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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

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Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” This time around, Sweetbridge is using blockchain in a lending context.

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PYMNTS Payday Lending Primer

PYMNTS

Which brings us to payday lending and its proposed regulation – a subject that has turned out to be the Berserk Button for a shocking number of consumer right advocates, congressmen, regulators, Senators, preachers, industry representatives business people and consumers. So why all the fuss? The Typical Payday Lender.

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Short-Term Lenders Hope For A Long-Term Future

PYMNTS

That’s because as the panel of experts assembled at Innovation Project 2017 last week at Harvard pointed out, the consumer who makes use of short-term lending: Likes them, Needs them and. Those regulations as currently proffered, they said, dictate the products on offer, which in turn limits the degree to which they can be innovated.

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Best Community Banks to Work For 2022

Independent Banker

In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. size businesses and individuals throughout Illinois, Wisconsin, Indiana and Florida. What great resignation? LESS THAN $250 MILLION. By Roshan McArthur.

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Payday Lending’s Long, Strange Trip Through 2016

PYMNTS

The Problem With PayDay Lending . But short-term lending — in all its many forms, including payday loans, auto-title loans and some installment loans — is especially good at arousing passion in those who debate it. The PMYNTS PayDay Lending Primer. The Whos, Whats, Wheres, Whens, Whys and Hows Of Short-Term Lending).

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