Stay ahead of compliance trends, regulatory updates, and industry best practices curated for modern fintechs.
Washington State requires a money transmitter license from the DFI to legally transmit money. This guide covers the requirements, bond amounts, net worth, and application process step by step.
Illinois requires a Transmitter of Money license from the IDFPR to legally transmit money in the state. This guide covers the requirements, fees, bond amounts, and application process step by step.
A sanctions compliance program is required for any fintech with US customers or dollar transactions. This guide explains OFAC's five framework components and how to build a program that protects your business.
The OFAC SDN List is the US government's list of sanctioned individuals, entities, and countries that financial institutions must screen against. This guide explains what's on it, who must use it, and how to screen correctly.
Banking as a Service lets fintechs offer bank accounts, cards, and payments without a bank charter. This guide explains how BaaS works, who the key players are, and what compliance obligations come with it.
Virtual currency licenses are state-issued authorizations for cryptocurrency businesses. Here is what virtual currency licenses are, which states require them, and how they relate to standard money transmitter licenses.
A compliance audit systematically evaluates a fintech's compliance program against applicable requirements. Here is what compliance audits cover, how they differ from independent AML reviews, and what they produce.
Money transmitter license and MSB status are related but distinct concepts. Here is the exact relationship between them, what each requires, and why both matter for your compliance program.
AML compliance consulting provides fintech companies with expert guidance on building, operating, and improving their compliance programs. Here is what consultants do, when to hire one, and how to choose the right partner.