Banking-as-a-Service and partner risk
BaaS products depend on regulated bank sponsors whose requirements, risk appetite, and operational decisions can determine whether and how the fintech product can operate.
Infrastructure
Embedded finance and commercial responsibility
Embedded finance products distribute commercial and compliance responsibility across multiple parties — and the allocation only works if the agreements reflect what actually happens.
Payments-as-a-Service and role allocation
PaaS platforms that enable clients to offer payment functionality need to define clearly whether the platform or the client bears the regulatory obligations that follow from the payment activity.
Supply chain finance and funds flow analysis
Supply chain finance platforms move funds in patterns that can engage MSB registration requirements depending on who holds money and how it flows between buyers, sellers, and capital providers.
Trade finance platforms and payment infrastructure
Trade finance platforms that layer fintech infrastructure onto documentary and structured trade payment flows face fund flow and MSB questions that traditional trade finance did not require.
Trade and fintech: where legal infrastructure starts to matter
Companies building at the intersection of trade, treasury, supply chain, and fintech payment infrastructure face legal questions that arise earlier than they expect.