Credit Card Companies, Rescheduling & Compliance | Safe Harbor | The Dales Report
Автор: The Dales Report
Загружено: 2023-12-11
Просмотров: 1910
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On today's episode of The Dales Report Exclusive, we had the pleasure of speaking with the CEO of Safe Harbor Financial (SHF), Sundie Seefried.
Shadd Dales, Anthony Varrell and Sundie Seefried discuss the landscape of banking and compliance, focusing on the governmental and financial considerations necessary to move forward. We start with with an examination of the necessity for federal legalization and its impact on unlocking major credit card participation, laying the groundwork for exploration of industry evolution.
We talk about building compliant businesses, emphasizing the significance of educational efforts aimed at regulators and financial institutions, along with the challenges linked to state-by-state regulations. As we move further into the topic, the potential ramifications of industry rescheduling on lending and investment are pulled apart, offering a comprehensive view of the potential implications for the future market landscape.
We also spotlight the pivotal role of FinTech in shaping banking and lending growth, highlighting the value of collaboration between large banks and small credit unions, as well as the advantages of partnering with FinTech companies. The message resonates with the importance of understanding the industry's unique challenges and forging compliant solutions to navigate the complex terrain of related transactions.
Credit Card Companies, Rescheduling & Compliance | Safe Harbor | The Dales Report
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Timestamps:
0:00 - 0:56 Industry's need for federal legalization and access to capital.
0:57 - 5:07 Banking and compliance in the industry.
5:08 - 9:41 Regulation and education.
9:42 - 13:51 Banking and lending post-rescheduling.
13:52 - 18:44 Industry growth, banking regulations, and credit card involvement.
18:45 - 23:02 FinTech's role in banking and lending.
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