Can I initiate a transfer without having the money flow through a bank I own?

Can I initiate a transfer without having the money flow through a bank I own?' is at the heart of the modern fintech revolution. Under the current global regulatory framework, including the US MTMA and the EU’s PSD3/PSR merger, you do not need to be a chartered bank to move capital. Instead, you utilize a 'Flow of Funds' (FoF) model where money moves through accounts held at a licensed financial institution (the Sponsor Bank) but managed via your technical interface.