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Independent Panel To Review UK’s FinTech Sector 

PYMNTS

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015.

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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Questions directed at Ms.

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Brussels To Investigate German Regulator Over Wirecard

PYMNTS

Valdis Dombrovskis , the European Union’s (EU) executive vice-president in charge of financial services policy, said Wirecard’s collapse threatens investor trust in the EU, the newspaper reported. He has said allegations about Wirecard’s accounting practices are false and misleading, the newspaper reported.

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Hong Kong’s FinTech Strategy

Chris Skinner

It shows how important FinTech is when major financial centres vie for focus. London has been leading the charge to be the FinTech capital of the world, but many other cities are nipping at their toes. Jurisdictions such as the UK, Singapore, Switzerland and Australia are introducing FinTech-friendly policies and regulations.

Strategy 271
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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Separately, the Securities and Exchange Board of India (SEBI) is in the midst of plans for a “sandbox” that will help boost FinTech efforts for capital markets, as reported by The Hindu. 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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Flywire CEO: How Higher Ed Must Find The Flexibility To Manage Cash Flow

PYMNTS

Decisions on whether to have students return to campus or remain in a remote education environment will largely depend on the geographic location of schools and the respective governmental policies. “This is going to cause people to pause and look at these policies long term,” Massaro predicted. An Interconnected Ecosystem.

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How Higher Education Finds The Flexibility To Manage Cash Flow

PYMNTS

Decisions on whether to have students return to campus or remain in a remote education environment will largely depend on the geographic location of schools and the respective governmental policies. “This is going to cause people to pause and look at these policies long-term,” Massaro predicted. An Interconnected Ecosystem.