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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Why real estate?

El Paso 195
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FinCEN reissues real estate Geographic Targeting Orders

Abrigo

At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. learn more. Learn More.

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Qualcomm Calls For US Import Ban On Some iPhone Models

PYMNTS

Qualcomm is calling on trade regulators in the U.S. The report, citing Qualcomm, reported the mobile chip maker is hoping that its strategy of putting pressure on Apple by pursuing smaller legal cases will weaken Apple ahead of a trial that is slated to kick off in San Diego in the middle part of April.

San Diego 108
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Qualcomm’s Latest Lawsuit Looks To Stop iPhone In China

PYMNTS

According to Bloomberg Technology , San Diego-based Qualcomm filed the suits in a Beijing intellectual property court to hinder Apple’s business in the world’s largest market for smartphones. Qualcomm has countered with a patent suit, arguing Apple encouraged regulators from South Korea to the U.S.

San Diego 100
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The State of Responsible AI in Financial Services

FICO

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

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Collaboration: The New Competitive Weapon

Gonzobanker

In an industry where the top five institutions control more than half the market share, it amazes me how few of the 6,000 other banks are taking advantage of shared insights and resources to compete. GonzoBanker Bank Chief Retail Officer Roundtable San Diego May 22-24. GonzoBanker Bank CEO Roundtable San Diego June 5-7.

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Jessica Alba, Honest Founders Say Lawsuits Are Honestly Ridiculous

PYMNTS

billion valuation , it’s understandable why Honest’s founders might be a little testy over claims that their manufacturing processes aren’t as forthcoming as they’ve been marketed. .” With hundreds of millions in private funding and a $1.7

San Diego 100