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Bank Regulator Sees Cryptocurrency Innovation Creating ‘Fool’s Gold’

The Financial Brand

Acting Comptroller draws parallels between booming blockchain-based currency businesses and innovations that ushered in the Great Recession. The post Bank Regulator Sees Cryptocurrency Innovation Creating ‘Fool’s Gold’ appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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4 Reasons Why Digital Banking Teams Struggle to Innovate

The Financial Brand

Having innovation as a priority is the first step, but it rarely goes further without first overcoming common roadblocks. The post 4 Reasons Why Digital Banking Teams Struggle to Innovate appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Will Regulators Stuff the Fintech Genie Back into the Bottle?

The Financial Brand

Synthetic banking' as practiced by fintechs and banking as a service users is targeted by the acting national bank regulator. The post Will Regulators Stuff the Fintech Genie Back into the Bottle? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Handcuffed by heritage

Chris Skinner

His work and publications have not only described the future of financial services and banking – it is shaping it as great many of the world’s leading banks look to Chris Skinner and his publications for advice and inspiration when shaping their strategies and solutions.

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New OCC Chief Targets Fintech/Banking Deals & Crypto for Scrutiny

The Financial Brand

Acting chief at the national banking regulator wants to end fragmented views on financial innovation and has made CRA reform a top priority. The post New OCC Chief Targets Fintech/Banking Deals & Crypto for Scrutiny appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Credit Unions Unite Behind Digital Banking

PYMNTS

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. That help is forthcoming, as in the case of the Central Bank of Ireland , which is changing regulations to favor more CU lending with higher limits.

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Increasing Popularity of ‘Early Pay’ Products Raises Thorny Questions

The Financial Brand

Potentially the answer to the controversy swirling around payday lenders and overdrafts, can this nascent product be regulated appropriately? The post Increasing Popularity of ‘Early Pay’ Products Raises Thorny Questions appeared first on The Financial Brand - Banking Trends, Analysis & Insights.