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Home > About FDIC > FDIC Advisory Committee on Economic Inclusion (ComE-IN) Meeting

FDIC Advisory Committee on Economic Inclusion (ComE-IN) Meeting  

Money Services Businesses – Access to the Banking System
October 24, 2007, FDIC Headquarters, 550 17th Street N.W., Washington, DC
8:30 am to 8:45 am

Welcome remarks,
Diana Taylor, Chair, Advisory Committee 

Update since last meeting
Sheila Bair, Chairman, FDIC

8:45 am to 9:30 am

Bank Secrecy Act’s Impact on MSBs
Fact or Fiction
Jamal El-Hindi, FinCen

9:30 am to 10:15 am Identify Roles and Challenges –
MSBs from the New York Perspective
Regina Stone, NY State Banking Department
10:15 am to 10:30 am Break
10:30 am to 11:15 am

Remittances – Issues and Opportunities for Banks
Manuel Orozco, Inter-American Dialogue

11:15 am  to 1:00 pm MSB Industry Perspective
Joseph Coleman, Rite Check Cashing, Inc.

Patricia Cirillo, Cypress Research Group
Thomas E. Haider, MoneyGram International, Inc.
Paul S. Dwyer, Jr., CEO, Viamericas Corporation
Moderator: Lisa Arquette, FDIC
1:00 pm to 2:00 pm Lunch
2:00pm to 3:00 pm Bankers' Perspectives
Keith Ward, United Central Bank, Garland, Texas
Terence Keenan, Corus Bank, Chicago Illinois
Michael Lynch, Banco Popular, Chicago, Illinois
3:00 pm to 3:15 pm Break

3:15 pm to 4:30 pm

Possible Solutions/ Incentives to Stem Bank Discontinuance Flow and for Bank-based Product Offerings

 Discussion Leader:
 Diana Taylor

General Information

Money Services Businesses At a Glance

 Cypress Research Group - 2006 FiSCA Customer Survey - PDF (PDF Help)

 Inter-American Dialogue

 Financial Service Centers of America

Relevant FDIC Press Release

FIL 32-2005 - Anti-Money Laundering Guidance Interpretive Guidance on Providing Banking Services to Money Services Businesses Operating in the United States


Last Updated 10/25/2007

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