PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov.

Regulation 231

Regulation Bitcoin Cleveland Study 231

Bank Innovation

MARCH 22, 2017

Regulation is still shaping banks’ strategic thinking, says a new study by The Economist Intelligence Unit. In North America regulation was the top concern. The unit surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020.

Regulation 256

Regulation Fintech Regional America 256

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. As far as innovation goes, “FinTech is the most developed,” Monteiro said.

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

APRIL 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. “People were not believing in open banking so much as a big evolution.

Innovation 208

Innovation Data Fintech Lending 208

Payments Source

JANUARY 11, 2017

Simple innovations -- such as those that would bring the underbanked into the financial mainstream -- are often stymied by regulation, says Bank of America CEO Brian Moynihan.

Regulation 60

Regulation Innovation America National 60

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But if the road to stablecoins is getting clearer, don’t expect rush-hour traffic on that road yet, cautioned Allaire.

Regulation 253

Regulation US Payments Compliance 253

PYMNTS

JULY 22, 2019

“If a firm needs to digitally onboard someone and verify them, we can help that company do that fairly seamlessly,” Samer Atassi, regional director, Latin America and Caribbean for Jumio, told PYMNTS in a recent conversation. Identifications aren’t standardized across Latin America, and they’re based on paper in many cases.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

FEBRUARY 22, 2019

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe those innovations can solve problems and, therefore, embrace them or the consumers go somewhere else that offers legacy features and functions. The term means something different in Europe, the U.S.

Innovation 153

Innovation Regional System America 153

PYMNTS

NOVEMBER 12, 2020

That is higher than the percentages registered in other regions such as Europe, the Middle East and Africa (EMEA) and Latin America, where rates have been in the 50-plus percent levels. The pandemic provided us greater opportunity to work with regulators to create digital solutions,” said Kanthadai. “We

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

SEPTEMBER 16, 2019

Like with all new innovations, there are going to be some hitches to it,” Cavazos said. Regulation could be the answer, some companies have speculated, and Unilever said it is all for tackling the problem aggressively. The 15 percent is an average. Some are going to have bought half of their followers.”.

social media 150

social media Regulation New York City Baltimore 150

BankNXT

JUNE 9, 2016

Chris Skinner bemoans the state of innovation from US banks, blaming draconian regulations and Dodd-Frank. America’s banking regulations strangle innovation on BankNXT.

Regulation 40

Regulation Innovation America US 40

PYMNTS

FEBRUARY 5, 2018

Last month, Canada’s Competition Bureau released its final study on tech-led innovation in FinTech, offering regulators some thoughts on competition in the payments sphere, along with suggestions on where the competitive landscape could be improved. PYMNTS asked which countries might be a model and a template for innovation for Canada.

Regulation 103

Regulation Bitcoin Innovation Study 103

PYMNTS

SEPTEMBER 30, 2020

It would instead offer payment companies a national servicing platform to replace the regime of state regulations such firms would be subject to under existing laws. Commercial companies accessing a payments charter would avoid oversight and regulations that protect the financial system and consumers,” the bank industry leaders wrote.

Regulation 349

Regulation National System Industry 349

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

NCR

JUNE 29, 2017

The region – and in particular large, fast-growing economies such as China – has proved to be a fertile breeding ground for innovation for the sector. ” One of the key reasons for this is a much more positive regulatory environment, which is now working to stimulate payment innovation rather than stifle it.

Innovation 45

Innovation Regulation Payments Regional 45

PYMNTS

OCTOBER 6, 2016

All of this has occurred as the company has continued to expand the pilot phase of its global payments innovation (gpi) initiative, thus far signing on dozens of major financial institutions to an effort aimed at streamlining cross-border payments. Since, SWIFT has reported three new cyberbreaches that occurred over the summer.

Innovation 188

Innovation Payments Fintech New York 188

PYMNTS

MARCH 13, 2020

They carry their payment innovation expectations into the business world. “If If you look at the landscape of business centers across America [and around] the world, you will find that the business lives of many owners are definitely intertwined with [their] personal lives … especially when it is an LLC or something like that,” Daher said.

Millennials 160

Millennials Taxes Innovation Operations 160

Bank Innovation

MAY 26, 2017

The next big thing in financial services won’t make it very far off the ground if FIs don’t innovate with an eye towards compliance.

Compliance 300

Compliance blockchain Maine America 300

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations.

Regulation 52

Regulation America Compliance Fraud 52

PYMNTS

AUGUST 6, 2020

The IT firm Coke One North America Services (CONA), owned by the major Coca-Cola bottling companies, will try out the Baseline Protocol, a public Ethereum blockchain technology targeted at large enterprises. As it continues to innovate, Coca-Cola is grappling with plunging sales due to the coronavirus pandemic.

