Webinar
Going Beyond Banking: Trusting a Money Services Business for Global Payment Solutions
How money services businesses approach compliance, and why they can be a secure alternative to traditional banks for global payments.
Recorded May 14, 2024
Speakers
- Justin JenterChief Compliance Officer, Monex USA
- Kathryn TomasofskyExecutive Director, Money Services Business Association (MSBA)
- Simon MilesCommentator
Businesses increasingly prioritize secure currency transaction management, and choosing the right provider means balancing safety and expertise in every transaction. In this roundtable, Monex USA's Chief Compliance Officer, Justin Jenter, and the Executive Director of the Money Services Business Association (MSBA), Kathryn Tomasofsky, discuss how collective expertise strengthens compliance efforts and industry standards.
The video above is a short excerpt from the session. The full recording is available on LinkedIn.
Discussion topics
- Understanding MSBs' commitment to compliance: What a money services business (MSB) is, how MSBs differ from banks, and the recommended protocols to safeguard your business and transactions.
- Specialized expertise in currency payments: How an MSB's focus on currency transactions leads to greater efficiency and precision than the broader services of traditional providers.
- Debunking the safety myth: Challenging the belief that banks offer the ultimate safety for currency transactions, and the comparable security measures and safeguards modern MSBs use.