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FinCEN AML/CTF Priorities Part 7: Fraud and COVID-19

Abrigo

In March of 2020, the US Department of Treasury, the Office of Fiscal Service, and the Internal Revenue Service provided 3 rounds of fast monetary relief in response to the COVID-19 pandemic in the United States through the passing of the Coronavirus Aid, Relief, and Economic Security ( CARES ) Act.

Fraud 195
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Competitive Advantage in the Next Normal – Business Resiliency, Analytics & Predictive Modeling

Cisco

Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”) is a metric used to evaluate a company’s operating performance and how much profit they’re bringing to the bottom line. Brings capabilities of open source and third-party technologies under one roof and security model.

Analytics 124
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Equifax Names Ex-Mastercard CEO To Its Board

PYMNTS

Prior to Mastercard, he spent 20 years at Citibank, where he held several leadership positions, including managing parts of Citibank’s Consumer Financial Services business in the United States, Brazil, Puerto Rico and the United Kingdom. At the end of 2017, the cost from the data breach stood at $439 million.

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Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. It must be what pours out from the culture, the leadership, the brand, and the operations of a modern banking institution. Banker in the Middle. Earning the Trust of the Stakeholders.

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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 Everledger.

Payments 149
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The ICBA 22/23 executive committee is all in

Independent Banker

Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. For instance, ICBA is calling for congressional hearings on the credit union tax exemption. Covington, Ind.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Its platform provides proprietary cyber-risk analysis technology to corporate customers. Back-Office.

US 116