Kida McCaughan

Guerrilla marketing is a marketing tactic in which a company uses surprise and/or unconventional interactions in order to promote a product or service

1. In Data View, click the table containing the measure that will serve as the Base measure
2. Ensure that the Calculation Area appears
3. In the Calculation Area, right-click the calculated field that will serve as the base measure (value), and then click Create KPI

The term "Money Service Business" is a broad category that encompasses different types of financial service providers, including money transmitters, currency exchangers, check cashers, prepaid access providers, and other similar entities. Examples of MSBs include money transfer operators (such as Western Union and MoneyGram), currency exchange bureaus, and online payment platforms.

A money service business is a non-bank financial institution that lets customers trade exchanges, store value, and transfer money. Like banks, money service businesses are also subject to the Bank Secrecy Act (BSA) and AML regulations. MSB is used as an umbrella term for financial services. Financial Action Task Force (FATF) revised the risk assessment of money service and remittance businesses in 2016. Any financial service that pays money to beneficiaries in cash or through a transaction is considered a money transfer business. The value of the transaction has to be higher or equivalent to $1,000 to be considered an MSB.

Key Features and Activities of Money Service Businesses (MSBs) can vary based on the specific type of MSB and jurisdiction, but here are some common features and activities associated with MSBs:

MSBs offer various advantages and disadvantages, which can vary depending on the specific context and individual circumstances. Here are some general advantages and disadvantages associated with MSBs:

MSB compliance with Anti-Money Laundering (AML) regulations is crucial for ensuring the integrity of the financial system and preventing illicit financial activities. Here are key aspects of MSB compliance and AML regulations:

MSBs play a crucial role in the financial system, and their compliance with AML regulations is essential for safeguarding against illicit financial activities. By implementing robust compliance programs, conducting due diligence, and fostering a culture of AML awareness, MSBs contribute to a secure and trustworthy financial environment.