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Adam Wright joins CA DFPI’s Office of Financial Technology Innovation; meetings available during weekly office hours

CFPB Monitor

AB-1864, which took effect on January 1, 2021 and significantly expanded the powers of the California Department of Financial Protection and Innovation, required the DFPI to establish a “Financial Technology Innovation Office.”. These discussions may include regulatory questions.

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Deutsche Boerse goes live with spot crypto trading | Meta is building a giant AI model for videos | X could soon receive payment licenses in NY & CA

Bussman Advisory

The latest edition of the FinTech Ecosystem Newsletter is here : Join our Community Join our community of 52,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. More information on www.bussmannadvisory.com.

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Looking Beyond The Card To Drive Commercial Adoption

PYMNTS

In this week's Commercial Card Innovation Tracker, PYMNTS rounds up the latest innovations that showcase how industry players are looking beyond the card itself — and toward API integrations and value-added features — to encourage corporate card use. Ro Khanna (D-CA) and Anthony Gonzalez (R-OH). Brex Broadens Partnership Base.

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CA and NY governors propose expansion of state consumer financial protection regimes

CFPB Monitor

Establishing a new Financial Technology Innovation Office. Licensing and examining new industries “that are current under-regulated”. Protecting consumers through enforcement against unfair, deceptive, or abusive activities. The budget includes a $10.2 million Financial Protection Fund and 44 positions in 2020-21, growing to $19.3

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. This bill of “personal financial data rights” is similar to the California Privacy Protection Act that is already in force for banks doing business in CA.

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NEW REPORT: Is Security Holding Omnichannel Banking Back?

PYMNTS

In the inaugural issue of the Omni Security And Authentication Report , PYMNTS explores how banks are using technologies like artificial intelligence (AI) and neural networks to identify and build customer profiles and safeguard themselves and their customers against the rising threat of fraud. About the Report.

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How Payments Security Drives Digital Transformation

PYMNTS

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Payments had been relatively static with innovation around cash, checks and credit cards.

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