Remove Arizona Remove Innovation Remove Marketing Remove Regulation
article thumbnail

CFPB Rolls Out Innovation Regulator Network

PYMNTS

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with several states, the agency said in a press release. State regulators in every state were invited to join. .

article thumbnail

Arizona AG announces more fintech sandbox participants

CFPB Monitor

In August 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.”

Arizona 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” Here In The States. In the United States, sandboxes are grabbing a bit of headline space.

article thumbnail

CFPB, CFTC Develop FinTech Regulatory Sandbox

PYMNTS

If you don’t give any regulation at all, it has the chance to go off the rails and completely burn itself out, which is where I was fearing bitcoin was going to a couple months ago if they haven’t already. And at the same time, if you overregulate, you sort of tamp down that creativity and you discourage the innovation.”. But the U.S.

Fintech 116
article thumbnail

Elon Musk Says Next Teslas Will Have Netflix, YouTube

PYMNTS

Streaming will only be available while the car is parked, though Musk said that “when full self-driving is approved by regulators, we will enable video while moving.” Many carmakers and tech companies, including Alphabet and Uber, are working on bringing autonomous vehicle technology to the market.

Arizona 133
article thumbnail

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. We can’t sleep on non-bank competition, bigger banks controlling even greater market share, or big tech and embedded finance.