The National Money Transmitters Association
A Rich Resource for Intelligence on the Money Transfer Industry


Today's Daily News Clippings!

Friday - August 18, 2017 - Full Edition

Justice Department to end Obama-era 'Operation Choke Point'

[Opinion] - Aug 17, 2017 - Politico.Com - Victoria Guida - The Justice Department has committed to ending a controversial Obama-era program that discourages banks from doing business with a range of companies, from payday lenders ... Read More ...

Also See:
Letter From Assistant Attorney General
Aug 16, 2017 - Allied Progress.Org

CARICOM secretary-general asks Sweden for help on blacklisting issue
[Guyana] - Aug 18, 2017 - Caribbean News Now.Com - A major consequence of this blacklisting was the "de-risking" strategies being employed by certain international banks which had resulted in the withdrawal of crucial correspondent ... Read More ...

CU Industry Watching After Varo Money Applies for Charter
Aug 17, 2017 - CU Times.Com - Tina Orem - The firm, Varo Money, is a San Francisco-based mobile banking startup that offers a phone app intended to help people manage their finances. On July 25, the company announced it had ... Read More ...

Flake hits Trump on immigration in NYT op-ed
Aug 18, 2017 - Politico.Com - Louis Nelson - Arizona Republican Senator Jeff Flake took on President Donald Trump's immigration views in an New York Times op-ed published Friday, arguing that U.S. immigration policy must leave open the ... Read More ...

Also See:
Jeff Flake: We Need Immigrants With Skills. But Working Hard Is a Skill.
Aug 18, 2017 - NY Times.Com - Jeff Flake

Rauner calls immigration bill "very reasonable"
[Illinois] - Aug 19, 2017 - Chicago Tribune.Com - Republican Gov. Bruce Rauner said Friday he plans to announce "in the next couple days" whether he'll sign a bill aimed at limiting the role of local law enforcement in federal efforts to detain and remove ... Read More ...

Money Transmitter Licensing Changes in New Hampshire and Washington for VC
[State Law Update] - Aug 17, 2017 - Buckley Sandler.Com - On August 1, New Hampshire HB 436 went into effect, "exempting persons using virtual currency from registering as money transmitters" under the state's money transmitter ... Read More ...

Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee
Aug 17, 2017 - News.Bitcoin.Com - Washington regulators recently introduced exchange rules for any firm wanting to allow customers to trade in cryptocurrency. They said they created Senate Bill 5031 to make the ecosystem fair ... Read More ...

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