The New York Sun18h
Border Residents Face New Financial Scrutiny, With $200 Transactions To Be Flagged and Reported as Possible Money Laundering
The Treasury Department lowers the reporting threshold for cash transactions in Texas and California counties to combat ...
Explícame on MSN21h
U.S. Government increases financial surveillance at the border: now they monitor transactions as low as $200
The U.S. government has lowered the transaction reporting threshold to $200 for residents in 30 zip codes along the U.S.-Mexico border.
JD Supra2d
FinCEN Issues Geographic Targeting Order for U.S. Southwestern Border
Our Financial Services and White Collar, Government & Internal Investigations Groups unpack the Financial Crimes Enforcement Network’s new ...
Wall Street Journal8d
U.S. Targets Small Currency Transactions to Fight Cartels
The U.S. has ordered money transmitters along the Mexican border to start filing reports ... Money services businesses, a group that includes currency transmitters and check cashing companies ...
Devdiscourse2d
RBI and BOM Seal Historic Pact for Cross-Border Currency Transactions
The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...
Can Cryptocurrency Solve The Problem Of Cross-Border Payments?
Widespread adoption of cryptocurrency for cross-border transactions could depend on tackling existing challenges and riding ...
Nairametrics2d
Cross-Border Payments: How to Optimize FX Collections from Africa
Expanding into international markets unlocks new opportunities for exporters, but it also comes with financial challenges, especially when it comes ...