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    Home»Fintech»INSIGHT: Why huge flaws with U.S. AML rules means ‘trillions’ of fintech transactions are not properly tracked
    Fintech

    INSIGHT: Why huge flaws with U.S. AML rules means ‘trillions’ of fintech transactions are not properly tracked

    October 28, 20241 Min Read


    BY SARAH BETH FELIX, Special Correspondent

    Innovation is good, responsible innovation is great. Fintech has tackled in some capacities what traditional finance cannot. 

    But with light speed innovation we have turtle speed regulatory framework development in some countries which leads to fintechs going towards those countries that have the least amount of regulatory friction – like the US.

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