So one thing I’ll say briefly:
If your app revolves around:
• Payments
• Wallets
• Transfers
• Savings
• Investments
• Lending
• POS/Agency banking
• Crypto
• Payroll
• Cross border transactions
Then CBN compliance is your problem because you’re dealing with money movement and financial activities.
If you collect user data:
NDPC enters the chat.
If customers use your platform:
FCCPC enters the chat.
If businesses onboard on your platform:
CAC requirements enter the chat.
If users can transact:
KYC, AML, audit trails and proper transaction monitoring should already be part of your architecture from day one.
Most people are building products.
Government agencies are waiting to build cases 😂
So I was thinking just now,
It feels like I’m the only tech person without a startup now 😂
Everybody is now a founder.
My one bit of advice to all new tech founders is this:
You never can tell how well that your application might blow up, so from this very stage of building, please I beg you, for the mercies of Christ, ensure your application is compliant:
CBN,
NDPC,
FCCPC,
CAC requirements,
KYC requirements,
Audit trails,
Data protection,
All of it.
One thing I’ve come to realize is these compliance bodies lowkey want you to miss some requirement so they can hit you with one crazy fine 😂
Sometimes it honestly feels like a setup.
wtf?? this shit has all the AI models in one place. 😭
and it’s free too
no limits either so you can use any model without worries.
site is https://t.co/WNrgq2v6wu btw
you’re welcome 🙂
Today, we’re open-sourcing the draft specification for DESIGN.md, so it can be used across any tool or platform. We’re also adding new capabilities.
DESIGN.md lets you easily export and import your design rules from project to project. Instead of guessing intent, agents know exactly what a color is for and can even validate their choices against WCAG accessibility rules.
Watch David East break down this shared visual language in action👇. New capabilities and links in 🧵
Today, MIT & the IMO released MathNet, the world’s largest dataset of International Math Olympiad problems & solutions 🌍
MathNet is 5x larger than previous datasets & is sourced from over 40 countries across 4 decades: https://t.co/vvojP7Fu9t
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people paying $20/mo for ChatGPT Plus and still hitting limits: