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FinCEN reissues real estate Geographic Targeting Orders

Abrigo

At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions.

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FinCEN Reissues Real Estate Geographic Targeting Orders: What does this mean for you?

Abrigo

Under the continuing GTO , which is in effect until May 4, 2021, the purchase price of residential real estate property remains at $300,000. The newest order include s : Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle .

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Real Estate Money Laundering An Increasing Focus Of Governments

PYMNTS

The rule applies to all title companies that deal in markets that have luxury real estate including Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle, noted the report. The registry is slated to be made public by 2021, noted Mansion Global.

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Buying into AML risks in real estate

Abrigo

Including rental and leasing licensees, as of 2021, the industry comprises approximately 16.7% The Association of Real Estate License Law Officials estimates that there are more than 3 million active real estate licensees in the United States. of the United States GDP, with estimates exceeding $3.9 In 2017, over 5.51

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Top 15 Online Digital Corporate Credit Cards for Small Businesses (June 2021)

Fintech Labs Insights

Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb; 16 June 2021. Rho, a challenger bank, is the newest entrant, launching a charge card last month (13 May 2021). Website visits (May 2021): 750,000 (SimilarWeb). Website visits (May 2021): 1.1M (SimilarWeb). Divvy (acquired by Bill.com 1 June 2021 for $2.5B).

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Top 15 Online Digital Corporate Credit Cards for Small Businesses (June 2021)

Fintech Labs Insights

Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb; 16 June 2021. Rho, a challenger bank, is the newest entrant, launching a charge card last month (13 May 2021). Website visits (May 2021): 750,000 (SimilarWeb). Website visits (May 2021): 1.1M (SimilarWeb). Divvy (acquired by Bill.com 1 June 2021 for $2.5B).

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SnapChat Fresh Stories Show U Supermarkets’ Shoppers Where Fish Came From, Guarantee Freshness

PYMNTS

And Amazon uses it to push exclusive promotional codes, though it’s probably too soon to say whether those will be of any use toward the AmazonFresh pickup service the company just launched in Seattle. With Lidl planning 1,000 stores by 2021, these German hard discounters could give Walmart a run for its money. this summer.