Insights on Business

DECEMBER 7, 2017

Two years ago I wrote an article on the 6 biggest trends in FinTech. In a landscape where new technology arises, gets implemented and goes mainstream in a heartbeat, I wanted to cover five of the most impactful trends currently impacting the FinTech industry today: 1. Blockchain. Human Digital Interfaces.

Trends 145

Trends Technology Fintech blockchain 145

PYMNTS

NOVEMBER 27, 2019

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. In this week’s roundup of the latest B2B applications of bank-FinTech collaboration and open banking initiatives, PYMNTS looks at new data integration models.

Fintech 227

Fintech blockchain Data National 227

PYMNTS

APRIL 27, 2016

The European Union has decided it won’t take a formal stance on regulating blockchain, at least for now. According to the EU parliamentary committee, now is not the time to regulate. Instead, the group determined it was best to keep a watchful eye over the technology that underpins bitcoin without being overarching.

blockchain 100

blockchain Regulation Bitcoin Groups 100

PYMNTS

MARCH 11, 2019

CULedger , a credit union, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services.

blockchain 160

blockchain Regulation Community Bank Regional 160

Banking Exchange

MAY 19, 2021

Corporation is the latest regulator to respond to the rapidly growing fintech market Compliance Technology Feature3 Fintech Blockchain Feature Financial Trends Bitcoin Cryptocurrency Compliance Management Compliance/Regulatory.

Regulation 78

Regulation FDIC Compliance Bitcoin 78

Bank Innovation

OCTOBER 17, 2017

EXCLUSIVE — Spanish banks, along with certain Spanish telecommunication companies, have come together to establish a national network based on blockchain. The consortium is called Alastria.

National 267

National blockchain Company Regulation 267

PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. Yet onlookers have noted that PBoC has been working diligently toward its own FinTech growth.

Fintech 193

Fintech Bitcoin cryptocurrency Lending 193

PYMNTS

MARCH 13, 2019

The New York Times newspaper posted a job called “Lead, Blockchain Exploration” on Wednesday (March 13), and later took it down, according to reports. The posting said the organization was looking for someone to “design a blockchain-based proof of concept for news publishers.”.

New York 139

New York blockchain cryptocurrency Compliance 139

PYMNTS

FEBRUARY 6, 2019

In regulatory efforts tied to blockchain, the British dependency Isle of Man has debuted a hub focused on blockchain development. The advisory for the self-governing dependency has established the Blockchain Office, reported Cointelegraph , and has set up a sandbox that looks toward future regulatory frameworks.

blockchain 191

blockchain social media Groups Fintech 191

PYMNTS

FEBRUARY 13, 2019

The company noted that it still needs to gain approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, which issued regulations for crypto exchanges last summer. The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain.

blockchain 128

blockchain Fintech Bitcoin cryptocurrency 128

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. According to the banks that have linked with FinTech firms, such guidelines would help relationships between the parties.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

AUGUST 25, 2016

The World Federation of Exchanges (WFE) said there needs to be clarity over blockchain regulations before adoption can become more widespread. Reuters reported Thursday that the consortium polled its members, among them large banks, and the lure of the technology remains intact, as it would cut trading costs.

blockchain 100

blockchain Regulation Survey Technology 100

Bank Innovation

SEPTEMBER 27, 2017

Fintechs are partnering with banks, banks are using blockchain technology, artificial intelligence, and cryptocurrency and financial regulation is still undergoing massive changes. 2017 has been a […].

Innovation 360

Innovation cryptocurrency blockchain Fraud 360

PYMNTS

OCTOBER 29, 2019

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.

Bitcoin 103

Bitcoin blockchain cryptocurrency Lending 103

PYMNTS

NOVEMBER 7, 2019

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.”. “If And technology investment pioneer Glenn Hutchins is betting on blockchain.

blockchain 102

blockchain Bitcoin Regulation New York 102

PYMNTS

AUGUST 21, 2019

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts.

Fintech 174

Fintech Guidelines Policies Regulation 174

PYMNTS

JULY 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations.

blockchain 105

blockchain Bitcoin Delaware Illinois 105

PYMNTS

SEPTEMBER 25, 2019

In the continued drive for collaboration between the FI and FinTech, between governments and financial services providers, efforts this past week focused on the Middle East and support for new initiatives. The company said that Form3 and Ebury are offering access to respective banks and FinTechs through the Form3 platform.

