Today, I wanted to talk more about why FinTech startups and banks keep struggling with manual tasks around compliance. I mean, they have the resources, they hire smart people, they use the best tools… So, what is not working? đ Well, the reality is â with most compliance tools, things break Read more…
Despite the fact that many people within organizations believe that doing more manual reviews is the magic bullet that will make their compliance team more efficient, this couldnât be further from the truth. Tune in today to hear why! If you found value in this episode, I would really appreciate Read more…
I just finished reading the new book by Ray Dalio about the cyclical nature of financial and debt systems, and how political events, pandemics, and natural disasters may impact these economic cycles. Ray Dalio is one of the most successful hedge fund managers turned researcher and historian, who made his name by predicting the financial Read more…
Itâs not always easy to know where the root cause of the problems in your organization lies. In todayâs episode, Iâm going to give you some examples of common issues which may seem like organizational issues but in fact, they are just a result of inexperienced compliance officers who donât Read more…
If you work in FinTech or Financial Services, you probably know that most audits start with a âplease, send me your policiesâ request. And most audit findings come from scenarios when you did not follow your policy or when your policy did not describe something that actually happened. So, what Read more…
There are a number of different factors to consider prior to undergoing a âfit and properâ assessment, and although there is no one-size-fits-all approach, in todayâs episode, Iâm going to talk about some of the most important practices and principles that can help you achieve success in the FinTech compliance Read more…
Whatâs on the horizon for FinTech and Crypto in 2022? Hello friends, and Happy New Year 2022! I strongly believe that this year is going to be the year of crypto. In todayâs episode, it is dedicated to DAOs (Decentralized Autonomous Organization) and why I donât believe in them. Join Read more…
After years of doing FinTech compliance consulting, I am now in the enviable position of being able to be picky about my clients. I have declined to join projects â and left some of my (former) ones â over a dozen times over the last 24 months. These decisions have very Read more…
Whatâs on the horizon for FinTech and Crypto in 2022? In todayâs episode, I wanted to discuss the trends I see coming in the FinTech space for 2022. Obviously, things may change with this forecast, but this is why we love crypto and FinTech so much. Join me as I Read more…
In the last few posts, Iâve covered why 2 of the most commonly applied compliance strategies â âjust-in-caseâ (preparing everything, losing yourself in piles of documents, and overspending money), and âminimal checklistâ (where you end up re-doing everything over and over again, overspending effort) is not used by successful FinTech Read more…