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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

REGISTER Takeaway 1 Banking and compliance professionals rely on ThinkBIG to elevate their understanding of industry shifts and regulatory pressures. Banking and compliance professionals rely on the annual conference to elevate their understanding of industry shifts and regulatory pressures that hammer them daily.

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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.

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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. As disruptive innovation finds a home in banking, the industry anticipates a surge in technology’s ability to drive tangible business outcomes.

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CFPB finalizes product sandbox proposal and changes to trial disclosure, no-action letter policies; discloses plans to propose interpretive letter program

CFPB Monitor

In addition, the CFPB has announced the creation of the American Financial Innovation Network (ACFIN) to facilitate coordination between the CFPB, other federal regulators, and state regulators and the CFPB’s issuance of the first NAL under the revised NAL Policy. Product Sandbox.

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CFPB proposes revisions to trial disclosure policy

CFPB Monitor

The proposal follows Acting Director Mulvaney’s July 2019 appointment of Paul Watkins to serve as Director of the Bureau’s Office of Innovation. There can be no predicate for an enforcement action by such a regulator that is based on a statutory or regulatory provisions waived by the Bureau. footnote omitted).

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Android of the Auto Industry? How Baidu May Race Ahead Of Google, Tesla, And Others In Autonomous Vehicles

CB Insights

investment fund dedicated to startups innovating in the AV space. Voyage, a self-driving spinoff from education startup Udacity , open-sourced its autonomous driving safety technology following the fatal crashes of Uber’s self-driving car in Arizona and Tesla’s crash involving the Autopilot feature. The China advantage.

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