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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

These steps would allow much more rapid liquidation of an insurance policy, including a ‘disaster dividend,’ or a ‘harm’s way’ claim, which could be used to pay for evacuation-related expenses,” the agency stated in its latest National Advisory Draft Report to the FEMA Administrator.

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EU Probe: Danske Ignored Russia’s Money Laundering Warnings

PYMNTS

Earlier in the month, EU’s national banking supervisors, who oversee the EBA, did not agree with the proposal on the breach of rules and blocked any further action against Danish and Estonian regulators. The document illustrates how little action was taken to respond to the warnings, a move that the EBA says is a breach of EU rules.

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FinCEN AML/CTF Priorities Part 4: Counterproliferation

Abrigo

North Korea has been silently ramping up their nuclear capabilities for years despite increasingly tough comprehensive United Nations sanctions in place since 2006 that have banned most of the country’s exports and severely limited its imports. The FBI placed an unprecedented $5 million reward for him, but he still remains a fugitive.

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