Management 219

Management blockchain America cryptocurrency 219

PYMNTS

JULY 15, 2019

I believe that if America does not lead innovation in the digital currency and payments area, others will. The Libra Association will not store users’ personal data beyond what is needed for transaction information, Marcus said in the statement.

Regulation 116

Regulation cryptocurrency Policies America 116

Chris Skinner

MAY 1, 2017

I’m regularly blogging and talking about the legacy economy known as America. This would enable a FinTech to go through ONE regulator to get to market, rather than the 200 or more they would have go through today. Which country took a decade longer to get Chip & PIN than most? Land of the free, and home of the brave.

America 211

America Fintech National Regulation 211

Chris Skinner

JULY 7, 2017

We met Chris Skinner for a talk on the latest global banking trends and how banks mainly in Europe and North America deal with the challenges of their legacy systems and position and face the dramatic changes in the financial services market.

America 223

America Maine Trends Innovation 223

PYMNTS

AUGUST 20, 2018

That story is the subject of a terrific book written by economist Marc Levinson , “The Great A&P And The Struggle For Small Business In America”. But here’s the rub: The guilty verdict was made on the basis of A&P’s use of supply chain innovations to lower prices to consumers. Regulators didn’t destroy A&P in the end.

Regulation 105

Regulation Online Innovation Google 105

American Banker

JANUARY 11, 2017

Simple innovations -- such as those that would bring the underbanked into the financial mainstream -- are often stymied by regulation, says Bank of America CEO Brian Moynihan.

Regulation 28

Regulation Innovation America Regional 28

PYMNTS

AUGUST 3, 2018

These legislative initiatives are why Latin America, a market not necessarily known for its FinTech innovation, has one of the strongest penetrations of eInvoicing in the world. Europe and Australia, too, have eInvoicing mandates in place. however, is a different story. While the U.S.

Regulation 101

Regulation Data America Payments 101

PYMNTS

SEPTEMBER 14, 2018

Combining Cornershop’s innovative, crowdsourced delivery platform with Walmart’s unique assets will allow us to accelerate growth for both companies, delighting our customers by saving them both time and money. In August, India’s anti-trust regulator has approved Walmart’s $16 billion acquisition of online marketplace Flipkart.

America 108

America Retail Online Marketing 108

BankNXT

JUNE 14, 2016

Chris Skinner shares two thoughtful responses to his recent post about banking innovation and regulations in America. America’s regulations are not the problem on BankNXT.

Regulation 40

Regulation America Innovation Digital Banking 40

PYMNTS

JANUARY 15, 2021

Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America. In a June PYMNTS interview, Osvaldo Giménez , CEO of Mercado Pago, said that the 18-country region where MercadoLibre operates is complicated, with varying regulations.

Regional 207

Regional America United States Operations 207

Bank Innovation

MAY 29, 2018

billion only days before its IPO to major regulations such as GDPR going live last week. Here are some of the important trends that Bank Innovation pulled out of the fintech chatter […]. A lot happened in the digital banking world this month, from major events in the payments worlds like PayPal acquiring iZettle for $2.2

Trends 246

Trends Fintech Innovation Digital Banking 246

Celent Banking

SEPTEMBER 30, 2015

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

JULY 10, 2020

The end goal: to speed innovation toward new products and services while keeping fraudsters out. Regulation Vs. Market Forces. The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. “In The Pandemic Is Speeding Innovation Up.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

MAY 10, 2018

According to a press release from Market Research Future , North America is the leader in the wireless POS market as the region has “advanced technological infrastructure.” The global wireless POS terminals market is expected to have a compound annual growth rate (CAGR) of 13 percent from 2017 to 2023.

America 114

America Regional Mobile Cards 114

Bank Innovation

MAY 11, 2017

company owned servers and 3) regional jurisdictional data, payments and identity infrastructure is inevitable and the most effective way to manage those threats is by giving would-be-global European firms a competitive edge in the form of regulation. understand that 1) massive amounts of European capital flow to the U.S. It’s both.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

JANUARY 13, 2017

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. Align’s payment rail extends to over 60 countries in North America, Europe and Asia. and why they believe the technology should be regulated. Regulation required.

Regulation 100

Regulation blockchain Payments Technology 100

PYMNTS

FEBRUARY 3, 2020

Banks are now at the center of some of the world’s most exciting and vital innovations and disruptions — new ecosystems are being created as technology progresses and consumer habits evolve. Application programming interfaces (APIs) simplify that access for banks and for FinTechs that want their innovations to reach their customers.

Innovation 216

Innovation Fintech Examples Payments 216