Remittances to low- and middle-income countries are on course to recover in 2017 after two consecutive years of decline, said the latest edition of the World Bank’s Migration and Development Brief. The Bank estimates ...
Category: Industry News
In an effort to remain compliant—and profitable—modern companies have adopted real-time sanctions screening as a battle-tested best practice. For those businesses that do not update and rescreen their clients and vendors ...
Sending money to friends and family just got faster, more convenient, and a lot more personal. MSBA member BBVA recently launched the online app-based service Tuyyo. This global mobile money transfer service eliminates t ...
Leading money transfer company, La Nacional is now available online thanks to WireCash. La Nacional, a U.S. licensed money transmitter, provides money transfers to more than 85 countries and real-time payout of money tra ...
Organizations face significant challenges, many of which are interconnected. In terms of compliance and risk management, companies must have not only the capacity to accurately identify customers and vendors, but also the ability to quickly process transactions for goods and services while minimizing the risk of running afoul of numerous rules and regulations that sometimes accompany such transactions.
The solution to meeting these needs must offer a delicate balance between risk management and speed. It must also address four major challenges of incorporating real-time screening. Michael Brown , vice president of product strategy for CSI Regulatory Compliance shares the four main challenges.
CSI is a proud member of the MSBA.Read More
As technology continues to dazzle consumers with its innovative flair, financial regulatory objectives have remained consistent: create regulations that both protect consumer data and prevent criminals from funding their illegal activities.
The truth of the matter, however, is that modern criminals possess a deep-seeded knowledge of current regulations, and thus are constantly inventing means to bypass the current standard.
MSBA Member CSI highlights the regulation rules and what it means for MSB's.Read More
CSI provides insights for MSB's on how to fend off ransomware attacks with greater effectiveness. The new ransomware is more sophisticated. Safeguarding your organization and your data is a critical part of doing business these days.
Read about the proven methods tailored to MSB's to assist your organization in its fight against cyberattacks.
CSI is a proud member of the MSBA.