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Are You Accidentally Acting as a Money Transmitter in the U.S.?

October 28, 2025

Serious question for anyone running payment facilitation, treasury operations, or cross-border settlements for clients in LATAM or the U.S.

I keep seeing the same operational pattern over and over again — and it’s riskier than most founders realize:

The Typical “Treasury / Facilitation” Setup

  1. You receive money from Client A into your company account (LLC, Corp, etc.).

  2. You hold those funds “for them.”

  3. You pay Supplier B or Contractor C on A’s instructions.

  4. You charge a fee for handling it — FX, payout, settlement, treasury, whatever you call it.

Or some variation of:

  • “We collect in the U.S. and send you the money locally.”

  • “We handle your payroll in crypto/USDT and cash people out.”

  • “We invoice through our Wyoming entity and distribute funds for you.”

The Part Nobody Mentions

In the United States, that activity is very often classified as money transmission.
Which means: you’re operating as a Money Services Business (MSB) — under federal FinCEN regulations and state-level money transmitter laws.

And it doesn’t matter what label you use:

“Back office,” “billing service,” “FX admin,” “consulting fee,” “settlement support” — none of that changes the regulatory view.

If you:

  • hold or pool client funds,

  • move money between third parties,

  • process payouts on others’ behalf, or

  • intermediate fiat ↔ crypto flows,

then in the eyes of U.S.…

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CBD, payment

Link Balance Payment – Cannabidiol Oil (CBD Oil) Market Investment Analysis: Key Factors Shaping Growth

May 14, 2025

Link Balance Payment – Cannabidiol Oil (CBD Oil) Market Overview: Trends, Growth Drivers, and Future Outlook

The Link Balance Payment–Cannabidiol Oil (CBD Oil) market was valued at USD 12.07 billion in 2025 and is anticipated to reach USD 22.02 billion by 2032, registering a compound annual growth rate (CAGR) of 10.54% from 2025 to 2032.

This growth trajectory reflects Europe’s strong focus on innovation, regulatory compliance, and sustainable development. Driven by rising demand across diverse sectors and the integration of advanced technologies, the Link Balance Payment–Cannabidiol Oil (CBD Oil) market is set for steady expansion in the coming years.

Link Balance Payment–Cannabidiol Oil (CBD Oil) Market Size By Type, Application, Geographic Scope, and Forecast

The Link Balance Payment–Cannabidiol Oil (CBD Oil) market is positioned for significant growth, driven by technological progress, evolving consumer preferences, and increasing adoption across industries.

focus on sustainability. Market division by kind and application discloses a solid need throughout markets such as auto,

building, and drugs, each leveraging Link Balance Payment-Cannabidiol Oil(CBD Oil)items to improve efficiency and satisfy governing needs. In regards to geographical reach, nations like the UK, Germany, and France are anticipated to lead market development, many thanks to solid commercial bases and enhancing financial investments in development.

…
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Build or Buy: Should Your Fintech Develop Its Core Banking System In-House?

April 24, 2025
As a fintech, one of the biggest strategic decisions you’ll face is whether to build your own Core Banking System (CBS) or opt for a third-party solution. This decision has long-term implications for control, scalability, and compliance. In this article, we’ll explore the pros and cons of both approaches to help you make an informed decision.

The Core Banking Market: A Growing but Consolidating Space

The global CBS market is booming, expected to reach $62 billion by 2032 with an annual growth rate of 17%. This trend is driven by traditional banks looking to launch fast, standalone digital brands — like Raiffeisen Bank International AG, which launched a digital bank in Poland, independent from its legacy systems.

In France, the culture still leans towards in-house development. Players like Spendesk or Blank only outsource the payment component (via Numeral), while Lydia and Qonto have chosen to build everything internally.

Building Your CBS In-House

✅ Advantages

  • Total control: Full customization according to your product and regulatory needs, with internal teams fully aligned to your strategy.
  • Vendor independence: No reliance on external roadmaps or feature delivery timelines.
  • Tech agnosticism: Freedom to choose partners (e.g., card issuers, partner banks) independently.

❌ Drawbacks

  • High upfront costs: Building a dedicated team or legal entity can cost between €2M and €15M in the first year.
…
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Merchant Accounts for Porn AI

November 10, 2024

Opening a merchant account for pornographic AI websites can be challenging due to several factors:

  1. High-Risk Classification: Adult content is often classified as high-risk by payment processors. This can lead to higher fees, more stringent requirements, and potential difficulty in finding willing partners.
  2. Regulatory Compliance: Merchant services must comply with various laws and regulations relating to adult content, such as age verification and content restriction laws, which can complicate the application process.
  3. Chargeback Risk: Adult websites might experience higher chargeback rates, which payment processors often view as a risk. Chargebacks can arise from unhappy customers or fraudulent transactions.
  4. Reputation Risk: Many banks and payment processors prefer not to be associated with adult content to protect their reputations, resulting in fewer providers willing to work with these types of businesses.
  5. Documentation Requirements: Payment processors may require extensive documentation to verify the legitimacy of the business, such as proof of identity, business licenses, and detailed business models.
  6. Limited Options: Not all payment processors are willing to handle adult businesses, which can limit options and make it difficult to find a suitable provider.

To improve the chances of obtaining a merchant account, businesses can consider:

  • Establishing strong compliance protocols to meet regulatory requirements.
…
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