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Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 

PYMNTS

We’re proud to deepen our relationship with Phillips 66 and to leverage its powerful market presence, which has expanded nationally over the last few years,” said Jay Collins, Senior Vice President and General Manager of Small Business and Channel Partnerships at WEX in a press release.

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FinTech Firms On The New FinTech Charter

PYMNTS

financial system around a set of core principles, offered guidance and recommendations that have long bounced around the FinTech space, and which no doubt already command the support of many executives. The report , released in support of President Trump’s call to regulate the U.S. Additionally, the report calls upon the U.S.

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Data Dive: The Things Edition – Stripe, Starbucks And The Comptroller’s Concerns

PYMNTS

Stripe is currently valued north of $1 billion and is active in 25 nations. The firm has been in business since 2010 and makes its money charging a small fee on every card transaction it processes. “If If we can help a business double [its] sales, then it doubles our revenue from that business,” Collison noted.

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A Look at the First Week of Nasdaq’s Fintech Index

Fintech Labs Insights

While many of you were busy catching Pikachu last week, you may have missed that Nasdaq, in collaboration with KBW, launched an index to track financial technology. Officially named KBW Nasdaq Financial Technology Index (KFTX) , the fund tracks 49 fintech companies, including 17 Finovate and FinDEVr alums. Fiserv (FISV).

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AI, Security And Loosened Rules: How The US Wants To Boost FinTech

PYMNTS

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. financial technology efforts. Treasury Department. FinTech Growth.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

From crawling financial documents to simplifying how users manage their money, chatbots are creating more efficient financial technology on both the back- and front-end. Approximately 1 in 5 Americans (nearly 47M people) lives with some form of mental illness, according to the National Institute of Mental Health.

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 Dodd-Frank Looms For Capitol Hill Consideration

PYMNTS

Dodd-Frank , the controversial 2010 legislation that came in the wake of the financial crisis that was in the crosshairs of the Trump administration from the start, seems to be resting a bit easy at the moment – but perhaps just for the moment. . Talk of regulatory reform is normal discourse on the Hill.