Navigating CPRA: Challenges and Solutions for Businesses
The CPRA’s impact is two-fold, like a coin with two sides. On one side, consumers are rejoicing over the increased privacy protections. Conversely, companies and large businesses are struggling to find solutions to stay compliant while ensuring their revenue stays active. The impact of the CPRA on marketing and advertising is particularly noteworthy, and the […]
What Is the Bank Secrecy Act (BSA)?
Key Takeaways: The Bank Secrecy Act (BSA), passed in 1970, is a U.S. federal law designed to prevent financial crimes such as money laundering. It requires banks and other financial institutions to report large cash transactions exceeding $10,000 and any suspicious activity that might signify money laundering or other financial crimes. The Financial Crimes Enforcement […]
