A lot of people say that FinTech and payments became an overly saturated market where there are no serious opportunities left and it does not even make sense to start anything new because consumers expect everything for free, regulators impose Read more…
For the last episode of the year, I wanted to reflect on what has been a challenging year (to say the least) but one filled with valuable lessons. I hope that you are able to make peace with everything that Read more…
I recently had an interesting exchange with a FinTech founder about how to structure T&Cs in such as way that customers complain less and protect the entity from unreasonable or unfounded customer complaints. My position is that the easier and Read more…
The purpose of a business is to serve customers and make money. So, doing something at the expense of the overall company’s success because it is the “right” thing to do from a compliance standpoint is, in my opinion, a Read more…
A client called and asked me: “WTF is internal control, how is it different from compliance and how do I document that my internal control is effective quickly because I have a call with auditors in 1 hour…” Well, Internal Read more…
In the aftermath of the crash of FTX, many crypto exchanges have announced their readiness to publish their Proof of Reserves data with the aim of reassuring customers about the safety of their funds. Tune in today to hear my Read more…
Pursuing your own licenses in 2023-2024 will take even longer for a number of factors, therefore, the dependency on your White-Label partners will increase. Success in FinTech Compliance in 2023 and beyond will depend on your ability to satisfy your White-Label Read more…
Professional education and certification programs promise to teach us valuable skills for the FinTech industry, but they aren’t teaching us the things that matter! Tune in today to hear why these programs do more harm than good and what I Read more…
Is your team suffering from Boomers’ Syndrome? If the answer is yes, you are not alone! Tune in today to hear why the traditional approach to compliance is so problematic in today’s world and what you can do to help Read more…
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 Read more…