I observed recently how old-fashioned tabular or matrix-based risk assessments were questioned and challenged by regulators and also by white-label service providers during due diligence reviews. The challenge looked like a series of questions or (in some cases remarks that looked quite biased and even rude) from the reviewers: Your Read more…
In the previous article, I’ve traced down how your mission as a FinTech startup founder brings you on a possible collision course with partners, auditors, and regulators because of an inherent difference of vision regarding FinTech compliance, and the role it occupies in your business. I’ve also warned against pride Read more…
Photo by Emma Matthews on Unsplash Let’s face it, due diligence processes are overwhelming: They never end, you feel like you are going over the same items for a thousand times, nobody is listening to what you say and if they do, they find obscure ways to turn it against Read more…