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This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Our guest for this week’s podcast is Paul Watkins, Director of the CFPB’s Office of Innovation. The Office has taken over the Bureau’s work that was formerly done under Project Catalyst, the initiative launched by the CFPB in 2012 for facilitating innovation in consumer financial products and services.

Arizona 60
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Innovation versus consumer protection: emerging battle lines

CFPB Monitor

The announcement by the Office of Comptroller of Currency that it will allow financial technology (fintech) companies to apply for national bank charters as way of fostering “responsible innovation” has already drawn fire from the New York Department of Financial Services (DFS) and the Conference of State Bank Supervisors (CSBS). .

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Tech Center: Dubai Takes A Front Row Seat To FinTech Growth

PYMNTS

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. As of 2012, Dubai was the 22nd most expensive city in the world and the most expensive city in the Middle East. FinTech Hive Generates Buzz. 2016, the inflation rate was 0.12

Fintech 100
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Plaid Technologies Scores $44M Off Goldman Sachs-Led Round

PYMNTS

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Or, said more simply, Plaid provides an API layer that sits between banks and FinTech innovators who want to access bank account information for what they are doing and makes the connection possible.

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Money 20/20 Has Emerged As The Must-Attend Fintech Event for 2016

William Mills

Today, Money 20/20 is making a big splash in the Fintech space. Money 20/20 isn’t a traditional banking/Fintech trade show, but bills itself as “the largest global event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology.”

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Fenergo Brings its Client Lifecycle Management Innovations to ABN AMRO

Fintech Labs Insights

“Fenergo is the technology platform that will underpin this initiative.” ” Pictured: Fenergo CEO Mark Murphy demonstrating Deal Manager at FinovateEurope 2012. Earlier this month Fenergo announced a deal to deploy its Client Lifecycle Management technology with HSBC Group.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed fewer than 25 investments in aggregate between 2012 and 2014. XL Innovate. Here are a few takeaways from analyzing the graph below, which encompasses over 125 deals: Of the 12 P&C insurers analyzed, Ping An and AXA have been the most active since 2012. Number of investments (since 2012): 2.