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Top News in Payments: Uber Halts Upfront Pricing in CA; Amex Cleared To Operate In China

PYMNTS

Amex Cleared To Operate In China. The central bank in China said it accepted an American Express application to start working in the country but did not say when Amex would begin operations. Hundreds Of FinTechs Move From UK To EU Ahead Of Brexit. Specifically, what will happen to London’s standing as a FinTech hub?

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. This bill of “personal financial data rights” is similar to the California Privacy Protection Act that is already in force for banks doing business in CA.

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CA Dept. of Financial Protection and Innovation signs MOUs with five earned wage access companies

CFPB Monitor

The DFPI indicated in its announcement that it believes the MOUs “to be the first agreements of their kind between the fintechs and a state regulator.”. According to the DFPI, the MOUs are intended to allow the EWA companies “to continue operating in California, in advance of possible registration under the [CCFPL].”

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How Payments Security Drives Digital Transformation

PYMNTS

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change.

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Blockchain Starts 2017 With A Bang

PYMNTS

356 blockchain-related patents were pursued by companies last November, more than double the number pursued by businesses last January, according to Reed Smith FinTech intellectual property expert Marc Kaufman, reports said last week. 8 new members joined Hyperledger Project , a blockchain consortium that operates across the globe.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. Marion, Ky. Asset size: $114 million.

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First Look: Watch 7 Fintech Startups Pitch at Startupbootcamp Sydney

Fintech Labs Insights

Startupbookcamp continues to accelerate fintech startups around the globe. A few months ago (Dec 2020), they graduated a new cohort of 7 startups operating in (or planning to enter) the Australian market. HQ: San Jose, CA. Related: The 168 Fintech Unicorns of the 21st Century (April 2021 update). HQ: Manz, Germany.