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Online Gambling And The Challenges Of Betting On Instant Disbursements

PYMNTS

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222
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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5

Online 176
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Trade-based money laundering: The link to terrorist financing

Abrigo

A well-known example of a TBML system is the Black Market Peso Exchange , where U.S. Trade-based money laundering is the process of moving illegal funds through the international trade system to legitimize them. This can include the falsification of the price, quantity, and quality of imported or exported goods.

Training 195
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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

The warning, on the other hand, came from Arthur Linfante, managing director of the Northern New Jersey office of Integra Realty Resources. Anchor stores were typically occupied by tenants with high credit ratings that provided marketing stability and foot traffic into the mall.

NJ 132
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Widening Borrower Protection’s Scope To SMBs

PYMNTS

But according to Pat MacKrell, president and CEO of New York-based small business lending firm Pursuit , the online alternative lending market has gotten good at hiding the true cost of financing from SMBs. “For a small business to start, sustain and scale operations, they need a ‘friend in court,’ so to speak.”

Lending 136
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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. “We

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US, Chinese Retailers Seek International Footholds, Despite Trade War

PYMNTS

retailers (or any foreign players) to establish a strong presence in the Chinese market. For China, the tax hikes target everything from soybeans to aircrafts. Since WeChat Pay came into use in 2016, it has been steadily gobbling up market share from Alipay. Historically speaking, it has not been easy for U.S. For the U.S.,

Retail 115