What is a UBO (Ultimate Beneficial Owner)?
Short video explaining what UBO – Ultimate Beneficial Owner is during DD (Due Diligence) or EDD (Enhanced Due Diligence)
EMI License
Merchant Account! You Cannot Just Get It – You Have To Apply And Qualify For It
You cannot just ‘get’ a merchant account. It is not a feature that is available and provided by all processors or banks. Merchant acquiring is a process by which you must be underwritten by a bank. This means, a bank has to underwrite your merchant application and only then can you accept cards. This means, …
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BYOB – Build Your Own Bank! (Video: 2 of 3).
BYOB – Build Your Own Bank! – Part Deux. Well not a full-scale bank per se, but a pseudo bank, or a partial neo bank. How to go about it? Well before we jump into the how, understand how you can go about building one, at a very cost-effective rate! This is the 2nd video …
BYOB – Build Your Own Bank! (Video: 1 of 3)
BYOB – Build Your Own Bank! Well not a full-scale bank per se, but a pseudo bank, or a partial neo bank. How to go about it? Well before we jump into the how, understand how you can go about building one, at a very cost-effective rate! This short video will help you understand that. …
Working with an EMI license and becoming an EMD Agent
This short video explains what the UK/EU EMI (Electronic Money Institution) license program is (in a very heuristic manner) and what it means when you become an EMD (Electronic Money Distributor), i.e. an Agent of the EMI license holder.
Licensing
Working in the financial services industry mandates that you get licensed by the appropriate financial regulator in your designated territory. Understanding and navigating the confusing labyrinth of licensing can be extremely overwhelming. My goal is to simply this for you and present it to you in plain English. Please do note, all information provided herewith …