CFPB Monitor

SEPTEMBER 24, 2020

The Conference of State Bank Supervisors (CSBS) recently announced plans to establish a program under which money transmitters licensed in multiple states will undergo a single comprehensive exam that seeks to satisfy all state examination requirements, beginning in 2021. Currently, there are 78 companies that meet this threshold.

Regulation 60

Regulation Payments cryptocurrency Conference 60

PYMNTS

MAY 28, 2019

By 2021, close to 90 million – or 86.5 million buyers who operate in industries such as website development, logo design and blog writing. With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans.

Apple 159

Apple Mobile Fraud Branding 159

CFPB Monitor

SEPTEMBER 8, 2020

We previously wrote about California Governor Newsom’s 2020-2021 Budget and an accompanying trailer bill that would rename the Department of Business Oversight (“DBO”) and significantly increase its ability to oversee financial services providers in the state. Ballard Spahr to hold webinar on this legislation on September 29, 2020.

California 78

California Innovation Regulation Report 78

CFPB Monitor

NOVEMBER 22, 2022

The report was issued in response to President Biden’s July 2021 Executive Order on promoting competition. That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition.

Fintech 78

Fintech Report Data Lending 78

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., Randy Newman, Alerus Financial – For 40 years, Newman guided Alerus out of a flooding disaster in North Dakota to the creation of a diverse financial powerhouse focused on banking, mortgage, wealth management, and retirement services. Best Industry Afterparty.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. Nearly 2 million customers and $20 billion in deposits since entering the country with a digital bank in 2021. The Monty Python “Biggus Dickus” Award – goes to Sen.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JUNE 27, 2019

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. While Nubank is far from a household name in the U.S., And, according to Nubank, it’s just getting started.

blockchain 147

blockchain Payments Regional America 147

CFPB Monitor

JULY 21, 2022

linked to an ally of Vladimir Putin; and the fact that the 2021 “ United States Strategy on Countering Corruption ” stressed AML deficiencies tied to lawyers, accountants, trust and company service providers, and incorporators.

United States 78

United States Taxes Regulation Compliance 78

PYMNTS

JANUARY 15, 2021

Now, with 2021 underway, organizations will begin to demonstrate the progress they've made as they move from digitizing workflows to optimizing payments and finance. Now that financial technology is available to businesses, chief financial officers (CFOs) have more options in their toolkits to take action.

Payments 183

Payments Data Tools System 183

Fintech Labs Insights

OCTOBER 16, 2016

In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. TRILLION in annual purchases via mobile 5 years from now (2021). A look at the trending topics of the past two weeks, co-authored by Finovate’s research analysts David Penn and Julie (Schicktanz) Muhn. Big handshakes.

Trends 12

Trends Fintech blockchain America 12

CB Insights

OCTOBER 31, 2019

Microsoft’s Satya Nadella referred to chat as the “third run-time” — an indispensable piece of operating a platform, second only to the operating system and the web browser. Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology.

Industry 78

Industry Examples Tools Retail 78