The Economic and Financial Crimes Commission (EFCC) is ramping up efforts to combat illicit financial activities in Nigeria as concerns over cross-border money laundering grow. A critical component of this initiative involves Bureau De Change (BDC) operators, who play a significant role in the
In recent years, the property and casualty (P&C) insurance sector in the United States has been grappling with increasing challenges as secondary perils, such as severe convective storms, inland flooding, and wildfires, grow both in frequency and severity. Traditionally considered minor
In the constantly shifting landscape of global financial markets, Bitcoin's distinctive characteristics and resilience are becoming increasingly prominent. As traditional economic assets grapple with price fluctuations driven by geopolitical tensions, high interest rates, and unpredictable
Mountain America Credit Union has made a strategic move by appointing Nanette Graviet as Senior Vice President and Chief Risk Officer. With Nanette’s wealth of experience in governance, risk management, compliance, and legal expertise, the credit union is set to embark on a new chapter focused on e
Amid fluctuating economic conditions and changing regulatory landscapes, the wealth management industry has witnessed several significant mergers and acquisitions, causing ripples throughout the financial sector. These developments not only reflect the evolving strategies of major players but also
World Liberty Financial, spearheaded by Donald Trump, is set to launch a dollar-pegged stablecoin named USD1. This follows the company's successful fundraising of $550 million through a separate digital token sale. The stablecoin will be fully backed by U.S. Treasuries, dollars, and other cash
