PYMNTS

JANUARY 1, 2021

Indian FinTech Cashaa and the country's United Multistate Credit Cooperative Society teamed up to launch what they say is the world's first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The operation also will provide traditional banking services, according to the backers.

Bitcoin 80

Bitcoin Cryptocurrency OFAC Treasury 80

PYMNTS

FEBRUARY 12, 2019

’s importation of those goods via China was found to be in violation of the Treasury’s Office of Foreign Assets Control (OFAC) North Korea Sanctions Regulations. Rather, those suppliers had themselves been sourcing from North Korea, and e.l.f.’s Importantly, e.l.f. notified regulators when it discovered the violations.

Settlement 43

Settlement Compliance Risk OFAC 43

Fi911

NOVEMBER 7, 2023

In the intricate world of banking and finance, maintaining the sanctity and security of transactions is paramount. Why is it non-negotiable for financial institutions across the globe, and how can you ensure that your institution is compliant with all AML procedures? But, what does AML entail?

AML 52

AML Compliance Money Laundering OFAC 52

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

Innovation 64

Innovation AI Payment APIs and Integration Online and Mobile Banking 64

PYMNTS

DECEMBER 12, 2018

Cash is king in business — or at least the maxim holds true for some businesses, where legal issues are works in progress and banks shy away from providing services. To that end, the number of banking firms that actively provide services for marijuana firms has grown by 20 percent since the dawn of 2018.

Fincen 68

Fincen Legal Credit Union Financial Crimes 68

Exact Payments

SEPTEMBER 25, 2023

We’ve found that the real challenge for most non-payment companies isn’t grasping the PayFac model’s many benefits — it’s knowing what it takes to become a PayFac. Note that your sponsoring bank and the card networks will regularly request proof of your compliance with these regulations.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

FICO

MARCH 6, 2020

A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank. What do you do?

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81