Money Services Business (MSB) Compliance Services
Compliance Support for Money Services Businesses (MSBs)
We work with MSBs across the US to handle federal and state compliance. From licensing and AML programs to ongoing operations, we help you manage regulatory requirements so you can focus on building your business.
As seen on:
As seen on:
As seen on:
Challenges
MSBs Get a Lot of Scrutiny
MSBs Get a Lot of Scrutiny
Regulators see MSBs as high-risk because they deal with cash, digital wallets, cross-border transfers, and prepaid value, all of which can be used for illicit finance if not properly monitored.
Regulators see MSBs as high-risk because they deal with cash, digital wallets, cross-border transfers, and prepaid value, all of which can be used for illicit finance if not properly monitored.
Compliance Starts Before Launch
You may need both federal registration and multiple state licenses just to operate legally, even in testing.
Compliance Starts Before Launch
You may need both federal registration and multiple state licenses just to operate legally, even in testing.
Compliance Starts Before Launch
You may need both federal registration and multiple state licenses just to operate legally, even in testing.
Every State Has Its Own Rules
A single money transmitter license may not be enough. Most states have separate requirements, timelines, and costs.
Every State Has Its Own Rules
A single money transmitter license may not be enough. Most states have separate requirements, timelines, and costs.
Every State Has Its Own Rules
A single money transmitter license may not be enough. Most states have separate requirements, timelines, and costs.
Staying Audit-Ready Is Hard
Between FinCEN and state agencies, MSBs face frequent exams and must keep detailed records for at least five years.
Staying Audit-Ready Is Hard
Between FinCEN and state agencies, MSBs face frequent exams and must keep detailed records for at least five years.
Staying Audit-Ready Is Hard
Between FinCEN and state agencies, MSBs face frequent exams and must keep detailed records for at least five years.
Regulators
Key Agencies That Oversee MSBs
Operating an MSB means working with both federal and state regulators. Each one plays a different role, including licensing, supervision, AML oversight, and consumer protection.
Frameworks
Regulatory Frameworks That Shape MSB Compliance
Regulatory Frameworks That Shape MSB Compliance
Running an MSB means complying with specific laws built to detect financial crime, protect customers, and define how money movement is monitored and reported.
Running an MSB means complying with specific laws built to detect financial crime, protect customers, and define how money movement is monitored and reported.
How We Help
Let Us Manage Compliance While You Focus on Growth
01
Set Up Your Money Services Business
We map your state and federal obligations, help prepare your registration materials, and file what’s needed to launch quickly while mitigating regulatory risks.
01
Set Up Your Money Services Business
We map your state and federal obligations, help prepare your registration materials, and file what’s needed to launch quickly while mitigating regulatory risks.
02
Build a Custom Compliance Program
We create practical compliance programs designed for fast-moving fintechs, including AML systems, reporting workflows, and staff training.
02
Build a Custom Compliance Program
We create practical compliance programs designed for fast-moving fintechs, including AML systems, reporting workflows, and staff training.
03
Managing Day-to-Day Compliance
We help you manage the ongoing compliance workload, including transaction monitoring, recordkeeping, filings, supervision, communications review, and audit prep, mitigating the risk of missing deadlines.
03
Managing Day-to-Day Compliance
We help you manage the ongoing compliance workload, including transaction monitoring, recordkeeping, filings, supervision, communications review, and audit prep, mitigating the risk of missing deadlines.
04
Outsourcing Key Compliance Roles
We can serve as your outsourced Chief Compliance Officer (CCO) or AML Compliance Officer (AMLCO), offering experienced leadership without the overhead of hiring in-house.
04
Outsourcing Key Compliance Roles
We can serve as your outsourced Chief Compliance Officer (CCO) or AML Compliance Officer (AMLCO), offering experienced leadership without the overhead of hiring in-house.
Why InnReg
Experienced Compliance Partners for MSBs
Our team has supported clients ranging from traditional remittance companies to mobile-first platforms that offer stored value, cryptocurrency, and cross-border payments. We understand how fast MSBs move and how complex compliance can get when you scale. Whether you need help launching in multiple states or defining your regulatory strategy, we can help you build systems that work in real-world operations, not just on paper.
Decades of Experience
Our team brings together multiple decades of cumulative experience in regulatory compliance and fintech.
Decades of Experience
Our team brings together multiple decades of cumulative experience in regulatory compliance and fintech.
Full-Service Solutions
InnReg can cover your entire compliance journey, from strategic planning to daily operations.
Full-Service Solutions
InnReg can cover your entire compliance journey, from strategic planning to daily operations.
Seamless Integration
InnReg's team integrates into your organization to complement your existing resources and structures.
Seamless Integration
InnReg's team integrates into your organization to complement your existing resources and structures.
Expertise on Your Niche
Work directly with our regulatory specialists, each selected for their unique expertise in your specific niche.
Expertise on Your Niche
Work directly with our regulatory specialists, each selected for their unique expertise in your specific niche.
Worldwide Expertise
With a diverse team around the globe, InnReg supports international firms in navigating multi-jurisdictional landscapes.
Worldwide Expertise
With a diverse team around the globe, InnReg supports international firms in navigating multi-jurisdictional landscapes.
Cost-Effective Services
Compliance outsourcing for financial services firms can provide significant cost savings while promoting innovation.
Cost-Effective Services
Compliance outsourcing for financial services firms can provide significant cost savings while promoting innovation.
Case Studies
Money Services Business Compliance in Action
Resources
Latest Content
Articles
Downloads
Jun 25, 2025
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16 min read
Apr 22, 2025
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16 min read
Feb 28, 2025
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14 min read
Feb 25, 2025
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10 min read
Nov 27, 2024
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17 min read
Articles
Downloads
Jun 25, 2025
·
16 min read
Apr 22, 2025
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16 min read
Feb 28, 2025
·
14 min read
Feb 25, 2025
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10 min read
Nov 27, 2024
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17 min read
FAQ
Your MSB Compliance Questions Answered
Your MSB Compliance Questions Answered
What qualifies a business as an MSB?
What qualifies a business as an MSB?
Do MSBs need to register with FinCEN?
Do MSBs need to register with FinCEN?
What are the BSA requirements for MSBs?
What are the BSA requirements for MSBs?
Which agencies oversee MSBs?
Which agencies oversee MSBs?
Do MSBs need a license in every state they operate?
Do MSBs need a license in every state they operate?
What is a money transmitter license?
What is a money transmitter license?
What is the difference between FinCEN registration and state licensing?
What is the difference between FinCEN registration and state licensing?
What is the Travel Rule, and how does it apply to MSBs?
What is the Travel Rule, and how does it apply to MSBs?
How often do regulators examine MSBs?
How often do regulators examine MSBs?
Can MSBs work with agents or partners?
Can MSBs work with agents or partners?
Let's Talk About Your Compliance Needs
Let's Talk About Your Compliance Needs
Who We Serve
Compliance Services
Compliance Consulting
Compliance Operations
Licensing Services
Resources
About InnReg
The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.
Who We Serve
Compliance Services
Compliance Consulting
Compliance Operations
Licensing Services
Resources
About InnReg
The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.
Who We Serve
Compliance Services
Compliance Consulting
Compliance Operations
Licensing Services
Resources
About InnReg
The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.