BAFT, ABA’s global transaction banking subsidiary, today announced the election of new officers for the 2017-2018 association year. BAFT’s new chairman will be Kimberly Burdette, SVP and manager of international financial institutions at PNC. David Scola, head of the financial institutions group in corporate banking at Barclays, will serve as vice chairman, and Mark Garfield, head of global financial institutions at Zions Bancorporation, will serve as secretary and treasurer.
Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement
The cryptocurrency exchange Coinme has agreed to close down its virtual currency kiosk operations in multiple states as part of a settlement with 34 state financial regulatory authorities over alleged Bank Secrecy Act and anti-money laundering violations, according...








