FIBA

What FIBA does

FIBA (Financial & International Business Association) is a Miami-headquartered, non-profit trade association founded approximately 1975 (rebranded from the Florida International Bankers Association in 2017) that connects the U.S. and Latin American financial services communities through advocacy, education, and large-scale industry events. The organization operates two principal revenue pillars. The first, FIBA Academy, delivers globally recognized professional certifications in partnership with Florida International University via the FIU Online Canvas LMS, including AMLCA (Anti-Money Laundering Certified Associate), CPAML, CVAA (Certified Virtual Assets Associate), CWMA, and CWMP, with courses offered in English and Spanish, plus a $150 biennial recertification cycle. The second, FIBA Conferences, runs flagship events such as the Annual FIBA AML Compliance Conference (~1,200 attendees from 43 countries) and the FELABAN Annual Assembly (~2,000 leaders from 50+ countries).

The business model is a hybrid of tiered subscription membership (Individual $250, Silver $1,500, Gold $3,500, Platinum $5,500) covering ~108 institutional and individual members, per-seat certification and recertification fees, and conference registration and sponsorship revenue. Distribution combines direct membership sales, an exclusive FIBA Connect social platform with mobile app, the FIU-hosted Canvas learning system, in-person regional training (Dominican Republic, Argentina, El Salvador), and a media footprint spanning podcasts, webinars, articles, and earned media. Customers are financial institutions, compliance and risk professionals, law firms, fintech and digital-asset companies, and government regulators across the Americas and beyond.

Notable differentiated offerings include the bilingual English/Spanish curriculum, dedicated verticals for insurance and casino/gaming AML, and a U.S. advocacy channel with direct engagement at FinCEN, OFAC, SEC, Treasury TFI, and the State Department. The organization is governed by an Executive Committee and Board drawn from member institutions including Banco Pichincha, Wells Fargo, ABANCA, Sunwest Bank, and BH Compliance, and is led by President and CEO David Schwartz.

Name

FIBA

Legal name

Financial & International Business Association

Website

https://fiba.net

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

51–100 employees

Short description

FIBA is a Miami-based non-profit trade association founded circa 1975 that connects the U.S. and Latin American financial services communities through AML and compliance certifications, major industry conferences, and regulatory advocacy, serving roughly 108 institutional members and 10,800+ certified professionals across 45+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: Annual membership fees collected from financial institutions, fintechs, law firms, consultants, and individuals. Tiered structure: Individual ($250), Silver ($1,500 for non-financial institutions), Gold ($3,500), and Platinum ($5,500).
2. Conference & Event Fees: Revenue from conference registrations, sponsorships, and event participation. Major events include the FIBA AML Compliance Conference and FELABAN Annual Assembly. Conferences offer panels, workshops, networking events, and sometimes continuing education credits.
3. Certification & Course Fees: Fees for professional certifications and courses including AMLCA (from $1,195 to $1,595 depending on membership status), CPAML ($1,395), CVAA ($795), CWMA ($1,195), CWMP (from $1,195 to $1,395), and various specialized courses.
4. Recertification Fees: $150 recertification fee every two years for maintaining certifications, with $100 late fee for submissions outside the April 1 to June 30 annual window.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels10 records

Core offering

FIBA is a non-profit trade association that operates FIBA Academy (certifications and courses in anti-money laundering, compliance, wealth management, and fintech in partnership with Florida International University), FIBA Connect (an exclusive social/networking platform and mobile app), large-scale conferences (FIBA AML Compliance Conference, FELABAN Annual Assembly), advocacy, and tiered institutional membership for the international banking and financial services community across the Americas.

Product overview

FIBA is a non-profit trade association and global leader in advocacy, financial education, and conferences for the international banking and financial services community. The organization operates through two primary pillars: FIBA Academy, an education platform offering professional certifications (AMLCA, CPAML, CVAA, CWMA, CWMP) and specialized courses delivered online through FIU's Canvas platform; and FIBA Conferences, including the flagship AML Compliance Conference and FELABAN Annual Assembly. Additional offerings include FIBA Connect (networking platform/app), the FIBA Open Banking Platform, and various AML/compliance training programs. FIBA serves financial institutions, fintechs, law firms, and individual professionals across the Americas with courses available in English and Spanish.

