Webinar - Managing Risk: What Your Banks Want You to Know

When deciding to do business with a Money Services Business (MSB) or a Non-banking Financial Institution (NBFI), banks have to be extremely careful in the current legal and regulatory landscape, as they must take proper precautions against the risk of money laundering and other illegal financial activities using their accounts. 

Join experts from Bates Group, Circle, Cross River, and Veritex Community Bank as we dive into: 

• Bank partner expectations 
• Red flags your bank looks for 
• Market developments 
• And much more, including Q&A session! 

Date: June 20, 2023

Time: 12:00 - 1:00 p.m. ET

Register for this Zoom Webinar

Brandi Reynolds, CAMS-Audit, CCI, CCCE (Host)

Managing Director, MSB, FinTech & Virtual Assets Practice Leader - Bates Group

Bates Managing Director Brandi Reynolds has nearly 20 years’ experience in the financial services industry that includes over eleven years serving as in-house Deputy Chief Compliance Officer. Brandi has received both the Certified Anti-Money Laundering Specialist (CAMS) and Certified Anti-Money Laundering Specialist- Audit (CAMS-Audit) certifications. Since 2015, Brandi has served as outsourced Chief Compliance Officer to a variety of financial institutions. Ms. Reynolds is often sought for her extensive experience in cryptocurrency compliance. She has delivered efficient and effective solutions in areas of compliance program development, compliance monitoring and testing, and training. Her background includes a combination of both anti-money laundering as well as consumer protection compliance.

Mandeep Walia

Chief Compliance & Risk Officer - Circle

Mandeep leads Circle’s compliance and risk management globally. Mandeep has played senior leadership roles driving global compliance and enterprise risk at financial services/fintech companies such as PayPal, LendUp, State Street, and most recently, was the Chief Compliance Officer/Head of Enterprise Risk at Novi — Facebook’s digital wallet business.

Keith Vander Leest

Head of Payments - Cross River

Keith Vander Leest leads the Payments team at Cross River. Payments at Cross River consists of our ACH, RTP, Wires, Push to Card, and Acquiring products offered through our APIs on our bank core COS. Keith joined Cross River in 2020 as Head of Channels. Prior to Cross River Keith was at American Express holding roles on both their issuing and acquiring businesses. Prior to American Express Keith was at First Data. Keith holds a MBA from Purdue University and a Bachelor of Science in Engineering from Calvin University.

Andy Salemi

Executive Vice President & Director of Specialty Finance - Veritex Community Bank

Andy has over 20 years of experience in financial services. He specializes and leads a team at Veritex Bank that helps companies in highly regulated industries grow and prepare for the ever-changing financial landscape. He has help everything from startups to publicly traded firms manage their debit issuance, AML programs, payment and receivable efficiencies: Money transmitters • FinTech • Check cashiers • Currency exchange • International payments (Fx) • Wallet / card issuers / stored value cards • BIN sponsorship • Broker dealers • Nonbank financial institutions (lenders) • Third party service providers • E2 / EB5 • Gaming • Pawn shops • Collections industry. Andy received his Bachelors of Science from DePaul University, Chicago and has his Certified Treasury Professional (CTP) Certification.

John Ashley, CIPP/US, CCRS, CRCMP (Moderator)

Managing Consultant - Bates Group

John Ashley is a Bates Managing Consultant who has over seven years of experience in financial regulatory compliance with startups WorldRemit Corp. and Etana Custody. He specializes in establishing and maintaining robust and productive working relationships with U.S. financial regulators both during license application, and license maintenance. John has experience in compliance program, policy, and procedure development; product compliance; regulatory analysis; and consumer protection programs. In addition, John has experience in the cryptocurrency space, including development of KYC and transaction monitoring programs and procedures specific to cryptocurrency risk. He also specializes in U.S. data privacy compliance and holds a CIPP/US certification from the International Association of Privacy Professionals.

Bates Group is a leading financial services consulting firm, providing end-to-end solutions on compliance and legal matters. Our MSB and FinTech Team offers customized solutions to meet your compliance, licensing, training, and banking needs. From traditional banks to crypto startups, our experienced professionals can guide you through your regulatory challenges.