PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. In other news, regulators in the European Union are looking at initial coin offerings (ICOs) to determine if they need to be regulated, Reuters reported. telephone number management.”

blockchain 176

blockchain Bitcoin Regulation Security 176

PYMNTS

FEBRUARY 21, 2020

regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. LendingClub management said on the conference call that buying Radius provides access to capital beyond the traditional institutional investors that have helped fund the loans. Elsewhere, the U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

FICO

JANUARY 25, 2019

The additional costs and complexity for lenders when managing regulations governing mortgages. Regulation has traditionally focussed on capital adequacy, liquidity and credit standards. Capital adequacy and liquidity measures add to the fund and provisioning costs of a portfolio and can change the economics of individual deals.

Analytics 74

Analytics Lending Strategy Regulation 74

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

Abrigo

MARCH 25, 2020

Key Takeaways Banking regulators say short-term, COVID-19-related loan modifications shouldn't automatically be categorized as TDRs. Regulators also announced other guidance tied to reporting and risk-based capital rules. Regulators also announced other guidance tied to reporting and risk-based capital rules.

FDIC 150

FDIC Regulation Exercises Community 150

PYMNTS

APRIL 29, 2019

With first-quarter earnings reports rolling out, it’s time to take a look at the state of small businesses and how they fared for the first three months of 2019. middle-market in the recently released Golub Capital Altman Index. With Standish Mellon Chief Economist Vincent Reinhart expecting the U.S.’ Beyond the U.S. ,

Lending 168

Lending Michigan Community National 168

PYMNTS

NOVEMBER 5, 2018

The banks that are affected have $100 billion to $700 billion in assets, a tier that includes companies such as Capital One and U.S. The Fed is inviting public comment on the regulatory changes through January of 2019. Reg Oversight on Chinese Financial Firms to Broaden? PSD2 News, Too.

Regulation 128

Regulation Guidelines New York Groups 128

CFPB Monitor

OCTOBER 25, 2019

The CFPB announced today that it will hold a symposium on Dodd-Frank Act Section 1071 on November 6, 2019. In its Spring 2019 rulemaking agenda, the CFPB indicated that it expected to resume Section 1071 pre-rulemaking activities in 2019. Noah Breslow, Chairman and CEO, On Deck Capital.

Tampa 60

Tampa Lending California Community 60

Abrigo

JULY 28, 2021

“At the end of the day, we still have regular jobs and daily responsibilities, and [CECL implementation] is added to that,” said Felicity Ours, CPA, CRC, Senior Vice President and Director of Credit at Summit Financial Group, which implemented CECL in 2019. “We Starting now affords enough time to enhance policies, procedures, and systems.

Resources 195

Resources San Antonio Data Regulation 195

Bank Activities

JULY 5, 2022

The Aussie neobank Volt announced that it would close its deposit-taking business operations due to its failure to raise sufficient levels of capital during the pandemic. The Australian Prudential Regulation Authority (APRA) is monitoring the closure of Volt and the process of returning deposits to its customers.

Operations 36

Operations Regulation Lending National 36

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. During the two weeks, there were over a hundred significant cyberattacks by nation-states on national and regional banks that you could watch unfold in near real-time (bel0w) at Gartner and Money 20/20. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

OCTOBER 29, 2019

But in any event, the offering comes through a firm known as Lingzhu Technology, which is based in China, and which has had at least some investment of state-backed capital. That announcement, of course, comes in tandem with the efforts by China to develop its own digital version of the renminbi.

blockchain 117

blockchain Bitcoin United States Course 117

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

JANUARY 8, 2019

Singtel’s Dash is bringing remittance services to Myanmar by teaming up with the United Nation’s Capital Development Fund (UNCDF), the company said in an announcement. In addition, the company reportedly plans to buy back some of its stock “subject to the rules and regulations of the SEC,” according to the report.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

SEPTEMBER 19, 2019

That has left watchers concerned that worry about a potential no-deal Brexit has suppressed appetite for capital — and alarming situation that sent regulators and senior bankers into meetings earlier this month to try to determine how to stimulate interest in a segment that is historically robust. . member nations.

Case Study 181

Case Study Lending Regulation Study 181

CFPB Monitor

JULY 2, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. Section 1071 amended the ECOA to require financial institutions to collect and maintain certain data in connection with credit applications made by women- or minority-owned businesses and small businesses.

California 60

California Resources Community Lending 60

PYMNTS

JUNE 21, 2019

billion in credit card debt as of March 2019, according to the U.S. percent of the nation’s $1 trillion total credit card debt. In fact, CU interest rates are capped by federal regulations. Roosevelt in 1934, gave the National Credit Union Administration (NCUA) the authority to set maximum credit union interest rates.

Cards 102

Cards Omaha Minneapolis National 102

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. They should have been investing in fintech growth businesses and they had the capital to do it.” The Bank Regulator Working for Merchants Award!

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JULY 1, 2016

Treasury Department released its report on the sector and concluded that the market would likely benefit from greater oversight from regulators. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Europe and Asia that followed suit with their own investment rounds.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

DECEMBER 23, 2019

This year, 2019, the average American will spend three hours and 43 minutes per day on mobile devices, just ahead of the three hours and 35 minutes spent watching television. Visner of the National Cybersecurity Federally Funded Research and Development Center ( FFRDC ). They do, in fact, put their pants on one leg at a time.

