DFPI examines whether some payment services are exempt from MTA
The California Department of Financial Protection and Innovation recently released a new opinion letter covering aspects of the Money Transmission Act.
Iowa modernizes money transmission provisions
The Uniform Money Transmission Modernization Act is designed to harmonize the licensing and regulation of money transmitters with other states.
Arizona amends licensing provisions
Changes related to the Department of Insurance and Financial Institutions include the length of time a license remains active and licensure renewal requirements.