The Money Transmission Modernization Act

Simply Stated - All Things Finance

Simply Stated - All Things Finance
The Money Transmission Modernization Act
May 10, 2023 Season 2023 Episode 4
Conference of State Bank Supervisors (CSBS)

The Model Money Transmission Modernization Act, also known as the Money Transmitter Model Law, is a single set of nationwide standards and requirements created by industry and state experts. We speak with two CSBS experts on money transmission to learn how this model law came to be, what it accomplishes and how it's being implemented nationwide.

Guests
Matt Lambert -
Deputy General Counsel, Policy, CSBS
Camille Polson - Manager, Policy Development, CSBS