Money Laundering Bulletin
Fintech - held on the launchpad
Fintech is in a bind – promising new ways to move money and allocate capital, injecting fresh thinking and impetus into a
market-place long dominated by large institutions, the innovators struggle to open and keep bank accounts. Is it ML/CF and
fraud risk or regulation not fit for purpose or misread that is frustrating an industry revolution? Michael Kosmides talks
to
Andrew Kaye, CEO of leading escrow service transpact.com.