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London Cements Uber Ban Over Fake Identities

PYMNTS

London regulators refused to renew the ride-hailing company’s operating permit over safety concerns and drivers using false identities. TfL regulates taxi and private hire services in the city. San Francisco, Houston and Boston have all had cases of illicit drivers, including convicted felons, Cnet reported.

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Buying into AML risks in real estate

Abrigo

Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. The limited regulation around the real estate industry has made it especially easy for these bad actors to cycle their dirty money into the financial system using this avenue.

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

Abrigo

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 . BSA Rules and Regulation. BSA Rules and Regulation. What does this GTO mean for your institution? Learn More.

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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

As reported by Eater San Francisco, “the restaurant announced Wednesday (Sept. After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck.

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FinCEN Tightens Real Estate Cash-Buyer Reporting Threshold

PYMNTS

While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.

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How Staples Is Getting Its Groove Back

PYMNTS

Staples, which is located in Framingham, MA, announced in June plans to offer a same-day delivery service known as Staples Rush in Dallas, Boston and Manhattan. per delivery, and Staples seeks to expand Staples Rush to other large metropolitan cities, like Chicago, Los Angeles, San Francisco and Seattle, by the end of the year.

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FinCEN Reissues Real Estate Geographic Targeting Orders

Abrigo

including: Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle . The newest order now includes the counties which house some of the largest metropolitan areas in the U.S. learn more.