Differentiator

Problem solved

Functional benefit

Brands

• FIBA Academy: The educational arm of FIBA offering certifications in anti-money laundering, compliance, wealth management, and fintech through partnership with Florida International University (FIU).
• FIBA Connect

Products and services

• FIBA Membership Annual institutional and individual membership providing access to FIBA Connect networking platform, members-only resources, complimentary webinars, committee participation, event discounts, certification discounts, and visibility/recognition at FIBA-sponsored events. Four tiers: Individual ($250), Silver ($1,500), Gold ($3,500), and Platinum ($5,500).
• Anti-Money Laundering Certified Associate (AMLCA) Entry/intermediate-level certification covering best practices and international standards in AML, terrorism financing, and weapons of mass destruction proliferation for compliance officers in financial and non-financial sectors. 90-day online or 2-day in-person format, 10 modules, 2-year certification validity. Priced at $1,195-$1,595 depending on membership status.
• Certified Professional in Anti-Money Laundering (CPAML) Advanced certification for professionals and managers focused on identifying risks, designing controls, investigating suspicious activity, and evaluating internal controls in AML/CFT. Part of FIU's College of Law Juris Master Program. 2 days in-person or online. Priced at $1,395.
• Certified Virtual Assets Associate (CVAA) Interactive 60-day online certification focused on due diligence policies for identity verification, risk assessment, and virtual asset transaction monitoring to help professionals comply with AML/CFT and Sanction Screening standards for digital asset and cryptocurrency businesses. Priced at $795.
• Certified Wealth Management Associate (CWMA) Certification providing tools for relationship managers to understand product sales and manage Wealth Management client services. 2-day in-person format, 16 hours. Priced at $1,195.
• Certified Wealth Management Professional (CWMP) Advanced certification for experienced relationship managers in Wealth Management, focusing on investment principles and sales practices. Priced at $1,195-$1,395 depending on membership status.
• Correspondent Banking AML Certificate 1-day or 60-day online course on practical applications of the USA PATRIOT Act for correspondent banking compliance programs at U.S. and foreign financial institutions. 7 CE credits. Priced at $695-$895.
• OFAC Sanctions Professional Certification Certification covering economic and trade sanctions compliance, focusing on the laws, regulations, and sanctions programs designed to protect the financial system.
• Anti-Corruption in Financial Services Certificate 30-day online course providing a deep understanding of the global regulatory framework designed to combat corruption in the financial services industry, focusing on key risks and mitigation strategies. Priced at $595-$795.
• Operational Risk Certificate Online course offering guidance in managing risks by presenting international standards, how to report incidents, and ways to best work with the culture, roles, and responsibilities involved in various risk categories.
• Trade Based Money Laundering (TBML) Certificate FIBA-FIU course providing a comprehensive introduction to trade-based money laundering, focusing on how trade finance products and services can be exploited for illicit purposes.
• AML Responsibilities for Boards, CEOs & Directors Course designed for senior management covering the latest regulations and cases to ensure effective AML compliance programs within organizations. Meets annual board training requirements.
• FIBA AML Compliance Conference Annual premier conference bringing together regulators, financial institutions, law enforcement, and industry leaders to discuss anti-money laundering compliance, regulatory developments, and financial crime prevention. Attracts 1,200+ participants from 43 countries. Includes registration fees and sponsorship opportunities. 26th annual edition scheduled March 23-26, 2026 at InterContinental Hotel Miami.
• FELABAN Annual Assembly Major international banking forum organized by FIBA, bringing together nearly 2,000 financial leaders from more than 50 countries to discuss digital assets, AI, regulatory change, and payment modernization. Multi-day event with panels, workshops, and networking.
• FIBA Certification Recertification Biennial recertification service for maintaining FIBA-issued certifications. Requires 20 CE credits; $150 fee every 2 years, with a $100 late fee for submissions outside the April 1 to June 30 annual window.

