Amex dinged by Fed, OCC

T2Covered by 1 source · first reported by Payments Dive / Banking Dive at 09 Oct, 01:01 UTC

American Express must pay a $350 million penalty after regulators cited “significant deficiencies” in its anti-money laundering program.

fintechpolicy

Sources

• T2Amex dinged by Fed, OCCPayments Dive / Banking Dive09 Oct, 01:01