There are hundreds of cases in the field of compliance where people create problems for themselves when in reality, those problems do not exist! In today’s episode, I’m going to talk you through three of the common fears around compliance in FinTech companies, and why these fears are unfounded. If Read more…
Despite so many financial industry veterans being anti-risk, in today’s episode, I’m going to explain why I think this is not a good approach, and I share with you the many benefits of taking risks and making losses as a FinTech start-up. If you found value in this episode, I Read more…
Today marks one year of me bringing you Compliance That Makes Sense! In today’s episode, I share what inspired me to begin this podcast, and what has motivated me to keep going. You’ll learn more about my background, and why I am so passionate about FinTech compliance. Thank you for Read more…
For those who don’t know, DeFi is a set of technical solutions that do not have an identifiable person or body behind the service. Today’s episode was triggered by an announcement made by Shapeshift about their intention to completely decentralize their company and go all-in with DeFi because they felt Read more…
So many FinTech start-ups struggle with compliance, and I have had many people ask me how they can get their compliance in order. I have dedicated today’s episode to answering that question so listen in as I explain the three key components which make up a FinTech compliance structure that Read more…
Today, I wanted to debunk a widely-held industry myth that everyone who has customers from Germany needs to arrange for a custodial solution in Germany and register with BaFin. THIS IS JUST NOT TRUE. I get why you may have this idea. In fact, it often happens in the financial Read more…
Through my years of experience working with FinTech start-ups, I have noticed that many CEOs have a strange relationship with compliance. Often, CEOs don’t know when to act or when not to act when it comes to compliance issues. I have developed two guiding principles that I use to build Read more…
The well-established nature and high price points of large consulting firms have led to the common assumption that they are the best choice for FinTech companies looking for support with their license applications. Big Four firms do have a role to play, but in today’s show, I explain why this Read more…
I know, it sounds counter-intuitive and confusing, but it’s the reality: what you do as a FinTech startup in order to open your bank accounts is almost entirely opposite to what you do to secure a license application. Here is how these relationships are fundamentally different: How these fundamental differences Read more…
Five of my FinTech clients lost some of their banking relationships this year, despite the fact that they had been partnering for 3 years prior to that. There were 2 main reasons for account terminations: FinTech startups commenced new activities with new clients and the banks refused to support these new financial Read more…