Today, I wanted to tell you about one fun fact… Recently licensed FinTech companies are typically super excited, they prepare their PR statements and go on a roadshow to announce their license approval to the world. In 100% of the cases I know of, they say something inaccurate or politically Read more…
Welcome to episode 100! In celebration of reaching this milestone, I have dedicated this episode to explain why I do what I do, and what I love about my job. Thank you for being a part of the Compliance That Makes Sense journey so far! If you found value in Read more…
I’d like to share with you what I learned while simultaneously riding a sales horse and a compliance horse recently. I know – it’s been suggested that it’s impossible to do it with one behind, but well… women are great at multitasking. So, what do FinTech sales and FinTech compliance Read more…
In the old-fashioned world of traditional finance, it was beneficial for risk and compliance teams to provide as much information as possible in a risk assessment. In today’s Fintech environment, the core role of risk and compliance teams has changed, and the old ways of doing risk assessments are no Read more…
I observed recently how old-fashioned tabular or matrix-based risk assessments were questioned and challenged by regulators and also by white-label service providers during due diligence reviews. The challenge looked like a series of questions or (in some cases remarks that looked quite biased and even rude) from the reviewers: Your Read more…
Fraudulent activity and security incidents are inevitable. The important thing is that you know what to do if it happens to you. Tune in to today’s episode where I share my key pieces of advice on how to approach these situations. If you found value in this episode, I would Read more…
Let’s assume you need to complete an AML/operational/IT audit. You received the first quote from the audit firm and you are about to have a panic attack or something along those lines. 😩 🤯 😬 So, how do you go about negotiating your audit fees? Old fashion strategy would be Read more…
Running a company is not easy; it requires pragmatism, discipline, sometimes a cold heart, and learning to master the difficult art of delegation. Tune in for today’s episode which is all about the importance of finding a compliance team that shares your risk appetite so that you don’t waste valuable Read more…
Today, I wanted to share with you some of the most common scenarios where FinTech license applications get stuck. 😉 Curious? – Read on! 👓 Not knowing how to respond to broad open-ended questions such as “describe the flow of data within your organization”, “describe how do you detect risks related to Read more…
I’ve been asked by many different people about how to choose a Banking-as-a-Service partner and the differences between Banking-as-a-Service partners and FinTech-friendly banking partners. So, I’ve put everything you need to know about this topic into this podcast episode! If you found value in this episode, I would really appreciate Read more…