Lending 131

Lending National System Management 131

PYMNTS

NOVEMBER 16, 2018

Other nations that are looking at adopting Open Banking — along with rollouts of APIs — include Hong Kong, with APIs slated for debut in 2019 and Australia, which is eyeing Treasury Open Banking by next summer. via mandate from the Financial Conduct Authority, “it has been a fascinating journey to date.”.

Data 159

Data Compliance Innovation Survey 159

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. Capital One quit mortgage late in 2017.

Fintech 101

Fintech Conference Innovation Community 101

TrustBank

DECEMBER 8, 2022

From 1990-2019, US personal saving began to trend lower, averaging only 6.4% Going back to just before the distortions created by the pandemic, in 2019 the US ranked 15 th , well behind China, Switzerland, Sweden, Mexico and Australia (1-5 respectively). There was a time, however, when Americans did save more. over that 30-year period.

US 52

US Policies Taxes Washington 52

Lex Sokolin

DECEMBER 25, 2019

If you read anything but this newsletter, you’ve got to read: Blockchain Capital’s 2019 Year in Review Messari Research Crypto Theses for 2020 DappRadar 2019 dapp Industry Review Decentralized Finance Overview So let’s narrow our entire lens to decentralized finance. Two 2019 symptoms have caused this rush?—?Facebook’s

blockchain 52

blockchain Bitcoin Software Lending 52

CFPB Monitor

MARCH 2, 2020

This symposium is the fourth in a series of symposia announced by the Bureau in 2019 designed to assist the Bureau in its policy development process (including potential future rulemakings). Chi Wu, Staff Attorney, National Consumer Law Center. John Pitts, Policy Lead, Plaid. Dan Murphy, Policy Manager, Financial Health Network.

Data 78

Data Policies Groups Fintech 78

Fintech Labs Insights

SEPTEMBER 21, 2020

Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Funding: $2.8M (May 2019). Making it easier to comply with global regulations. Capital Markets & WealthTech. 10M July 2019 $3M July 2018 $400k Aug 201. Winner: Applied Blockchain. HQ: London. Founded: 2016.

Innovation 15

Innovation Fintech blockchain Capital 15

CB Insights

DECEMBER 4, 2019

In March 2019, Amazon announced an integration with Worldpay , which serves as a back-end intermediary between banks and credit card companies and is one of the largest payment processors in the world. An RBC Capital Markets report put the average annual sales of an Amazon Go location at about $1.5M.

Cards 101

Cards Lending Strategy US 101

Lex Sokolin

DECEMBER 31, 2020

If you want some earlier thinking on China and CBDC design options, see War over Money reaches new heights, as Libra opts into regulation, China launches national blockchain, and Financial Stability Board raises alarm. this is from December 2019. We are cheating to try and summarize this whole year?—?this

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

If you want some earlier thinking on China and CBDC design options, see War over Money reaches new heights, as Libra opts into regulation, China launches national blockchain, and Financial Stability Board raises alarm. this is from December 2019. We are cheating to try and summarize this whole year?—?this

Fintech 52

Fintech Bitcoin blockchain Google 52

CB Insights

NOVEMBER 22, 2017

Commercial operation of offshore fish farms has been limited to date due to regulations, as well as the challenges of efficiently operating a large farming operation far from land. Fish farms already supply half the fish consumed globally, according to the World Bank, and that share may rise to two-thirds by 2019.

Study 45

Study Operations Regulation Regional 45

CB Insights

FEBRUARY 1, 2019

Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. GET THE 106-PAGE FINTECH TRENDS REPORT. The platform recorded 63.7M

Policies 61

Policies Lending Operations Examples 61

PYMNTS

FEBRUARY 10, 2020

The new tax would come on top of recent changes to eCommerce’s structure, which came into effect at the beginning of 2019. The impression may be that the tax amounts to a “papercut,” but it “could impact working capital of small businesses.”. Amazon India and Flipkart stated that they are both studying the proposed tax.

Taxes 175

Taxes Illinois Study Operations 175

CB Insights

JUNE 11, 2018

In recent months, the Chinese government has increasingly eased regulations on autonomous vehicles in a number of cities to accelerate the path to commercialization. Additionally, when naming the national champions of AI in November, the Chinese Ministry of Science and Technology designated Baidu as the leader in autonomous driving.

Google 71

Google Industry Software Data 71

PYMNTS

FEBRUARY 17, 2020

Delayed payments have a direct impact on working capital and can severely constrain growth capacity,” warned Damian Baker, Manager of Business Process Solutions at SNG Grant Thornton, according to recent Gadget.co.za South Africa Sounds Late Payments Alarm. India’s TReDS Challenges.

Payments 198

Payments Report National Data 198

PYMNTS

AUGUST 6, 2019

Last month, a hacker exposed the personal data of more than 100 million Capital One customers and applicants in a single data breach. The project will be tested throughout 2019 before its implementation next year. Digital ID partnerships are occurring in the private sector as well.

blockchain 148

blockchain Security Data System 148

PYMNTS

DECEMBER 17, 2018

Our system standardizes the information properly – which, when you think about the variety of ways small shops around the nation list and manage their inventory, is a huge challenge,” Rellas said. The goal for 2019 is simple, and summed up in a single word: growth. The firm recently announced that it brought in $34.5

Retail 128

Retail United States Boston System 128

CB Insights

FEBRUARY 21, 2019

Download the free report to learn about the biggest emerging trends in blockchain and strategies to watch for 2019. Download the free report to learn about the biggest emerging trends in blockchain and strategies to watch for 2019. The platform is scheduled to go live in 2019. GET the 47-page blockchain TRENDS report.

blockchain 78

blockchain Fraud Technology Management 78