Podcasts by Compliance That Makes Sense

163 - What To Do When CEO and Compliance Disagree from 2023-12-11T02:00

If you think that your role as a compliance officer is to provide accurate and extensive information to your company leaders and you’re confused about why you aren’t being promoted and...

162 - UAE is Stealing Switzerland’s Thunder as the Ultimate Financial Hub from 2023-12-04T02:00

For various reasons which I share in today’s episode, many FinTech companies are now establishing their global headquarters in the UAE. Tune in today to hear how the UAE has become the...

161 - Why The “Hire Slow, Fire Fast” Strategy Does Not Work from 2023-11-27T02:00

“Hire slow, fire fast” has become a common adage in the working world. In today’s episode, I am going to explain why this approach does not work well in the world of FinTech compliance...

160 - Innovation Behind Bars: How FATF Actions Restrain FinTech Culture from 2023-11-20T02:00

The Financial Action Task Force (FATF) is an international body founded with the aim of enhancing global financial security and improving industry standards. However, in this episode, ...

159 - Your FinTech CEO Is Not Your Boss from 2023-11-13T02:00

A common expectation of first-time MLROs and heads of compliance is that their CEO will be their boss. In this episode, I debunk this myth so you, as a new MLRO or head of compliance, ...

158 - Conspiracy Theories About Money and Finances from 2023-11-06T02:00

In this episode, I explore some common conspiracy theories that I have come across in the world of business and finance. I personally find this topic a fascinating one, and I hope you ...

157 - The Differences Between the Financial Crises of 2008 and 2023 from 2023-10-30T02:00

Inspired by Andrew Ross Sorkin’s insights on the topic, in this episode, I explore the differences between the financial crises of 2008 and 2023 and share my thoughts on which one was ...

156 - Why Compliance Should Be Managed as a Revenue Center from 2023-10-24T12:34:02

“Not treating compliance as a function responsible for revenues is not just a poor cost decision; it’s simply ignoring the reality of the underlying processes.” 

In th...

155 - Is MICA Good or Bad? from 2023-10-16T01:00

In this episode, I explore the key elements of the MICA regulation that was approved in the spring of 2023, its problematic elements, and the implications it will have in the FinTech s...

154 - Regulatory Capture in Financial Services from 2023-10-09T01:00

Bill Gurley’s inspirational speech at the All-In Summit motivated me to record an episode focusing on the worldwide issue of regulatory capture. Tune in today to learn more about what ...

153 - Why Shopify Needs 800+ Payment Service Providers from 2023-10-02T01:00

In this episode, I share some of the invaluable lessons that I learned from listening to a speech by Tobias Lütke, the founder and CEO of Shopify, at the inspirational All-In Summit. F...

152 - Worldcoin Launch and Curve Hack from 2023-09-04T01:00

A few weeks ago, two major events took place in the FinTech world; Worldcoin was launched and Curve was hacked. The fact that these events happened so close to one another has raised m...

151 - Continuous Education Traps and How FinTech Compliance Certification is Different from 2023-08-28T01:00

Discomfort is the key to growth! Too many professional education courses don’t give people the skills to truly accelerate their careers. In this episode, I discuss the reasons why and ...

150 - Why I Created My Own FinTech Compliance Certification Program from 2023-08-21T01:00

If you’ve been listening to this show for a while, you’ll know that I don’t approve of traditional compliance education. So, I decided to create my very own FinTech compliance certific...

149 - Is Apple Hostile to Crypto? from 2023-07-31T01:00

Unfortunately, Apple’s policies around cryptocurrencies, in-app purchases, and NFTs have negative implications for many FinTechs. Tune in today to hear an overview of those policies, e...

148 - Will the DAO Add Value to the Token? from 2023-07-24T01:00

If you are considering creating a decentralized autonomous organization (DAO), listen to this episode first! In it, I debunk some common misconceptions about decentralized autonomous o...

147 - Rise of the Business-Like CCO Part 3: Compliance Organization from 2023-07-10T01:00

“Your business will grow to the level of problems you are willing to handle,” so if you want your business to thrive, start getting comfortable with solving bigger and more complex pro...

146 - Rise of the Business-Like CCO Part 2: Results Over Effort from 2023-07-03T01:00

Welcome to Part 2 of the Rise of the Business-Like CCO, a free video training from June 2023. This video training is broken up into three different sessions and today’s podcast episode...

145 - Rise of the Business-Like CCO Part 1: Biggest Mistakes of Compliance Professionals from 2023-06-26T01:00

This episode is a unique experience as it is a replay of a free video training where we discussed the rise of the business-like CCO. This video training is broken up into three differe...

144 - Compliance Problems: Binance and Coinbase vs. SEC from 2023-06-19T01:00

Today’s episode is inspired by the recent SEC conflicts with Binance and Coinbase. After taking a few days to think things over, I have some conclusions to share. 

