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CFPB Names Paul Watkins From AZ AG Office As Innovation Head

PYMNTS

The Consumer Financial Protection Bureau (CFPB) has announced that Paul Watkins, a lawyer, will lead the agency’s newly created Office of Innovation. “I The Office of Innovation was recently created by Mulvaney to focus on a new priority for the agency: encouraging consumer-friendly innovation.

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Community Banks Debut FinTech Alliance

PYMNTS

The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Arizona, which launched a “sandbox” earlier this year, said last week that there is a new participant in that FinTech-driven initiative. Here In The States.

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Arizona’s regulatory sandbox is open for play

CFPB Monitor

On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.”

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The Innovation Lessons Behind Walgreens’ Breakup With Theranos

PYMNTS

And like Walgreens is now painfully aware, sometimes the mad dash to gobble up innovative startup partners can lead merchants down a dark path. The nation’s largest health care chains will not sit idly by and watch their market share erode.

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POSaBIT Rolls Out Mobile POS For Cannabis Merchants

PYMNTS

POSaBIT, based in Seattle, already manages millions of transactions for over 120 dispensaries across Washington, California, Nevada, Colorado, Arizona and Oklahoma. Even though legal marijuana industry keeps gaining traction — according to one official state estimate, the market in California alone will reach at least $5.1

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Uber Debuts Freight Platform In Germany

PYMNTS

Uber Freight is going after its second European market with the launch of its trucking platform in Germany. As a global company, we have the bandwidth to constantly innovate and create new products and features that support the entire marketplace,” Buczkowski noted.

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Andrew Downin: A Quadruple Threat … Could you be Next?

Filene

Next, Filene was looking for a new head of innovation and he was the natural choice for this hire. For a guy from Arizona who spent most of his adult life in Southern California, Wisconsin was a real change. Thanks Andrew and good luck in Arizona! We have a vacancy for managing director, research at Filene…!

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