Bank of America spent millions on anti-money-laundering tech, but not enough to avoid a $1.2B fine
Regulators fined Bank of America $1.2 billion for weak anti-money-laundering controls despite heavy technology spending.
Stories per day · 30 days
2 RSS
2 stories, newest first · one card per story
Stories tagged #regulatory-fine
Sweden fines Miljödata $183,000 over breach affecting 2.2 million
Sweden's IMY fined IT provider Miljödata $183,000 under GDPR for security failures behind an August 2025 breach affecting 2.2 million people.