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Ensuring AML Programs Minimize Personal Liability

Abrigo

Adequately staffed and risk-focused AML resources with good documentation are critical. LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said.

Resources 195
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SWIFT Selects Javier Pérez-Tasso As New CEO

PYMNTS

The firm conducted a comprehensive and diligent search for a new CEO, led by the board’s human resources committee and advised by an independent search firm. “I He was also an executive sponsor of SWIFT ’s customer security program from 2016 to 2018, and helped lead SWIFT’s response to cyber challenges facing the payments industry.

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The Corporate Transparency Act in 2023: Beneficial ownership registry updates

Abrigo

Keep leadership informed on AML/CFT trends to ensure a strong culture of compliance at your financial institution. Keeping your board of directors and executive management informed on AML/CFT trends and their importance will help ensure that you have a strong culture of compliance that starts at the top.

Fraud 195
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How Lenders Can Better Support Small Business Growth in their Communities

FICO

Small business credit access grew in 2018 and with modifications to the Small Business Administration (SBA) rules for more streamlined processing, access is predicted to grow. Small business lending was strong in 2018 and pro small business growth policies have been conducive to that growth.

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Finance Policy Predictions 2020: AML, Authentication, Collections & CRA

FICO

In 2018, the DC Circuit Court of Appeals issued a ruling which struck down or vacated, in part, a previous 2015 Declaratory Ruling and Order made by the Federal Communications Commission (FCC). While current FCC leadership has tried to address some of the other issues implicated in the 2018 decision (e.g.,

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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

I also filtered for anomalies such as recent merger announcements as a seller, turnaround situations (losses suffered from 2018 forward), mutual-to-stock conversions, and penny stocks. Holding was elected Chairman and President of First-Citizens Bank & Trust, a family legacy of leadership that lasts to this day. NasdaqGS: FCNC.A)

Fresno 98
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Focus on developers.

Online 98