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Governments Sending Mixed Signals On Blockchain

PYMNTS

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. SEC Chairman Jay Clayton spoke Monday (Jan. Sullivan last year.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

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FinTech year in review: What we saw and where we’re going

Insights on Business

Fintech startups have the creativity and agility to develop applications to please these consumers, but playing by the rules of this highly regulated industry costs money and ultimately slows them down. Technology isn’t a disruptor. Let’s face it, technology is only a disruptor to those who are not prepared to use it.

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Can The Wealthiest City Win At FinTech?

PYMNTS

Japan’s Financial Services Agency (FSA) announced its own plan to boost the FinTech market by making it easier for companies to collaborate with the financial technology industry. According to Reuters, the decision could enable the flow of capital on an estimated $9 trillion in cash deposits. The Future Of FinTech?

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Calling All Innovations – Now Accepting Applications for FinovateEurope 2017!

Fintech Labs Insights

Showcase new technology in front of an influential audience of high-level financial and banking executives; press and industry analysts; venture capitalists; regulators; and entrepreneurs. Generate press recognition, find customers, network with peers, raise capital, and discover partners. We hope to see you in London!

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

Regulation. It’s been one year since EMV regulation in the United States was placed into effect. NACHA has imposed a same-day fee on every same-day ACH transaction to help financial institutions receiving the funds to recover the cost to enable same-day ACH. Capital One integration with Amazon Echo. The blockchain.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution. Commodity solutions for agriculture utilizing blockchain.