E-Money License in the United States
What sort of E-Money License is available in the United States?
money transmitter license
Will Small Money Transfer Operators Go Out Of Business?
This is the quintessential question. tl;dr: Yes, they will go out of business because of obsolescence. Will the small and somewhat medium money transfer businesses go out of business. When Novi (from Facebook), larger players like MoneyGram and VISA entering the market, crypto based remittances becoming a reality and the inevitable issuance of digital fiat …
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MTOs as Cash Out Points App Idea
Money Transfer Operators as a worldwide collective network of cash payout points? Possible in this day and age of digital apps?
Single State License In the United States – What Can You Do With It?
Startups and would-be entrepreneurs mistakenly think that if they get a license in one state in the United States, they can do business everywhere within the US. They also mistakenly think that if they are incorporated in Montana and get a license there, they are also good to go with regards to money transmitter license …
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Leveraging A License
Short video that explains what it means to leverage a license.
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)
What Is The Mid-Market Rate (or the Interbank rate)? Why Is It Important?
If you are remotely involved in the world of foreign exchange, whether it is an FX trade or buying/selling of FX or making cross-border payments, the mid-market rate is a team you will definitely come across. Here is a simple video that explains what it is and how it works.