PYMNTS

FEBRUARY 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. Regulators, however, have been hesitant to offer any heavy regulation on the industry. Regulators, however, have been hesitant to offer any heavy regulation on the industry.

Regulation 101

Regulation Fintech Training Innovation 101

PYMNTS

MARCH 26, 2018

and Australia are strengthening an existing collaborative agreement to promote FinTech innovation, according to reports in Mondo Visione. The regulators will also continue to facilitate communication to support one another’s Innovation Hubs, reports noted. For instance, if a company is already participating in the U.K.’s

Innovation 100

Innovation Fintech Regulation Strategy 100

PYMNTS

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. Regulators also called out the tech company’s warranty terms for not covering water damage. But there is growing consensus in the U.K.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

FEBRUARY 9, 2017

Small business finance is one of the most competitive, innovative and challenging markets in which to operate. That dedication and focus is what led Fundbox to secure gold in the PYMNTS.com Innovation Project 2016 Awards category of Best Small Business Innovation. We think of ourselves as providing innovative solutions.

Innovation 100

Innovation Fintech Regulation Lending 100

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

Innovation 145

Innovation System Mobile Trends 145

ZootBlog

JANUARY 14, 2016

Over the past several years as banks focused on staying in compliance with myriad new regulations, innovation slowed—nearly to a standstill. In 2016 equilibrium will start to take place as the financial industry embraces the tremendous potential technology holds for them and innovation finds its way back.

Innovation 73

Innovation Industry blockchain Customer Experience 73

Bank Innovation

FEBRUARY 16, 2016

2015, CEO Francisco Gonzalez said, “Some bankers and analysts think that Google, Facebook, Amazon or the like will not fully enter a highly regulated, low-margin business such as banking. BBVA has a lot more going on than Simple, cool as that acquisition was. I disagree. What is more, Read More.

Branding 170

Branding Google Regulation Capital 170

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

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PYMNTS

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 191

Innovation Data Fintech Exercises 191

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Sarah Clark, general manager, identity, Mitek … Payments 2016: The Year Mobile, Biometrics And Trust Converged.

Mobile 109

Mobile Payments eBook User Experience 109

CFPB Monitor

MAY 18, 2016

In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.

Innovation 68

Innovation Washington Risk Management Fintech 68

PYMNTS

DECEMBER 29, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of …” eBook. Payments 2016: The Year Of “Hesitation”. Regulation must catch up. Payments will be part of it, but perhaps not in the way we think it will.

Payments 108

Payments eBook Industry Cards 108

Bobsguide

MARCH 20, 2016

Even though we are only in the third month of the year, trading tech has exploded and developments in innovation are set to flourish in 2016. After the flash crash in 2010 which resulted in the Dow Jones index losing 9% of its value in 20 minutes, US regulators introduced circuit breakers that would.

Regulation 60

Regulation Innovation US 60

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging. An Ecosystem By Any Other Name. Substitute producer for buyer or supplier. Consumer for the end user.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

DECEMBER 27, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Emergence Of The Global Citizen. 2016 saw more people transacting across borders in larger sums than ever before.

Payments 113

Payments eBook Regional Study 113

Bank Innovation

MARCH 10, 2016

Is there a way to prevent regulators from derailing a bank’s fintech initiatives? Jill Castilla, president and CEO of Citizens Bank of Edmond, located in Edmond, Okla., says there is.

Regulation 150

Regulation Fintech Community Strategy 150

CFPB Monitor

JANUARY 3, 2019

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

Arizona Innovation Policies United States 60

CFPB Monitor

SEPTEMBER 29, 2016

on November 14, 2016 to discuss financial technology innovation in the financial services industry. The Securities and Exchange Commission has announced that it will host a public forum in Washington, D.C.

Innovation 60

Innovation Fintech Washington blockchain 60

CFPB Monitor

OCTOBER 6, 2016

As expected, the new regulations expand the products covered by Regulation E, introduce significant new disclosure requirements, extend consumer liability protections to prepaid accounts and add onerous requirements for accounts with overdraft or credit features. On November 17, 2016, from 12 p.m.

Regulation 83

Regulation Analysis Cards Innovation 83

PYMNTS

FEBRUARY 24, 2020

The country’s government and regulators are keeping pace with those in the European Union and the U.S. as they upgrade their online data and financial rules to support global digital banking innovations. Confronting the Chinese Privacy Myth . In China, there is [an] ever-shifting gray line,” Chorzempa said. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

JANUARY 13, 2017

was valued over $100 billion in 2016. But with so many unknown questions about how the technology functions, greater regulation may be required to help governments and the public trust and accept it. and why they believe the technology should be regulated. Regulation required. Census Bureau , trade between the U.S.

