October 11, 2021 | Articles | Forbes
Fintech And Compliance: It’s Not One Size Fits All
In her regular column, Julie Myers Wood discusses ways for fintechs to lower their risk profile as the industry continues to grow at a breakneck pace, driven by advances in technology and a focus on personalizing solutions to meet specific consumer needs and preferences. Fintech companies fall into disparate sectors, from those that help travelers split up payments in advance of a big vacation to shoppers investing in rare memorabilia. Innovation, though, can sometimes outpace compliance, resulting in heightened risk.… Read More
September 29, 2021 | Podcasts
How Crypto Exchanges Can Avoid Sanctions By Shedding Criminal Users
MarketScale
2021 has been the year of ransomware attacks; from Kaseya to the Colonial Pipeline. Ken Mendelson was asked to share his thoughts on the intersection of crime, cybersecurity, and government regulation.
… September 23, 2021 | Media Mentions
U.S. Treasury’s Ransomware Crackdown: What it Means for Banks and FIs
Bank Automation News
The Biden administration announced new security guidance to target those who facilitate ransomware payments, laying out an action plan that focuses on disrupting criminal networks and virtual currency exchanges. Kenneth Mendelson offered his thoughts.… Read More
September 22, 2021 | Media Mentions
Iran, Cuba and Belarus Embrace Bitcoin. What Should Banks Do About Sanctions?
The Street
Passing muster with traditional financial institutions and regulators can be critical for crypto exchanges. Julie Myers Wood offers her thoughts.… Read More