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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

A blockchain-based registry would allow FEMA to “catalyze cross-sector engagement, and develop technology-enabled use cases that can improve the speed of disaster responses and insurance claim payments, without sacrificing accuracy or increasing the risk of fraud.

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Nordea Accused Of Handling $790M In Suspicious Transactions

PYMNTS

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years.