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Elie claims that Ifrah failed to disclose to government lawyers that he was receiving commission payments for assisting Elie in getting poker payment processing accounts with Full Tilt Poker and PokerStars.
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Last year, 130 million accounts were stolen from a payment processing company, Heartland Payment Systems.
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In 2010, 130 million accounts were stolen from a payment processing company, Heartland Payment Systems.
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That includes everything from processing checks and opening new accounts to mitigating fraud and evaluating loan applications.
FORBES: The Financial Services Sector Looks To The Cloud
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Start-ups and other financial companies can quickly create FDIC-insured bank accounts, move money online and do payment processing using BancBox.
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But those who E-file and have their refunds electronically deposited in their accounts will continue to get their money, since this involves the same processing functions that the government uses to debit money due on E-filed returns.
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The banks charge high fees for processing remittances, and pay a paltry 3-4% on most savings accounts.
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These accounts, used by individual investors, tend to represent great quantities of small orders which take as much processing as big ones.
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