Canarie AI

Exam Preparation

State Examination Preparation for BaaS Platforms

State examinations vary by jurisdiction but typically focus on licensing compliance, consumer protection, and operational requirements. Canarie helps you maintain evidence of state-specific compliance alongside federal requirements. Specifically tailored for the unique examination requirements facing baas platforms.

More for BaaS Platforms

BaaS Platforms Exam Preparation Challenges

Oversight of multiple fintech partners
Demonstrating partner compliance to examiners
Scaling oversight with partner growth
Managing third-party risk at scale
Consistent compliance standards

Examining Agencies

State banking departmentsState financial regulatorsNMLS

Exam Frequency

Varies by state and license type

Preparation Steps for BaaS Platforms

1
Review state-specific requirements
2
Compile licensing compliance evidence
3
Document consumer complaint handling
4
Gather state disclosure compliance
5
Prepare operational compliance evidence
6
Document surety bond and capital compliance
7
Compile annual report filings

Evidence Examiners Expect

License maintenance documentation
State-specific policy compliance
Consumer complaint logs
State disclosure requirements
Surety bond and capital documentation
Annual report filings
State-specific training records

Related Compliance Areas for BaaS Platforms

Third-party risk managementBSA/AML program oversightConsumer compliance oversightPartner due diligenceRegulatory examination management

Frequently Asked Questions

Transform State Examination Preparation for Your BaaS Platform

See how baas platforms prepare for examinations in days, not weeks.