ACCRUED AND OTHER LIABILITIES Accrued and other liabilities consisted of the following (in thousands): | | | | | | | | | | | | | December 31, | | | | 2019 | | 2018 | Payables to sending agents | $ | 10,124 | | | $ | 8,972 | | Accrued legal settlement (see Note 15) | 3,250 | | | — | | Accrued salaries and benefits | 2,374 | | | 2,365 | | Accrued bank charges | 976 | | | 983 | | Accrued loyalty program reserve | — | | | 621 | | Accrued interest | 17 | | | 1,009 | | Accrued legal fees | 120 | | | 920 | | Accrued other professional fees | 655 | | | 559 | | Accrued taxes | 2,345 | | | 756 | | Deferred revenue loyalty program | 2,495 | | | — | | Other | 718 | | | 170 | | | $ | 23,074 | | | $ | 16,355 | |
The following table shows the changes in the deferred revenue loyalty program liability (in thousands):
| | | | | | | | | Balance, December 31, 2018 | | $ | — | | Adoption of ASC 606 | | 1,976 | | Revenue deferred during the period | | 2,618 | | Revenue recognized during the period | | (2,099) | | Balance, December 31, 2019 | | $ | 2,495 | |
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