The requirements on when to apply strong authentication for EEA-based customers are outlined in the RTS on Strong Authentication (aka “2FA” or “2-Factor Authentication”). It is effective since 2019, but some countries delayed its implementation due to COVID. Anyway, this requirement has arrived in Europe. Generally speaking, it’s required to Read more…
In today’s episode, I share a personal story that highlights why you don’t need a plan to be successful! Until 2020, I always measured my success by how closely I could stick to a plan. But I have come to realize how limiting that is, and through my Impact Mentorship Read more…
Before writing this email, I took a long walk and re-listened to some of my favorite parts of Peter Thiel’s book “Zero to One” about entrepreneurship and startups. He talks a lot about the early PayPal days. I especially liked the chapter about the dot-com times of the 2000s and Read more…
Driven by what I have been hearing from FinTech founders about their experiences with compliance, in today’s episode, I talk about the core three elements of the just-in-time compliance framework, and why sometimes doing nothing is the best compliance strategy of all! If you found value in this episode, I Read more…
Today, I wanted to talk (again 😬) about the “Travel Rule” for blockchain transfers and what might be the first simplified implementation of it for a FInTech startup that’s getting very confused by various complex solution providers and consortia offerings. 1. Scope – What is the “Travel Rule”? FATF issued Read more…
The majority of compliance training, certification curriculums, and seminars focus on understanding, interpreting, and implementing rules and regulations. In today’s episode, I explain why I disagree with this tactic and what I recommend doing instead! If you found value in this episode, I would really appreciate it if you could Read more…
First of all, let’s agree that the term “stablecoin” has been applied extremely loosely and liberally, in a truly decentralized fashion 😉 and I have personally seen it referring to single-currency or multi-currency pegged digital assets, to tokenized gold and diamonds products, to hybrid digital products with embedded algorithmic price Read more…
In this episode, I explain why to-do lists aren’t actually as helpful as many time-management gurus would have you believe! I also share a new approach that you can use to define your strategic priorities instead of a to-do list. If you found value in this episode, I would really Read more…
I am really happy and excited when my network contacts or blog readers or even random FinTech enthusiasts reach out to me and ask their questions. Please keep them coming – this is how I learn about your most common concerns and challenges and can produce better and more relevant Read more…
In this episode, I run through some of the common mistakes that FinTech founders make when trying to build relationships with the government, and I share some helpful strategies for how to build these relationships more effectively. If you found value in this episode, I would really appreciate it if Read more…