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AML human trafficking red flags and other ways banks can support victims

Abrigo

Two recent guests of the Abrigo podcast Ahead of the Curve shared ways that their organizations, Made Free and the Texas Advocacy Project (TAP), fight against human trafficking. The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security.

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

The retailer said it filed voluntary petitions in the United States Bankruptcy Court for the Northern District of Texas – Dallas Division to pursue the reorganization. The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.

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JCPenney Makes Debt Payment, But Still Risks Bankruptcy

PYMNTS

Struggling retailer JCPenney , which is reported close to seeking Chapter 11 bankruptcy protection, disclosed that it’s paid roughly $17 million in interest on a senior secured term loan credit facility to avoid a default, but that it’s still considering “certain strategic alternatives.”

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Digital Privacy, Security Issues Take Spotlight At Congressional Hearings

PYMNTS

The move comes amid increasing global focus on matters related to online privacy and data security — and as the idea of regulating social media is gaining currency. Joe Barton, a Republican from Texas, told Dorsey on Wednesday. Data Security. Dorsey rejected that view. Congress is going to have to take action here,” said Sen.

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Antitrust Regulators Investigate Proposed Dairy Megamerger

PYMNTS

Dean, which is based in Texas, recently was forced to get protection from bankruptcy after years of struggling, mostly due to Americans drinking less milk. DFA has a number of milk-bottling plants as well as consumer dairy brands. Justice Department said.

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Netspend CEO On Making The B2B Pivot

PYMNTS

Instead, Netspend’s core strength is in the provisioning of financial services like cards, mobile wallets and the compliant and secure movement of money. But Knutson said the company is happy to hand over the front-end consumer interaction and life-cycle marketing activities to partner brands. A New Partnership In Major League Soccer.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Bankruptcy Court for the Southern District of Texas, Houston Division. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said. The plan was approved by the U.S.