Money Transmission Modernization Act; revise various provisions of and create new provisions related to.

SB 2715, the Money Transmission Modernization Act, updates Mississippi's regulations for money transmitters (businesses handling money transfers, including virtual currency kiosks) to enhance oversight and consumer protection. It requires license applicants and holders to report all virtual currency kiosk locations in applications, renewals, and quarterly reports, and to provide their contact information to customers for each transaction. The bill also mandates annual training for authorized delegates on recognizing financial abuse of elderly adults and establishes new data security standards for safeguarding customer information. These changes aim to modernize regulatory compliance for emerging money transmission services while strengthening consumer safeguards.