<h1>Fintech's $1B/day, $400B/year claim prompts scrutiny of payments licensing, AML/KYC, data protection, AI and cloud risks</h1> A global fintech provider announced processing over $1 billion daily and more than $400 billion annually across 7.5 billion+ transactions, claiming roughly 24% of the global mobile money market and 80+ deployments in 55+ countries. Legally, these claims raise regulatory and compliance considerations across multiple jurisdictions, including payments licensing, anti-money laundering/know-your-customer obligations, cross-border data transfer and data protection laws, and contract and liability exposure with large merchants and government payors. The firm's use of AI, cloud infrastructure, tokenization and orchestration implicates cybersecurity, consumer protection and third-party vendor risk management requirements that could affect regulatory scrutiny and contractual risk allocation.