Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
Mnuchin addresses FATC plenary meeting
Treasury Secretary Steven T. Mnuchin delivered closing remarks at the Plenary meeting of the Financial Action Task Force (FATF) in Orlando, Florida, on Friday. The Plenary marked the 30-year anniversary of the FATF, and the final Plenary under Assistant Secretary of the Treasury for Terrorist Financing Marshall Billingslea’s leadership, during whose term as FATF president the organization achieved critical advances in the global fight to combat illicit finance.