Category Finance

Klarna Fined $50 Million for AML Violations: A Warning for Fintech

Swedish Regulator Cracks Down on Compliance Failures Key Takeaways: ✅ Sweden’s Financial Supervisory Authority (FSA) fines Klarna $50 million for anti-money laundering (AML) violations between 2021–2022.✅ Regulators cite weak transaction monitoring, inadequate due diligence, and delayed reporting of suspicious activities.✅…