Abrigo

SEPTEMBER 20, 2023

A few years ago, a small credit union in Miami Gardens, FL, shut its doors due to a $300,000 civil money penalty assessed for their anti-money laundering (AML) failures. One of the significant risks it took on was a contract with a third-party money services business (MSB) to provide services and sub-accounts to other MSBs.

Compliance 150

Compliance Regulation Miami Fraud 150

South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” More states require greater disclosure and control over what banks and card processors can charge.

Conference 195

Conference Payments Fraud Data 195

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. Information Management Award. Popular Community Bank in Miami. According to CardFlight, only 42% of MasterCard and 52% of Visa cards are chip-enabled due to backlogged card producers and payment processors.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

JULY 21, 2016

Gift card payment network. HQ: Miami, Florida. Tags: SMB, ISOs, merchants, acquiring, payments, debit/credit cards. Source: FinDEVr. Digital bank startup. Latest round: $40 million Series B. Total raised: $52.7 HQ: Berlin, Germany. Source: Crunchbase. Invoice lender to small businsesses. Latest round: $30 million Debt.

New York City 12

New York City Fintech Company San Francisco 12