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EU Details Action Plan On Money Laundering
EU Details Action Plan On Money Laundering
December 04, 2018  |  Regulation

European Union finance ministers worked out a plan for combating money laundering and also made a deal on major bank reform on Tuesday (Dec. 4), according to reports from...

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Walmart Launches Instore Online
Walmart Launches Instore Online
December 04, 2018  |  Retail

Walmart announced Tuesday (December 4) a new in-store app that gives Walmart store associates immediate access to Walmart.com, so they can help customers select, order...

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FTC Seeks Input On ID Theft Prevention Rules
FTC Seeks Input On ID Theft Prevention Rules
December 04, 2018  |  Regulation

The Federal Trade Commission announced Tuesday (December 4) it is seeking comment on whether the agency should make changes to rules requiring financial institutions and...

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BIS Head: Amazon, Alipay Pose Risk To Banks
BIS Head: Amazon, Alipay Pose Risk To Banks
December 04, 2018  |  Banking

Amazon, Alibaba’s payment affiliate Alipay and other internet and Big Data players are a threat to traditional banks, warned Agustín Carstens, head of the Bank...

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Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
December 04, 2018  |  Security & Fraud

The center of the money laundering investigation at Deutsche Bank lies at a tiny unit that was barely able to eke out a profit and...

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Ripple Forms ‘Blockchain For Europe’ Association
Ripple Forms ‘Blockchain For Europe’ Association
December 04, 2018  |  Blockchain

Ripple, the blockchain company that owns XRP, the digital currency, has joined forces with NEM, Fetch.AI, and EMURGO/Cardano to create a new association that represents the...

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A Hacker Group Has A List Of 35K CFOs To Target
A Hacker Group Has A List Of 35K CFOs To Target
December 04, 2018  |  Security & Fraud

Chief financial officers at some of the world’s biggest banks and mortgage companies are in the crosshairs of a hacker group that compiled a list of...

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Western Union Completes Relocation Of Headquarters To Denver
Western Union Completes Relocation Of Headquarters To Denver
December 04, 2018  |  Banking

The Western Union Company announced on Tuesday (Dec. 4) that it has completed the relocation of its global headquarters from Englewood to Denver, Colorado, saying...

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Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
December 04, 2018  |  Retail

As the deadline for the initial offers for Sears’ home services business and other assets nears, unnamed sources claim that Centerbridge Partners LP and Ace...

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