In a post titled "Payments Regulation in the United States is Hampering Innovation (Really?)" over on PaymentsViews.com attorney Broox Peterson shares his perspective on payments regulation in the United States and its effect on innovation.
The process of identifying and complying with payments regulation that applies to a startup business is probably less daunting than common perceptions of the process, caused in part by the arm-waving of lawyers and compliance specialists (like me) trying to scare startup businesses to take the regulatory requirements seriously, and perhaps over-succeeding. So let me take a stab at dialing back some of the hysteria over payments regulation."Broox has done a lot of work in and around this space - his perspective is a very thoughtful one. Share your reaction by adding a comment at the end of his article.