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MK Decision
United States
22 Jul 2015 (10 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know MK Decision
Company Information
Get to know MK Decision
MK Decision is a financial technology company that supports community banks, credit unions, and finance companies with an intelligent loan origination and deposit account opening system. Our vision is to help community financial institutions strengthen their economies by stimulating local deposits, local borrowing and local lending. The MK platform supports a variety of solutions via our diligently designed APIs including: credit cards; online deposit account opening; and, consumer, commercial, small business, and indirect loans. We work constantly to address the problems financial institutions face due to antiquated systems, manual processes, and unresponsive interfaces. Our advanced digital platform provides you with streamlined lender workflows and your customers with simple, beautiful experiences to solve your biggest banking technology problems. Our company is built upon a thriving culture of innovation based on our four pillars: open your mind, do the right thing, do whatever it takes, and win together. If you’d like to be a part of our team, we're excited to hear from you!
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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