Developed Markets
Why do some US banks restrict or block international wire transfers?
Jun 8, 2025
International Wire Transfers and Large Transfers
How much money do you need for a new banking license in the United States?
Apr 3, 2025
Licensing Strategy, Sponsorship and Agent Models
How Much Money is Needed to Apply for a New Banking Charter?
Dec 18, 2024
Central Banks and Bank Supervision
What is the safest and most efficient way to move large sums of money between two European countries?
Aug 7, 2024
Sending and Receiving Money Abroad
Is it possible to transfer funds from Europe to the US without involving banks at all?
Apr 2, 2024
Hawala, Informal Value Transfer and Shadow Finance
How do you get a Forex trading license in the UK, and what does it involve?
Mar 27, 2024
High-Risk Industries
Is a money transmitter license required for the operation of closed-loop cards in the United States?
Jan 29, 2024
US Money Transmitter Licensing and MSB Registration
Is a license required to operate crypto-related services in the US?
Jan 5, 2024
Crypto and VASP Licensing
Do you think an ACH can be rejected (incurring reject fees) if we verify the balance ahead of time?
Feb 23, 2023
Domestic Payment Rails, National Switches and Clearing Systems
How can there be fraud in the money transfer business? I don’t know about the business and want to know if it comes with some kind of chargeback or fraud protection for us.
Feb 17, 2023
Money Transfer Business and MTOs
We have established a money transfer company in Canada and now we are looking for a bank in the US and want to be its Authorized Delegate in the USA for money transfer services.
Feb 16, 2023
Licensing Strategy, Sponsorship and Agent Models
What is the process for obtaining a money transmitter license in the US?
Feb 4, 2023
US Money Transmitter Licensing and MSB Registration
If I want to launch a crypto wallet, how can I secure a sponsoring bank for a crypto money transfer license?
Feb 2, 2023
Licensing Strategy, Sponsorship and Agent Models
Where can I find a detailed breakdown of money transmitter license costs in the United States?
Feb 1, 2023
US Money Transmitter Licensing and MSB Registration
Is a money transmitter license adequate for launching crypto-related services in the US?
Jan 26, 2023
Crypto and VASP Licensing
What is Europe's Electronic Money Directive or EMD?
Jan 3, 2023
UK and EU Licensing, EMIs and Payment Institutions
Can I open a US bank account remotely to create a PayPal business account?
May 11, 2022
Opening Bank Accounts, Personal and Business
Is a money transmitter license sufficient for crypto services in the US?
Jan 10, 2022
Crypto and VASP Licensing
Is a routing number always required to transfer money?
Jan 1, 2022
Domestic Payment Rails, National Switches and Clearing Systems
What are the advantages of holding an EU money transmitter license versus operating under a bank’s umbrella?
Aug 1, 2021
Licensing Strategy, Sponsorship and Agent Models
How Much Money Do I Need to Get Started?
Jul 5, 2021
Money Transfer Business and MTOs
What is Remittance-as-a-Service (RaaS)?
Dec 2, 2020
Money Transfer Business and MTOs
Is it legal in the US for a business to issue its own internal currency for purchases?
Dec 1, 2020
US Money Transmitter Licensing and MSB Registration
If I receive money in the US on behalf of someone else to make an online purchase for them (they live outside the US), am I considered a money transmitter?
Jun 6, 2020
US Money Transmitter Licensing and MSB Registration
How are US money transmitters surviving “de-risking” (loss of banking relationships), and what workarounds do they use?
Jun 6, 2020
Sponsor Banks, FBO Accounts and Banking Access for Fintechs and MSBs
Can a fintech startup legally rent a money transmitter license?
Jun 5, 2020
Licensing Strategy, Sponsorship and Agent Models
Can you recommend law firms that specialize in US payments and money transmission regulation?
May 6, 2020
US Money Transmitter Licensing and MSB Registration
Are TransferWise borderless account balances visible to tax authorities?
Apr 11, 2020
Tax and Financial Reporting
Do US authorities monitor PayPal transactions for illegal activity?
Feb 8, 2020
AML Programs, KYC and Compliance Operations
If someone in the US sends crypto abroad, the recipient sells it, and sends fiat proceeds back—are there legal or compliance risks?
Nov 1, 2019
US Money Transmitter Licensing and MSB Registration
If I collect money from people and send it using a licensed money transmitter’s app, is that legal in the US—and can I charge a fee for doing it?
Sep 9, 2019
US Money Transmitter Licensing and MSB Registration
How difficult is licensing for crypto exchanges in the US?
Sep 1, 2019
Crypto and VASP Licensing
How can a cash-strapped startup obtain US money transmitter licenses?
Sep 1, 2019
Licensing Strategy, Sponsorship and Agent Models
How does Payoneer legally provide bank accounts to non-UK residents?
Aug 3, 2019
UK and EU Licensing, EMIs and Payment Institutions
Is there a network or consortium for small licensed money transmitters in the US?
Jun 9, 2019
US Money Transmitter Licensing and MSB Registration
Why isn’t an escrow model like LocalBitcoins typically treated as a money transmitter/MSB in many US states?
Mar 1, 2019
US Money Transmitter Licensing and MSB Registration
Why are US banks closed during hours when it’s most convenient for many customers (evenings/weekends), and how does that make business sense?
Feb 1, 2019
How Banks Work
Why is building a Plaid-like startup harder in the UK or Europe despite open banking APIs?
Dec 11, 2018
Open Banking and Account Aggregation
If an app only connects people to hawaladars but never touches funds, does it need FCA or HMRC registration in the UK?
Dec 8, 2018
UK and EU Licensing, EMIs and Payment Institutions
Are international banks as strict as US banks when it comes to compliance and onboarding?
Sep 8, 2018
AML Programs, KYC and Compliance Operations
How do I start a money remittance agency in the UK?
Sep 5, 2018
Money Transfer Business and MTOs
Will mobile payments ever replace credit cards in the US, and what are the main obstacles?
Aug 7, 2018
Digital Wallets, Mobile Money and P2P Payments
Is it illegal in the US to offer remittances using cryptocurrency, and can crypto remittance services avoid the fees that regulated remittance providers pay?
May 6, 2018
US Money Transmitter Licensing and MSB Registration
How does PayPal move money into bank accounts, and what is the underlying process?
Apr 5, 2017
Digital Wallets, Mobile Money and P2P Payments
Does the U.S. government track individual bank account balances?
Apr 3, 2017
Regulators, Enforcement and Regulatory Change
Why are banks like Westpac exiting FX and money-services businesses, and how likely is it that others will follow?
Apr 1, 2017
Sponsor Banks, FBO Accounts and Banking Access for Fintechs and MSBs
What would be required for the many U.S. merchants using flat-screen POS terminals with built-in mag-stripe readers to meet new EMV acceptance requirements?
Apr 1, 2017
Merchant Accounts, Processors and Gateways
Why are Visa, Mastercard, and American Express the dominant major players in transaction processing?
Mar 3, 2017
Card Networks and Card Issuing
Which consulting firms can help set up an online forex brokerage in the United States?
Mar 1, 2017
High-Risk Industries
Will RTGS and ACH payment systems become obsolete once faster payment systems like Australia’s NPP are fully implemented?
Feb 5, 2017
Domestic Payment Rails, National Switches and Clearing Systems