Banking

Banking | Finance

John Basile, Jean-Paul Schwarz, Ann Petterson | Baker Tilly

The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, has issued a notice whereby it intends to require certain investment advisors to establish anti-money laundering programs (“AML”) and reporting of suspicious activity pursuant to the Bank Secrecy Act...

Banking | Finance

Nicole Joy Elmgart | Sills Cummis & Gross P.C.

Virtual Card Present - A New Breed of Mobile Credit Card Fraud As credit card fraud rises, ensuring the security of mobile payments is important for merchants and consumers alike. To combat fraud, the next generation of mobile payment platforms employ tokenization to create more secure mobile...

Banking | Finance | FinTech

Steve Gold, Michael D’Addio, Edward Turay, Erin F. Fonté | McGuireWoods LLP

MCC’s contributing firms weigh in on the bitcoin phenomena – how it works, legal and privacy implications, and the broader impact of this disruptive technology as non-monetary currency gains acceptance and popularity. Bitcoin: An Important Disruptive Technology? Bitcoin has been...