085 - FinTech Compliance in Emerging Markets

<p><span style="font-weight: 400;">I have experience working in emerging markets and developed markets, and in today’s episode I am going to share with you some of the key differentiating characteristics, and a few of the pros and cons of each!</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;">[01:21] Why many emerging markets are categorized as high risk.</span></p> <p><span style="font-weight: 400;">[02:20] The importance of rethinking your customer risk matrix if you are working in emerging markets.</span></p> <p><span style="font-weight: 400;">[02:41] Documentation issues that you may run into when working in emerging markets.</span></p> <p><span style="font-weight: 400;">[03:19] Challenges that can arise when analyzing sources of funds and wealth in emerging markets. </span></p> <p><span style="font-weight: 400;">[04:02] Differences between marketing and customer acquisition strategies in emerging and developed markets, and how this impacts compliance.</span></p> <p><span style="font-weight: 400;">[04:36] Why winning local corporate deals and securing local financial partnerships is easier in emerging markets.</span></p> <p><span style="font-weight: 400;">[05:56] The problem with the way markets are categorized according to risk.</span></p> <p><span style="font-weight: 400;">[08:43] Differences between the career trajectorie