Lis...

143 - How FinTechs Make Money from 2023-06-12T01:00

FinTechs have multiple options for revenue generation, and in this episode, I am going to discuss some of the most common and easily understood revenue sources as well as some of the m...

142 - Consumer Protection Becomes Counterproductive But Many Regulators Fail to Notice This Trend from 2023-06-05T01:00

Consumer protection, especially in recent years and especially in Europe and the western world, has become counterproductive. 

Some regulators believe that we don’t ne...

141 - Why Founders and CEOs Sometimes Micromanage Compliance from 2023-05-29T01:00

The tendency to micromanage compliance is rife in the FinTech world. In this episode, I discuss the various reasons why this is the case and offer some advice on how to deal with a mic...

140 - What’s Next for Crypto Regulations? from 2023-05-22T01:00

When it comes to crypto regulations, uncertainties are rife. In this episode, I share my thoughts on what the future of crypto regulations is likely to look like based on what I have n...

139 - How to react when your FinTech is in crisis from 2023-05-15T01:00

As a FinTech startup founder, it is almost guaranteed that you will experience some form of crisis at some point in your journey in the industry. And more likely ...

138 - Compliance Lessons from Amazon, PayPal and David Deutsch from 2023-05-08T01:00

I recently read The Beginning of Infinity, a book which had a profound impa...

137 - Just in Time versus Just In Case Compliance from 2023-05-01T01:00

There are common misconceptions around FinTech compliance, and if you take the old-fashioned approach, you could end up really hurting your business. After listen...

136 - Responding to Google and Apple App Stores from 2023-04-24T01:00

To get your app onto Google and Apple App Stores, you will need to go through a review process. In this episode, I explain how to respond to some of the most common compliance question...

135 - Where AI and ChatGPT Replace Compliance (and What Should Remain With Humans) from 2023-04-17T01:00

ChatGPT has had a big impact on many industries worldwide because of its ability to accelerate and simplify processes. Although some people are worried about the job losses that applic...

134 - Two Fundamentally Different Regulatory Approaches: PSD2/AMLD5/Singapore PSA vs FATCA from 2023-04-10T01:00

In the world of compliance, there are two main regulatory approaches: how to do things regulations and how to report things regulations. Depending on the regulation type, the complianc...

133 - How I Use Spirituality In Business from 2023-04-03T01:00

If you’ve realized that a completely rational, pragmatic approach doesn’t always work for you in business, you’ll be very happy to know there is another way. In this episode, I share s...

132 - Fit and Proper Interviews with Regulators from 2023-03-27T01:00

If you’ve been asked to attend an interview with a regulator, don’t panic! In this episode, I share my advice on how to approach these interviews and the types of questions to expect. ...

131 - FinTech Cofounders: When Friendship Becomes A Problem from 2023-03-20T02:00

Starting a business with a friend sounds like a good idea in theory, but in reality, it’s often a different (much more challenging) story. Tune in today to hear about the common issues...

130 - What Happens When Your Startup Fails? Lessons from Interviews with People Who Lost Their Jobs In Crypto from 2023-03-13T02:00

After speaking to many people who have lost their jobs due to FinTech company failures, I was motivated to create the Compliance Collective to help people in that position understand t...

129 - US Crusade Against Staking and Stablecoins from 2023-03-06T02:00

In this episode, I share my analysis of why US regulators have recently gone on a crusade of enforcement in the crypto space, using Kraken, Paxos, and Binance as the prime examples to ...

128 - I asked ChatGPT about why CBDCs will fail from 2023-02-27T14:36

Have you used ChatGPT? I was interested to know what it would give me back regarding CBDCs and why they’re unlikely to be implemented on a large scale. Tune in today to hear the assess...

127 - A Fresh Look at Luxembourg, Lichtenstein, Ireland, and Lithuania from 2023-02-20T02:00

In this episode, I explore some advantages and disadvantages of establishing a startup in the FinTech hubs of Luxembourg, Lichtenstein, Ireland, and Lithuania. A perfect environment do...

126 - Queen’s Gambit as a FinTech Strategy from 2023-02-13T16:56

Many times projects are delayed due to an excessive amount of initial research and an unwillingness to take action. I’ve found that this is most often due to FinTech managers bringing ...

125 - Is There A Perfect FinTech Home? from 2023-02-06T02:00

While there is no region that won’t present at least some challenges to FinTech leaders, there are several factors that are likely to predict the success or failu...

124 - I Disagree with Davos People - Now Is Finally the Time to be Positive from 2023-01-30T02:00

Around this time last year, I was feeling pessimistic about the state of the world (just like the people at Davos). However, I now believe there are many reasons ...

