In this post I’ll review the US bank holding company rules and explain how to avoid them as an international bank licensed in the US territory of Puerto Rico. The last thing a startup international bank needs
In the financial ecosystem, various entities work in harmony to keep the flow of money, investments, and transactions running smoothly. One such crucial entity is the "Bank Holding Company" (BHC). Though the term might seem intimidating to
In this post I’ll list the common functions of a banking core system. The intent is to give the reader some ideas and direction in selecting their core system. If you’re setting up a new international bank,
For international banks licensed in Puerto Rico and other foreign jurisdictions, establishing a branch in Florida can provide an opportunity to tap into the growing financial markets of the state. However, there is a specific procedure and
In this post, I’ll review the timeline to acquire and build out a bank in Puerto Rico. The purpose of this post is to cover the steps to turn a small international bank into a profitable larger
In this 10 page post I‘ll discuss the best offshore bank license jurisdictions for 2023 and beyond. There have been big time changes to the industry in the last few years. I think you’ll be surprised at
In this 32 post, I’ll review the most popular banking core systems, with a focus on small and medium sized banks, especially startups. This will be a review of each system's capabilities and costs. Note that this
In this post, I’ll look at the recent failures in the banking industry and then explain how moving crypto banking offshore and into international banks is the solution. I’ll conclude with a review of those international banks
Establishing a bank in any part of the world requires a nuanced understanding of the specific country's regulatory environment and associated risks. Puerto Rico, a U.S. territory, is no exception. Despite the island's allure for offshore banking
Bermuda has quickly emerged as a leading jurisdiction for digital asset businesses and cryptocurrency exchanges, thanks to its comprehensive regulatory framework, stable political and economic environment, skilled workforce, favorable tax regime, and a supportive government. The Bermuda