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Monzo Faces FCA Investigation Into Alleged AML Contraventions

Monzo Faces FCA Investigation Into Alleged AML Contraventions
Monzo Faces FCA Investigation Into Alleged AML Contraventions
July 30, 2021  |  International

London FinTech Monzo is facing an investigation from the Financial Conduct Authority (FCA) over allegations of possibly violating anti-money laundering (AML) laws, Financial Times reported...

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Broadway Theaters Will Require Vaccines For Audience, Performers And Staff
Broadway Theaters Will Require Vaccines For Audience, Performers And Staff
July 30, 2021  |  Coronavirus

Owners and operators of all 41 Broadway theaters will require vaccinations for audience members, performers, backstage crew and staff for all performances through October 2021,...

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US Labor Costs Rose Almost 3 Pct In Last Year
US Labor Costs Rose Almost 3 Pct In Last Year
July 30, 2021  |  Economy

The Employment Cost Index (ECI) rose 0.7 percent last quarter, following a 0.9 percent increase in the first three months of 2021, per a Friday...

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MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth
MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth
July 30, 2021  |  Earnings

Global money transfer firm MoneyGram posted second-quarter results with total revenue of $329.3 million, a sign that its digital-first efforts paid off as online transactions...

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HSBC Appoints Kohli To Lead Global Liquidity And Cash Management
HSBC Appoints Kohli To Lead Global Liquidity And Cash Management
July 30, 2021  |  Personnel

HSBC has appointed Manish Kohli to serve as its new Head of Global Liquidity and Cash Management (GLCM). He will join the bank in the fourth...

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Google Founders Stepping Back More With $1B Stock Selloff
Google Founders Stepping Back More With $1B Stock Selloff
July 30, 2021  |  Google

Two of the world’s richest people got a little bit richer in the last few months when Google founders Larry Page and Sergey Brin sold...

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Today In Payments: Crypto Tax Laws Included In Infrastructure Bill; Amazon Sees Decelerating Sales
Today In Payments: Crypto Tax Laws Included In Infrastructure Bill; Amazon Sees Decelerating Sales
July 30, 2021  |  News

In today’s top news, the Senate’s infrastructure bill includes cryptocurrency tax laws, and Amazon missed sales projections in its earnings report. Plus, Mastercard’s second-quarter earnings...

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Today In Retail: Amazon’s Disappointment Could Be Walmart’s Advantage; Carter’s Gets Bump From Enhanced Tax Credit
Today In Retail: Amazon’s Disappointment Could Be Walmart’s Advantage; Carter’s Gets Bump From Enhanced Tax...
July 30, 2021  |  Retail

In today’s top retail news, Amazon misses analysts’ sales expectations amid consumers’ return to pre-pandemic patterns, while children’s apparel retailer Carter’s says the federal government’s...

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Now Fully Loyalty-Enabled, RBI Sees Digital Sales Soar
Now Fully Loyalty-Enabled, RBI Sees Digital Sales Soar
July 30, 2021  |  Earnings

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