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Senators ask regulators to investigate bank and crypto ties, citing Washington state bank

GeekWire

bank regulators to investigate the ties between the banking industry and cryptocurrency firms including Farmington, Wash.-based based Moonstone Bank. They also note that Jean Chalopin, who is the head of Moonstone’s parent company FBH, is also the chair of Bahamas-based Deltec Bank. Elizabeth Warren (D-Mass.)

Banking 90
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Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

A bank in rural Washington state sought to distance itself from FTX on Tuesday following a report last week detailing its connections to the failed cryptocurrency exchange. 23 that FBH, the parent company of Farmington State Bank, received $11.5 Moonstone Bank’s reputation as well.” Moonstone Bank’s reputation as well.”

Banking 101
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Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO Business Intelligence

The initiative began in 2021. The pharmaceutical industry is a highly regulated one, especially for multinationals doing business across the globe. As part of its RPA strategy, Merck leveraged unattended bots from Automation Anywhere to automate and streamline the creation, management, and distribution of its regulatory processes. “The

Banking 98
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Vouched, an identity verification startup backed by Zulily co-founders, raises $6.3M

GeekWire

The 30-employee company was spun out of Madrona Venture Labs, the accelerator based at Madrona Venture Group in Seattle, and now serves more than 300 banks, fintech companies and healthcare providers. Vouched’s software analyzes images of photo identity documents including passports and driver’s licenses.

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Rules targeting financial criminals will require new filings for startups and small businesses

GeekWire

Congress passed the legislation in 2021 and the reporting requirements are estimated to apply to some 30 million entities. There are 23 categories of exemptions, including larger businesses, nonprofits, banks and credit unions; many of these are excluded because their ownership information is captured through other means.

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Wizards of the Coast will continue supporting third-party content for D&D

GeekWire

currently grants permission for independent authors and creators to publish their own “homebrew” D&D material for profit under the Open Game License (OGL), a public copyright notice. 14, a Bank of America analyst downgraded Hasbro’s stock , accusing it of “killing the golden goose.”

Licensing 106
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Tech Moves: Tegria adds execs; JPMorgan leader retiring; Angi hires former Expedia exec; and more

GeekWire

He is the former CEO of Cumberland Consulting Group, which provided technology consulting and advisory services and was acquired by Tegria in 2021. A licensed general internist, Gensinger has expertise in clinical informatics and software design. Cahill also previously held leadership roles at lifeIMAGE, eWebHealth, ChartOne and HPR.