教授，博士生導(dǎo)師。復(fù)旦大學(xué)中國(guó)反洗錢(qián)研究中心首任主任，復(fù)旦大學(xué)俄...
復(fù)旦大學(xué)國(guó)際金融學(xué)院教授，中國(guó)反洗錢(qián)研究中心執(zhí)行主任，陸家嘴金...
復(fù)旦大學(xué)法學(xué)院教授、博士生導(dǎo)師；復(fù)旦大學(xué)國(guó)際刑法研究中心主任。...
華東政法大學(xué)刑法學(xué)教授，復(fù)旦大學(xué)中國(guó)反洗錢(qián)研究中心特聘研究員，荷...
安永金融服務(wù)風(fēng)險(xiǎn)管理、咨詢(xún)總監(jiān)，曾任螞蟻金服反洗錢(qián)總監(jiān)，復(fù)旦大學(xué)...
周錦賢先生，香港人，廣州暨南大學(xué)法律學(xué)士，復(fù)旦大學(xué)中國(guó)反洗錢(qián)研究中...
高級(jí)經(jīng)濟(jì)師，復(fù)旦大學(xué)金融學(xué)博士，復(fù)旦大學(xué)經(jīng)濟(jì)學(xué)博士后。現(xiàn)供職于中...
武漢中南財(cái)經(jīng)政法大學(xué)信息安全學(xué)院教授。長(zhǎng)期專(zhuān)注于反洗錢(qián)/反恐...
生辰：1977.7.26 籍貫：遼寧撫順 民族：漢 黨派：九三學(xué)社 職稱(chēng)：教授 研究...
祝亞雄，1974年生，浙江衢州人。浙江師范大學(xué)經(jīng)濟(jì)與管理學(xué)院副教授，博...
復(fù)旦大學(xué)中國(guó)反洗錢(qián)研究中心特聘研究員；現(xiàn)任安永管理咨詢(xún)服務(wù)合伙...
工作履歷：曾在國(guó)家審計(jì)署從事審計(jì)工作，是國(guó)家第一批政府審計(jì)師；曾在...
Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App.
The whistleblowers claim that the mobile payment platform and the entities providing transaction services to its users did not perform adequate due diligence on customers, potentially opening the door to money laundering, terrorism financing and other illegal activities, NBC News reported Friday (Feb. 16).
The whistleblowers said Cash App had “no effective procedure” to establish the identity of its customers, according to the report. The complaints filed by the whistleblowers said transactions made through Cash App included dealings with entities under sanction by the Treasury Department’s Office of Foreign Assets Control, operations known for selling personal information and credit card data for illegal purposes, and offshore gambling sites prohibited to U.S. citizens.
In response to an inquiry by NBC News, Cash App provided a statement saying that the company performs due diligence on customers, employing “several hundred people who support Cash App’s Know Your Customer/due diligence, anti-money laundering and related compliance functions, and augment that workforce with supplemental staffing and resources.”
The whistleblowers have submitted complaints to the Financial Crimes Enforcement Network (FinCEN), the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC), according to the report.
The allegations made by the whistleblowers come at a time when regulators are increasing scrutiny on anti-money laundering practices, the report said. For example, FinCEN has proposed a new rule that would require investment advisers to adopt systems to prevent money laundering and report suspicious transactions. Similarly, federal prosecutors and the SEC took action against Danske Bank for inadequate transaction monitoring systems.
The whistleblowers’ allegations cover the period from 2016 to 2022 and describe a “shadow financial system beyond the reach of regulators” where due diligence on Cash App’s users was negligent, per the report.
This report comes on the heels of news that Manhattan District Attorney Alvin Bragg wrote to payment apps like Cash App, Venmo and Zelle, asking them to institute greater protections against theft.
Bragg suggested adding a “second and separate password for accessing the app on a smartphone as a default security option,” imposing lower limits on the amount of daily transfers, and requiring wait times and secondary verification of up to a day for large transactions.