Managing Your Money Service Businesses – Risk, Compliance & Set-Up

Compliance Operations Bank Secrecy Act (BSA)

On-Demand Webinar:

StreamedOct 16, 2026Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Not every money services business carries the same level of risk. Learn how to distinguish high risk from well-managed opportunity.

This webinar will equip financial institutions to confidently onboard and manage money services businesses by strengthening risk assessments, enhancing due diligence, and aligning compliance practices with regulatory expectations.

KEY WEBINAR TAKEAWAYS

How to use the new account interview to gather critical information
Risk rating your money services businesses — not all are the same
State statutes on check cashers and money transmitters
Compliance documents for setting up and monitoring these accounts

BONUS MATERIALS

MSBs handbook

WEBINAR DETAILS

Are MSBs high risk? Maybe. But not all MSBs are the same. During this program we will look at some of the differences between money services businesses and how to risk rate them. Learn the regulatory definitions and how they register with state and federal authorities. Review how we can use our Customer Identification Programs and Customer Due Diligence program to understand the business model of your money services business accountholders and how to mitigate risk for those we onboard.

WHO SHOULD ATTEND?

BSA/AML officers
BSA/AML staff
Deposit operations
Deposit compliance
Training

TAKE-AWAY TOOLKIT

Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.