| At a Glance | |
|---|---|
| Meeting Minutes |
| Time | Session Information |
|---|---|
| 8:30 am to 8:45 am | Welcome remarks, Update since last meeting |
| 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: |
General Information
Money Services Businesses At a Glance
Cypress Research Group - 2006 FiSCA Customer Survey - PDF (PDF Help)
Inter-American Dialogue
- Making the Most of Family Remittances - May 2007 - PDF 727k (PDF Help)
- Card-Based Remittances: A Closer Look at Supply and Demand - PDF 677k (PDF Help)
Financial Service Centers of America
- Handout to The FDIC Advisory Committee on Economic Inclusion (ComE-IN) – Executive Summary - PDF (PDF Help)
- Handout to The FDIC Advisory Committee on Economic Inclusion (ComE-IN) – Full - PDF (PDF Help)
- Check Cashers Are Good Bank Customers - PDF 2,151k (PDF Help)
- Statement of Gerald Goldman, General Counsel, Before the U.S. House of Representatives Committee on Financial Services, June 21, 2006 - PDF (PDF Help)
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
Presentations
- Presentation to The FDIC Advisory Committee on Economic Inclusion (ComE-IN) – October 24, 2007 - PowerPoint 5655k (PPT Help)
- Providing Access to Financial Services: The Roles of Banks and Money Transfer
Organizations - PowerPoint 538k (PPT Help) - Money Service Business Roles, Issues & Challenges - A New York State Perspective: Licensing, Supervision, and Examination - PowerPoint (PPT Help)
- MoneyGram International - Money Services Businesses - Access to the Banking System - PowerPoint 4754k (PPT Help)
- Cross Border Remittances and Financial Access Issues: Topics to Understand the Market Base of MSBs - PowerPoint 2767k (PPT Help)
PDF Help - Information on downloading and using the PDF reader.