
Hawala Networks Tap Asian Fintech Platforms and Crypto to Move Funds
A joint FATF and OECD study reveals how shadow banking operators use payment rails like UPI and Raast to settle cross-border illicit transfers.
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A joint FATF and OECD study reveals how shadow banking operators use payment rails like UPI and Raast to settle cross-border illicit transfers.

Nearly half of consumers in China who took part in a new survey shop with digital wallets. Overall, the study shows that digital wallets are the fastest-growing payment technology in the region, with one in five of those surveyed using the technology.…
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