Thu. Jun 20th, 2019

FBI to conduct human trafficking probe training in Palau

Three Federal Bureau of Investigation (FBI) agents are coming to Palau to conduct training on Human Trafficking investigation slated November 14 to 16 at the Palau Marine Law Conference Room.

Anti-Human Trafficking Coordinator Jennifer Anson told Island Times that Palau had previously requested for the FBI’s assistance hence, resulting to the training.

FBI’s Supervisory Special Agents Tamara McKen and Marty Parker and Victim Specialist Monica Rowsey will be coming to Palau to help improve Palau’s investigation skills especially in human trafficking cases.

The topics to be discussed include adult sex trafficking, labor trafficking, investigations based on human trafficking statutes, case integration between prosecutors and investigators, Violent Crimes Against Children (VCAC), and providing services to victims of human trafficking.

The anti-human trafficking office has been set up to deal with human trafficking issues and complaints in Palau. It is part of Palau’s efforts to improve its status from Tier 2 to Tier 1 in the United States Trafficking of Persons report.

Tier 2 rating is given to countries whose governments do not fully meet the reports’ minimum standards, but are making significant efforts to bring themselves into compliance with those standards. (Rhealyn C. Pojas)



ICB Bank and Pangea Foundation to cooperate on a password-based financial services business

June 14, 2019 - Palau ICB Bank will launch new financial services based on the Pangea Foundation and cryptography promote business.

ICB Bank on Thursday, the cryptographic currency foundation Pangea (PAN) and block chain-based cryptography and signed business agreement to promote the financial services business.

ICB Bank uses the Pangea Foundation's password currency 'Pangea' to combine financial services. We plan to jointly promote various Pin Tech businesses.

In particular, ICB Bank is working with Pangea Foundation. ICB Bank promote issuance of visa cards and master cards based on cryptography. The company is releasing debit cards that can be settled as collateral.

If a Visa or Master Card is actually issued, payment will be made in everyday life anywhere in the world. It is becomes possible, consumers can use the Visa/Master Card on-line merchant's Bitcoin, Ethereum.

The bank, a financial institution works with the Cryptographic Fund to provide financial services that can be applied in everyday life. The roll out is expected to be the first in the block chain pin tech industry.

An official from the Pangea Foundation said, "Working with the bank, in the future, global credit card companies and we will expand services to Eurpoe, Latin America and other countries in connection with possible banks." he said.

On the other hand, Cryptography Pangea (PAN) is an ERC20-based token used for remittance and payment. Adds a centralize authentication agreement to decentralized lenders technology for faster transaction rates. Billing platform at the same time. Currently, Indonesia, Vietnam, Uzbekistan, Europe, etc. and the Cryptographic Exchange of eight countries in Southeast Asia and Latin America.

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