CSBS Seeks to Streamline State Regulation

Payments
CSBS Seeks to Streamline State Regulation
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CSBS Seeks to Streamline State Regulation
There may well come a day when money transmitter laws are consistent across state lines. Baby steps in that direction, however, underline the complicated work that lies ahead if such a dream is to become reality.

The Conference of State Bank Supervisors recently announced its plans to move toward a consistent framework for regulating non-bank entities, including financial technology companies – a plan it called its Vision 2020 initiative.

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