The article discusses the challenges faced by banks and fintech companies as they navigate regulatory uncertainties surrounding stablecoins and open finance, particularly in light of the new GENIUS Act. It highlights the gap between regulatory clarity and the realities on the ground, emphasizing the slow pace of rule-making and the varying experiences of state regulators. The piece reflects on historical precedents and the evolving landscape of fintech regulations in the U.S.

Modern Treasury has introduced its AI platform specifically designed for enterprise payments, enabling companies to transition from manual processes to intelligent, proactive workflows. The platform features a real-time AI agent that assists with operational queries, ensuring compliance and leveraging institutional knowledge to enhance payment management.

The payments industry faces ongoing challenges due to chaotic and fragmented data, complicating reconciliation processes. Emphasizing the need for clear data communication and intelligent systems, the article advocates for a foundational shift in how data is treated to meet growing regulatory demands and customer expectations. Kani, the author's company, aims to simplify this complexity and enhance finance operations through better data clarity.

Fintech poses significant challenges for Vertical SaaS Vendors (VSVs), with options to build, buy, or partner to launch financial products. Partnering with embedded fintech vendors is often the fastest route, while building a bank can enhance scalability despite its complexity. Understanding competitive advantages and customer needs is crucial for successfully navigating the fintech landscape.

Explore the intersection of fintech and artificial intelligence as it relates to compliance, highlighting key insights and trends affecting the financial technology landscape. The piece emphasizes the importance of staying informed through community engagement and newsletters.

Global spending on anti-money laundering (AML) systems is projected to hit $75 billion by 2030, driven primarily by banks, which will account for 64% of this expenditure. The increasing complexity of regulatory frameworks is leading firms to adopt AI-enhanced technologies to improve detection and reduce false positives in compliance processes.

The FBI is intensifying its investigation into various fintech companies, particularly focusing on allegations of fraud and regulatory violations. This expanded probe raises concerns about the overall compliance and operational practices within the rapidly evolving fintech sector, potentially impacting investor confidence and market stability.