PYMNTS

JANUARY 16, 2020

Bolt is a good example of European excellence in tech and innovation … the bank is very happy to support the company in improving its services, as well as allowing it to branch out into new service fields. Founded in 2013, the company was formerly called Taxify and rebranded to include additional offerings, like food delivery and scooters.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Those interviewed by the GAO also said that guidelines would be of help in making sure lending is done efficiently.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

SEPTEMBER 25, 2018

Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013. Viewed from high levels, the activity itself (lending, that is), has taken off in some of the countries one might expect, marked by relatively higher incomes, and where financial regulation might be relatively less stringent.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

JANUARY 28, 2019

Card networks, under pressure from regulators, modified their rules in 2013 to allow merchants to surcharge – basically ending the ban – under very specific conditions and with very tight parameters for how to calculate that surcharge. And then regulators are forced to backtrack. Innovation by Any Other Name.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

MAY 15, 2017

It should be a call to action to the cybersecurity regulators that, when innovation — even intellectually and technologically sophisticated innovation — goes off the rails, it’s time to give a good hard look with an eye to reining it way, way in. That means bitcoin. despite many other countries already giving it a thumbs up.

Bitcoin 155

Bitcoin Regulation Innovation Fintech 155

CFPB Monitor

FEBRUARY 22, 2016

The CFPB has issued a final policy statement on issuing “no-action” letters (NAL) for innovative financial products or services. The policy is part of “Project Catalyst,” the CFPB’s initiative launched in November 2012 for facilitating innovation in consumer-friendly financial products and services.

Policies 60

Policies Innovation Regulation Resources 60

PYMNTS

OCTOBER 17, 2019

The increase has the effect of stifling a global economy driven by innovation and new ideas. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Illicit trade in fake goods is a major challenge in an innovation-driven global economy. percent, up from 2.5

Fraud 101

Fraud Innovation Technology Mobile 101

PYMNTS

MARCH 8, 2017

According to the 2016 Electronic Payments Survey released by the Association for Financial Professionals, the use of checks is actually on the rise in B2B payments, compared to usage levels in 2013. But the industry’s reputation for being old-school could have reason to change soon. Enter the new PYMNTS.com B2B API Tracker™.

Report 191

Report Trends Innovation Industry 191

PYMNTS

OCTOBER 17, 2019

The increase has the effect of stifling a global economy driven by innovation and new ideas. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Illicit trade in fake goods is a major challenge in an innovation-driven global economy. percent, up from 2.5

Fraud 101

Fraud Innovation Technology Mobile 101

Chris Skinner

JUNE 16, 2017

And unlike an IPO, there is little or no government regulation of an ICO. “The first ICO was for Mastercoin in 2013. Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. Ethereum raised money with an ICO in 2014.

cryptocurrency 408

cryptocurrency Bitcoin Community Regulation 408

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

CFPB Monitor

OCTOBER 28, 2019

Established in 2013, CRC brings together a wide range of stakeholders—including consumer advocates, federal and state regulators, academic and industry thought leaders, creditors and debt collectors—to work on the development of ways to improve the consumer experience.

Resources 60

Resources Policies Compliance Industry 60

PYMNTS

OCTOBER 7, 2019

Agarwal, who founded OYO in 2013, will triple his interest in the firm with a $700 million investment to purchase new shares, bringing its valuation to $10 billion. Trending: How EU Regulators Are Complicating SCA Compliance. India Lodging Startup OYO Raises $1.5B Led by Founder, SoftBank. OYO announced a $1.5 PayPal Bails on Libra.

Google 110

Google Payments Washington Regulation 110

Independent Banker

FEBRUARY 28, 2023

Derek Williams and fellow Georgia community bankers at the 2013 ICBA Washington Policy Summit, now the Capital Summit. where he stayed for 15 years, from 1998 to 2013. We lost 90-plus banks to failure in between 2008 and 2013. He achieved it at 34 years old at First Peoples Bank in Pine Mountain, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

MARCH 28, 2017

Given this addition to the amount of alcohol consumers, there were 485 million people of drinking age in 2013. Euromonitor International’s research is predicting that because of this outlook combined with stricter regulations on stronger drink selections, craft beer is likely to see a surge.

Marketing 100

Marketing Innovation Retail Regulation 100

PYMNTS

AUGUST 24, 2018

Our knowledge and experience will help to build innovative new banking services for the bank that will transform it into a modern bank for the 21st century,” Moskvins said, according to the site. million of promissory notes the company says it issued between January 2013 and November 2013,” according to the site.

Colorado 101

Colorado Leadership Fintech Operations 101

PYMNTS

MAY 13, 2016

Because he believes there should be proper protection and regulation over them. How Bill Clinton’s administration dealt with the Internet in order to ensure it was not over-regulated. The point: to ensure laws and regulation would not negatively impact innovation. To regulate bitcoin or not to regulate bitcoin.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

OCTOBER 26, 2017

This thing is not regulated, it’s not under control.”. Prices recovered thereafter, but some argue the split demonstrated a vulnerability inherent in currencies without a central regulating authority. Bitcoins will undoubtedly rise in quoted value again, and also fall again,” wrote Michael Hiltzik in 2013.

cryptocurrency 101

cryptocurrency Bitcoin blockchain Regulation 101

CFPB Monitor

SEPTEMBER 27, 2016

Republican Congressman Patrick McHenry, Vice Chair of the House Financial Services Committee, has introduced the “ Financial Services Innovation Act of 2016 ,” which is intended to provide a streamlined regulatory process for innovative fintech products and greater certainty about compliance requirements.