123 - The REAL Reason Why Coinbase Was Fined from 2023-01-23T10:50

The New York State Department of Financial Services recently fined Coinbase, and since then, there have been harsh (and in my opinion, false) accusations made aga...

122 - Hiring People Before You Need Them Is A Terrible Idea from 2023-01-16T02:00

Oftentimes, when FinTech startups receive funding, they spend a lot of it on hiring new employees. During this episode, I explain the numerous negative consequenc...

121 - The Real Reasons Why FinTechs Have So Many Unfinished Projects and Abandoned Ideas from 2023-01-09T02:00

Most FinTech startups believe that the reason for their many unfinished projects is that they have too many ideas and too little time and resources to get them al...

120 - Project Management Lessons from Elon Musk at Twitter from 2023-01-06T02:00

There is no better time than right now to look deeply at how to design and test projects, make faster decisions, reduce team conflicts, and keep costs low. So, to...

119 - How I discovered Just in Time Method working at PayPal from 2023-01-04T02:00

In the last episode, I discussed the just-in-time method and how that is more effective than reactive firefighting, and I am now following up on that, talking abo...

118 - Stop testing your FinTech products unless you test your decisions first. Or why bottom-up project plans lead to over-spending from 2023-01-02T02:00

I wanted, for the first episode of 2023, to talk about why FinTech companies should be testing their decisions before testing their products. I walk you through t...

117 - Lessons of 2022 from 2022-12-26T02:00

For the last episode of the year, I wanted to reflect on what has been a challenging year (to say the least) but one filled with valuable lessons. I hope that you...

116 - When Compliance Must Be Humble from 2022-12-19T02:00

The purpose of a business is to serve customers and make money. So, doing something at the expense of the overall company’s success because it is the “right” thin...

115 - Proof of Reserves and Future of VASPs post-FTX from 2022-12-12T02:00

In the aftermath of the crash of FTX, many crypto exchanges have announced their readiness to publish their proof of reserves data with the aim of reassuring cust...

114 - They Lie To Us! from 2022-12-05T02:00

Professional education and certification programs promise to teach us valuable skills for the FinTech industry, but they a...

113 - Boomers’ Mentality Can Paralyze Your Compliance Team (Even When They Are Millennials) from 2022-11-28T02:00

Is your team suffering from Boomers’ Syndrome? If the answer is yes, you are not alone! Tune in today to hear why the traditional approach to compliance is so pro...

112 - Impact Mentorship - You Don’t Need Planning to Be Successful from 2022-11-21T02:00

Sign up for the Impact Mentorship program here! 

Listen

107 - What Wirecard and Many Other FinTechs Have In Common from 2022-10-17T01:00

When I interacted with Wirecard a few years ago, I had mixed feelings about them. In some ways, Wirecard is very similar to most other FinTechs, but their fraudul...

104 - When Compliance Templates Don't Work from 2022-09-26T01:00

Compliance templates can be hugely beneficial, but they can also cause a lot of confusion if you don’t know how or when to use them. If you’ve ever wondered about...

102 - Why Sanctions Against Tornado Cash Are Counter-Productive from 2022-09-12T01:00

The Tornado Cash sanctions are unusual, unclear, and in my opinion, a perfect example of how modern politicians weaponize financial services and technical infrast...

073 - Crisis in FinTech from 2022-02-21T02:00:36

As a FinTech startup founder, it is almost guaranteed that you will experience some form of crisis at some point in your journey in the industry. And more likely ...

072 - Crypto Checkout for E-commerce from 2022-02-14T02:00:04

This episode is for anyone who is wondering whether they should be offering a crypto denominated checkout option on their online store. In today’s episode I’m going ...

071 - FinTech License Pre-Application Stage: What Does It Mean? from 2022-02-07T02:00

You may not know this, but before you can apply for a FinTech license, you need to go through the pre-application stage. This stage can feel like a time-waster, b...

070 - Why Manual Reviews are Time Bombs from 2022-01-31T02:00

Despite the fact that many people within organizations believe that doing more manual reviews is the magic bullet that will make their compliance team more effici...

069 - Are Token Sales Still Happening? from 2022-01-24T02:00

Although many things have changed in the token industry over the past few years, token sales are still happening, they are still beneficial, and they definitely h...

068 - Compliance Problems You Cannot Google from 2022-01-17T02:00

It’s not always easy to know where the root cause of the problems in your organization lies. In today’s episode I’m going to give you some examples of common issu...

067 - Why Fit and Proper Assessment Matters from 2022-01-10T02:00

There are a number of different factors to consider prior to undergoing a ‘fit and proper’ assessment, and although there is no one-size-fits-all approach, in tod...

066 - Why I don't believe in DAOs from 2022-01-03T02:00

What’s on the horizon for FinTech and Crypto in 2022?  

