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Finovate Fall 2017 Day One: Data Analytics, ID Verification, and Cybersecurity

Bank Innovation

Finovate kicked off its 2017 Fall conference with demos from about 40 financial technology companies on its first day yesterday in New York.

Analytics 252
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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems. The system will come fully online in the city by 2021, according to the MTA.

Payments 304
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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion.

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Bankers: What Problem Are You Trying to Solve?

Jeff For Banks

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

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Mersch: ECB Will Focus On ‘Game Changer’ Retail CBDC

PYMNTS

Ready to embrace financial technological innovation which has the potential to transform payments and money faster, and in more disruptive ways, than ever before,” he said. Mersch pointed out that central banks are focused on wholesale CBDCs because retail could rattle the entire global financial system. We have to be ready.

Retail 130
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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange.

Apple 159
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Japan’s Mizuho Launching FinTech Venture

PYMNTS

Reuters noted that Yamada wouldn’t say more about the projects but did say the venture is gearing up to conduct an export transaction in June using blockchain technology. The transaction will enable parties to exchange documents online instead of getting hard copies.

Fintech 100