Launching a fintech sandbox can help states promote investment, job growth and innovative products. States must recognize how their patchwork of different regimes stifles innovation, but they also have an opportunity to help maintain U.S. competitiveness in the global fintech marketplace. Source: Regulatory sandboxes can help states advance fintech | American Banker
First Tennessee ditched its multiple vendor relationships to revamp both online and mobile with D3 Banking, a relatively new entrant in the banking technology space; it was founded in 2008. First Tennessee took a leap of faith to hire a young digital services company for its overhaul of mobile and online operations, and it says […]
Episode 6 – Why Do Central Bank Hate Bitcoin Based Remittance If you are in the business of money transfer using bitcoin, you might want to give this a listen. It very briefly explains what central banks look for in remittances and why is it that they don’t like bitcoin based remittances.
Episode 5 – Money Transmitter License Agent If you are trying to be an agent of someone else’s money transmitter license, you might want to know about this.
Episode 4 – What is a Payment Account Lost access to MSB Business Bank Account. Do you know there is something called a Payment Account, which is essentially offering the same services as an MSB Friendly Bank?
Daily Fintech Podcast – Episode 3 – Can a US bank sponsor my company to provide money transmitter license?
Episode 3 – Can a US bank sponsor my company to provide money transmitter license? Can a State or a Nationwide Bank in the US sponsor my money transmitter licenses? Can they be the program manager and sponsor my startup under their license?
Daily Fintech Podcast: Episode 2 – Why do you need a money transmitter license if you are outside the United States, but are signing up US Customers?
Episode 2 – Why do you need a money transmitter license if you are outside the US? Most businesses don’t understand why they need to be licensed in the United States when they are not physically present in the US, especially for financial related products & services. Well, the answer lies with a FinCEN advisory.
Episode 1 – What constitutes as a money transmitter? The episode for today discusses what a money transmitter is (in non-legal terms). What constitutes as a money transmitter in my opinion?
Fintech Podcast by Category US Money Transmitter License Episode 1 – What constitutes as a money transmitter? Episode 2 – Why do you need a money transmitter license if you are outside the United States, but are signing up US Customers? Episode 3 – Can a US bank sponsor my company to provide money transmitter […]
Fintech Podcast Mini-Series These are a collection of fintech podcasts I will now be putting up, usually answering questions that I get or in many cases be commenting on a small topic/news items pertaining to banking & payments. Yes, there will be days, when I might veer outside the circle. If you would like to see […]