Events included an update on risk-based capital proposal and a small CU roundtable.
February 23, 2014
Buzz Points Marketing Program Manager Holly Watson (right) chatted with Karen Knowlton, EVP, Champion CU, about the vendor’s merchant-funded loyalty program that places an emphasis on local communities.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.