Presentation
The State of Regulated Money Transmission
Read Time: 1 minMember Amy Greenwood-Field (Washington, DC) will join a panel presentation, “The State of Regulated Money Transmission,” at the Conference of State Bank Supervisors on May 5, 2024, in Washington, DC. Panelists will assess the current environment of Regulated Money Transmission. This comprehensive discussion will discuss the Money Transmission Model Act (MTMA), available uniform exemptions, and how states are increasing review and oversight of previously less regulated products such as Earned Wage Access and Virtual Currency. Don’t miss this discussion to learn to navigate this still-challenging environment. The good news is there is harmonization coming and there are tools to be aware of as you enter the world of state licensing.