Learn why fintechs need to adopt a risk management strategy to maximize compliance and unlock new opportunities. — Compliance and risk management go hand in hand; compliance is following the established rules that help protect organizations from risks, while risk management helps protect organizations from risks that lead to non-compliance. …

Learn how to incorporate a compliance management system to stay compliant with regulatory jurisdictions. — As a rule-of-thumb, regulations that apply to financial institutions generally apply to fintech. The difference is that fintechs aren’t as directly regulated with strict standards as their bank counterparts. …

RoadmapLearn how to build an effective Anti-money Laundering program to prevent illicit activities and stay compliant with regulations. — Fintechs are the most vulnerable types of financial institutions for money laundering. The race to get to market the fastest in fintech culture causes startups to prioritize speed over unexciting compliance measures. When the goal is to prove product-market fit to investors, it’s easy for fintechs to onboard as many…

Learn how to make sense of the complex and fragmented regulatory landscape of fintech — Regulators have been on the hunt cracking down on fintech firms across all verticals. If you’ve been on any fintech news sites lately, there is no shortage of headlines like the SEC battling with crypto firms on the classification of securities, the DOJ charging product managers of crypto companies for…

Learn the brief history of U.S banking regulations to understand how the regulatory landscape of financial services has evolved into what it is today. — Laws in the financial services industry aren’t just made up out of the blue, they are rooted in history as the result of specific problems the U.S banking system has overcome. …

In 1994, only months after the World Wide Web software was released into the public domain, Stanford Federal Credit Union became the first financial institution in the U.S. to offer online banking to its customers, marking a major turning point within financial services. That same year, the first Warcraft game…

Over the last decade-plus, crypto and DeFi have rapidly become mainstream, sweeping across financial services and attracting talent and capital from every corner of the technology ecosystem. But while this wave of momentum around decentralization — “Fintech 3.0” — is here to stay, it’s undoubtedly still maturing and questions around…

Fintech is not immune to the tendency of naysayers during downturns to scream from the mountaintops that the sky is falling. While markets are in a wait-and-see mode with respect to some of the largest fintechs out there, new troubles are hitting emerging players because of pullback from several Bank…

As the wave of momentum around Fintech 2.0 and embedded finance has accelerated over the last decade-plus, a few spillways were obvious from the outset. Neobanks and PFM tools were the first to take the leap, leveraging fintech infrastructure platforms like Rize to stand up and streamline core banking offerings…