Quantifiable outcome

• Over 10,800 certified professionals worldwide
• +3 more outcomes

Named customers25 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Ministerio de Hacienda de la República DominicanacoreStrategic or Co-development Partner · 9 March 2026Cooperation agreement signed in March 2026 to support initiatives strengthening anti-money laundering efforts in the Dominican Republic, with particular attention to the gaming sector. Part of FIBA's regional expansion and AML cooperation strategy.
• Superintendencia de Seguros de la República Dominicana (SIS)coreStrategic or Co-development Partner · 24 July 2025Historic agreement signed July 2025 to bring AMLCA certification to the Dominican Republic's insurance sector for the first time. Enables insurance professionals to access in-depth AML training with global regulatory alignment. Led by Superintendent Julio César Valentín Jiminián with support from FIU.
• U.S. Government Agencies (SEC, Treasury TFI, OFAC, State Department)coreStrategic or Co-development Partner · 14 October 2024FIBA members conducted advocacy visits to key U.S. institutions including Securities and Exchange Commission (SEC), Treasury Department's Terrorism and Financial Intelligence Office (TFI), Office of Foreign Assets Control (OFAC), and U.S. State Department. Engagements focused on regulatory developments and compliance challenges impacting the financial services industry.
• Unidad de Análisis Financiero (UAF) de la República DominicanacoreStrategic or Co-development Partner · 22 April 2019Training cooperation agreement signed in April 2019 (reaffirmed March 2026) promoting specialized education and training programs for compliance professionals, risk managers, and participants across the private sector in the Dominican Republic.
• Florida International University (FIU)coreStrategic or Co-development Partner · 26 April 2017Long-standing partnership between FIBA and Florida International University for professional education and certifications. FIU's College of Business Executive Education develops curriculum and credentials. FIBA Academy courses are delivered through FIU Online's Canvas platform. FIU's graduate business programs ranked #2 by Financial Times. The partnership enables globally recognized certifications including AMLCA, CPAML, CWMA, and CWMP.
• BankTalentHQminorGTM or Marketing PartnerPartnership to provide FIBA members with premier talent management site for financial industry careers. When members post on BankTalentHQ (through Circa partnership), positions reach 15,500+ employment offices, community-based organizations, diversity hiring sites, state banking association websites, and Top USA Jobs. FIBA members receive 20% discount using code 20off23.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• IIA (Institute of Internal Auditors): IIA is a much larger global association (~200,000+ members) administering the CIA certification with a broad internal-audit focus that partially overlaps with FIBA's compliance/control training. Relevant as an incumbent that defines standards in adjacent financial-controls disciplines.
• CFA Institute: CFA Institute administers the CFA charter and is the dominant investment-professions credentialing body. Comparable to FIBA at the level of business model (membership, globally recognized certifications, advocacy, and conferences) but operates at vastly larger scale and in a different vertical (investment vs. compliance/AML).

Direct peers

• PRMIA (Professional Risk Managers' International Association): PRMIA administers the PRM certification and serves risk-management professionals with chapters, events, and educational content. Comparable as a member-driven, certification-anchored professional association in the financial-services risk/compliance space.
• RMA (Risk Management Association): RMA is a member-driven banking association providing credit-risk training, the CRC certification, and industry events. Comparable to FIBA in business model (institutional members, certifications, conferences serving the commercial-banking risk function).
• BAFT (Bankers Association for Finance and Trade): BAFT is a banking-industry association focused on trade finance, payments, and correspondent banking, with global membership and major conferences. Comparable to FIBA in serving international banking operations and providing AML/trade-based ML training, with overlapping member banks and event-driven model.
• ACAMS (Association of Certified Anti-Money Laundering Specialists): ACAMS is the dominant global AML certification body (CAMS designation) with 90,000+ members. It is the most direct competitor to FIBA's AMLCA/CPAML credentials, competing for the same BSA/AML officer training wallet. Comparison is direct: both sell AML certifications, member benefits, and conferences.
• GARP (Global Association of Risk Professionals): GARP administers the FRM and SCR certifications for risk professionals and operates a global member-based association. Comparable to FIBA in business model: membership dues, professional certifications, conferences, and continuing education for financial-services risk and compliance professionals.
• ICA (International Compliance Association): ICA offers the globally recognized International Diploma in Compliance and specialises in financial-crime and AML training. Comparable to FIBA as a membership-and-certification body serving compliance professionals in banks, with similar product structure (diplomas, certificates, member benefits).

Regional players

• Association of International Banks (AIB): AIB is a London-based industry association representing international banks operating in the UK, offering advocacy, training, and member services. Comparable as a banking-industry trade association serving cross-border institutions, but geographically focused on the UK rather than U.S./LatAm.
• Florida Bankers Association: Florida Bankers Association is a state-level U.S. banking trade association providing advocacy, education, and member services to Florida-based banks. Comparable as a banking trade association in the same Florida/Miami ecosystem, but domestic in scope and not focused on international/LatAm banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fibabankers
• LinkedInlinkedin.com/company/fibabankers

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FIBA