Becoming an MSB
Introductory Quick Guiges and FAQs
Open source fintech legal information from Adam Atlas Attorneys at Law
Introductory Quick Guiges and FAQs
Open source fintech legal information from Adam Atlas Attorneys at Law
Notes on becoming a US money transmitter with state licenses.
Notes on becoming a US payment processor without state licenses.
Explainer on the difference between a money transmitter and a payment processor (AOTP).
BAAS case studies: DDA, FBO and card.
Model flows of funds:
ISO, Agent, Payfac, TPPS - help!
Notes on becoming a Canadian money transmitter or payment processor.
The above notes may be out of date and should not be construed as legal advice. The above notes are published by
Adam Atlas Attorneys at Law. Questions? atlas@adamatlas.com
Last updated March 27, 2025