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FinCEN Announces New Digital Innovation Officer/Deputy Director

PYMNTS

Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states. Blanco, FinCEN director, said in the announcement, “I am thrilled to have Michael assume this central role on our leadership team.”.

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US Takes Top Spot In Global 5G Readiness

PYMNTS

The United States, with quick moves by government officials and telecommunications carriers, has moved to the front of the global 5G race, according to reports. However, it does struggle in two areas: mid-band spectrum and national strategy. The wireless industry association CTIA released a report that said the U.S.,

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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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The DIY Approach To Retail Data Security

PYMNTS

In the recent instance of the XSS security vulnerabilities that befell the online shopping cart Zen Cart, for example, the company acted quickly to solve its own problem. But the fact is that things don’t always sort themselves out, effectively, in the retail security game. Sometimes, that assumption is accurate.

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Treasury seeks comments on digital assets, including opportunities and risks for consumers

CFPB Monitor

The Order seeks a national policy for digital assets across six “key priorities” : consumer and investor protection; financial stability; illicit finance; U.S. Protection of United States and global financial stability and the mitigation of systemic risk; c. Reinforcement of U.S.

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The AMLA and a Culture of Compliance – More Critical Than Ever

Abrigo

On January 1, 2021, the Senate voted into law the National Defense Authorization Act (NDAA). The BSA , adopted in 1970, has not had a significant overhaul since the USA PATRIOT Act (commonly known as the Patriot Act) in 2001 in response to the September 11 terrorist attacks on the United States. financial institutions.

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Euronet Prepares To Battle For MoneyGram

PYMNTS

government to take a closer look at the competing bid from Ant Financial, a company based in China, stating that it raises “significant national security risks.”. We feel… there are significant national security risks that merit careful evaluation for any foreign buyer of a company in this industry,” he said.