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EU Eyes Single European Data Market

PYMNTS

As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China. When it filed its tax returns, as reported by the Journal, Facebook put a $7 billion value on the intangible assets (the intellectual property).

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Equifax Names Ex-Mastercard CEO To Its Board

PYMNTS

At Mastercard, he created and structured a business where he served as president of Mastercard’s Europe, Middle East, Africa and Canada regions until his appointment as president and CEO. The appointment comes as it was recently revealed that costs from the data breach at Equifax will increase by $275 million in 2018.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

The expenses include a pre-tax charge of approximately $2.4 Customers will continue to have access to Popular’s digital banking tools, as well as the 55,000 ATMs within the AllPoint Network 1 across the United States. Total expenses associated with the branch closures are anticipated to be approximately $24.5 New York Metro.

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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

Takeaway 2 The USA PATRIOT Act was the first legislation that criminalized terrorist financing in the United States. BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. Never Forget. The day that changed the world.

Training 195
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Not Down For The Count, Cash Still Counts For Plenty

PYMNTS

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Among the core reasons for this: The perception that the use of cash was more secure. Keep a lid on the casket talk.

ATM 192
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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. United States. Blockchain may be shaping up to be a topic left to individual states to handle.

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The Election That Misplaced Small Businesses

PYMNTS

Trade has been a big topic of conversation on the campaign trail, as have debt, taxes, wages, immigration and monetary policy. Businesses were not only unhappy to be facing the problem, but many owners across regions and political affiliations also noted marked discontent with the invisibility of the issue.

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