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Navigating China’s New Regulatory Terrain

PYMNTS

Back then, FinTechs asked for forgiveness instead of permission, rushing headlong into markets, disrupting them and operating in newly invented spheres of finance that regulators barely understood. The party always ends, however, and governments have caught up to all that wild innovation. Now, they’re laying down the law.

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Model Bank 2017: Some First Impressions

Celent Banking

Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.

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

South State Correspondent

The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming. Banks will need annual authorization to use the data and will need to “minimize” the data that is being used to just the essential elements, thereby putting a crimp in future bank marketing efforts.

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Finastra and Visa announce global BaaS offering integrating Visa Direct

Bobsguide

The out-of-the-box processing capability offered by Finastra’s Payments Hub solutions, enabled by Visa Direct and available on premises or in the cloud as SaaS, will enable banks to bypass these complexities with an integration to the Visa network through Finastra’s FusionFabric.cloud open development platform. Global Head of PR.

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Trust Bank Onboards 450K Customers in 5 Months using FICO Platform

FICO

Trust acquired 100,000 customers in just ten days after it launched in September 2022 and exceeded 450,000, equivalent to 9 percent of the Singapore market, within just five months. You can read more about this digital customer onboarding story in the full media release. FICO Platform helps us to deliver that edge.”

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What The World Can Learn From New Zealand FinTech

PYMNTS

The overarching approach has been to bring API standards to bear so that financial firms can speed the time it takes to bring new products and services to market. Open Banking will create the infrastructure for innovation,” van Dam said. Challenges abound, of course, just as they do in any market. Probably the U.K.

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Conference Alert: New Fintech Event to Focus on AI (duh!)

Fintech Labs Insights

This time around he’s going after an even bigger market, AI in financial services. The event is organized by industry veteran Bruce Burke who first landed on the events radar with his well-timed Social Mobile Payments conference launched in 2011.