The CrossTech Fintech Payments Conference held in New York City on May 23-24, 2024, marked a pivotal moment for the financial technology sector. This inaugural event attracted approximately 150 key industry players from around the globe, including representatives from money remittance services, fintech companies, global payment firms, traditional financial institutions, compliance and ID verification providers, […]
YES, every check needs to be run through your check cashing system. It is important to know your customer (KYC), adhere to the Bank Secrecy Act (BSA) compliance rules, and mitigate your loss and risk. Auditors/regulators require Money Services Businesses (MSBs) to have check cashing software, like Paycheck Secure, in order to comply with BSA […]
An Anti Money Laundering (AML) Program is a set of policies, procedures and internal controls designed to prevent money laundering and terrorist financing. If you are a business that provides money services, you will need an AML Program to satisfy regulators, avoid costly fines and prevent criminal punishment. MONEY SERVICES BUSINESS An organization that provides […]
Capital Compliance Experts has officially released their innovative automated transaction monitoring tool – Compliance IQ. The patent pending automated monitoring tool is a comprehensive solution that reinforces compliance management processes by identifying high risk activity. The automated transaction monitoring tool drastically reduces the time it takes to review countless transactions through automated analysis of data, […]
One of the intriguing aspects regarding lending and regulatory compliance is that it is ever changing. Because of its rapid evolution, we are constantly adding talent to keep up with the demands of the industry. With over 25 years experience of direct BSA/AML compliance, audit and underwriting audits, Robert Villapando not only has a diverse […]
