TITLE

Latin Banks Are Stepping Up…

PUB. DATE
November 2006
SOURCE
Bank Technology News;Nov2006, Vol. 19 Issue 11, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that banks in Latin America are making major expenditures on technology for compliance with anti-money laundering (AML) legislation. Banks are getting directives from the International Monetary Fund, and the United Nations for their compliance with AML legislation. Due to this, Latin American banks are paying more attention on their security issues to prevent any harm from money laundering. Many banks have started mobile banking due to security issues.
ACCESSION #
23394480

 

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