On July 18, 2025, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act was signed into law, marking the first comprehensive federal regulatory framework governing payment stablecoins in the United States. For anti-money laundering (AML)/combating the financing of terrorism (CFT) professionals, fintech executives, and compliance officers, the GENIUS Act is not just crypto […]
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 […]
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 […]
A major change is on the horizon for money services businesses (MSBs) and their customers. With the recent passage of the One Big Beautiful Bill Act, the federal government has introduced a 1% remittance excise tax on certain outbound money transfers, commonly referred to as “remittances.” Set to take effect January 1, 2026, this tax […]
The Final Rule Signals Bigger Changes Ahead On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a final rule that formally integrates countering the financing of terrorism (CFT) into the required anti-money laundering (AML) programs for certain investment advisers. While money services businesses (MSBs) are not directly affected by this rule, the move […]
