On Wednesday, December 2nd, the compliance team concluded the Anti-Money Laundering Online Workshop with AML program requirements. The presentation covered how to preserve your banking relationship and an in-depth glimpse into the anatomy of an AML program. The team uncovered that there are four pillars of an AML program and include: Designation of a Compliance […]
LEARNING CURVE Our team has a lot of experience working with banks and we have grown accustomed to bank terminology, commonly referred to in the office as “banking terms.” While these terms come easy for our team, it is a new language for many of our merchants. It is our job to share our knowledge […]
The second installment of the Anti-Money Laundering Online Workshop focused on Banking for MSBs on Thursday, October 22nd. The David Letterman-esque countdown provided a unique take on top 10 reasons you are getting declined or exited from your bank. The list offered insight into the banking world and their secret sauce to approving or declining […]
On Tuesday, September 29th, our compliance team conducted the first of the Anti-Money Laundering Online Workshop Series, Compliance Basics. The team’s inaugural webinar covered what compliance is and how it affects you, as an MSB. Compliance is a broad term and in the arena of MSB and financial services, it is specific and yet complicated. […]
We are pleased to present to you a free online workshop that specializes in compliance and anti-money laundering related topics. The Anti-Money Laundering Online Workshop Series will cover what you need to know about your MSB account and what you should be doing to keep your bank happy. The workshops include: COMPLIANCE BASICS– Understand what […]
