Gap Analysis is a terrible and most inefficient approach to assess any FinTech compliance project. You may be thinking: “Wait, what? Isn’t it how you are supposed to start your compliance analysis..?” Well, yes, we all were indoctrinated to believe and act that way, this is what all compliance gurus Read more…
If you work in FinTech compliance, you already heard me say that hard work, extensive research, attention to detail, and deep regulatory knowledge is not the best way to solve compliance issues and add value within FinTech. You may be shaking your head in disbelief and I totally get it. Read more…
Many FinTech CEOs sometimes find themselves frustrated and helpless when they have to make decisions about compliance. They believe that they are very objective, pragmatic, and data-driven, but in reality, they make a lot of irrational and impulsive decisions that further slow down their compliance and business. Here are some Read more…
If you think that your role as a compliance officer is to provide accurate and extensive information to your company leaders and you’re confused about why you aren’t being promoted and why your boss doesn’t seem to take you seriously, listen to this episode to understand why you need to Read more…
Many struggling compliance experts believe that to have better compliance and better risk management they need more time, better tools, and more resources. That is how you have probably been trained for years. You have been led to believe that in order to deliver your best, most accurate, most comprehensive, Read more…
Are you a FinTech Founder or the CEO contemplating how much funds and engineering resources to allocate to your compliance team during the next 12 months? – READ THIS FIRST! You may have tried some of the following strategies, but saw very little improvements, right? The reason why you may Read more…
If “Nothing bad happened” is your best FinTech compliance result for 2023 and feels like a miracle, READ THIS NOW! If at least one of these examples feels true to you, you are definitely not alone. Most FinTech compliance experts are not afraid of hard work, have extremely high work Read more…
I really would like to challenge the conventional wisdom of the “hire slow, fire fast” principle. I’ve never personally followed this advice, but only after hearing Ben Horowitz talking about it, did I realize why my gut instincts were credible. Hire slow… I don’t think it works because you’ll never Read more…
“Hire slow, fire fast” has become a common adage in the working world. In today’s episode, I am going to explain why this approach does not work well in the world of FinTech compliance and what FinTech leaders should be doing to find the right fit for their companies instead! Read more…
One of the biggest mistakes that many first-time MLROs or Heads of Compliance make is that they expect their FinTech CEO or founder to become their manager and to act as a boss, and these expectations very often turn out badly. First-time or moderately experienced MLROs or Heads of Compliance Read more…