Certificate Course
Self-paced online 1 ACAMS Credit

MSB, PSP, and VASP AML Case Studies

ACAMS Members get a discount
ACAMS Member Price: US$275.00
Non-Member Price: US$375.00

Understanding Financial Crime Risks in MSBs, PSPs, & VASPs 

This course provides a comprehensive understanding of money services businesses (MSBs), payment service providers (PSPs), virtual asset service provider (VASPs), and E commerce platforms, focusing on their products, regulatory requirements, and roles within the financial ecosystem.

1
1 ACAMS Credit
1
1 Digital Certificate

MSBs, PSPs, and VASPs Course Content 

Participants will explore the risks associated with these entities and learn how to design effective AFC programs. The course also covers how VASPs and E-commerce platforms use MSB/PSP licenses to enhance their services.  

This certificate course is one of the elective options available with the CAMS exam package at no additional cost. It is also available for standalone purchase for learners not pursuing CAMS Certification.

You’ll learn to

  • Explain the products, services, and regulations that govern MSBs, PSPs, VASPs, and ecommerce platforms
  • Distinguish between traditional MSB/PSP models and alternative payment methods, and assess how licensing is leveraged across the ecosystem
  • Identify financial crime risks tied to payment and VASPs, including high-risk customer behaviors
  • Apply case-based insights to strengthen AML programs, risk assessments, and ongoing monitoring

Key course topics

  • Regulatory obligations and licensing models for MSBs, PSPs, VASPs, and ecommerce platforms
  • Risks related to money service businesses, payment aggregators, acquiring/issuing banks, and alternative payment tools
  • AML vulnerabilities in virtual asset exchanges, wallet providers, and crypto-related use cases
  • Case studies involving enforcement actions, payment expansion strategies, and cross-ecosystem risk scenarios

Intended audience 

Designed for AML, AFC, compliance, risk, onboarding, and regulatory teams who need a practical understanding of risk in modern payment and virtual asset ecosystems. 

Ideal for professionals working with or overseeing: 

  • MSBs and remittance providers
  • Payment companies and merchant acquirers
  • E-commerce platforms and alternative payment systems
  • Virtual asset exchanges, wallet providers, and token issuers
  • Financial institutions that provide banking services to MSBs, PSPs, or VASPs 

Course structure 

  • Online and self-paced
  • 90 minutes of coursework
  • Complete within four weeks
  • Certificate of achievement upon completion of the course 

Want to go further?

Explore additional titles like this one. View the full list of available Sector‑Specific AML Case Studies and AML Regulatory Framework courses.

Pricing

Buy as a non-member
 
US$375.00
  • Access your self-paced online course
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ACAMS Member Price
US$275.00
  • 400 hours of training webinars live and on demand
  • Practitioner toolkits and best practice guides
  • Perspectives from 115,000+ global members
  • Discounts on all ACAMS products