Abrigo

MARCH 7, 2022

Experts weigh in on regulatory hot topics for 2022 Review these 10 insights into what regulators are looking for in 2022 to help your financial institution pass exams with flying colors. Takeaway 1 Regulators have increased their focus on BSA in the first quarter of 2022, and the crisis in Ukraine will put OFAC in the spotlight.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster. Reuters quoted central bank Vice Gov.

US 168

US Regulation Groups System 168

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. We hope to be able to issue an update soon.”. The FCA said it is working with Wirecard and other international and U.K. authorities.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

Chris Skinner

MAY 2, 2017

I was inspired to think more about the legacy challenge in the legacy economies when I saw this article by the inimitable Anna Irrera (she’s worth following if you’re on twitter). I know I’ve made this point often but banks are run by bankers when they really should be balanced with technologists, as they are FinTech firms.

System 286

System Survey Software Fintech 286

Chris Skinner

FEBRUARY 3, 2017

Curating the daily news yesterday, I was surprised to see an article published by Wharton Business School that irritated me. Wharton Business School is one of America’s Ivy League Universities up there with Yale and Harvard. It should be publishing informed insights but this post was more of a headline grabber from Scott A. They won’t.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

APRIL 30, 2018

According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. Supporters say that’s not a bad thing, since investors tend to value ad platforms like Google over regulated banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

MARCH 22, 2018

In an effort to lure more FinTechs its way, France is working on a regulatory framework that would enable startups to raise funding via cryptocurrencies. Blockchain will offer new opportunities to our start-ups,” he added, referencing the technology underpinning cryptocurrencies and the ICO process. In 2018 there has been $4.5

cryptocurrency 134

cryptocurrency blockchain Regulation Bitcoin 134

PYMNTS

JANUARY 1, 2019

The moment it got really serious, they said, the regulators would step in and kill it. How can you compare payment rails with a technology that plays no role in moving money? A technology that, on its own, does nothing to help consumers perform a task or overcome a hurdle. As 2018 rolled along, bitcoin dipped. It fell gradually.

Bitcoin 168

Bitcoin Payments Conference cryptocurrency 168

Abrigo

FEBRUARY 23, 2022

Would you like other articles like this in your inbox? Furthermore, given the rise of fintech firms chasing the SMB segment, borrowers have alternative sources of funding. The technology also prepares lenders to scale: with the faster process, the lenders can process more applications in the same amount of time.

Lending 195

Lending Community Bank Community Analysis 195

Gonzobanker

AUGUST 24, 2023

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. In an article titled Is the Banking Crisis Over? This crisis touches banks’ products, technologies, people, processes and the political climate. 2) Zombie cores. A person’s core has to be in shape—and so does a bank’s.

Innovation 148

Innovation United States Industry Technology 148

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 moves slower than the technology industry, Commodore’s problems are affecting banks across the country.

Data 195

Data Analysis Marketing System 195

Lex Sokolin

DECEMBER 31, 2020

A Year in Financial Models, Fintech Valuations, Super Apps, Big Tech, Decentralized Finance, the Multiverse, Pandemic, Revolution, Crypto Art, and the Nature of the Universe Hi Fintech futurists — You should be out partying! A cute little article about $90MM from order flow. Is Ant Financial the best Fintech in the world?

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

A Year in Financial Models, Fintech Valuations, Super Apps, Big Tech, Decentralized Finance, the Multiverse, Pandemic, Revolution, Crypto Art, and the Nature of the Universe Hi Fintech futurists — You should be out partying! A cute little article about $90MM from order flow. Is Ant Financial the best Fintech in the world?

Fintech 52

Fintech Bitcoin blockchain Google 52

Chris Skinner

FEBRUARY 12, 2017

A summary of the main blogs of the week … Dodd-Frank, Donald Trump and Goldman Sachs: you’ve been suckered The big headline on Friday was Donald Trump has signed an Executive Order to review the Dodd-Frank regulations. A great bunch of folks who really understand FinTech and Digital.

Maine 150

Maine Analytics Fintech Survey 150

PYMNTS

JULY 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations.

blockchain 105

blockchain Bitcoin Delaware Illinois 105

PYMNTS

AUGUST 23, 2018

The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites. billion fund focused on the blockchain.

social media 100

social media cryptocurrency blockchain Technology 100

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. More meat and potatoes in this TechCrunch article too. Fintech-like. It turns out that it is pretty hard to get people to care about hard-to-understand investments, and it is hard to get regulators to change their minds about consumer protection around the world all at once.

Fintech 52

Fintech Capital Company Data 52

Lex Sokolin

DECEMBER 16, 2020

SPACs are like that, but for Fintech companies. More meat and potatoes in this TechCrunch article too. Fintech-like. It turns out that it is pretty hard to get people to care about hard-to-understand investments, and it is hard to get regulators to change their minds about consumer protection around the world all at once.

Fintech 52

Fintech Capital Company Data 52

PYMNTS

JUNE 8, 2018

Will China follow the United Kingdom and the United States as the leader of payment services and FinTech? But it has gained new focus, according to a recent article from Bloomberg that notes the increasing popularity and power of payments conducted through Alipay and WeChat. That’s hardly a new question. Consider the scales involved.

