FinTech companies rarely can survive without banks, processors, and other financial partners. The more the merrier. Today, I’d like to share with you my view on having too many partners and how do you know when it’s too many. One notorious example of an epic failure with too many too-big-to-fail Read more…
It is my opinion, and the opinion of many experts who have been working in the space for a long time, that the new US Crypto bill is flawed in many ways. The bill makes assumptions and proposes to impose regulations which, as I will explain today through a number Read more…
Have you ever wondered why VCs keep pouring money into loss-making FinTechs? For the longest time, financial industry veterans have been saying that financial companies survive and grow by avoiding risks because from their perspective, avoiding risks equals avoiding losses and keeping customers’ money safe. However, equating the safety of Read more…
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…
Today’s article is inspired by my conversation with a taxi driver about money and Putin. I came to Salzburg for the Opera Festival and a taxi driver asked me (mixing Russian and German with some heavy Slavic accent) if I was pro or against Putin. I said “obviously against” and 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…
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…