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Arizona group aims to jump-start European-style open banking in U.S.

Payments Source

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S.

Arizona 179
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Arizona group aims to jump-start European-style open banking in U.S.

American Banker

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S.

Arizona 47
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Utah’s new regulatory sandbox

CFPB Monitor

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. Arizona’s program, in contrast, is administered by the Arizona Attorney General.

Utah 60
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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Early this week, the conference was the epicenter of discussions, where 2,000 attendees descended upon Arizona to strategize and set the tone for our great industry’s future. Joint presentations between bankers and fintechs abounded, showcasing collaborative initiatives.

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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC.

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CFPB proposes revisions to trial disclosure policy

CFPB Monitor

Before joining the CFPB, Mr. Watkins was in charge of fintech initiatives in the Arizona Attorney General’s office and led the state’s successful efforts to create the first “regulatory sandbox” in the United States which allows new financial technologies and products to be tested in a controlled environment with reduced regulatory risk.

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Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

For just the fourth time this year, weekly fintech fundings fell below the $100-million mark with 15 companies raising a total of $51 million. Bowers is the founder of iPay Technologies, which demoed at the first Finovate in 2007, was acquired by Jack Henry in 2010. Blockchain technology. Chronos Technologies.

Company 12