The National Money Transmitters Association
A Rich Resource for Intelligence on the Money Transfer Industry



Some of Today's Daily News Clippings!

Friday's DNC - Full Edition - August 17, 2018

5 impacts the OCC ruling could have for bank CTOs
[Opinion] - Aug 16, 2018 - Bobs Guide.Com - The US OCC will soon be accepting applications from non-deposit taking fintech organisations to operate as banks on a nationwide basis, and early predictions suggest many firms ... Read More ...

Also See:
Evaluating the OCC's new FinTech Charter
[Opinion] - Aug 16, 2018 - Jd Supra.Com

CRA-like standards for fintechs could reduce access to credit
Aug 16, 2018 - American Banker.Com - Mark Dabertin - As reported in American Banker, consumer advocacy groups are concerned that financial inclusion expectations for fintechs chartered as special-purpose national banks ... Read More ...

FinCEN Highlights Value Of AML Filings In Cracking Fraud Cases ...
[Overview] - Aug 16, 2018 - ACFCS.Org - Brian Monroe - The U.S. Treasury is more aggressively mining the wealth of data buried in financial crime compliance filings to better crush a range of crimes, including large scale fraud cases ... Read More ...

HSBC hits major regulatory milestone in unwrapping overlapping AML ...
Aug 16, 2018 - ACFCS.Org - Brian Monroe - The U.S. operations of London-based HSBC hit a key regulatory milestone Tuesday as one of the plethora of regulatory agencies that has chastised the institution in the past for financial ... Read More ...

U.S. Secret Service Wants Action Against Untraceable Crypto ...
Aug 16, 2018 - Bitt Flex.Com - The U.S Secret Service Office of Investigations warned the U.S Congress against certain cryptocurrencies that encourage illicit activities by offering untraceable transactions in a recent hearing. ... Read More ...

Global Digital Finance: A Step in the Right Direction
[Opinion] - Aug 17, 2018 - Crypto-News.In - Nishchay Pushpad - Cryptocurrencies have grown vast with blockchain technology, but they haven't been able to set up their legitimacy yet. Every nation has a different opinion for crypto ... Read More ...

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