PYMNTS

JUNE 29, 2020

A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported. Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

CFPB Monitor

AUGUST 5, 2021

The amendments include an anti-evasion provision under which a purported agent or service provider is deemed a “lender” subject to Title 9-A, Article 2 of Maine Revised Statutes. Article 2 contains a licensing requirement and rate and fee limits for consumer loans. SP 205/LD 522 added a new Part 7 to Article 2.

Maine 78

Maine Illinois Operations Payments 78

Chris Skinner

FEBRUARY 26, 2017

A summary of the main blogs of the week … The FinTech Wave, Part One (part two next week) I wrote a blog the other day for The Next Web. the 2030s and Samantha There’s a line in the 2013 film Her, it’s not just an operating system, it’s a consciousness. I thought it was ok, and it has gained a lot of traction socially.

Phoenix 150

Phoenix Maine Analytics Analysis 150

PYMNTS

AUGUST 23, 2018

That move comes as operators of crypto trading platforms have fled China for other places, such as Hong Kong. In the same vein, news also came this week that China is seeking to crack down on 124 cryptocurrency exchanges operating overseas whose services are available to Chinese users.

social media 100

social media cryptocurrency blockchain Technology 100

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A favorite aphorism that all research indicates came up for the first time in that article. And inroad that customers are looking at more seriously than ever before.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

JULY 20, 2017

However, they are also looking to leverage additional advantages, including increased competitiveness with FinTechs and the ability to use the technology to create new business models.”. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations.

blockchain 105

blockchain Bitcoin Delaware Illinois 105

PYMNTS

JULY 5, 2017

FinTech Nets A/S, Worldpay’s European rival, said last week it had been approached by potential buyers. In April, Mastercard got the nod from regulators for an acquisition of payment technology company Vocalink for around $920 million. relatively intact. Here’s other grist for the mill. Might a bidding war develop?

Payments 117

Payments Mobile Cards Course 117

PYMNTS

DECEMBER 19, 2018

A 2013 Forbes article noted this trend emerging, especially in Europe, in the wake of banks’ pullback from SMB lending, though the explosion of alternative FinTech firms in the years since has largely pushed the bond market out of SMBs’ minds. Several years ago, however, SMBs began to show interest in the bond market, too.

Marketing 134

Marketing Capital Security Trends 134

Lex Sokolin

APRIL 28, 2021

Not surprisingly, some old people (sort of like us and also the regulators) and young people with old souls (those that invest in index funds) find a bunch of this stuff objectionable. Notably from the article, the #fintok tag on TikTok has 42.6 Here is a flavor: Warnings over TikTok influencers. million views.

Video 52

Video social media Millennials Regulation 52

Insights on Business

MARCH 12, 2019

review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). The deadline for the proposed effective date was pushed from 2019 to 2022, and local regulators around the world have still not mandated when or if FRTB will become mandatory for their respective jurisdictions.

Capital 79

Capital Regulation Strategy Operations 79

Insights on Business

SEPTEMBER 8, 2016

Late last year, I read an article in the Financial Times that said there were three possible reasons for the turmoil in the worldwide banking industry: a blip induced by excessive regulation, a return to normal after an exceptional pre-crisis boom, or the slow death of banking. It interacts using natural language, context and reason.

Study 70

Study social media Compliance Operations 70

PYMNTS

MARCH 1, 2017

Currencycloud’s latest white paper, Global Payments: How FinTech Partners Are Helping Banks Transform, lays out the complexities that banks face in trying to keep up with the rapid pace of globalization and how partnerships with FinTechs may be an alternative path to success. What’s A Bank To Do?

Payments 100

Payments System Fintech Regulation 100

Insights on Business

MARCH 22, 2018

On the other, you need to observe ever-changing regulations, manage voluminous amounts of structured and unstructured data, and perform often repetitive and mundane tasks, opening the door for human error and mistakes. The sum of these parts are higher operating costs from start to finish. Where is KYC going?

Regulation 79

Regulation Analytics Analysis System 79

PYMNTS

JANUARY 15, 2018

For other firms, such as FinTechs or telecommunications companies, “they must coordinate and provide access to multiple different interfaces or protocols.”. As noted in other PYMNTS articles, cross-border transactions, such as those between firms based in the U.S. Regulation News Closer to Home: The CFPB.

CA 112

CA Bitcoin Data Security 112

Tomorrow's Transactions

FEBRUARY 5, 2016

This issue happens to have a very interesting article on the digitisation of banking, a subject of great current interest. The article goes on by noting that banks do not seem to be making as much of new technology as they might and that “what may prove to be more serious is the determination to cling to time-honoured procedures”.

blockchain 30

blockchain Regulation Technology Operations 30

PYMNTS

SEPTEMBER 17, 2018

The battle over FinTechs and national banking charters is about to get a bit more heated. The suit is one alleging that the OCC does not have the authority to provide such licenses under the FinTech charter that has been proposed. The banking sector, argues the suit, is more efficiently regulated at the state level.

Fintech 180

Fintech National Compliance Google 180

NCR

JULY 14, 2017

Cash has been at the heart of how the global financial system and economies operate for hundreds of years, and it will continue to play an extremely important role for the foreseeable future. “For the first time, all major US banks attended Lendit, with mandates to figure out this segment and how to respond/leverage fintech.”

ATM 80

ATM Industry Conference Bitcoin 80

South State Correspondent

AUGUST 22, 2022

If you already have a data warehouse or plan to sell the bank in the next 12 months – please skip this article. If not, this article explains why a data lake house should be central to your strategic plans. While banking doesn’t move as fast as technology, the rise of fintechs and neobanks are speeding things up.

