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MoneyGram Teams With LuLu Money To Power Asia-Pacific Transactions

PYMNTS

Adeeb Ahamed, managing director of LuLu Financial Group , which is headquartered in Abu Dhabi, said the collaboration with MoneyGram “will revolutionize” how remittances are handled in the Asia-Pacific region, “changing the way people approach digital transactions.”. ” Launched in 2009, Lulu Money has five million users processing 1.1

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Six Nordic Banks Team To Take On AML Issues

PYMNTS

Six major banks in the Nordic region will form a customer checking center to help combat money laundering and improve the reputation of the area’s financial institutions, according to a report by Reuters. . Danske has a $230 billion scandal through its Estonian branch , and it’s retreating from the entire Baltic region, including Russia.

Regional 147
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PYMNTS Daily Data Dive: Blue Christmas

PYMNTS

While net retail sales have increased 31 percent since 2009, eCommerce has doubled in that same time. predicts that half the 1,100 regional malls in the U.S. 31 percent | Net retail sales increase since 2009. regional malls that could close by 2026. 31 percent | Net retail sales increase since 2009.

Data 100
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21 Predictions About Digital Health in 2021: Part III

Perficient

As was the case back in 2009 when the Affordable Care Act rolled out, smaller plans will find themselves with more complex competition. Claiming the need for more efficiency, health plans will continue to roll up smaller, regionally-focused players. Regulatory changes are going to create solvency issues for plans around the country.

Montana 508
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SE Asia’s East Ventures Looks To Back Startups With $88M Fund

PYMNTS

This will be East Ventures’ eighth fund since forming in 2009. PYMNTS reported that funding from the region ended up winning big for companies like ride-hailing firm Grab , which announced $856 million in funds, and point-of-sale solution Bharat , which brought in $75 million. Crisis brings clarity.”.

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Regulator: Nordic Banks Embroiled In AML Scandals Should Stay

PYMNTS

Danske has a $230 billion scandal through its Estonian branch , and it’s retreating from the entire Baltic region, including Russia. Nordea is partially pulling out and Sweden’s banks might go as well, although Swedbank has said it’s not going anywhere and that it’s committed to the region. “It

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Norwegian Regulators Say AML Measures Fell Short

PYMNTS

Danske has a $230 billion scandal through its Estonian branch , and it’s retreating from the entire Baltic region, including Russia. Nordea is partially pulling out and Sweden’s banks might go as well, although Swedbank has said it’s not going anywhere and that it’s committed to the region. “It