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Master C. May 20, 2024
Community Announcement
Last active in the past 7 days
Last active in the past 7 days
We are happy to announce our newest Community Partner in the USA - Elena Aono .

Yelena is taking the lead as our Community Partner in the Miami / Fort Lauderdale area. Prior to her move to Miami, Yelena was our Community Partner and advisor in the United Kingdom, helping us build our brand and community from a handful of members to over 400.

More importantly, over the past few years the South Florida area has become a hotbed for financial services and crypto innovation. Having an ambassador that has the financial services and fintech experience along with community building skills will allow FinTech Connector to attract top-quality enablers and innovators to our platform.

Yelena had this to say, "As a long-time advocate for financial technology, I am privileged to continue leading the FinTech Connector initiative now on US soil as a Miami Community Partner. From its early days, I've witnessed FinTech Connector's transformation into a pivotal hub for global fintech innovation. I am excited to bring my expertise in fund management and system integration to further empower fintech professionals and entrepreneurs through our network. Together, we'll continue to enhance the financial services landscape for businesses and consumers alike."

Angel Lorente, Founder and CEO of FinTech Connector, commented, “Yelena is one of our biggest and most vocal ambassadors. She was part of the familia since 2018, and I've had the honor to call her a friend, advisor, and partner since the early days. More importantly, she is always willing to travel around the world to be part of the FinTech Connector events, bringing with her lots of energy, excitement, and experience. I am so happy to have her lead the effort in the Miami / South Florida area after many years building out our UK community.”

Let's welcome and wish Yelena much success!
 
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Viktoria S. May 20, 2024
Knowledge Share
Last active over 7 days
Last active over 7 days
Use a Payment Expert to Save Time and Money on Obvious Mistakes
Engaging a payment expert can save your company both time and money by avoiding costly mistakes. In thebanking and payments industry, experience is crucial. If someone with less than five years of intensive banking and payment experience is searching for a new payment provider, your company is at risk. This industry is fiercely competitive, and knowing who to trust is essential.
I've witnessed companies suffer significant losses by trying to cut costs in the short term and not involving professionals when evaluating payment and banking providers. Even with careful due diligence, this industry relies heavily on insider knowledge and trust. Involving a seasoned payment expert when setting up a new payment process is a modest investment compared to the potential costs of not having one if things go wrong.
A payment expert's deep understanding of the industry can help you make informed decisions, reducing risks and ensuring smooth operations. Their insights and connections can provide invaluable support, helping you to avoid pitfalls and advise you about the payments and banking efficiently.

To read more: https://www.linkedin.com/pulse/why-hiring-full-time-head-payment-might-expensive-mistake-soltesz-q3abf/?trackingId=1f5hQNQkRX6AmcIukVjS6Q%3D%3D

Why hiring a full-time Head of Payment might be an expensive mistake

Being cost effective but still getting the top talent is a hard challenge for every company. While the obvious choice might be to hire a full-time ...

 
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Viktoria S. May 16, 2024
Knowledge Share
Last active over 7 days
Last active over 7 days
What is Regulatory Arbitrage? And why do you need to know about it?

Just because something is legally sound doesn't mean you'll be able to find a reliable and cost-effective banking solution to support it. It's essential to understand banking and payments in order determine the best structure for your company. Exploiting different countries' tax rules seemed abstract but is common.

Online businesses can easily move operations abroad to reduce tax burdens, often leaving larger economies struggling with fairness. Regulatory arbitrage involves taking advantage of gaps between legal rules across nations. The internet made businesses borderless, letting entrepreneurs choose the best locations.

Banks are cautious with offshore companies, considering legal and ethical factors. Companies must ensure their banking partners align with their business model and needs, balancing favorable locations with securing supportive banks.

To read more about the issue: https://www.linkedin.com/pulse/understanding-regulatory-arbitrage-viktoria-soltesz-27x7f

Understanding Regulatory Arbitrage

I remember when I first heard "regulatory arbitrage." I knew about arbitrage but I never thought that this expression can be also used in compliance.

 
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