Regulation 100

Regulation blockchain Payments Technology 100

PYMNTS

DECEMBER 14, 2018

Facebook, for example, has faced controversy since consumers learned that it allowed Cambridge Analytica to harvest information from approximately 87 million profiles without consent during the 2016 presidential election. More Data, More Innovation. Other data-focused regulations also went into effect this year.

Payments 180

Payments Regulation Data Security 180

Bank Innovation

AUGUST 7, 2017

consumers paid in overdraft fees in 2016. Although regulations require banks to get the consent of a […]. The Consumer Financial Protection Bureau (CFPB) wants the U.S. consumer “to know before you owe” banks overdraft fees. So how much do consumers owe?

Regulation 252

Regulation Report Cards Lending 252

American Banker

JANUARY 6, 2017

Regulators here made strides to encourage innovation in 2016, while Brexit cast doubt on the London fintech boom. Yet the cross-Atlantic payments battle is just beginning.

Innovation 47

Innovation Payments Regulation Fintech 47

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., “Now more than ever, enterprises need solutions that can quickly process large sets of data,” said Redis Labs CEO and Cofounder Ofer Bengal in a statement.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Financial Inclusion.

Trends 100

Trends Retail Fraud Mobile 100

Celent Banking

JUNE 15, 2016

The panelists were Paolo Cederle, CEO, UniCredit business integrated solutions; Christophe Chazot, group head of innovation, HSBC; and Damian Pettit, RBS head of payment operations. I had the honor of moderating day two’s strategic roundtable discussing future challenges and opportunities for banks.

Payments 100

Payments blockchain Technology Security 100

PYMNTS

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to view the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 100

Innovation Data Fintech Exercises 100

Bank Innovation

SEPTEMBER 14, 2017

banking regulator, the Office of the Comptroller of the Currency, is still in the “exploratory” phase with its new fintech charters. The office’s fintech charters were introduced in 2016, and sparked controversy within financial […].

Fintech 170

Fintech New York Conference Regulation 170

Celent Banking

OCTOBER 17, 2016

SWIFT’s global payments innovation (gpi) initiative: SWIFT announced that it had successfully completed the first phase of the gpi pilot, surprising some bankers with SWIFT’s ability to meet the first milestone so quickly. A selection of Sibos session recordings is available on the Sibos website.

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blockchain Conference Compliance Technology 100

PYMNTS

JANUARY 29, 2018

A report released in 2016 by Covercy found that small businesses in the U.K. That includes cross-border payments , he said, which have been the recent target of FinTech innovation, and which are headed for more disruption to come.

blockchain 102

blockchain Innovation Payments cryptocurrency 102

PYMNTS

MARCH 7, 2019

Merchants and customers are now transacting under PSD2 and GDPR in the European Union (EU) — regulations that allow a greater window into how customer data is being used. While these regulations are aimed at increasing consumer trust by allowing them more transparency, many consumers in the region are still adjusting.

Lending 198

Lending Regulation Regional Data 198

Bank Innovation

DECEMBER 13, 2016

It’s almost time to wave goodbye to 2016. This was a big year for fintech, with new regulations, new startups, and new technologies displayed across events like Sibos and Money20/20, making it clear that the progress of fintech can’t really be stopped. But how will it continue? That’s the real Read More.

Fintech 150

Fintech Regulation Technology Regional 150

CFPB Monitor

FEBRUARY 22, 2016

Ballard Spahr to conduct webinar on March 24, 2016 entitled “ CFPB Regulatory Certainty or Uncertainty? The CFPB has issued a final policy statement on issuing “no-action” letters (NAL) for innovative financial products or services. Consent Orders, Informal Guidance, and the New No-Action Letter Policy” Register here.

Policies 60

Policies Innovation Regulation Resources 60

PYMNTS

OCTOBER 6, 2020

The new risks and heavier use of remittance systems have also led to rapid changes in regulations. Prior to joining Transpay in 2016, Ayoub was based in Ireland as regional sales director, [and in] Turkey, [the] Middle East, South Africa and Russia at Dell EMC.".

Fintech 174

Fintech Regional Fraud Meeting 174

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. is nothing new.

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Regulation Boston Cards Innovation 181