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Deep Dive: How To Improve Existing AML/KYC Requirements

PYMNTS

Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight. The United Nations Office on Drugs and Crime (UNODC) estimates the market for global money laundering is worth approximately $2 trillion per year.

How To 161
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What Iran Can – And Won’t – Do In A Cyberwar

PYMNTS

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — said it’s important to put the cyberthreats, and Iran’s willingness to deploy them, in context. cloaked well enough so that the U.S.

National 145
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How much do we rely on cash?

NCR

According to PYMNTS.com’s latest Global Cash Index report, the compound annual rate of increase in total cash use across 15 Western European nations actually increased by 0.3 percent between 2010 and 2015. Interestingly, there remains a significant amount of variation across the region when it comes to attitudes to cash.

ATM 103
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Real Estate: Love it or hate it?

Jeff For Banks

Much of the standoff revolves around real estate secured lending. This preference resulted in real estate assets (including mortgage-backed securities) representing 44.1% of total assets at March 31, 2010 (see link below). dropped 24% from 2007 through the first quarter 2010. Are these more reliable?

Lending 66
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OrderGroove Funds Frictionless Commerce With $20M Series C

PYMNTS

Looking at the geographic concentration of activity, the US was the most active region, with 47 percent of activity, followed by China at 41 percent. Founded in 2010, the company offers a SaaS-based subscription technology platform and builds tools for brands and merchants looking to add subscription services to their retail repertoire.

Branding 100
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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

So, while the average FICO® Score is increasing over time at the national level, what about at the state or city level? While 31 states (and the District of Columbia) have an average score higher than the national average of 706, we generally see that the Midwest and New England states have the highest average FICO® Scores.

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Regulations and Syllabus for Banking Diploma ( JAIBB & DAIBB)

FluentBanking

Such limits may be attained in two to three years (2010, 2011 and 2012, respectively) after making the course contents, reading materials, library facilities and coaching facilities available to the candidates. Where there are offices of Bangladesh Bank, the Admit Cards will be sent by the Institute to those offices.