Data 195

Data Analysis Marketing System 195

Gonzobanker

DECEMBER 19, 2017

FinTech threats and distractions. Heavy-handed regulators. While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street. Oh, by the way, that Fintech darling of two years ago Lending Club?

Conference 101

Conference Industry Community Bank Community 101

Fintech Labs Insights

FEBRUARY 8, 2022

We’ve been debating whether it’s time to add a crypto category in our fintech services directory for small businesses (SMB/SME). It gives out tokens to reward basic activities that help build its business/community, for example signing up for its newsletter, referring new customers, writing an article, etc. of transaction volume).

Case Study 15

Case Study Course Training Examples 15

PYMNTS

MAY 15, 2017

It should be a call to action to the cybersecurity regulators that, when innovation — even intellectually and technologically sophisticated innovation — goes off the rails, it’s time to give a good hard look with an eye to reining it way, way in. She was awarded the Presidential Medal of Freedom from President John F. Kennedy in 1962.

Bitcoin 155

Bitcoin Regulation Innovation Fintech 155

Fintech Labs Insights

JUNE 20, 2019

The company had $30B in operating cash flow last year, how does a low-fee stable coin materially impact the company’s earnings? My take : The first article I ever published (which I just noticed contains my first it’s/its typo) was about how it made no sense for Microsoft to become a bank, despite widespread fear at the time.

Regulation 12

Regulation Software System Apple 12

Bank Innovation

MAY 9, 2017

This is the first of a series of five articles on Open Finance in Europe. Much of the conversation at the minute oscillates between incumbents’ ability to deploy them effectively and what it means for the fintech world as product manufacturers. What is an API and why does everyone seem to be talking about them recently?

Data 191

Data Trends Industry Examples 191

Lex Sokolin

MAY 25, 2020

I would guesstimate a range of around $100 to $150 million, much of which would go to the core operating team. You are forgiven for not remembering all my favorite Fintech minutiae. their websites would facilitate a transaction without running afoul of regulations. The deal closed for less than $500 million?—?I Is that right?

Strategy 52

Strategy Fintech Capital Case Study 52

PYMNTS

OCTOBER 16, 2019

At the time, the FT accused Edo Kurniawan, Wirecard’s head of Asia-Pacific accounting and finance, of orchestrating a scheme with employees to obtain an operating license from the Hong Kong Monetary Authority — in which Wirecard would transfer funds from its Germany bank to a non-operational unit in Hong Kong.

Fraud 111

Fraud Payments Report Operations 111

South State Correspondent

MAY 2, 2022

Unfortunately, there are many problems with sales funnels, and in this article, we will show why banks should be thinking in terms of “Growth Loops” instead. Your bank might have introduced a new product, but very few banks go back and try to improve an existing product unless forced to by the regulators or changes in technology.

social media 195

social media Management Marketing Resources 195

PYMNTS

SEPTEMBER 13, 2017

In an article appearing on ForConstructionPros.com , Botta listed “choosing the cash versus accrual method of accounting, converting from accrual basis to cash basis, understanding the limitations on vehicle depreciation expense and properly tracking your work in process” as the top four culprits. .”

Management 129

Management Taxes Industry Trends 129

FICO

MARCH 6, 2020

In this excerpt from that article, Jürgen elaborates on the importance of compliance. . A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In the U.S.

Compliance 81

Compliance Technology Fraud Analytics 81

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Most Egregious Fintech Valuation – Chime , which went fromone funding round at $1.5 GonzoBankers, 2019 was a year of extremes. billion late last year to $5 billion in recent months.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

NOVEMBER 22, 2021

SMB Fintech Stack (Source: Canapi ). I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs if they operate under a separate autonomous brand, such as BBVA’s Azlo (which closed this month). iOS app : 4.8

San Francisco 15

San Francisco Digital Banking Online Fintech 15

Fintech Labs Insights

FEBRUARY 11, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs, if they operate under a separate autonomous brand, such as BBVA’s Azlo (which is scheduled to close its doors later this year). cash-holding account).

San Francisco 15

San Francisco Online Digital Banking Austin 15

Fintech Labs Insights

FEBRUARY 11, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs, if they operate under a separate autonomous brand, such as BBVA’s Azlo (which is scheduled to close its doors later this year). cash-holding account).

San Francisco 15

San Francisco Online Digital Banking Austin 15

Fintech Labs Insights

NOVEMBER 22, 2021

SMB Fintech Stack (Source: Canapi ). I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs if they operate under a separate autonomous brand, such as BBVA’s Azlo (which closed this month). iOS app : 4.8

San Francisco 15

San Francisco Digital Banking Online CA 15

Fintech Labs Insights

MARCH 4, 2020

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs, if they operate under a separate autonomous brand, such as BBVA’s Azlo. Press: 34 articles in past 2 years (10 in ’20, 23 in ’19, 1 in ’18).

Digital Banking 15

Digital Banking San Francisco UX Austin 15

Fintech Labs Insights

JUNE 3, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs if they operate under a separate autonomous brand, such as BBVA’s Azlo (which closed this month). ranked by our FAB score (Fintech Attention Barometer*).

San Francisco 15

San Francisco Online Digital Banking Fintech 15

Fintech Labs Insights

MAY 7, 2021

I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., We are also including divisions of traditional FIs if they operate under a separate autonomous brand, such as BBVA’s Azlo (which closed this month). ranked by our FAB score (Fintech Attention Barometer*).

San Francisco 15

San Francisco Online Digital Banking Austin 15

CB Insights

OCTOBER 31, 2019

Microsoft’s Satya Nadella referred to chat as the “third run-time” — an indispensable piece of operating a platform, second only to the operating system and the web browser. Fintech: Contract review & bill negotiation. Fintech: Contract review & bill negotiation. Table of Contents. Get the full report.

Industry 78

Industry Examples Tools Retail 78