Money Services Business Association (MSBA) Expands by Integrating National Money Transmitters Association

MONTVALE, N.J., Sept. 5, 2018 /PRNewswire/ -- The Money Services Business Association (MSBA), a trade association focusing on the non-bank money services industry, announced today it has integrated into its operation the services and capabilities of the National Money Transmitters Association (NMTA).  With the consolidation of the two entities, the MSBA is the only broad-based trade association focused on tracking state and federal legislation and regulation for the money services business industry.

Mr. David Landsman, the NMTA Executive Director for the past fourteen years, has worked for more than forty years in the money services industry, will be entering private practice as a consultant. His firm will join the MSBA as an Associate Member. He stated, "I applaud the many achievements of the MSBA, and I look forward to throwing my full support behind its efforts. Industry unity is paramount."

"We are excited to welcome Mr. Landsman and members from the NMTA into the MSBA as we continue to represent licensed money transmitters, international remittance companies and Fintech companies" said Kathy Tomasofsky, Executive Director at the Money Services Business Association. "It is important that we strengthen our collaboration as we share one industry voice on the many issues and challenges before us."

The MSBA and its company members work to increase public awareness of the essential services provided by the money services industry, to encourage continuous safe innovation and to improve the environment and access to banking services for the money services business industry.  

About the MSBA
The Money Services Business Association, Inc. or MSBA is a trade association focused on the non-bank money services industry, including licensed money transmitters their agents/authorized delegates, payment card issuers and distributors, payment processors, international remittance companies, bill payment companies, mobile payment application providers, payment aggregators, virtual currency exchanges and administrators, e-Wallet providers and other similar money services providers that are engaged in payments. Earlier this year, the MSBA announced its new Board Chairman and Officers.

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SOURCE Money Services Business Association, Inc.