Most compliance officers would agree that onboarding and reviewing corporate customers is one of the most painful and annoying KYC tasks ever. It takes forever, it’s confusing, and everyone involved (customers, UBOs, compliance officers, and relationship managers) hates every step of the process. BUT WHY? Why cannot we all simplify Read more…
Compliance Officers are almost never promoted within their companies and have to change jobs to get ahead – it’s just statistics. Since I often help my FinTech founder clients to interview their compliance leaders and regularly give feedback about their existing teams, I think I have a perspective. Most compliance Read more…
Dear FinTech fellows! You heard it right – I’ve put together a brand new absolutely mind-blowing value-packed FinTech compliance workshop and it’s totally different compared to everything I’ve done before because we will not talk about laws and regulations at all, but we are actually going to talk about SAVING Read more…
I recommend that every compliance professional should ask their founders or executive team the following questions before they decide how to allocate their compliance resources and budget 2021. The FinTech industry is struggling with scaling and profitability, customer churn due to inefficient onboarding design, long approval cycles waiting for regulatory Read more…
I don’t believe that information is power in 2021, especially not in FinTech. Information about how one should run a FinTech business is everywhere and you can get it for free. More information does not empower anyone, more likely than not – it just creates overwhelm. Which is why, in Read more…
“2021 will be a year where professions that have been information-based will shift.” Today, Yana is discussing why she believes that the compliance function is an implementation function instead of just a providing information function. Yana argues that compliance has changed over the years, and since information is everywhere, it’s Read more…
Listen as Yana discusses why some FinTech startups make it to the top, keep growing, and secure license applications, partnerships, and funding. In contrast, most startups just run out of money and aren’t able to make it. What is it that those few startups have figured out? Yana gives her Read more…
Why is it that very few FinTech startups keep growing, secure licenses and partnerships they want, and are loved and praised by their customers… while most other startups struggle and run out of money? They all operate in the same environment, get almost the same level of seed investments, graduate Read more…
If you are a FinTech founder or a CEO, you are constantly selling and your hardest pitches are not necessarily to customers. First and foremost, you need to sell your business model, your technology, and your overall concept to regulators, banks, investors, and partners. You often need approvals and permissions Read more…
Let’s talk about the main concerns or objections I hear from many participants before they are ready to make up their minds and hire me or any other compliance expert. “It’s not the right time for our company now, I like the idea of being able to get insights via Helpline, Read more…