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

Today's Daily News Clippings!

Wednesday - October 18, 2017 - Full Edition

Justice Department to create post overseeing asset forfeiture program
[Federal] - Oct 18, 2017 - Reuters.Com - Sarah N. Lynch - U.S. Attorney General Jeff Sessions directed the agency on Tuesday to hire an asset forfeiture oversight chief, just months after he reinstated a program shut down by the Obama ... Read More ...

De-risking in trade finance: time to act
[Opinion] - Oct 17, 2017 - Banking Tech.Com - Agnès Joly - Banks' correspondent relationships are conducted via Swift's global network, which numbers 11,000 banks in 200 countries. Via Relationship Management Application (RMA) keys, banks ... Read More ...

Whats Hurting Correspondent Banks: Bank employees easiest path to ...
[Opinion] - Oct 17, 2017 - AME Info.Com - According to the Committee on Payments and Market Infrastructures (CPMI), an international financial organization that promotes the safety of payments, correspondent banking ... Read More ...

Dahabshiil: Banks should open networks to all remittances firms ...
[Opinion] - Oct 18, 2017 - Capital Fm.Co.Ke - With the World Bank getting increasingly concerned about the high cost of remittances to Africa, calls are emerging to improve competition in field and for banks to open their networks ... Read More ...

Identity Matching in the Money Transfer & Payments Industry
From Derisking To Detente: Key positive developments in banking for MSBs - Read More ...

"Eventually Governments Will Take Any Action They Need to Prevent Bitcoin"
[Opinion, Canada] - Oct 17, 2017 - News.Bitcoin.Com - Former Federal Reserve (Fed) Chairman Ben Bernanke's recent comments about bitcoin and its network add to his growing list of hardening stances toward the world's most popular ... Read More ...

First official license for a Swiss Bitcoin company
[Press Release] - Oct 18, 2017 - Calvin Ayre.Com - After over one year of substantial effort and investment, the company received a regulatory upgrade, making it the first Bitcoin firm in Switzerland directly supervised by the Swiss Financial Market ... Read More ...

Blockchain pitched as derisking tool for banking, cross-border trade
[Opinion] - Oct 18, 2017 - Jamaica-Gleaner.Com -  Digital ledger, or blockchain technology, is set to change the way both private companies and governments do business, says Mat McGuire, a financial crime risk management expert from Canada ... Read More ...


NMTA White Paper Released 12/15/2015
"How to Bank MSBs and Payments Companies"
   En Español:
   Recomendaciones Para Bancarizar MSBs

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