Hello friends and Happy New Year 2022. Listen

065 - FinTech and Crypto Outlook for 2022 from 2021-12-27T02:00

What’s on the horizon for FinTech and Crypto in 2022?  

In today’s episode, I wanted to discuss the trends I see com...

064 - Why FinTech Could Service Gaming Industry from 2021-12-20T02:00

Gaming is an industry that is growing super fast.  Half of the world’s population are gamers in some capacity.  And, gaming is super profitable.  

<...

064 - Why FinTech Could Service Gaming Industry from 2021-12-20T02:00

Gaming is an industry that is growing super fast.  Half of the world’s population are gamers in some capacity.  And, gaming is super profitable.  

<...

063 - Risk - Taking Lessons for FinTech from Physics Theory from 2021-12-13T02:00

I recently read The Beginning of Infinity, a book which had a profound impa...

062 - FinTech CEO Guide to Fast Track Compliance from 2021-12-06T02:00

There are common misconceptions around FinTech compliance, and if you take the old-fashioned approach, you could end up really hurting your business. After listen...

061 - Welcome to the NFT Bubble from 2021-11-29T02:00

In this episode Yana shares with you her recent research around NFTs, their regulatory framework and how they are currently offered and traded.  You can also find...

060 - Why Many Referral Programs Fail and How to Stop Bounty Hunters from 2021-11-22T02:00

Unfortunately, the vast majority of referral programs established by Fintech and crypto start ups are poorly structured. This leaves them open to being exploited ...

059 - When I Declined Projects and Why from 2021-11-15T02:00

Because of the type of service I offer, I have an ideal client base. Sometimes that means saying no to certain requests, and in today’s episode I am going to shar...

058 - Which Tokens To Offer Your Customers When You Are Just Getting Started With Crypto from 2021-11-08T02:00

This is a short and sweet episode about the reasons that the vast majority of retail public investors want to buy and sell cryptocurrencies, and the tokens that y...

057 - Compliance vs Sales from 2021-11-01T02:00

In today’s episode I am going to take you on a journey into the realms of compliance and sales. Although there are some obvious differences between the two, there...

056 - New US Crypto Bill from 2021-10-25T01:00

It is my opinion, and the opinion of many experts who have been working in the space for a long time, that the new US Crypto bill is flawed in many ways. The bill...

055 - International Sanctions Basics from 2021-10-18T01:00

Most people are aware of the seriousness of sanctions but don’t properly understand the nuances or the mechanics behind them, which leads to the formulation of a ...

054 - How Compliance Makes Up Problems from 2021-10-11T01:00

There are hundreds of cases in the field of compliance where people create problems for themselves, when, in reality, those problems do not exist! In today’s epis...

053 - How Taking Risks May Be the Most Efficient Way to Build a FinTech Unicorn from 2021-10-04T01:00

Despite so many financial industry veterans being anti-risk, in today’s episode I’m going to explain why I think this is not a good approach, and I share with you...

052 - Why I Do What I Do from 2021-09-27T01:00

Today marks one year of me bringing you Compliance That Makes Sense! In today’s episode I share what inspired me to begin this podcast, and what has motivated me ...

051 - Moving to DeFi to Avoid Regulations Will Not Work from 2021-09-20T01:00

For those who don’t know, DeFi is a set of technical solutions that do not have an identifiable person or body behind the service. Today’s episode was triggered b...

50 - Window Dressing Versus Undocumented Growth in FinTech from 2021-09-13T01:00

So many FinTech start-ups struggle with compliance, and I have had many people ask me how they can get their compliance in order. I have dedicated today’s episode...

49 - What Should Be the Role of the CEO in Compliance Decisions? from 2021-09-06T01:00

Through my years of experience working with FinTech start-ups, I have noticed that many CEOs have a strange relationship with compliance. Often, CEOs don’t know w...

48 - Why Hiring Big 4 to Support Your License Application is a Bad Idea from 2021-08-30T01:00

The well-established nature and high price points of large consulting firms have led to the common assumption that they are the best choice for FinTech companies ...

47 - Most FinTech Founders Hate Playing Bad Cops Against Compliance from 2021-08-23T01:00

Most founders would rather be seen as an inspirational, positive figure in their organization, and not as the person who has to constantly push back against their...

46 - Why Most Banks Will Not Hold Crypto Assets Any Time Soon from 2021-08-16T01:00

The pan-governmental regulatory body, The Basel Committee, recently released a draft document which contains a proposal that is sure to change the cryptocurrency ...

45 - Why CAMS certification will keep you stuck from 2021-08-09T01:00

Over the past few years, there has been an increase in the amount of money that companies are spending on compliance, but this is not having its desired effect; t...

44 - Why FinTech license applications may get rejected from 2021-08-02T01:00