Collaboration between financial firms and financial technology companies make it easy and convenient for customers to access myriads of financial products and services including payments processing. As the industry grows, so are the regulatory measures and oversight. Financial Technology companies are now required to have compliance and risk programs in place to satisfy their banking partners, investors, state, and federal regulatory agencies. From mobile wallets, to peer-to-peer payments, to tokenization and encryption, to blockchain; Gilbert Reese understands how regulators view the new financial tools.
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