Transaction Laundering: What to Expect in 2018


December 18 2017

2017 was the year that Transaction Laundering planted itself firmly in the consciousness of the minds of regulators, lawmakers, law enforcement and the general public. We believe that 2018 will be the year that we turn this awareness into action.

In 2018, the expected widespread availability of advanced RegTech solutions will enable regulators to mandate that acquirers look beyond their known merchant websites, in order to detect and monitor elaborate and potentially hidden online ecosystems.

The new RegTech approach and tools will help make Transaction Laundering a shared responsibility among law enforcement agencies, e-commerce players, MSPs, fintech providers and individual users. With modern digital tools, 2018 could become the year that digital money laundering is not only addressed, but also contained.