Banker's Toolbox solidifies its position as the premier solution for fast-growing financial institutions with the release of BAM+ 4.0 upgrade.
Banker's Toolbox continues to lead the BSA/AML and Fraud prevention marketplace with the release of BAM+ 4.0. This solution provides increased detection with more versatility, transparency and control. BAM+ 4.0 also boasts a new customer due diligence platform, Due Diligence Manager, which will keep institutions compliant with the impending beneficial ownership mandates. (Read full press release here.)
Judge denies injunction for CFPB's English
Judge Timothy J. Kelly, of the United States District Court for the District of Columbia yesterday denied CFPB Deputy Director Leandra English's motion for a preliminary injunction that would restrain the president from appointing Mick Mulvaney as acting director of the CFPB, stating that English is unlikely to succeed in her case brought to enjoin the president from such an appointment. The underlying case pits a provision of the Dodd-Frank Act that provides that the Deputy Director of the agency shall "serve as acting Director in the absence or unavailability of the Director," against the Federal Vacancies Reform Act of 1998, under which Mulvaney was appointed acting Director by the president.