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Justice for Victims of Human Trafficking – One Transaction at a Time

Abrigo

Identify Human Trafficking via Transactions Banking professionals run across many types of transactions pointing to human trafficking. Takeaway 1 Some financial transactions flag human trafficking because they are from websites notorious for this behavior. Blatantly exploitative’ trafficking transactions.

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RINS and LCFS – Regulations for renewables in Oil & Gas industry

SAP Credit Management

RINs are periodically reported to EPA Moderated Transaction System (EMTS) to comply and match with RVOs. The counterparty provides a Product Transfer Document (PTD) document after the transaction is complete that confirms the RINs detail and the quantity (ratio w.r.t. The transaction is also reconciled with EMTS.

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Former Comptroller General of Ecuador convicted for $10M in Miami

Due

Carlos Ramon Polit Faggioni, 73, was involved in a series of illegal activities between 2010 and 2015, a period when he was entrusted with safeguarding his country’s public funds. A Miami federal jury has found the former Comptroller General of Ecuador guilty of a million-dollar money laundering and bribery scheme.

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Recent Bank Merger Activity Provides New Opportunities To Lend

Commercial Lending

At the start of 2010 there were 7,658 separately charted Banks in the United States. However, since 2010 De Novo Bank startups have slowed down dramatically with only 57 new banks having been chartered since 2010. Plus, as Banks get bigger, in order to support future growth, they typically need to focus on larger transactions.

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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

According to FDIC data, in 2016, commercial banks reported 23 million total small business loans, an increase of 4 million from 2010, with an aggregate loan balance unchanged of just over $627 billion. How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans. Learn More. C&I Loans. CRE Lending.

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Creating Fintech Magic with AI

TreviPay

As Chris Dixon explained back in 2010, there are reasons why the next big thing usually starts out looking like a toy. For example, AI can be used to identify and monitor high-risk transactions and to generate reports that demonstrate compliance with regulations. Don’t be fooled into thinking it’s frivolous and all hype though.

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The Comprehensive Guide to Debit Card Processing Fees

Fundera

Consumer Payment Study [1] —it’s best to know what debit card processing fees you’re incurring when accepting these transactions. . Types of Debit Card Transactions. Are merchants charged for debit card transactions? That said, there are typically two types of debit card transactions you will be processing: PIN and signature. .