Money Services Businesses (MSBs) operate in a highly regulated environment, facing all the core BSA/AML compliance requirements of traditional financial institutions—plus unique operational challenges of their own. With transitory customer relationships, limited opportunities for in-depth KYC data collection, and high-demand services like money orders, check cashing, currency exchange, and money transfers, MSBs face heightened exposure to fraud, money laundering, and other financial crimes.
Our team specializes in helping MSBs design and maintain robust, risk-based compliance programs that are practical, efficient, and scalable. We understand the operational realities of running an MSB and tailor our services to fit your workflows without disrupting your customer experience. Our solutions include independent BSA/AML audits, risk assessments, KYC/CIP process optimization, OFAC screening, suspicious activity monitoring, and staff training programs—all customized to address the unique compliance risks faced by MSBs.
With the right compliance framework in place, your MSB can meet regulatory requirements, detect and prevent illicit activity, and build customer trust—while continuing to offer the fast, convenient services your clients expect.
