FinTech Compliance Costs Surge: SOC 2, PCI DSS, MTL Top $1M

SOC 2 Type 2 audits cost $40k-$120k, PCI DSS Level 1 runs $50k-$200k, and multi-state money transmitter licenses exceed $1M annually. KYC tooling adds $30k-$300k per year, while EU MiCA and PSD2 further increase costs for US firms. Data from AICPA, PCI Council, and FFIEC shows compliance spending has stabilized in range but expanded in scope.