Dear Readers,

We are pleased to share that the latest edition of MSBA’s INSIGHTS Quarterly Newsletter has been published. MSBA Members received the full version in their inboxes last week, and this is the public version, so certain links containing member-only information have been removed.

Read the INSIGHTS Quarterly Newsletter.

This quarter, the MSBA worked hard on behalf of the industry. Inside, you’ll find recaps of our events at the MTRA Annual Conference, highlights from our member meetings and working groups, updates on our advocacy work at the state and federal levels, and details on our upcoming 3rd Annual MSB Industry Forum in Miami in March 2027.

As you plan your 2027 budget, we invite you to include MSBA membership and join us in advancing the interests of the money services industry. To learn more, click here.

Thank you for reading, and for being part of the MSB industry community!

Sincerely,

Kathy Tomasofsky

Executive Director

AML Compliance Trends

Banks are connecting fraud and AML defenses but still missing links

Oct 28, 2026 - Newswire.ca - Financial institutions are increasingly integrating their fraud and anti-money laundering (AML) systems, but intelligence and governance gaps remain...

Announcements

Revolut to launch Revolut Ventures with Carne Group in 2027

Oct 27, 2026 - The Paypers.com - Revolut has announced Revolut Ventures, an investment platform that will give eligible customers access to unlisted technology companies...

Also See:

Revolut Announces New Zealand CEO as Expansion Continues

Oct 28, 2026 - Fintechmagazine.com

Ripple, BNY Expand Partnership to Explore Tokenised Trade Finance

Oct 28, 2026 - Fintechnews.ch - Ripple and BNY are expanding their partnership beyond digital asset custody to explore blockchain-based trade finance. BNY now supports XRP...

Stripe launches free instant B2B transfers via business handles

Oct 28, 2026 - The Paypers.com - Stripe has launched Stripe Pay, a plug-in enabling free instant transfers between businesses using Stripe profile handles. According to...

Movantis Integrates Stellar Network for U.S.-El Salvador

Oct 28, 2026 - Coinfomania.com - Movantis integrates Stellar network for U.S.-El Salvador payments. This move enhances digital settlement capabilities — here's the...

Skydo Secures IFSCA Approval to Expand Cross-Border Payments

Oct 28, 2026 - Smestreet.in - Skydo receives final IFSCA authorisation at GIFT City to expand cross-border payments, including planned multi-currency accounts and...

Graphs Finance expands stablecoin support for X-border business...

Oct 28, 2026 - Vanguardngr.com - Graph Finance has expanded its payment infrastructure to support stablecoin-funded cross-border business transactions, as the company builds...

BlueOne Technologies Announces Enhance Global Remittance Platform

Oct 27, 2026 - Globenewswire.com - BlueOne Technologies, Inc. (OTCQX: BCRD) (“BlueOne Technologies”), a premier financial technology provider specializing in enterprise...

botim money and GCash Expand UAE–Philippines Remittance Access

Oct 28, 2026 - Punto.com.ph - botim money, the UAE’s leading fintech platform, has partnered with GCash, the Philippines’ leading digital finance platform. The partnership...

Anti-Corruption Around the World

China rising as leader in clean governance

Oct 27, 2026 - Chinadaily.com.cn - In a move signaling its rise as a global leader in clean governance, China is preparing a landmark law to codify its overseas anti-corruption...

Serbia's exemplary anti-corruption victory

Oct 28, 2026 - Lemonde.fr - This dominance, along with accusations of authoritarianism, corruption and a refusal to be held accountable, fueled the student movement...

Azerbaijan: Third Ministerial Meeting of Anti-Corruption Law...

Oct 27, 2026 - Oic-oci.org - The Third Ministerial Meeting of Anti-Corruption Law Enforcement Authorities of Organization of Islamic Cooperation (OIC) Member States...

Also See:

Saudi Arabia calls on OIC states to support anti-corruption resolution

Oct 28, 2026 - Report.az

Oman stands for strengthening international anti-corruption ...

