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Block fined $40m over AML failings related to Cash App - Retail Banker International

Retrieved on: 2025-04-11 11:00:34

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Block fined $40m over AML failings related to Cash App - Retail Banker International. View article details on hiswai:

Summary

The article discusses Block Inc.'s $40m fine for lapses in its anti-money laundering (AML) compliance program, highlighting the necessity of business intelligence for regulatory compliance, particularly with mobile payments and financial regulations like the Bank Secrecy Act.

Article found on: www.retailbankerinternational.com

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