Payment Approved™ Acquires RegTech and AML Compliance Leader Optima Compass
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The acquisition enhances the growing FinTech startup’s suite of offerings, equipping it with best-in-class regulatory compliance technology to uphold a new standard of security and trust.
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Together, we will empower domestic banks around the world to digitize with simplicity, tap into a trusted global network, and become regional leaders. AUSTIN, Texas (PRWEB) April 16, 2021 Payment Approved Technologies, LLC, a financial technology platform that is spearheading a global digital commerce network, announced today that it has acquired Optima Compass Group, LLC, a leading provider of RegTech solutions, including automated Anti-Money Laundering and consulting services.
By Jaclyn Jaeger2021-04-15T19:52:00+01:00
The Treasury Department on Thursday announced sanctions against Russia implemented under an executive order from President Joe Biden in response to the SolarWinds hack and alleged election interference by the country.
While the bulk of the sanctions target the Russian government, some implement new prohibitions on certain dealings in Russian sovereign debt. Certain technology companies were also targeted for supporting efforts to “carry out malicious cyber activities against the United States,” Treasury said.
The Office of Foreign Assets Control (OFAC) issued a directive that “generally prohibits U.S. financial institutions from participating in the primary market for ruble or non-ruble denominated bonds issued after June 14, 2021 by the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation, and further prohibits U.S. financial institutions fro
“We could vaccinate 5 million Venezuelans with that money that is being stolen,” Rodríguez said.
Venezuela’s National Assembly Speaker, Jorge Rodríguez – recognized by Nicolás Maduro’s Government – Tuesday denounced opposition leaders were behind a scam plan to “steal” more than 53 million dollars of Venezuela s money frozen in the United States.
”We are going to show an event that occurred yesterday (Monday), a double scam, a double robbery, with a meeting that took place yesterday with some former deputies, [who are] members of a terrorist group called Voluntad Popular, said Rodríguez, of the ruling Chavist party.
Rodríguez said Marco Aurelio Quiñones, Sergio Vergara, Franco Casella, Winston Flores, Adriana Pichardo and Freddy Superlano participated in this meeting.
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RAPAPORT. The US government has placed sanctions on an important state-owned gemstone company in Myanmar, its latest attempt to deprive the military of funding.American businesses may no longer transact with Myanma Gems Enterprise (MGE), an entity “responsible for all gemstone activities”.