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Ken Ehrlich Quoted on Fintech Licensing in Banker & Tradesman
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Ken Ehrlich, a partner in Nutter’s Corporate and Transactions Department and co-chair of Nutter’s Banking and Financial Services group, commented on the multistate compact that is expected to significantly streamline the licensing process for fintech money services businesses. In the article, “Massachusetts Joins Agreement to Streamline Fintech Licensing Process” Ken said that the state regulators in the multistate agreement operate with similar principles. According to Ken, “These are highly professional, like-minded state offices that view themselves as leaders. They are also comfortable enough with each other’s decision-making ability. They must be comfortable with each other because they are honoring one approval from one state.”
