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…
How much time and money should you spend on becoming compliant? – Here are some of the signs that you have achieved a reasonable balance between compliance requirements and business growth: CEO actually likes talking to compliance people, because it helps Read more…
There are too many lies, misconceptions and fake news about compliance that keep many overwhelmed FinTech founders and many compliance experts stuck. Here are some of them: Compliance is too complicated, there are too many regulations and they keep changing Read more…
What are your views on ‘all or nothing?’ Do you agree with Yana that it is a way to make sure you are performing at your highest level and leaves very little room for compromise or do you think Tom’s Read more…
Have you ever misused the word impact in a business context? Listen as Tom and Yana discuss how startups look at income versus impact. Yana shares that if a company or client chooses to work with you because of the Read more…
How much harder do I need to try to make this work? Listen as Tom and Yana discuss when it’s time to stop trying to make something work and move on to another project. Tom believes that many startups don’t Read more…
Have you ever been called a strong person at work? Listen as Tom and Yana debate whether being called a strong person is a compliment or a curse. Yana feels like when people perceive you as strong, you don’t get Read more…
Two new regulations came about in early 2020 with respect to AML and KYC requirements and they generated a number of speculations, second-guessing and urban legends – EBA Guidelines Draft and updated JMLSG “Prevention of Money Laundering” regulation. Let’s first talk Read more…
Do you need more clarity before you sell your digital product? Listen as Tom and Yana discuss living off the revenues of consulting and treating your digital product as a hobby versus having the discipline and focus on knowing that Read more…
Selling products can be hard for introverts. Listen as Tom and Yana discuss why this is and ways to get around it. Making sales takes patience and a willingness to handle the hassles that might come your way. Yana believes Read more…