Fintech 60

Fintech Innovation Compliance Policies 60

Accenture

SEPTEMBER 30, 2019

While getting the mix right is invaluable, the new marketing battleground is around leveraging customers’ data to fully tailor the targeting and delivery of a customer’s experience, whilst ensuring it is ethical and compliant with regulations such as GDPR. Your customers will thank you for it—and that’ll be reflected in your revenues.

Data 150

Data Customer Experience Analytics Case Study 150

Abrigo

AUGUST 6, 2019

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Like other FinCEN advisories, they contain common typologies, red flags to look for, and guidance on complying with FinCEN regulations to address those threats and vulnerabilities.

System 264

System Las Vegas San Antonio San Diego 264

PYMNTS

MARCH 27, 2018

Debt collectors have been the second-leading major generator of consumer complaints since the Consumer Financial Protection Bureau (CFPB) added them as an area that consumers could log complaints against in June 2013. But, TrueAccord’s Samet noted, regulating bad actors out of the segment is only half the battle.

Cards 120

Cards Regulation United States Leadership 120

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. Making it easier to comply with global regulations. Founded: 2013. The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Digital Assets.

Innovation 15

Innovation Fintech blockchain Capital 15

PYMNTS

JANUARY 23, 2017

With WFM shares down by more than half since their peak in 2013, some investors might be pining for the good, old days of growth — though relative stability is certainly nothing to balk at. According to the new regulations, organic farmers must, at a minimum, provide one square foot of outdoor space for every 2.25

Ohio 100

Ohio National Regulation Mobile 100

PYMNTS

SEPTEMBER 9, 2019

Other tactics include strategic investment in cybersecurity, government-led initiatives, and technological innovation — all in an effort to stay ahead of bad actors. Below, PYMNTS looks at some of the numbers behind changing cybersecurity strategies.

Strategy 180

Strategy Security Technology Data 180

PYMNTS

JULY 25, 2019

N26 was founded in 2013, launched in 2015 and now serves 3.5 N26 itself was recently chastised by German regulators for its related response to local consumers, for example. Legacy FIs may have more resources to spare, but they are also struggling with decades of outdated infrastructure when innovating their cyber defenses.

Fraud 164

Fraud Marketing US Resources 164

Alex Jimenez

AUGUST 28, 2018

"Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Fintech Growth. The Fintech Ecosystem. Fintech Revenue.

Fintech 40

Fintech Case Study Study Millennials 40

PYMNTS

NOVEMBER 22, 2019

In a feature story, PYMNTS spoke with Wahlburgers Senior Vice President of Marketing and Innovation Dan Wheeler about how the quick-service restaurant (QSR) works to meet the security challenges inherent in the mobile order-ahead space tapping into two-factor authentication and machine learning. In one salvo, U.S.

South Dakota 108

South Dakota Google Taxes Branding 108

PYMNTS

SEPTEMBER 8, 2016

Back in 2013, the FAA selected Virginia Tech, as part of the Mid-Atlantic Aviation Partnership (MAAP), to be one of six unmanned aircraft test sites. But first, expect evolved regulations on commercial drones and their delivery capabilities. Mark Blanks, director of MAAP, believes the opportunity will promote the exchange of data.

Google 100

Google Virginia Millennials Course 100

PYMNTS

FEBRUARY 13, 2017

By 2013, those numbers had deteriorated — and by a lot. The “crisis” in traditional retail is one we’ve documented very well over the years — flagging the issue of retail’s death spiral some three years ago when reports about the decline in foot traffic over the holiday season in 2013 surfaced.

Retail 134

Retail Innovation Maine Community 134

CB Insights

SEPTEMBER 22, 2017

Deals to regtech startups have increased steadily (if at times slowly) over the past few years, from 83 deals in 2013 to 147 last year. This briefing with cover financing trends for startups, corporate activity in the space, and innovative approaches to dealing with new regulatory complexities. RegTech Trends. Track regtech startups.

Compliance 46

Compliance Trends Software Capital 46

CFPB Monitor

SEPTEMBER 12, 2019

In addition, the CFPB has announced the creation of the American Financial Innovation Network (ACFIN) to facilitate coordination between the CFPB, other federal regulators, and state regulators and the CFPB’s issuance of the first NAL under the revised NAL Policy. TDP Policy.

Policies 60

Policies Compliance Regulation South Carolina 60

Banking 2020

JANUARY 27, 2016

per cent recorded in 2013. percent in 2013 and is expected to reach 27 percent in 2014. per cent in 2013. Meanwhile, Chinese online payment services Alipay reported more than half of transactions in the first 10 months of 2014 (54 per cent) came from mobile devices, up from just 22 percent in 2013. billion transactions.

National 40

National Mobile Technology Payments 40

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Digital banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JULY 5, 2017

Its abundance in payments and commerce is what inspires innovators to challenge a friction-filled status quo and create something new. But none rose to the level of the seriously friction-filled experiences that might motivate a would-be innovator to quit her day job and give up her life to solve for it.

Boston 124

Boston Regulation Innovation Study 124

CB Insights

FEBRUARY 20, 2018

Earlier this year, US regulators blocked what would have been a massive $1.2B Last year, China issued regulations on outbound investments that accelerated the decline in US investment. These regulations marked an attempt by the Chinese government to tighten controls on money and stabilize the yuan.

US 42

US United States Minneapolis Regulation 42

PYMNTS

JUNE 27, 2019

Founded in 2013, Nubank currently claims 8.5 The BCB has officially unveiled details of its newly developed blockchain platform, Pier, designed to facilitate information exchange between financial regulators. SoftBank declined to comment. million customers and is the largest online bank outside of Asia.

blockchain 147

blockchain Payments Regional America 147