #law #aml #kyc

When did Plaid come into existence for business to bank and bank to bank transfers?
I for encounter Plaid will Etsy last year. Now Citi wants to use Plaid to link to a bank
Thoughts?
I do not like having to share credentials like is required with Plaid
#banktransactions #Plaid #moneytransfers

Some helpful tips for #privacy and #CyberSecurity in the #financial area, especially for #moneytransfers

#WesternUnion : doesn't offer two-factor authentication. poor choice.

#WorldRemit : doesn't offer two-factor authentication. poor choice.

#Remitly : offers two-factor authentication! excellent choice!

If you make a poor choice, someone could easily login to your account and send money to themselves or access your money transfer history, including your contacts' personal information.

Schneier on Security
Bulk #Surveillance of #MoneyTransfers -

US-Strafverfolgungsbehörden können über ein obskures Überwachungsprogramm, das die Generalstaatsanwaltschaft von Arizona 2014 ins Leben gerufen hat, ohne Durchsuchungsbefehl auf Details von Geldüberweisungen zugreifen.

Eine bei einer gemeinnützigen Organisation, dem Transaction Record Analysis Center (TRAC), gespeicherte Datenbank enthält die vollständigen Namen und Beträge größerer Überweisungen.

https://www.schneier.com/blog/archives/2023/01/bulk-surveillance-of-money-transfers.html

#USA #Surveillance #MoneyTransfers: “ Hundreds of federal, state and local U.S. law-enforcement agencies have access without court oversight to a database of more than 150 million money transfers between people in the U.S. and in more than 20 countries, according to internal program documents and an investigation by Sen. Ron Wyden.

The database, housed at a little-known nonprofit called the Transaction Record Analysis Center, or TRAC, was set up by the Arizona state attorney general’s office in 2014 as part of a settlement reached with Western Union to combat cross-border trafficking of drugs and people from Mexico. It has since expanded to allow officials of more than 600 law-enforcement entities—from federal agencies such as the Federal Bureau of Investigation, the Drug Enforcement Administration, and Immigration and Customs Enforcement to small-town police departments in nearly every state—to monitor the flow of funds through money services between the U.S. and countries around the world.”

https://www.wsj.com/articles/little-known-surveillance-program-captures-money-transfers-between-u-s-and-more-than-20-countries-11674019904

#financialprivacy is threatened:

US:
"We just released hundreds of documents showing how Arizona created a nationwide #surveillance program to track Americans’ personal #moneytransfers.
It's one of the largest government surveillance programs in recent history"

https://mastodon.fightforthefuture.org/@team/109711510996518128

#Technology #American #technologynews #MoneyGram #Zeepay #ZeepayGhaba #Fraud #Scam #Crime #FraudWatchlist #Money #USA #MoneyTransfers #Banking #International #InternationalTravel #SIMCards

https://tbhenry.medium.com/why-cant-the-us-use-mobile-money-like-in-african-countries-f6991bdbd232

From Cointelegraph.com: Altcoins rally to new highs after the ETH/BTC pair flips bullish https://cointelegraph.com/news/altcoins-rally-to-new-highs-after-the-eth-btc-pair-flips-bullish #Cryptocurrencies #MoneyTransfers #AltcoinWatch #MarketsPro #EtherPrice #Markets