Banking as a Service is, much like other "as a service" offerings, a faster and less cumbersome process of starting your own bank with the least amount of effort or infrastructure. Starling Bank, a digital bank based in the UK, has started offering this as an easy way for startups to get started in the … Continue reading Banking as a Service – Potential Alternative to Conventional Banking?
Picture this scenario: You turn 18, and are eager to get a driver’s license Well in order for that to happen, you go through driving school and then on the final day, you go and give your driver’s exam and you pass! Woot! Now with your license in one hand and money in another, you … Continue reading Why is it difficult to find MSB Friendly Banks?
Unclear and ambiguous regulatory laws have caused anguish to many a money service business as banks decline to provide services to them. Governments and law-making bodies need to be clear about the regulations they create so new and old businesses do not have to suffer. For example, when you have a regulation that depends on … Continue reading Banking Access for Money Service Business Banks on Clear Regulations
Very recently I made a YouTube video on How To Find It? (MSB Friendly Bank). https://www.youtube.com/watch?v=dScgvHCCtXc
MSB Friendly Bank Here is my updated list of MSB Friendly Banks that I know as of 23rd of March 2018. If you know of a bank to add to this, let me know. New additions are added in Blue. MSB Friendly Banks Europe Philippine National Bank (PNB) Europe Plc Raiffeisen Bank Intl Ag, Vienna, Austria … Continue reading MSB Friendly Banks – Updated 23rd March 2018
MSB Friendly Bank for Crypto? Are you in the market for an MSB friendly bank for your bitcoin or crypto related project? Well, it turns out, it is not so easy. Most banks today are not willing to bank cryptocurrency or bitcoin-related projects. All it fear, uncertainty or doubt, but they just are not. DO … Continue reading Bank Account for your Bitcoin or Crypto Business?
MSB Friendly Banks Here is my updated listed of MSB Friendly Banks as of 25th September 2017 that I am maintaining. If you know of a bank to add to this, let me know. New additions are added in Blue. MSB Friendly Banks Europe Philippine National Bank (PNB) Europe Plc Raiffeisen Bank Intl Ag, Vienna, … Continue reading MSB Friendly Banks – Updated 25th Sep. 2017
MSB Friendly Banks Here is my updated listed of MSB Friendly Banks that I was able to draw up for USA, Canada, and Europe. MSB Friendly Banks Europe Philippine National Bank (PNB) Europe Plc Raiffeisen Bank Intl Ag, Vienna, Austria AO Raiffeisen Bank, Moscow, Russia Raiffeisen Bank, Slovenia Bank Meinl, Vienna, Austria Baltikums Bank Ceska … Continue reading MSB Friendly Banks
Reports are coming in from various Money Services Business that two Canadian Banks have gone the derisking route and have closed down MSB/MTO related bank accounts. The two banks in question are: Buduchnist Credit Union http://www.buduchnist.com/ Vancity Saving Credit Union https://www.vancity.com/ It seems the prospect of losing access to banking in Canada is getting all … Continue reading Two more Canadian Banks go the Derisking Route.
I've just established a relationship with two new MSB Friendly Banks. One bank is in the United States whilst the other MSB Friendly Bank is in Europe. I will be posting an application on how to apply for an introduction to these banks in the coming days. I'm still trying to find MSB Friendly Banks … Continue reading MSB Friendly Banks