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Review shows Australia made huge miscalculation on funds transfers, Vatican says

Vatican St Peters Square Christmas Day 2020

Vatican CityReuters Australia’s financial watchdog has drastically reduced the sum of money it says was sent from the Vatican to Australia, the Vatican said on Wednesday, after it earlier reported a huge figure which raised suspicions of money laundering. The joint Vatican-Australian review showed only $A9.5 million transited between 2014 and 2020, a fraction of […]

PayPal offers up financial data to combat human trafficking

Paypal Germany

New York City, USThomson Reuters Foundation PayPal Holdings Inc will share its financial data with a leading advocacy group in the United States to try and stop human traffickers from moving funds on the digital money transfer platform.  Human traffickers often force people into modern slavery which generates around $US150 billion a year in illegal […]