Compliance, regulation, and licensing have been the topics of many conversations lately related to embedded finance programs. The OCC recently put its foot down on Blue Ridge Bank and demanded more compliance procedures/oversite for its fintech partners. It’s never been more important to understand the compliance and risk management landscape in the fintech space. In this episode of Embedding the Future of Finance, Jay Saling catches up with Jorgen Norgaard, Alviere’s Global Head of Compliance for a crash course on compliance in embedded fintech. Jorgen talks about the importance of viewing compliance as a value add, not a cost center, and the day-to-day compliance program responsibilities. The two also tackle the topic of licensing, why money transmission licenses are so important, and how having a license impacts customer ownership, risk management, and the general approach to embedded finance programs.