17
Sep
2023
Common Functions of a Banking Core System
Category: International Bank License, Offshore...
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 u...
17
Jul
2023
Best Offshore Bank License Jurisdiction 2023
Category: Bermuda, Business Planning, BVI, Dom...
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...
15
Jul
2023
Banking Core System Review 2023
Category: Business Planning, International Ban...
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 capabi...
15
Jul
2023
The Future of Crypto Banking in 2023 and Beyond
Category: Blockchain, International Bank Licen...
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 conclu...
19
May
2023
The Internet and ChatGBT are Wrong About International Bank Licenses in Puerto Rico
Category: International Bank License, Offshore...
In this post, I’ll look at an AI-generated article about setting up an international bank in Puerto Rico and explain where it is wrong. The bottom line is that most of the informat...
16
May
2023
Risks of Bank Acquisition in Puerto Rico: Compliance, Loan Books, and Regulatory Pitfalls
Category: Business Planning, International Ban...
In this post, I’ll consider the risks of buying an existing bank. All of these issues must be considered before buying a bank in Puerto Rico or elsewhere. The primary risk areas wh...
02
May
2023
US Banking License vs. Puerto Rico International Banking License
Category: International Bank License, Offshore...
In this post, I will compare and contrast US banking licenses with international banking licenses in Puerto Rico.
24
Apr
2023
New International Banking Regulations for Puerto Rico in 2024
Category: Business Plan, Business Planning, In...
In this post, I will look at the proposed changes to Puerto Rico's international banking law, Act 273. I expect these changes to be approved for 2024 and to improve the island's in...
24
Apr
2023
Puerto Rico Cracks Down on International Banks: A Look at the Recent Closures
Category: International Bank License, Offshore...
In this article, I look at the reasons several banks have been closed in Puerto Rico over the last couple of years. The regulations and requirements to operate in Puerto Rico have ...
23
Apr
2023
Bermuda to Become the Top International Bank License in 2024
Category: Bank Holding Company, Bermuda, Busin...
I expect Bermuda to become the next great international banking hub starting in 2024. Here's what you need to know about starting an international bank in Bermuda in 2024.