Fintech 158

Fintech Innovation blockchain Data 158

PYMNTS

MARCH 14, 2018

.” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. This balance of optimism and realism is taking over the blockchain space as of late. But the segment also warned to temper the hype with healthy skepticism.

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

SEPTEMBER 26, 2016

The newspaper cited Ripple’s use of blockchain technology and the ability of two small banks, one in Canada and one in Germany, to complete cross-border online transactions in record time as an example of the latest banking innovations. But some banks are competing with the FinTechs. trillion in 2014 to $2.3 trillion in 2019.

Regulation 100

Regulation Fintech blockchain Mobile 100

PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk. It would then use the information to recommend products.

Bitcoin 131

Bitcoin Fraud Regulation social media 131

PYMNTS

JUNE 29, 2017

While blockchain technology can be tough to regulate, it is making small strides into mainstream use. Some countries are timid about venturing into blockchain due to its tough-to-regulate persona. However, there are signs that blockchain is making strides toward mainstream use.

blockchain 123

blockchain Technology Regulation Software 123

PYMNTS

NOVEMBER 14, 2018

Ant Financial , the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. His comments come as Ant Financial recently unveiled a new brand that is aimed at selling technology services to financial firms, including banks. We never have a timetable for that.

Technology 146

Technology Company Regulation Maine 146

Payments Source

SEPTEMBER 2, 2020

The OCC’s efforts to bring the technology into the financial mainstream could help people in underserved communities execute payments more securely.

Regulation 140

Regulation blockchain Community Security 140

Bank Innovation

NOVEMBER 14, 2017

The finance landscape is witnessing some significant changes and disruptions due to fintech companies, blockchain technology, and AI. Here is a […].

Innovation 284

Innovation Meeting blockchain Regulation 284

PYMNTS

OCTOBER 9, 2019

Regulations include transparency that shows economic fortitude. BoE Governor Mark Carney said in May that the central bank should gear up for a “fourth industrial revolution” that includes at least some impact to payments, chiefly through blockchain and decentralized systems. authorities should use their powers accordingly.”.

Regulation 111

Regulation Policies blockchain Exercises 111

PYMNTS

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

blockchain 100

blockchain US Regulation National 100

PYMNTS

FEBRUARY 23, 2017

Banks and FinTechs are going in on blockchain technology , as two separate reports released earlier this month conclude. Analysis from Corporate Insight and Infosys Finacle say banks and FinTechs are readying increased involvement and investment in distributed ledger technologies.

Fintech 115

Fintech blockchain Survey Technology 115

PYMNTS

NOVEMBER 22, 2017

The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed ledger initiatives from the private and public sectors took major steps forward. Nearly two-thirds of that funding will go toward blockchain startups, reports added.

blockchain 134

blockchain Fintech Innovation Report 134

PYMNTS

JUNE 16, 2018

Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, reports in CoinDesk said Friday (June 15). Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper.

blockchain 113

blockchain National New York cryptocurrency 113

PYMNTS

JULY 19, 2018

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk.

Fintech 117

Fintech blockchain Technology Examples 117

PYMNTS

JULY 5, 2018

It seems that blockchain may never leave the lab and enter the real world. And, indeed, this week’s Blockchain Tracker continues its coverage of ongoing tests and trails of blockchain solutions. The FRL appears to be taking a cautious approach to the technology. Testing Continues. This week, the U.K.

blockchain 117

blockchain Compliance Technology Regulation 117

PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Alas, there is no such thing as a sure bet, especially in the world of FinTech. The reality is not quite so great.”.

blockchain 124

blockchain Bitcoin cryptocurrency New York 124

Bussman Advisory

MARCH 10, 2023

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance?

social media 52

social media Regulation Fintech blockchain 52

PYMNTS

DECEMBER 17, 2020

In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. UK FinTech GoCardless Raises $95 Million Led By Bain. UK FinTech GoCardless Raises $95 Million Led By Bain.

Fintech 142

Fintech US Payments United States 142

PYMNTS

DECEMBER 14, 2018

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018, the consensus was all about collaboration , particularly between banks and FinTech firms. “The modern-day client expects a seamless transaction experience,” he said.

Fintech 192

Fintech Payments Innovation Regulation 192

Chris Skinner

SEPTEMBER 18, 2017

As part of the blockchain conference, I chaired a session with some central bankers talking about their views on distributed ledger technologies. These central banks have run trials and are thinking about it, but none of them are particularly big on blockchain right now.

Bitcoin 296

Bitcoin blockchain Conference Regulation 296