011 - Why Just A Few FinTech Startups Keep Growing While Others Fail and Run Out of Money?
Release Date: 12/14/2020
198 - Software Industrial Complex. Why MBAs Can Be Replaced By AI. Darryl Cooper New Series.
Compliance That Makes Sense
I’m excited to share news about a new series from Darryl Cooper, host of the . His latest series is all about World War II, told from the perspective of ordinary Germans. It’s a fascinating look at how ideologies take hold and change societies. We’ll use that as a springboard to talk about how we receive and accept compliments, then dive into the software industrial complex and how it creates unnecessary dependencies. Finally we’ll look at how AI is going to simplify those systems and change industries. It’s a wild ride through history, human behavior and innovation. If you found...
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197 - Winners and Losers of Crisis Times, Zuck Embracing Free Speech and Zeus Management Style
Compliance That Makes Sense
If you’ve ever wondered how disruption leads to new beginnings, this episode is for you. I’m diving into the cycles of history, from tearing down the old to building the new and how understanding those patterns can give you hope. We’ll look at , the evolution of institutions and why change is a superpower for growth. Along the way I’ll share personal stories, risk and resilience insights and even a bit of Greek mythology to tie it all together. Get ready to see the bigger picture and learn how to navigate the “winter” we’re in and prepare for the “spring” ahead. If you found...
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196 - Welcome to 2025. Fourth Turning. Debates over immigration, Elon supporting AFD, MEGA (Make Europe Great Again) and more!
Compliance That Makes Sense
If understanding history feels like an abstract puzzle, it’s time to see the patterns. In this episode I’m going into the concept of cycles and seasons, how history, businesses and our personal lives follow predictable patterns. We’ll cover the lessons from The Fourth Turning, generational values, and why knowing these cycles reduces anxiety and uncertainty. You’ll also hear about the current “winter” of society, what it means for businesses and individuals and how to prepare for the “spring” that’s coming. I also discuss the practical power of pattern recognition to get a...
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195 - Live Webinar Recording: How to Assess Impact of Compliance Function
Compliance That Makes Sense
If compliance feels like a roadblock, it’s time to flip the script. I had a live webinar last week about how to turn compliance into a growth driver. We have covered how to measure success, align with business goals and prove compliance’s value as well as. smart resource management, big picture problems, and knowing when to take calculated risks. You will also get practical tips on prioritizing, tracking what matters and making the business case for compliance initiatives through ROI. If you found value in this episode, I would really appreciate it if you could leave a review! My mission...
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194 - How to Assess Your Results and Why Success Is Not Linear
Compliance That Makes Sense
This is the time of year for reflection, so in this episode, I share my theory on why achieving success for some people is so much easier than it is for others, why a high success-effort ratio isn’t always ideal, and some simple practices that you can incorporate into your life to start feeling more successful! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on...
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193 - Fork in the Road: DOGE and Deregulation in Americas vs EU Jihad on Crypto and Digitalization
Compliance That Makes Sense
In this episode, I share my thoughts on regulation and deregulation in the crypto space and my predictions for how the different approaches adopted by Europe and America will impact people and businesses in these regions. If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings and Reviews” and “Write a Review” and tell me...
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192 - How to Evaluate Your Compliance Results in 2024
Compliance That Makes Sense
As 2024 starts drawing to a close, I want to unpack some of the key criteria I use to evaluate how successful my year has been. Tune in to hear my advice for overcoming some of the most common errors made by compliance professionals and the questions you should be asking yourself right now to ensure that you don’t fall into these traps again in 2025! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this...
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191 - What Sets Some Immigrants Apart: The Triple Package Theory
Compliance That Makes Sense
Today’s episode is inspired by a book written by Amy Chua and Jed Rubenfeld. It’s called The Triple Package and while it’s received its fair share of criticism, I hope that after listening to my analysis, you’ll be able to appreciate the book’s theory as much as I do! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings...
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190 - Why ECB Hates Bitcoin
Compliance That Makes Sense
In a paper released a few days ago (October 2024) two senior officials from the ECB outlined why they believe Bitcoin is dangerous, creates inequality, and is a threat to democracy. In this episode, I outline why they are wrong. If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just , select “Ratings and Reviews” and “Write a Review” and tell...
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189 - Why IP Rights and Patents are Irrelevant and Should Be Abolished
Compliance That Makes Sense
I’ve always believed in the importance of IP rights and patents, like many of you, but my recent discovery of Stephan Kinsella’s theory on this topic has led me to almost completely change my mind. Tune in today to hear about the history of IP rights and patents, why they are anti-capitalist, and how they actually inhibit rather than promote innovation. If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this...
info_outlineListen as Yana discusses why some FinTech startups make it to the top, keep growing, and secure license applications, partnerships, and funding. In contrast, most startups just run out of money and aren't able to make it. What is it that those few startups have figured out? Yana gives her insight into the symptoms that might cause you to fail and what she believes is the secret sauce that allows some to make it, plus much more on this Compliance That Makes Sense episode.
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Today's episode:
- [00:33] Hello, my friends, and welcome back!
- [01:32] Yana shares some symptoms that might cause a startup to lose money and fail.
- [03:45] There is a lot of free and paid content published on FinTech compliance. Are you taking advantage of this information?
- [05:32] Agile, just-in-time methodology is proven and most recognized in delivering tech products.
- [07:22] Yana says she is always asked for a complete list of what they need to be in 100% compliance.
- [10:21] Yana discusses what she learned when she started with Amazon and PayPal.
- [12:12] Yana talks about her job responsibilities when working with PayPal.
- [14:34] When large companies like PayPal and Amazon share customer processes, or payment flows with younger FinTechs, it involves decision making around risks.
- [16:31] Yana speaks about how she sees the FinTech compliance function evolve.
- [18:45] Listen as Yana talks about your customer onboarding, and although you might be automated, everything else is manual.
- [21:15] When you have inconsistencies, your compliance cost per customer and time cost per customer is getting higher day by day.
- [23:06] Have you found the right balance between compliance efforts and growth opportunities?
- [26:02] Thank you for listening!
Additional Materials:
Is your compliance lean and agile? If you are not sure, go to www.competitivecompliance.co/lean-compliance-quiz and answer 6 questions to get specific recommendations on how to reduce your compliance cost.