The RegTech, SupTech, and FinTech communities are focused on developing new technologies to speed up, simplify, and streamline financial institutions’ […]
Month: January 2019
The Southwest Border(s) – Some Background to Inform the Debate
To understand the current broo-haha about “The Wall”, you need to understand two things. First, a bit about the Mexico […]
Here is Cannabis, Where is Congress? Without Laws, Regulations, and Clear Guidance, the Financial Sector Is Rightfully Reluctant to Bank Cannabis Businesses
On September 12, 2018 I posted an article titled “Cannabis, Congress, and Courage – Why Banks are not Banking Marijuana […]
The National Hockey League is considering a major rule change for the 2019-2020 season – one player from each team will be required to call penalties on his own team!
The size of an NHL ice surface – 200 feet by 85 feet – hasn’t changed in 100 years. Yet […]
Managing Through Change – How to Survive and Succeed
“If you don’t like change, you’re going to like irrelevance even less.” – General Eric Shinseki “New ideas pass through […]
Managing Meetings – How to Increase Your Effective Staffing Level by 25% … Without Adding Any Staff!
How many of us dread those needless conference calls where the first ten minutes are spent re-capping what was just […]
California Chaos – Not Only do California’s Cannabis Regulations Make Banking Cannabis Businesses Almost Impossible, They Squandered a Perfect Opportunity to Embrace Regulatory Innovation
There is a big push in the FinTech/RegTech (SupTech) space to digitize regulations. One of the biggest hurdles to doing […]
2018 National Money Laundering Risk Assessment – AML 2018 Looks Very Similar to AML 2015
On December 20th the Treasury Department released its National Illicit Finance Strategy (something required under the Countering America’s Adversaries Through […]
CRA-like Evaluations for Banks’ BSA/AML Programs? Let’s Give Banks Some Credit for Building and Maintaining an Outstanding BSA Program!
The only time the public (and Congress) hears about a bank’s BSA program is when the program has failed and […]