An anti-money laundering resolution presented by Congresswoman Maxine Waters (D-CA) passed by a voice vote on Thursday (March 14). The resolution — H. Res. 206 — was presented as part of Sunshine Week and aims to shed light on money laundering and terrorism finance. “I...
Null and void. The Consumer Financial Protection Bureau (CFPB)’s much debated, loved and hated arbitration rule has been officially killed through the rule’s being struck from the Federal Register. Thus, it’s current status: Nullification. As reported in several places, including CU Insight, the nullification ruling comes...
May 02, 2019
SWIFT is expanding its network-wide payments validation toolkit, announcing Thursday (May 2) a new “in-flight” cloud-based payment investigation and resolution service. In a press release, SWIFT said the new feature allows for dynamic query handling between banks on the SWIFT network. With the tool, banks can quickly resolve instances where operational, regulator or compliance information […]
March 15, 2019
An anti-money laundering resolution presented by Congresswoman Maxine Waters (D-CA) passed by a voice vote on Thursday (March 14). The resolution — H. Res. 206 — was presented as part...
November 23, 2017
Null and void. The Consumer Financial Protection Bureau (CFPB)’s much debated, loved and hated arbitration rule has been officially killed through the rule’s being struck from the Federal Register. Thus,...
