The tendency to micromanage compliance is rife in the FinTech world. In this episode, I discuss the various reasons why this is the case and offer some advice on how to deal with a micromanager! If you found value in this episode, I would really appreciate it if you could Read more…
Crisis situations hit most FinTech startups a few times a year. By crisis, I mean some sudden changes in external circumstances or adverse events where founders and the management team are unsure if and how their business is going to survive. Some of the (most common) examples: If you work in FinTech, I can Read more…
As a FinTech startup founder, it is almost guaranteed that you will experience some form of crisis at some point in your journey in the industry. And more likely than not, you will experience more than one! In today’s episode, I discuss some of the more common crisis situations, from Read more…
I recently read The Beginning of Infinity, a book that had a profound impact on how I see the world. In today’s episode, I apply some of the concepts from that book to my field of expertise. If you’re looking for a way to efficiently scale your startup while remaining Read more…
There are common misconceptions around FinTech compliance, and if you take the old-fashioned approach, you could end up really hurting your business. After listening to today’s episode, you’ll understand the best way to approach compliance, and how this will allow you to scale your operation in a sustainable way. If Read more…
ChatGPT has had the most amazing growth and user adoption rates of all time. Many tech leaders agree that this platform innovation is likely going to have a bigger impact than the internet and mobile phones combined, in particular, because it offers to accelerate and simplify many processes and eliminate a Read more…
ChatGPT has had a big impact on many industries worldwide because of its ability to accelerate and simplify processes. Although some people are worried about the job losses that applications like ChatGPT are likely to cause, I am excited about the future of the compliance sector with this kind of Read more…
I’d like to argue that there are two main regulatory approaches in the world: regulations on “how to do things” and regulations on “how to report things”. Depending on the category of this regulation, the strategy of your compliance implementation will be dramatically different. Successful FinTech smart companies tend to Read more…
In the world of compliance, there are two main regulatory approaches: how-to-do-things regulations and how-to-report-things regulations. Depending on the regulation type, the compliance and implementation strategy can be dramatically different. In this episode, we explore how smart fintech companies can leverage a specific regulatory approach to grow and optimize their Read more…
Let’s talk about how to prepare for Fit and Proper interviews with regulators. First of all, these interviews don’t happen always. In fact, they are more likely to happen if this is your first-time MLRO, Director, or Board Member role and you are relatively young. In many cases, regulators have Read more…