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Morgan Stanley Will Shutter Banking Operations In Russia In Q1 Of 2020

PYMNTS

Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country in the first quarter of 2020, according to a report by Reuters. The company did say it was going to continue to operate a consulting business in the country, which wouldn’t require a license.

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CA to require GHG and climate-risk reporting for companies nationwide

CFPB Monitor

Under the new law: Public and private companies operating in California that generate at least $1 billion in annual revenue are required to report their Scope 1 and Scope 2 greenhouse gas emissions beginning in 2026, and their Scope 3 greenhouse gas emissions beginning in 2027; and Public and private companies operating in California that generate (..)

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OCC Highlights, AML & CRA Risks

Perficient

Navigating AML and OFAC Compliance Risks Regarding anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance risks, bank executives must navigate operational and compliance challenges tied to fintech relationships. Manage third-party risks, especially for relationships involving higher-risk or critical activities.

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Q&A: How to integrate RPA at financial institutions

BankInovation

The global RPA and hyper-automation market size will grow to $26 billion by 2027 from $9.2 RPA can help banks save on labor costs and improve operational efficiencies. Financial institutions’ interest in robotic process automation (RPA) has increased with the improving technology. billion in 2022, according to a recent?report?from

How To 52
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. Many firms are turning to payments orchestration providers, equipped with tokenization and data vaults, to help manage their compliance operations. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7

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Twilio Flex Insights 101: Dashboard vs. Analyze

Perficient

Billion by 2027. representing a growth of more than 15% over 2020-2027 despite Covid-19. As a built-in product of your Flex instance, Insights gives you complete operational oversight with access to omnichannel data and custom reporting at the macro and micro level. Getting Started with Flex Insights.

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Uber To Finance Careem Acquisition With $750M Of Debt

PYMNTS

As reported by Yahoo Finance , the financing will be done through a private placement (known as a 144A), and the notes will be due in 2027. Careem, for its part, said in July it had concluded operations in Sudan in light of the Uber acquisition.