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This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Paul formerly worked in the Arizona Attorney General’s office where he was in charge of fintech initiatives 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.

Arizona 60
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CFPB Names Paul Watkins From AZ AG Office As Innovation Head

PYMNTS

I am confident that, under his leadership, the Office of Innovation will make significant progress in creating an environment where companies can advance new products and services without being unduly restricted by red tape that belongs in the 20th century.”.

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Paul Watkins, Director of the CFPB’s Office of Innovation, discusses final innovation policies in Ballard Spahr webinar

CFPB Monitor

It also announced the creation of the American Financial Innovation Network (AFIN), a network of federal and state regulators to facilitate innovation, and issued its first NAL under the final revised policy. Both Alan and James praised the Bureau’s efforts under its new leadership, with Alan referring to them as “refreshing.”).

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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. Concerns about successors to today’s executive leadership teams dominated many presentations.

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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Technology Stack: Flask, SQLAlchemy, Bootstrap, ForeignKeys, Jinja | APIs Used: Used data from “California regulations of possibly harmful products”, which was a CSV file. Emily Merline, originally from Milwaukee, WI, attended Arizona State University on a National Merit Scholarship.

Milwaukee 348
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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Theranos built itself in stealth mode while raising hundreds of millions of dollars and inking deals to put its wellness centers in Walgreens stores in California and Arizona. To some, Silicon Valley startup culture was as much to blame for Theranos’ failure as the company’s leadership. Takeaways & lessons. Takeaways & lessons.

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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.