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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

September 11, 2001 will stay with Americans forever. T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. This day was a pivotal point for all Americans, especially BSA officers and FinCrime professionals. Would you like other articles like this in your inbox? Never Forget.

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PingPong To Enter Europe Via $113M Investment

PYMNTS

PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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Investor Group, Including Amazon, Buys Disney’s $3.47B Stake In YES Network

PYMNTS

Randy Levine, president of the New York Yankees, added: “Throughout its nearly two-decades on-air, the YES Network has set the gold standard for regional sports coverage. It has been a privilege to work with the Yankees and the Steinbrenner family for almost two decades since we created the YES Network back in 2001.

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Paysafe Hires Mastercard Exec As Director

PYMNTS

Before that, he was president of the Americas Region and served as president of Mastercard Canada from 2001 to 2004. Macnee also served as president of Mastercard’s International Markets, building all aspects of the company’s issuance and acceptance businesses in over 200 countries.

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Tech Cos Making M&A Deals Amid Pandemic

PYMNTS

billion deal for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Last month, Facebook closed a $5.7

New York 132
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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. Crypto Regulations. As has been reported, the U.S.

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First New Community Bank In Decades Headed To US Market

PYMNTS

The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking. is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C.