Money Services Businesses (MSBs) are entering 2026 under continued regulatory pressure, from federal expectations around anti-money laundering/countering the financing of terrorism (AML/CFT) effectiveness and sanctions compliance to increasingly detailed state licensing, cybersecurity, and consumer protection requirements. Use this ten-step roadmap to prioritize renewals, updates, and internal reviews before regulators or your bank. 1. Core Business […]
FinCEN’s newly issued Geographic Targeting Order (GTO) for Minnesota is a clear signal of how regulators are approaching money transmission risk nationwide and why multiple, overlapping compliance tools are now part of everyday compliance reality. Effective February 12, 2026, through August 10, 2026, the GTO requires banks and money transmitters operating in Hennepin and Ramsey […]
FinCEN has issued a new notice warning financial institutions, including money services businesses (MSBs), to be vigilant about suspicious activity involving convertible virtual currency (CVC) kiosks. These kiosks, which function like ATMs for digital assets, are being increasingly exploited for scams and other illicit activities, putting operators and financial partners at risk. CVC Kiosk Concerns […]
The Financial Crimes Enforcement Network (FinCEN) has issued updated guidance on its Geographic Targeting Order (GTO), directly affecting money services businesses (MSBs) along the southwest border. From September 10, 2025, through March 6, 2026, MSBs in designated areas must file Currency Transaction Reports (CTRs) for cash transactions over $1,000 and up to $10,000. The updated […]
FOR IMMEDIATE RELEASE Washington, D.C. – 07/25/2025 – INFiN, A Financial Services Alliance, the premier advocate and established leader for the regulated consumer financial services industry, has announced a strategic partnership with Capital Compliance Experts (CCE), a trusted provider of compliance training, learning management system (LMS), and oversight solutions. This collaboration will provide INFiN members […]
