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Expert Analysis

With New Law, Tenn. Joins Money Movement's Modern Era

By Katy Ryan, Jedd Bellman and Samantha Goldberg-Seder ( June 9, 2023, 4:01 PM EDT) -- Tennessee's recent passage of the Money Transmission Modernization Act, or MTMA, signals a continued effort to modernize regulation of money transmission across the U.S. The MTMA, is a model law developed by industry and state experts and approved by the Conference of State Bank Supervisors, or CSBS, a state regulatory trade association governed by state financial regulators....

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