062 - FinTech CEO Guide to Fast Track Compliance

<p><span style="font-weight: 400;">There are common misconceptions around FinTech compliance, and if you take the old-fashioned approach, you could end up really hurting your business. After listening to today’s episode you’ll understand the best way to approach compliance, and how this will allow you to scale your operation in a sustainable way.  </span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:58] Misconceptions that many FinTech founders have about compliance. </span></p> <p><span style="font-weight: 400;">[02:09] An explanation of minimal-checklist compliance.  </span></p> <p><span style="font-weight: 400;">[04:14] Comparing minimal-checklist compliance with just-in-time compliance. </span></p> <p><span style="font-weight: 400;">[06:44] The danger of implementing compliance regulations without understanding them.</span></p> <p><span style="font-weight: 400;">[07:47] Low success rates of FinTech start-up’s. </span></p> <p><span style="font-weight: 400;">[08:05] How the giants of the FinTech world ‘got away with murder.’</span></p> <p><span style="font-weight: 400;">[10:03] Old-fashioned compliance advice, and how it can hurt your business. </span></p> <p><span style="font-weight: 400;">[11:20] What I believe to be the most efficient way to scale your FinTech while meeting regulatory requirements. </span></p> <p><span sty