"Not my job man!" seems to be the thought...
The creation of a Suspicious Activity Report (SARs), even when you are not required to report them, are critical to help learn from bad actor behavior and prevent future threats to our industry and your business!
In today’s fintech environment depending on how you are connecting to your partner in the delivery of your service you have varying degrees of compliance rigger and structure that is required to call yourself a Fintech.
Most Fintech CEOs & Founders take the lowest cost approach to compliance when there are many best practices that you could be doing with little or no cost to you but could greatly improve and protect our industry and your business.
The protection of this industry is all of our responsibility!