American Banker

SEPTEMBER 6, 2023

Two more Fed nominees are expected to get confirmation votes this week. Philip Jefferson was the Biden administration's pick for the Fed's number two position following the departure of Lael Brainard earlier this year.

Policies 83

Policies Compliance Regulation 83

CFPB Monitor

JUNE 15, 2021

Today, by a vote of 69-28, the full Senate confirmed Lina Khan to serve as FTC Commissioner. Khan’s confirmation means the Democrats now hold a 3-2 Democratic majority, with the Democratic Commissioners consisting of Ms. Khan will fill the FTC seat vacated by former FTC Chairman Joseph Simons.

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The Paypers

JUNE 8, 2023

UK-based Payment Systems Regulator (PSR) has confirmed new requirements for banks and payment companies to ensure reimbursement for victims of APP fraud.

Fraud 66

Fraud Regulation System Payments 66

PYMNTS

NOVEMBER 13, 2018

Target confirmed the scam to The Next Web’s Hard Fork, saying in an email that “the access lasted for approximately half an hour and one fake tweet was posted during that time about a bitcoin scam.”

Bitcoin 180

Bitcoin cryptocurrency Retail Report 180

PYMNTS

JUNE 18, 2020

Wirecard has postponed publication of its 2019 annual report after disclosing that its auditor can’t confirm the existence $2.1 billion in trust accounts — or about a quarter of the value on the company’s books.

Report 130

Report Regulation Groups Company 130

Payments Source

AUGUST 13, 2020

The Philippines confirmed a former Asian executive of disgraced German payments firm Wirecard AG, who is part of an ongoing investigation, has died.

Payments 125

Payments 125

The Paypers

JANUARY 30, 2024

UK-based corporate-to-bank integration provider AccessPay has announced the launch of its embedded Confirmation of Payee and Sanctions Screening products.

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CFPB Monitor

OCTOBER 1, 2021

Senate confirmed Rohit Chopra yesterday as CFPB Director. By a 50-48 party line vote, the U.S.

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Payments Dive

APRIL 5, 2024

a spokesperson confirmed Friday. The specialty grocer, which operates the checkout tech at just two stores, will follow the same path as Amazon Fresh stores in the U.S.,

Technology 221

Technology Operations 221

The Financial Brand

MARCH 6, 2024

This article CFPB Confirms Overdraft is Here to Stay appeared first on The Financial Brand. This article CFPB Confirms Overdraft is Here to Stay appeared first on The Financial Brand. Rather than threatening overdraft services, the CFPB's proposed rule shows that it acknowledges the value of these programs.

Branding 31

Branding Banking Trends Trends Strategy 31

Bank Innovation

JULY 14, 2017

Fast growing alternative banking app Revolut confirmed this week that it had raised $66 million in a Series B Round, and said it would be adding cryptocurrency trading and a new wealth product. As Bank Innovation reported earlier this month, the London-based startup was on pace for a big fund raise. In a news release, […].

cryptocurrency 210

cryptocurrency Bitcoin Fintech Innovation 210

CFPB Monitor

MARCH 18, 2021

Despite wide-spread expectations that the full Senate will confirm Rohit Chopra as CFPB Director before the end of this month, we now understand that the Biden Administration is likely to seek a delay in Mr. Chopra’s confirmation until it fills the FTC vacancy created by the resignation of former Chairman Joseph Simons. .

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Payments Dive

MARCH 18, 2024

The Canadian payments company confirmed it’s in talks about a potential transaction with a third party, noting the committee will explore possibilities.

Payments 221

Payments Company 221

Payments Source

JULY 1, 2020

s six major banking groups are now required to have implemented the new Confirmation of Payee (CoP) scheme for Faster Payments and Chaps as part of a regulatory push to tackle the rampant rise in Authorized Push Payment (APP) fraud.

Fraud 117

Fraud Groups Payments 117

Bank Innovation

DECEMBER 7, 2016

R3 founder and CEO David Rutter confirmed Tuesday that the blockchain consortium would be closing on $150 million funding round in early 2017. In an interview at Techcrunch Disrupt in London, Rutter also said he expected its leading-edge product Corda to be put into use late next year, and for Read More.

blockchain 150

blockchain Capital Compliance 150

CFPB Monitor

MARCH 31, 2022

Supreme Court has decided that the “look-through” approach often used in determining whether federal jurisdiction exists to decide motions to compel arbitration filed under Section 4 of the FAA does not apply to motions to confirm or vacate arbitration awards filed under Sections 9 and 10 of that statute.

Exercises 78

Exercises United States Policies 78

Payments Dive

APRIL 30, 2019

Smart payments are on the rise and consumers now have the option of making payments via mobile devices like voice assistants, household appliances like Wi-Fri fridges or even their car dashboard. Download this report from TNS to discover which country is leading the way in adopting smart payments.

Payments 150

Payments Mobile Report 150

The Paypers

MAY 23, 2023

Jamaican officials have confirmed the development of a digital marketplace that aims to promote the adoption of the JAM-DEX central bank digital currency (CBDC).

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American Banker

OCTOBER 30, 2023

government confirmed plans to regulate cryptoasset activities more strictly, bringing them under the same regime as traditional financial services.

