Do you know what constitutes reputational risk? In this episode of Compliance That Makes Sense, Yana discusses reputational risk, and she believes her view on this topic might not be very popular. Listen as Yana shares some examples she has Read more…
Let’s look at one FinTech’s onboarding flow metrics: Started the registration process – 100% A confirmed email with a reverse link – 90% Started providing KYC information (e.g. name, address, etc) – 88% Started video verification – 55% (many of Read more…
Today, Yana discusses why she believes that compliance professionals are paid less than other people in the company. Often, compliance is put in a category with things you must do because the government requires it, like paying taxes. It then Read more…
“Timing is everything with this project.” Today Yana discusses one of the most frequently asked compliance questions she hears; how soon can you get me a compliance license, and what the process looks like? People worry about this question because Read more…
Welcome to the first episode of Compliance That Makes Sense. Listen as your host Yana Afanasieva discusses compliance, where it was five years ago versus where it is now. Yana shares the changes she has seen over the years and Read more…
One of the biggest complaints I hear from fellow compliance professionals is about being underpaid. The second biggest complaint is about a lack of appreciation for what they do. It’s true that at the same level and with approximately the Read more…
Many people say that FinTech became an overly saturated market without any serious opportunities left and it does not make sense to start anything new. Consumers expect everything for free, regulators impose new costly requirements, banking partners take forever to Read more…
Let’s talk today about CRS (Common Reporting Standards introduced by the OECD). If you don’t know what CRS is (lucky you) – it’s the Common Reporting Standard approved by the OECD Council in 2014, allowing countries to obtain information from Read more…
Yes, you heard it right – I’m offering you to join 2-day mini-training with the goal to teach you how to create or revise your FinTech or E-Commerce company Privacy Policy without relying on the EU-US Privacy Shield even when Read more…
Today I wanted to give you a quick overview of the concept of international sanctions, how they work and how they may impact a FinTech company, especially from the standpoint of technical implementation and tools. Warning: this is not compliance Read more…