Frank Lawrence, Chief Compliance Officer/AML Officer Facebook Payments, was previously Chief Compliance Officer Google and Head of Global Compliance Operations for Google. Before Google, Frank was Global Head of Legal, Compliance, & Operations for Coinstar Money Transfer; Vice President; Officer; Treasurer; Board Member.
Frank is responsible for interacting with Federal and State Regulators as well as law enforcement agencies to prevent money laundering or terrorist activities. For Facebook, he works on a wide cross-functional team that develops, designs, negotiates contracts and implements critical operational procedures for new product introductions.
Prior to Facebook and Google he launched international wire transfers and international money orders, which accounted for more than 90% of the total GroupEx Financial transaction volume. He was also responsible for Credit and Collections Department, Call Center operations, Customer Service, and FX trading and settlement operations.
His greatest successes have come in creating new growth enterprises or new products such as electronic funds transfers and money order plus and later integrating them into a larger corporate structure. In addition, Frank was the one of the primary negotiators for culminating the sale of the previously privately owned GroupEx to Coinstar in 2008, during which he managed the due diligence team.