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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

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Bitcoin Daily: Bakkt Trust Crypto Platform Gets Trust License In NY

PYMNTS

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”.

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Wells Fargo Taps BNY Mellon’s Charles Scharf To Lead Bank Plagued By Scandal

PYMNTS

Wells Fargo, the scandal-plagued bank that has been searching for a new chief executive, announced on Friday (Sept. 27) that Bank of New York Mellon CEO and Chairman Charles W. Scharf has agreed to take on the job effective Oct. 21, CNBC reported. The fourth-largest bank in the U.S.,

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Succeeding in the future of payments

Insights on Business

Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are increasing. IBM Watson Financial Services Summit for Payments, May 1 st , New York City.

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Aon To Buy Digital SMB Insurance Platform CoverWallet

PYMNTS

“We are excited to combine Aon’s expertise in data and analytics and global distribution with CoverWallet’s market-defining platform to create new sources of value for our clients,” said Aon CEO Greg Case. The company has three offices in New York State and one in Spain. .

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TS Imagine Announces Strong Growth and Senior Hires as Demand Surges

Bobsguide

The expansion has been accomplished through cross-selling products to existing customers and new client acquisition. Piuter Kogan, Global Head of Infrastructure : Based in New York. Thomas previously worked in product and business development roles at Deutsche Bank, PrimeOne and S&P Global, he is based in New York.

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POS Company Appetize Raises $20 Million, Plans To Grow Its Team

PYMNTS

Tim Leiweke, Oak View Group founder and CEO, was quoted as saying: “Point of purchase as it relates to overall guest experience is a pivotal area of focus for our industry, and Appetize represents a powerful force of innovation in the space. This is the future of our industry, and Appetize is way ahead of the game.