Oct 28, 2026 - Report.az - Oman stands for strengthening international cooperation in the fight against corruption, including information exchange, the return of illegally...

Senegal attaches great importance to anti-corruption co-op, OFNAC...

Oct 28, 2026 - Report.az - Senegal attaches great importance to international cooperation and the exchange of experience in combating corruption, including with...

Artificial Intelligence

BoE: AI Adoption Grows Rapidly Across UK Financial Services

Oct 28, 2026 - Aimagazine.com - A recent report by the Bank of England (BoE) found that AI adoption is increasing at a striking rate in financial services. 86% of...

Analysis: India Needs Sector-Specific AI Rules, Not Omnibus Law

Oct 28, 2026 - Ndtv.com - AI is already being deployed across financial services, healthcare, education, commerce, media and public administration, while the law...

Saudi Arabia AI in Banking Market to Reach USD 3,378 Million by...

Oct 28, 2026 - Openpr.com - The Kingdom's financial sector is undergoing a technology-driven reinvention. According to Dimension Market Research, the Saudi Arabia AI...

Fin'l services is spending on AI faster than any other sector - and...

[Opinion] - Oct 28, 2026 - Wealthprofessional.ca - Financial services firms are pouring money into artificial intelligence at a pace that leaves most industries behind...

AI Agents Will Enter Finance Gradually: UOB Report

Oct 28, 2026 - Fintechnews.sg - In Southeast Asia, confidence in AI is growing, with 75% of consumers willing to let AI agents autonomously find the best prices...

Cybersecurity

Australia: Fin'l services among top targets as cyber incidents surge

Oct 28, 2026 - Brokerdaily.au - The Australian Signals Directorate (ASD) received more than 82,000 cyber crime reports during FY2025–26 – equivalent to one report every...

Nigeria: CBN warns banks on cybersecurity risks as cloud...

Oct 28, 2026 - Businessday.ng - The Central Bank of Nigeria (CBN) has warned financial institutions against cybersecurity and operational risks associated with growing...

Digital Assets

US expands global crackdown on crypto scam centres

Oct 28, 2026 - Iclg.com - US prosecutors are extending their campaign against international cryptocurrency fraud to Africa and Europe as criminal organisations move their...

Stablecoin Regulation: What Ripple's OCC Approval Means

[Opinion] - Oct 28, 2026 - Onesafe.io - Stablecoin regulation moved from bill text to bank charters on October 28, 2026. The Office of the Comptroller of the Currency (OCC)...

Why VASP Due Diligence Goes Beyond Blockchain Analytics

Oct 28, 2026 - Fintechnews.sg - Blockchain analytics show where funds went. They do not show who stands behind the exchange that received them. For banks and fintechs...

South Korea Proposes New Rules for Cross-Border Crypto Transfers

Oct 28, 2026 - Cointrust.com - South Korea has proposed new regulatory requirements for businesses handling cross-border cryptocurrency transfers, introducing mandatory...

Georgia moves closer to launching a digital lari

Oct 28, 2026 - Operativmm.az - Georgia is expanding preparations to create a digital version of its national currency, AnewZ reported. Parliament has approved the legal...

Australia: Crypto Payments Put Consumer Safeguards Under The...

[Opinion] - Oct 29, 2026 - Techbusinessnews.com.au - Cryptocurrency is moving deeper into mainstream payments, bringing a sharper question for Australian consumers about who...

What Nigeria’s Crypto Growth Reveals About Bitcoin Trends

Oct 2026 - Leadership.ng - Bitcoin has not really been doing its own thing lately. When broader financial markets react to economic news, crypto often follows. The days...

Europe

AMLA Becomes Operational: Data-Driven AML/CFT Supervision and...

[Newsletter] - Oct 2026 - Kpmg.com - The European Union’s anti-money laundering and counter-terrorist financing framework is entering a new phase of development. As the...

Fines, Crimes & Cases

Bank of America admits to willfully violating AML law

Oct 28, 2026 - Startupfortune.com - Regulators say Bank of America missed more than $5 billion in suspicious transactions, some tied to Chinese money laundering networks...

