Banks Ask UK Treasury To Increase Limit On Contactless Payments
Banks Ask UK Treasury To Increase Limit On Contactless Payments
January 03, 2021  |  Digital Payments

The U.K. might up its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union...

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Bitcoin Daily: Bitcoin Crests $34K For First Time; US House Bill Calls For Office To Coordinate Blockchain Use In Federal Gov’t
Bitcoin Daily: Bitcoin Crests $34K For First Time; US House Bill Calls For Office To...
January 03, 2021  |  Bitcoin

Bitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before. Get the Full Story...

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Europe Considers Lengthening COVID Lockdowns As Cases Climb
Europe Considers Lengthening COVID Lockdowns As Cases Climb
January 03, 2021  |  Coronavirus

Germany is preparing to continue its nationwide lockdowns through the end of January, a report from Financial Times (FT) says. Get the Full Story Complete...

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Congress Eyes New AML Rules For Antiquities Trade
Congress Eyes New AML Rules For Antiquities Trade
January 03, 2021  |  AML

New legislation passed by Congress will implement new regulations on the antiquities trade in order to hopefully crack down on the possibility of money laundering...

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Finance Factory Debuts Automated Credit Review Platform
Finance Factory Debuts Automated Credit Review Platform
January 03, 2021  |  B2B Payments

Finance Factory has rolled out its new automated credit review platform, which will be able to analyze 27 data points quickly and determine a borrower’s...

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Banks May Withhold Stimulus Checks To Cover Overdraft Fees
Banks May Withhold Stimulus Checks To Cover Overdraft Fees
January 03, 2021  |  Bank Regulation

Some intended COVID-19 stimulus beneficiaries won’t see any money the federal government sends them through direct deposits because unpaid overdraft fees will more than consume...

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Russian Hack Used Servers Inside US, Cybersecurity Company Says
Russian Hack Used Servers Inside US, Cybersecurity Company Says
January 03, 2021  |  Security & Fraud

The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers...

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Businesses Get Wary Of Trade-Based Money Laundering
Businesses Get Wary Of Trade-Based Money Laundering
January 03, 2021  |  B2B Payments

The Financial Action Task Force (FATF) is warning of new ways of money laundering via exports like onions, potatoes, soft fruits or expensive cars, a...

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MGM Makes Offer To Buy British Gaming Company Entain, Report Says
MGM Makes Offer To Buy British Gaming Company Entain, Report Says
January 03, 2021  |  Partnerships / Acquisitions

MGM Resorts International is trying to acquire Entain, the British parent of major online-gambling player Ladbrokes, the Wall Street Journal reports. Get the Full Story...

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