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 […]
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 […]
Obtaining a money transmitter license (MTL) in the United States is a multifaceted process that requires adherence to federal and state regulations. These licenses are essential for businesses that transfer funds or facilitate financial transactions on behalf of others, including electronic money transmission, currency exchange, and handling digital assets such as cryptocurrencies. The licensing process […]
The Financial Crimes Enforcement Network (FinCEN) has issued a Geographic Targeting Order (GTO) requiring money services businesses (MSBs) along the southwest border of the United States to file Currency Transaction Reports (CTRs) for cash transactions exceeding $200 but not more than $10,000. Effective April 14, 2025, through September 9, 2025, this order aims to enhance […]
Ensuring your business remains compliant is essential for maintaining strong banking relationships. As regulations evolve, updating your BSA/AML/OFAC Compliance Program is more important than ever. To help you stay on top of these changes, we’ve refreshed our comprehensive compliance checklist for 2025. Our expert team of Certified Anti-Money Laundering Specialists (CAMS) has collaborated with bank […]
