What are US money transmitters doing to survive de-risking? How are they going about getting banking or surviving without banking? Any improvisations?

Those with money transmitter licenses will survive the derisking, but not on their terms. The entire derisking exercise is becoming more costly and is forcing more expensive access to banking for those that have a license and need to continue with banking. It is also trimming the edges. That means weak or smaller players are throwing in […]

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