New York 108

New York social media United States Comparison 108

Bank Innovation

MAY 11, 2017

This is the third part of a series of five articles. every year in the form of digital and technological consumer goods and services, 2) huge amounts of European citizens’ data now sits on U.S. I sat down with the marketing team at Anthemis to discuss the opportunities and geopolitical challenges of open finance. It’s both.

Regulation 252

Regulation Regional Apple America 252

Bank Innovation

MAY 9, 2017

I sat down with the Anthemis marketing team to break down the complexities around Premium APIs and unpack how banks are utilising this new technology strategy. This is the first of a series of five articles on Open Finance in Europe. What is an API and why does everyone seem to be talking about them recently? And how might that work?

Data 191

Data Trends Industry Examples 191

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. I thought it was ok, and it has gained a lot of traction socially. I only ask this question because I … GAFA have already opened banks … just not in America I heard a rumour the other day. But … web 1.0,

Phoenix 150

Phoenix Maine Analytics Analysis 150

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? 2) The fintech tide still rising. 3) Tighter regulation is happening.

Fintech 40

Fintech Industry User Experience US 40

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? 2) The fintech tide still rising. 3) Tighter regulation is happening.

Fintech 40

Fintech Industry User Experience US 40

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. According to PYMNTS data, 62.8 percent of IT-enabled banks.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

APRIL 20, 2017

s challenger bank landscape is spreading since regulators have welcomed new competition into the retail banking space. It seems that every few weeks another FinTech is seeking a banking license in the U.K. Regulations like Know Your Customer (KYC), for instance, mean challenger banks must get creative with their compliance efforts. “In

Compliance 110

Compliance Innovation social media Lending 110

Jessica Ellerm

MARCH 31, 2016

And well, nothing could ring truer in the world of fintech and banking disruption. In the fintech trenches, where new ideas are being bought to life, everything is an unknown quantity. Our customers are ultimately the people that make the fintech cause a reality – it’s not just about us. It’s a personal one.

Fintech 40

Fintech Innovation US Regulation 40

Abrigo

DECEMBER 20, 2021

Would you like other articles like this in your inbox? Inadequate staffing: The lack of technological and human resources will result in deficiencies in an AML program. If your CDD program is not intact, now is the time to tighten things up and watch for new regulations. and CDD will be top of regulators' minds for some time.

Resources 195

Resources Texas Analysis System 195

Gonzobanker

AUGUST 7, 2018

Tuesday, July 31, 2018, may go down in history as Fintech Day in the United States. Treasury Department released a 222-page report titled A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation , and the OCC announced it would consider charter applications from fintech companies.

Data 60

Data Report Fintech United States 60

Jessica Ellerm

MAY 20, 2017

To give you some idea of what these issues are, here are just a few startling superannuation stats for the uninitiated, that are well worth putting your fintech opportunity hat on and considering. According to the Productivity Commission , in 2014-15, Australians paid about $12 billion in fees to APRA-regulated funds.

Fintech 89

Fintech Management Industry Trends 89

Celent Banking

FEBRUARY 28, 2017

This is the next article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. This week’s article focuses on Model Bank entries in the Products category. Part of the criteria for this category is that the solution needs to be in production and demonstrating business benefits.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

This is the next article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. This week’s article focuses on Model Bank entries in the Products category. Part of the criteria for this category is that the solution needs to be in production and demonstrating business benefits.

Innovation 100

Innovation Lending Boston Trends 100

Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. You are forgiven for not remembering all my favorite Fintech minutiae. Unlike Goldman, Schwab has a real consumer footprint with a relatable, non-alienating brand, and deep consumer technology. Wealthtech is one fire, they say now. Reminder?—?Addepar

Strategy 52

Strategy Fintech Capital Case Study 52

Abrigo

MARCH 6, 2017

Following the right people or organizations on Twitter, for example, can generate a steady stream of informative articles and news alerts. 2) @GonzoBanker – Cornerstone Advisors’ totally opinionated take on technologies, strategies, vendors and “anything else we run across in the trenches of the banking industry.”

social media 150

social media Lending Community Community Bank 150

Jessica Ellerm

FEBRUARY 25, 2016

On Wednesday Australia’s Prime Minister Malcolm Turnbull and Treasurer Scott Morrison jointly announced the launch of a new fintech advisory panel, bringing together bankers and fintech leaders alike, and tasking its members with the job of making Australia the leading force in financial technology within the APAC region.

Fintech 40

Fintech Lending US Policies 40

Lex Sokolin

APRIL 28, 2021

Now, Mad Money and its angry charismatic host are part of a legacy media industry structure; one which has been melted down by technology. You don’t have to be a teenager to appreciate that teenagers determine youth culture and the direction of technology, which then boils up to the rest of the economic fashions. million views.

Video 52

Video social media Millennials Regulation 52

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. Here’s other grist for the mill. Might a bidding war develop?

Payments 117

Payments Mobile Cards Course 117