Tom Nawrocki
Staff Writer at PaymentsJournal
Staff Writer at Javelin Strategy & Research
Russia is paying me $400,000 a month for these posts. I don't think it's worth it, but who am I to judge.
Articles
-
1 week ago |
paymentsjournal.com | Tom Nawrocki
Given the number of people having conversations with ChatGPT and creating quirky AI-generated art for social media, it’s easy to assume that artificial intelligence has already arrived as a major force in the American tech world. But in reality, its impact on the business landscape has been limited so far—and it may still be a few years before we see widespread, serious adoption.
-
1 week ago |
paymentsjournal.com | Tom Nawrocki
Although it has found success with a wide range of personal finance products, UK-based fintech Revolut faces an uphill battle as it eyes entry into the rewards-based credit card market. In Europe, this segment is not only limited due to structural factors but has also long been dominated by American Express.
-
1 week ago |
paymentsjournal.com | Tom Nawrocki
After months of floating various anti-fraud proposals, the Social Security Administration (SSA) has settled on what appears to be a more or less permanent program to combat fraud. Effective immediately, the agency will conduct anti-fraud checks on all phone applications for benefits. Applicants flagged for suspicion will be required to verify their identity in person. SSA estimates that about 70,000 of the 4.5 million claims filed by phone each year will be flagged.
-
2 weeks ago |
paymentsjournal.com | Tom Nawrocki
The $40 million fine imposed this week on Block and its subsidiary Cash App is just the latest in a series of hefty penalties the company has faced as it grapples with ongoing compliance concerns. In the latest imbroglio, New York’s Department of Financial Services said that Block’s customer due diligence and risk-based controls were insufficient, leading to money laundering and terrorism financing.
-
2 weeks ago |
paymentsjournal.com | Tom Nawrocki
Last October, TD Bank was fined more than $3 billion after pleading guilty to violations of the Bank Secrecy Act and conspiracy to commit money laundering. The unprecedented charges stemmed from the bank’s failure to detect and prevent illicit financial activity. Specifically, it was cited for not implementing robust Know Your Customer (KYC) procedures, neglecting to conduct periodic account reviews for illegal activity, and failing to file suspicious activity reports.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 174
- Tweets
- 2K
- DMs Open
- Yes
Watching a Mariners-Twins game from 1982, as one does, and so far they have gone to commercials with snippets of both "Time Out of Mind" and "Hey Nineteen." @baddantakes
RT @MartyMcKee: I don’t give much of a damn about Marvel movies, but this is a good book. More candid than I expected.
Three of my favorite websites - Bill James Online, Football Outsiders, and Baseball Think Factory - went kaput in 2023. Recommendations for replacements are welcome.
