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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Real-time payments are imperative for running successful operations in today’s global ecosystem. The aim of creating this system was both to provide more speed and security to the country’s merchants. The system will come fully online in the city by 2021, according to the MTA. Designing Real-Time Payment Rails for Ubiquity.

Payments 304
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 FinTech Collaborations and Frameworks Gain Steam in Asia

PYMNTS

The statements were contained in the PBOC’s FinTech Development Plan 2019-2021. As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country.

Fintech 172
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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Investors, we noted, watch other investors and may bid prices higher — in expectations that prices will go, well, higher.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

By 2021, close to 90 million – or 86.5 million buyers who operate in industries such as website development, logo design and blog writing. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange.

Apple 159
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The 2023 GonzoBanker Awards

Gonzobanker

We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. The Monty Python “Biggus Dickus” Award – goes to Sen.

Fintech 194
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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

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.

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Treasury report on bank/fintech relationships includes recommendations for CFPB supervision of non-bank installment lenders and data aggregators

CFPB Monitor

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