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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

National 187
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With Terrorists And Scammers Lurking, Is A Crypto Storm Looming?

PYMNTS

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. These risks are not unique to money services businesses or virtual currency exchangers; banks must be thinking about their crypto exposure as well," he said.

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FinCEN Deputy Director Talks Reform, NBFI Supervision

PYMNTS

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. And any operations that they begin should be in compliance with our rules at the start.”.

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Facebook Crushes Expectations, Warns of Increased Costs Coming Soon

PYMNTS

But the social media company’s stock was down in after-hours trading, as investors were taken aback by the projected uptick in the platform’s rising operating costs in the year ahead. Q3 earnings and revenue both came in significantly higher than expected, with strong growth in Facebook’s mobile advertising business.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. If you have an interesting podcast to share, please send it to marketing@abrigo.com. keep me informed.

Community 195
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Artelys Uses FICO Optimization To Manage European Power Grid

FICO

The TERRE market platform replaces a fragmented process, mainly managed at the national level, which was composed of several local mostly non-optimized sub-systems. The TERRE platform uses FICO Optimization for energy and ensures the balancing of power systems and security of supply at an efficient cost for more than 300 million Europeans.

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AGL Boosts Payments 40% with FICO's Personalised Digital Collections

FICO

“With the pandemic, the world underwent rapid changes, and we realized that customers were seeking out digital experiences that were tailored to their needs and offered convenience,” said Steven Horbury, credit and affordability head of customer operations at AGL. “As