PYMNTS

DECEMBER 28, 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 Capitulation . The year 2016 was the year of capitulation by FinTechs to the traditional banking industry. Regulation.

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Payments eBook Fintech Regulation 128

PYMNTS

DECEMBER 7, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. 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.

Apple 143

Apple Regulation Taxes Marketing 143

Abrigo

JULY 11, 2017

In December of 2016, the Consumer Financial Protection Bureau’s associate directors of the Office of Fair Lending expressed a new shift in priorities that will increase focus on small business lending, among other loan types.

Regulation 150

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PYMNTS

NOVEMBER 6, 2019

Facebook said it is going to enhance encryption capabilities on its Messenger communication platform, despite requests from lawmakers and regulators not to do so because of the potential result that pedophiles and criminals will be harder to track. The new changes have been lauded by civil rights organizations and technology experts, however.

Regulation 113

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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”. We see technology proven in mature markets such as in the U.K., Regulation must catch up.

Payments 108

Payments eBook Industry Cards 108

PYMNTS

MAY 2, 2018

Those tapes were supposed to be destroyed in May 2016. Sullivan said Commonwealth contacted its regulators. The investigation, for which the bank hired KPMG, also found no sign of any cyber breaches or that anyone had broken into the financial institution’s technology platforms, systems, services, apps or website.

Data 115

Data Video Fraud Regulation 115

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

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

PYMNTS

JANUARY 12, 2020

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ) reported on Saturday (Jan. He said repairing problems pointed out by regulators is his “first priority.”

System 147

System Regulation Resources Meeting 147

PYMNTS

MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. “Distributed ledgers are a neat, new technology that are a source of truth,” one panelist said.

Innovation 100

Innovation Security Industry blockchain 100

PYMNTS

JANUARY 13, 2017

was valued over $100 billion in 2016. Payment solutions powered by blockchain technology are showing promise in getting payment delivered across borders at a much faster rate. 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.

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Regulation blockchain Payments Technology 100

PYMNTS

JULY 30, 2019

Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies. Orderscape is also working on voice-activated ordering technologies.

Technology 119

Technology Mobile Google Software 119

PYMNTS

MARCH 22, 2017

Within banking, SolarisBank garnered $28 million, with venture capital provided by Arvato Financial Solutions, among others, which will be taken to expand the European technology platform, furthering geographic reach. Cannabis Dispensary Software-as-a-Service Provider Baker Technologies Raises $3.5M.

Technology 119

Technology Colorado Tools Denver 119

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? Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. In January 2016, the FTC issued a report warning that certain uses of big data consisting of consumer information may implicate various federal consumer protection laws.

Report 68

Report Big Data Lending Survey 68

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

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

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

Celent Banking

OCTOBER 17, 2016

I’ve finally recovered from a hectic week in Geneva, where I met with over 40 banks, technology companies, and consulting firms to discuss what’s happening in global transaction banking. The fall conference season is a business time for us in the industry research business.

blockchain 100

blockchain Conference Compliance Technology 100

Celent Banking

JUNE 15, 2016

Hosted by the European Banking Association and Finextra, EBAday attracts payments professionals from leading financial institutions and technology providers. ” Sessions focused on the dilemma facing the payments industry – enhancing existing payment models while preparing for alternative payments and technology.

Payments 100

Payments blockchain Technology Security 100

PYMNTS

JULY 20, 2016

We’re a few weeks away from the opening ceremonies of the 2016 Summer Olympic games, to be held, this time, in Rio de Janeiro, Brazil. It’s a massive opportunity for cross-border commerce , and payments technology companies are taking advantage. “The Olympics are a global activity.”

Course 100

Course Payments Regulation Company 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. financial services sector as consumers embrace digital technology for the banking and retail industry.

Payments 180

Payments Regulation Data Security 180

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

JANUARY 24, 2021

At least at first, the regulations place requirements only on larger companies. Niraj Hutheesing , founder and managing director of Cygnet Infotech said in a prepared statement: “Cygnet Infotech is an established GST Suvidha Provider since 2016, and has developed comprehensive solutions for GST, eWay Bill, and other tax compliance solutions.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

JUNE 6, 2019

The database was published in 2016 with Microsoft saying it was the biggest facial recognition database that is publicly accessible. The move on the part of Microsoft comes as concerns are increasing about the use of facial recognition technology to monitor people and intrude on privacy.

Regulation 128

Regulation Training Video Technology 128

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Faster Payments will process 1.65bn txns, 15% higher than 2016 (1.4bn txns). External/Open APIs.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Faster Payments will process 1.65bn txns, 15% higher than 2016 (1.4bn txns). External/Open APIs.

Payments 150

Payments Bitcoin Samsung Fraud 150

Bobsguide

DECEMBER 27, 2016

Regulating Data, Digital Labourers and the Disconnected. What happens when new technology can’t keep up? At MarkLogic’s World conference, CEO and President of the enterprise NoSQL big data platform provider, Gary Bloom, spoke about how IT can occasionally become a hindrance rather than.

Data 74

Data Big Data Conference Regulation 74

CB Insights

MAY 8, 2018

Even as the media storm around the sector has calmed, regulators are acting more aggressively and decisively, issuing subpoenas to bad actors and providing guidance to good ones. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. THE FUTURE OF BLOCKCHAIN TECH.

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

DECEMBER 20, 2018

Thankfully, regulators are taking notice, and are passing protection laws like the General Data Protection Regulation ( GDPR ) — enforced in April 2016 and implemented earlier this year — and parts of the Second Payment Services Directive ( PSD2 ), set to take effect in September. Around The PSD2 World.

San Francisco 187

San Francisco Regulation social media Data 187

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. What the future holds.

Innovation 73

Innovation Industry blockchain Customer Experience 73

PYMNTS

JUNE 24, 2020

The B2B firm said it works with “leading money transfer operators, mobile wallet operators and financial institutions to facilitate digital transactions without borders,” and is regulated in more than 45 countries around the world. That’s up from $601 billion in 2016.

Payments 243

Payments Fintech Course Operations 243

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

Bobsguide

DECEMBER 27, 2016

Regulating Data, Digital Labourers and the Disconnected. What happens when new technology can’t keep up? At MarkLogic’s World conference, CEO and President of the enterprise NoSQL big data platform provider, Gary Bloom, spoke about how IT can occasionally become a hindrance rather than.

Data 60

Data Big Data Conference Regulation 60

PYMNTS

JUNE 9, 2019

tech company on lobbying as the tech sector faces increased scrutiny and the potential for more regulation. million in 2017 and 2016. million in 2018, which is down a little bit from 2017 and much higher than in 2016. Google is spending more than any other U.S. million — which is up from $8.7 The report noted Apple spent $6.68

Google 115

Google Regulation Apple Report 115

PYMNTS

MARCH 1, 2018

28) reports by the Global Trade Review , the bank’s senior innovation manager, Joshua Kroeker, held a media call and announced that after developing the trade finance solution for about two years, HSBC is “confident enough to actually do a live transaction” using its blockchain technology. The technology has come a long way.

blockchain 198

blockchain Technology Tools Regulation 198