PYMNTS
DECEMBER 10, 2020
Financial laws governing such transactions date back to 1970 when the Bank Secrecy Act (BSA) was enacted , requiring financial institutions (FIs) to report transactions of $10,000 or more. Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists.
PYMNTS
SEPTEMBER 23, 2020
“Our payments solutions and know-how have enabled Goldman Sachs to rapidly launch a superior cloud transaction banking service, while they worked closely with us in the certification process with US domestic and cross-border payment networks,” he said in a statement.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
APRIL 28, 2020
In 2001, the government gave most households up to $600 ($875 adjusted for inflation) and in 2008 handed out up to $1,200 per household. According to data from digital bank Current on early stimulus receivers, about 45 percent of the funds have been spent, and food was the preferred spending category. households. . government.
Fintech Labs Insights
APRIL 12, 2024
Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.
PYMNTS
SEPTEMBER 4, 2019
Global digital banking firm i2c Inc. With passion and dedication to creating an exceptional client experience from all team members, i2c will continue to advance its leadership position by providing unrivaled digital banking and payments solutions around the globe,” he added.
PYMNTS
NOVEMBER 22, 2019
Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Bancorp in 2001 in a $2.1 Elavon, a merchant acquirer which itself was acquired by U.S.
PYMNTS
FEBRUARY 25, 2019
Those who called the company’s “call center” — which was essentially a storage closet with two desks and two phones at the time, Streit noted — were adults with jobs who either didn’t want to have a bank account or had issues that prevented them from getting one.
Expert insights. Personalized for you.
201 
Let's personalize your content