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Merchants Ready For Open Banking β€” And Its New Laws β€” To Impact US Rollout

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the Federal Reserve Bank of Boston said, β€œTo date, U.S. regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K.

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Caesars Puts Stake In Online Betting Co DraftKings

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Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. and international sports, pursuant to state rules and regulations. and Australia. .” and Australia.

Online 108
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Boston Fed Takes On Cyber Risks, FinTech Competition

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Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today. However, this rapid evolution generates risks,” Rosengren said.

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Cautious Property Firms Put The Brakes On Rapid Growth

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Traditional Silicon Valley startups accelerate through cash to achieve rapid expansion, with the goal of easier profitability once a certain market size has been secured. Sonder closed 100 units in Boston last year after city regulations were modified, impacting its business model.

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Five At Five: Mastercard Makes A Biometric Bet

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Today’s stories include a new mark in the evolving relationship between payments and biometrics, along with a look at possible new regulation for digital currency. As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards.

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Crypto 2020: One Step Up; Two Steps Back

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Said Allaire of the bid to get digital currencies more front and center: β€œRegulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

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SEC Charges Two Firms With ICO Violations

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Securities and Exchange Commission late last week settled charges with two companies it charged with offering digital tokens in a manner that ran afoul of rules. Back in March the SEC said it would treat most token offerings as the same as securities offerings and that it will impose fines on those that skirted the laws.

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