This advanced course aims to explore the complex landscape of compliance in the rapidly evolving world of mobile banking. With the rise of fintech and the increasingly global reach of banking services, understanding the legal framework governing these activities is essential. The course will cover topics such as anti-money laundering (AML), consumer privacy, cybersecurity, and cross-border transactions, among others. It also focuses on the federal and state regulations in the United States as well as key international guidelines.
Course Objectives:
-
To provide an in-depth understanding of the regulatory frameworks that apply to mobile banking.
-
To analyze the legal challenges and risks associated with various mobile banking services and operations.
-
To develop a comprehensive view of anti-money laundering and counter-terrorist financing measures in mobile banking.
-
To delve into the intricacies of consumer privacy laws relevant to mobile banking.
-
To examine the impact of emerging technologies like blockchain on mobile banking compliance.
-
To assess the challenges and opportunities presented by cross-border mobile banking transactions.
