This ACAMS webinar provided a critical briefing for MSBs of all sizes. Be prepared for what’s on the horizon in the coming year and participate in a look-back of the MoneyGram deferred prosecution agreement (DPA) for its failure to maintain an effective AML program. Hear seasoned speakers in the money remittance industry break down the…
ACAMS Webinar – MSB AML Compliance Briefing: Preparing for 2013
By jay | Published February 20th, 2013International Money Transmitters Conference – Miami 2012
By jay | Published October 26th, 2012MSB Compliance Inc. participated as a Bronze Sponsor at the International Money Transmitters Conference held October 23 – 26, 2012 at the Bonaventure Hotel and Conference Center in Weston, Florida. Attending the various conference sessions and manning the trade show booth were Jay Postma, CAMS, President, Fernanda Medina, CAMS, BSA/AML Compliance Specialist, and Natalia Beinenson,…
Financial Service Centers of America (FiSCA) 2012 Annual Conference
By jay | Published October 7th, 2012MSB Compliance Inc. attended and exhibited at the Financial Service Centers of America (FiSCA) 2012 Annual Conference held October 5 – 7, 2012 at the Hyatt Regency Chicago on the River Walk, Chicago, Illinois. Participating in the events and manning the trade show booth were Jay Postma, CAMS, President, and Fernanda Medina, CAMS, BSA/AML Compliance…
Money Transmitter Regulators Association Annual Conference, Seattle, WA
By jay | Published October 4th, 2012Jay Postma, CAMS, President of MSB Compliance Inc. attended the Money Transmitter Regulators Association annual conference held in Seattle, Washington from October 1 – 4, 2012.
Western Union 2012 Consumer Protection & Compliance Conference
By jay | Published September 18th, 2012Mr. Postma presented during two breakout sessions at Western Union’s 2012 Consumer Protection & Compliance Conference on “Banking MSBs as the Regulatory Landscape Changes – Bank’s DD on MSBs”. Participants learned to recognize, better understand and more fully appreciate a bank’s needs and concerns when servicing money services businesses. Discussion covered constructive avenues of communication…
MSB Georgia Association annual conference
By jay | Published August 23rd, 2012At the annual meeting of the MSBGA Association, Mr. Jay Postma, President of MSB Compliance Inc. presented on “Managing Bank Compliance Relationships.” The presentation focused on helping MSBs better understand the potential risks faced by banks servicing MSBs, appreciate the mitigation decisions of their banks, and how to take initiative in better partnering with their…
2012 NBPCA Annual Congress – The Power of Prepaid
By jay | Published June 5th, 2012MSB Compliance Inc. was pleased to attend and exhibit at the Network Branded Prepaid Card Association’s (NBPCA) innaugural Annual Congress – The Power of PrepaidTM. From the conference website: The 2012 NBPCA Annual Congress is the only major industry event that has been developed “by the industry, for the industry.” Whether you are a member of…
International Money Transmitters Conference – West 2012
By jay | Published May 31st, 2012During the Compliance Seminar series of the International Money Transmitters Conference West 2012 conference held in Los Angeles, Jay Postma, CAMS, President and Fernanda Medina, CAMS, BSA/AML Compliance Specialist presented. Mr. Postma presented on Managing Bank Compliance Relationships which focused on helping participants to better recognize and understand a bank’s needs and concerns when servicing…
Community Bankers Association of Georgia – BSA Officers School
By jay | Published May 17th, 2012Jay Postma, CAMS, President of MSB Compliance presented at the Community Bankers Association of Georgia’s BSA Officer’s School. Mr. Postma presented on “Understanding Money Services Businesses & Common Issues Found During Examination.” Participants learned many of the reasons why banked, underbanked and unbanked persons choose to use various transactional financial services provided by money services…
ACAMS Webinar – MSB Risk Management, Compliance and Money Laundering Challenges in 2012
By jay | Published May 9th, 2012This ACAMS web seminar focused on the regulatory fundamentals for MSBs: what is your exposure to enforcement action and how do you fortify your institution’s AML program? Participants listened and asked questions as presenters reviewed the specific BSA Regulations, section by section. Attendees learned the definition of a money services business; the requirements to have…