Digital Mortgage Direct Page

Anila Lahiri is the chief operating officer at EIN Search, a provider of compliance data and solutions. She has extensive expertise in navigating the complex landscape of compliance and her keen insights into data-driven strategies.

Alex Bouaziz is the co-founder and CEO of Deel, the all-in-one HR platform for global teams. Founded in 2019, Deel's technology helps companies simplify every aspect of managing an international workforce, from culture and onboarding, to local payroll and compliance. In just under four years, the company has grown to 3000 team members worldwide in over 100 different countries and raised over $600 million in funding. It has 18,000-plus customers, including Shopify, Nike, and Cloudflare. 

Linda Jeng is a visiting scholar on financial technology at Georgetown University Law Center's Institute of International Economic Law.

The market for services that allow employees to access funds ahead of their two-week payday is a hotbed of activity, even as financial services regulators in some states seek to rein it in.

Despite regulatory efforts, applications for traditional new banks often now require lengthier review periods for approval than in the last several decades. Here are some key ways to lighten this burden.

After remaining above $2 trillion for a year, the Federal Reserve's overnight reverse repurchase facility has seen steadily less use in recent months. The development is welcomed by banks, but could be a sign that certain financial players are shifting funds to riskier activities.

Dama Financial's new CEO Pat O'Boyle is trying to make his firm the "weed department" for reluctant financial institutions. He has heavy competition — and a reluctant target market.

Banks in the U.S. tend to exist for about half the life span of the average human being. It doesn't have to be that way.

Mikhail Karataev is an anti-money-laundering analyst with Citi. He holds a Ph.D. in economics and has authored more than 100 articles and books on the topic of regulatory compliance. He has held various positions in the banking industry over a 15-year career.

The National Credit Union Administration is addressing two of the main reasons why new institutions aren't being formed — making it easier for the organizers to raise the required capital and easing the burden of the application process, says Todd Harper, the agency's chairman.