BNM fines AmBank, AmBank Islamic RM552,000 over cash...

Oct 28, 2026 - The Malaysianreserve.com - BANK Negara Malaysia (BNM) has imposed penalties totalling RM552,000 on AmBank (M) Bhd and AmBank Islamic Bhd for failing...

Fintech Around the World

Fintech: Europe’s 10 most-funded companies in H1 2026

Oct 28, 2026 - Tech.eu - European fintech funding in H1 2026 was characterised by several large financing transactions alongside investment across banking...

Fintech Strategy in 2026: AI, Stablecoins and Compliance

Oct 28, 2026 - Fintechmagazine.com - As the era of pure disruption draws to a close, successful fintechs are shifting focus to operational seriousness, AI integration...

Fintech can be asset for Indonesian banks' Asia expansion

Oct 28, 2026 - Antaranews.com - Sovereign wealth fund Danantara said Indonesia’s domestic financial technology capabilities can become an asset for national banks to...

Mozambique

Govt monitors anti-money laundering measures

Oct 2026 - Clubofmozambique.com - The Council of Ministers reviewed, at its 31st ordinary session held on Tuesday, the National Statistical Report on the Prevention...

Payment Services

How Will Tokenisation Transform X-Border Payments and Settlement?

[Opinion, Video]- Oct 28, 2026 - Finextra.com - At Sibos 2026, Volante’s Nadish Lad reveals how tokenisation and programmable money will revolutionise cross-border...

Intra-Nordic payments remain expensive

Oct 28, 2026 - Tradingview.com - Despite the close economic ties between the Nordic countries, cross-border payments remain expensive for consumers. This is documented...

From PAPSS to Buna: How Afro-Arab payment rails are redrawing...

Oct 28, 2026 - Africa-me.com - Two regional payment platforms are building the rails for a new financial geography connecting Africa and the Arab world. On the African...

Remittances & Immigration

The impact of Donald Trump’s policies on the Dominican economy

Oct 28, 2026 - Deultimominuto.com - The Dominican economy faces an international scenario marked by trade uncertainty, changes in immigration policies, geopolitical..

Costly remittances divide Pacific nations as EU, partners back...

Oct 27, 2026 - Brusselstimes.com - Pacific central banks, regulators, banks and payment firms met in Fiji's capital Suva on Tuesday to discuss ways to reduce barriers...

Sending money home? UAE expats gain as Asian currencies slide

Oct 28, 2026 - Gulfnews.com - Softness in Asian currencies continues to benefit UAE expats, who get more back home for every dirham they send. The Indian rupee...

Nigeria earns more from remittances but pays more on foreign...

Oct 28, 2026 - Businessday.ng - Nigeria recorded higher inflows from diaspora remittances in the second quarter of 2026, but the gains were partly offset by...

South Korea: Fact-Checking Lee's Remarks on Migrant Workers...

Oct 28, 2026 - Sedaily.com - President Lee Jae-myung's remarks at a Cabinet meeting on the 27th, in which he pointed to migrant workers' overseas remittances and the job...

South Africa

South Africa risks return to money-laundering grey list

Oct 28, 2026 - Polity.org.za - South Africa faces a significant risk of returning to the Financial Action Task Force's grey list barely a year after it secured removal, according...

United Kingdom

FCA publishes consultation on changes to its Financial Crime Guide

Oct 28, 2026 - Regulation Tomorrow.com - On 23 October 2026, the Financial Conduct Authority (FCA) published a Consultation Paper (CP26/38) in relation to proposed...

Also See:

FCA Consultation Paper (CP26/38)

Oct 23, 2026 - Fca.org.uk

Vietnam 

Proposed adjustments to regulations on inspections in the monetary...

Oct 27, 2026 - Vietnam.vn - The State Bank of Vietnam is drafting a Circular to replace Circular No. 17/2023/TT-NHNN regulating the inspection of compliance with...