i-law

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.

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