Canarie AI

Exam Preparation

Money Transmitter Exam Preparation for Licensed Fintechs

Money transmitter examinations focus on licensing compliance, BSA/AML program effectiveness, and consumer protection. Canarie helps licensed money transmitters maintain evidence of compliance across multiple state jurisdictions. Specifically tailored for the unique examination requirements facing licensed fintechs.

More for Licensed Fintechs

Licensed Fintechs Exam Preparation Challenges

Managing licenses across 50+ jurisdictions
Tracking state-specific requirements
License renewal management
State examiner relationships
Scaling to new states efficiently

Examining Agencies

State regulatorsFinCENCFPB

Exam Frequency

Annual or biennial depending on state

Preparation Steps for Licensed Fintechs

1
Review licensing compliance across states
2
Compile BSA/AML program evidence
3
Document consumer complaint handling
4
Gather transaction monitoring evidence
5
Prepare permissible investment documentation
6
Document agent oversight activities
7
Compile surety bond compliance

Evidence Examiners Expect

Multi-state licensing documentation
BSA/AML program records
Transaction monitoring reports
Consumer complaint logs
Permissible investment records
Agent due diligence and monitoring
Surety bond documentation

Related Compliance Areas for Licensed Fintechs

State licensing and renewalBSA/AML programConsumer protectionState-specific disclosure requirementsExamination management

Frequently Asked Questions

Transform Money Transmitter Exam Preparation for Your Licensed Fintech

See how licensed fintechs prepare for examinations in days, not weeks.