Stay ahead of compliance trends, regulatory updates, and industry best practices curated for modern fintechs.
Florida requires money services businesses to obtain a license from the Office of Financial Regulation under the Money Transmitters' Act. This guide covers Florida MSB licensing requirements, application process, and ongoing compliance.
FinCEN's Prepaid Access Rule imposes BSA registration and customer identification requirements on providers and sellers of prepaid access products. This guide explains who it covers, what it requires, and how fintechs offering prepaid products must comply.
FinCEN 314(b) allows financial institutions to voluntarily share information with each other to identify and report money laundering. This guide explains how it works, what protections it provides, and why fintechs should consider participating.
FinCEN 314(a) requests enable law enforcement to ask financial institutions to search their records for accounts linked to suspected criminals. This guide explains how 314(a) works, what fintechs must do, and how to build a response process.
OFAC penalties can be severe — millions of dollars per violation, even without intent. This guide explains how OFAC calculates civil penalties, what factors affect the outcome, and how voluntary self-disclosure can reduce your exposure.
OFAC has extended sanctions enforcement to cryptocurrency, including listing wallet addresses on the SDN List. This guide explains how crypto sanctions screening works and what your compliance program needs.
DeFi (decentralized finance) presents unique compliance challenges — no central operator, no built-in KYC, and evolving regulations. This guide explains the current US regulatory approach and what fintechs interacting with DeFi must be aware of.
AML and KYC are related but distinct compliance requirements. This guide explains the difference, how they work together, and what each one requires from your fintech.
The Fair Credit Reporting Act (FCRA) governs how consumer credit information can be collected, used, and shared. For fintechs that use credit reports or background checks in underwriting or onboarding, FCRA compliance is essential. This guide explains what the FCRA requires.