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FinCEN issues alert on Russian sanctions evasion in real estate market

Abrigo

FinCEN alert targets Russian CRE sanctions evasions FinCEN reminded banks of red flags to watch for to detect CRE market money laundering, particularly by sanctioned Russian elites. sales volume averaged nearly 14 percent between 2014 and 2018. Learn from the experts. billion in 2021, nearly doubling the previous year’s figure.

Marketing 195
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Global App Spending Hit $101M In 2018, Driven By Developing Market Growth

PYMNTS

And that dominance came during a slowdown in the Chinese smartphone market, as well as some games being frozen on the market. All in, Chinese consumers were behind 40 percent of the $101 billion in app-related purchases in 2018 — including paid downloads, in-app purchases and in-app subscriptions.

Marketing 139
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Apple Launches National Parks Initiative

PYMNTS

Apple has announced a new initiative that will help its customers support and enjoy America’s national parks. 24 through 31, the company is donating $1 to the National Park Foundation for every purchase made with Apple Pay at any Apple Store, online at apple.com or through the Apple Store app in the U.S.

National 100
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Patriot National Hits Regulatory Snag In SBA Platform Plans

PYMNTS

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. million in SBA 7(a) loans in fiscal year 2018.

National 139
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Purple Carrot Single-Serve Meals Come To Whole Foods Market

PYMNTS

To provide single-serve frozen products in retail stores, Purple Carrot has rolled out its completely plant-based meals at most Whole Food Market locations throughout the nation in the frozen food section. The growth last year was also said to be higher than in 2018. as a whole, which only rose 2.2

Marketing 141
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First National Bank Plans Online SMB Lending Portal

PYMNTS

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. 12) that it is working with FinTech firm RCGILTNER Services to deploy the digital platform, which will launch in the first quarter of 2018.

National 108
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The 2018 GonzoBanker Awards

Gonzobanker

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

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