· Payments
Embedded payments in SaaS products: MSB risk
SaaS platforms that embed payment functionality need to assess whether their role in the fund flow creates MSB exposure independent of their payment partners.
SaaS platforms that embed payment functionality need to assess whether their role in the fund flow creates MSB exposure independent of their payment partners.
PaaS platforms that enable clients to offer payment functionality need to define clearly whether the platform or the client bears the regulatory obligations that follow from the payment activity.