Remove Arizona Remove Financial Technology Remove Marketing Remove Technology
article thumbnail

CFPB, CFTC Develop FinTech Regulatory Sandbox

PYMNTS

We recognize that so often the case is with new technology, there is a needle you have to thread,” he added later. “If The United Kingdom has already provided startups with this type of space, and earlier this year Britain’s Financial Conduct Authority (FCA) announced plans for a global testing bed for new financial technology apps.

Fintech 116
article thumbnail

CFPB proposes revisions to trial disclosure policy

CFPB Monitor

Before joining the CFPB, Mr. Watkins was in charge of fintech initiatives in the Arizona Attorney General’s office and led the state’s successful efforts to create the first “regulatory sandbox” in the United States which allows new financial technologies and products to be tested in a controlled environment with reduced regulatory risk.