Regulation 36

Regulation cryptocurrency Compliance Payments 36

The Paypers

NOVEMBER 8, 2023

UK-based payment solutions company Clear Junction has launched Confirmation of Payee (CoP) service to increase the security of transactions amid rising APP fraud.

Fraud 36

Fraud Security Payments Company 36

CFPB Monitor

APRIL 19, 2021

If confirmed by the Senate, Ms. We understand that the White House wishes to delay Mr. Chopra’s confirmation as CFPB Director until Ms. Khan is confirmed to avoid the 2-1 Republican majority that would result if Mr. Chopra were to resign from the FTC before Mr. Simons’ seat is filled.

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American Banker

JANUARY 25, 2021

Janet Yellen was confirmed by the U.S. Senate as the country's 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic.

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PYMNTS

JUNE 13, 2018

” However, Ripple scored another win this week when American Express (Amex) confirmed it is collaborating with the company, as well as Spain bank Santander , to develop a blockchain platform.

blockchain 112

blockchain Report Technology Tools 112

The Paypers

JUNE 28, 2023

Lithuania ’s main fintech representatives have just signed a Memorandum of Understanding confirming the country’s National Fintech Guidelines for 2023-2028.

Guidelines 36

Guidelines National Fintech Maine 36

The Paypers

JANUARY 18, 2023

Financial technology provider Bottomline has launched a fraud prevention solution, Confirmation of Payee (CoP) for businesses to fight authorised push payment (APP) fraud.

Fraud 36

Fraud Financial Technology Technology Payments 36

PYMNTS

APRIL 2, 2018

Equifax , the credit reporting company still suffering the aftermath of a massive data breach last fall, has confirmed it sent out notification letters to victims that are erroneous. As a result of ongoing analysis of data stolen in last year’s cybersecurity incident, we announced on March 1 that we had confirmed the identities of U.S.

Leadership 119

Leadership Data Analysis Operations 119

PYMNTS

MAY 8, 2017

02 , the mobile phone seller, confirmed it was the target of hackers that exploited a weakness in a protocol used by telecom networks for two-factor verification. The weakness in the protocol has been known about since around 2014, noted the report.

Mobile 108

Mobile Data Report Retail 108

The Paypers

APRIL 20, 2023

Payment verification solutions provider SurePay has launched an online portal that enables UK-based banks and payment service providers (PSPs) to perform Confirmation of Payee checks.

Online 36

Online Payments 36

PYMNTS

AUGUST 29, 2018

Air Canada, the Canadian airline operator, confirmed to TechCrunch on Wednesday (August 29) that its mobile app suffered a data breach. According to news from the site, Air Canada said the data breach of its mobile app affected approximately 20,000 people — or about 1 percent of the 1.7 million people who use the app.

Data 101

Data Mobile Cards Operations 101

Bank Innovation

APRIL 27, 2017

JPMorgan Chase just became the latest bank to leave the R3 Consortium behind, due to “technological differences,” which went against R3’s roadmap.

Innovation 236

Innovation Technology Management blockchain 236

CFPB Monitor

DECEMBER 6, 2018

This afternoon, by a vote of 50-49, the Senate confirmed Kathy Kraninger as CFPB Director. Pursuant to the Dodd-Frank Act, the CFPB Director has a five-year term. The approximate 12 months during which Mick Mulvaney has served as Acting Director since former Director Cordray’s resignation last November does not count against Ms.

National 90

National 90

American Banker

DECEMBER 2, 2020

The confirmation ensures Republicans will hold the majority vote at the credit union regulator until at least 2023.

Regulation 63

Regulation 63

American Banker

SEPTEMBER 7, 2023

The World Bank director and former top Labor Department economist will become the first Fed governor of Hispanic descent and will give the board a full compliment of members since former vice chair Lael Brainard resigned in February.

Policies 78

Policies Compliance Regulation 78

CFPB Monitor

MAY 19, 2021

The question presented is “[w]hether federal courts have subject matter jurisdiction to confirm or vacate an arbitration award under Sections 9 and 10 of the [Federal Arbitration Act (“FAA”)] where the only basis for jurisdiction is that the underlying dispute involved a federal question.”. Walters , No. 20-1143 on May 17, 2021.

United States 78

United States Groups 78

PYMNTS

MAY 1, 2017

The partnership also reportedly includes the introduction of AmazonFresh food deliveries in Germany starting in April, which Appel confirmed. The hub will accommodate Amazon’s growing fleet of Prime Air cargo planes and work to address the growing delivery demand from Prime customers.

Kentucky 117

Kentucky Online Meeting Maine 117

CFPB Monitor

JANUARY 31, 2022

The New York Senate has confirmed Governor Hochul’s nomination of Adrienne Harris to serve as Superintendent of the state’s Department of Financial Services. Harris has been serving as Acting Superintendent since the departure of her predecessor, Linda Lacewell, in August 2021.

Washington 78

Washington New York Policies National 78

PYMNTS

MARCH 9, 2017

While the source did not confirm any potential investors and the exact valuation, they did say that Flipkart hopes the number reaches the “double digits,” meaning a valuation of $10 billion or more. A Flipkart spokesman declined to provide a comment on the market speculation.

Maine 100

Maine Strategy Marketing Company 100