PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. These surveillance technologies are opening a hornet’s nest of privacy and security concerns for citizens.

Innovation 209

Innovation New York City System Tools 209

Perficient

DECEMBER 14, 2020

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. Cloud Computing will be Increasingly Regulated. In order to capitalize on projected increases, marketplaces will have to expand offerings, standardize contracts and billing terms, and simplify multi-vendor management.

Technology 348

Technology Trends Software Resources 348

CB Insights

OCTOBER 29, 2020

Capital markets infrastructure powers the trade of stocks, bonds, and other securities, handling $3000T+ in transactions each year. Currently, complex processes are needed to ensure regulatory compliance and enable secure, trustworthy trades. Other notable projects in this space include Nivaura.

Capital 101

Capital blockchain Marketing Company 101

PYMNTS

JUNE 20, 2019

Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”. One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To The Bank of England approaches Libra with an open mind but not an open door,” Carney said.

Regulation 116

Regulation social media cryptocurrency Capital 116

PYMNTS

SEPTEMBER 30, 2020

It would instead offer payment companies a national servicing platform to replace the regime of state regulations such firms would be subject to under existing laws. Commercial companies accessing a payments charter would avoid oversight and regulations that protect the financial system and consumers,” the bank industry leaders wrote.

Regulation 349

Regulation National System Industry 349

Chris Skinner

MAY 12, 2017

He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga. Chris Skinner: The world’s leading-edge regulatory bodies are creating lighter regulations than one required for a full banking license.

Regulation 255

Regulation Capital Fintech Innovation 255

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Submit your application here before November 25.

Capital 98

Capital blockchain Marketing Security 98

PYMNTS

MAY 9, 2016

Last week, OnDeck, Kabbage and CAN Capital banned together to form the Innovative Lending Platform Association (ILPA), an advocacy group to champion increased transparency for small business borrowers in the alternative and marketplace lending sphere. Is the alternative lending space concerned about incoming regulation?

Regulation 100

Regulation Lending Capital Industry 100

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators. About The Tracker .

Video 211

Video Report Meeting United States 211

BankInovation

MARCH 10, 2023

Silicon Valley Bank was taken over by regulators today following a week of abnormality that included a sale of securities on Wednesday, capital raising efforts on Thursday and a stock plummet of nearly 70% this morning.

California 52

California Data Capital Regulation 52

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). The region is also home to an active and fast-growing startup scene.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

FEBRUARY 15, 2018

He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It The pilot being run with those initial seven states will provide some answers for how state regulators can streamline the process.

Washington 101

Washington Regulation Conference Fintech 101

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Akber Jaffer, EVP, Treasury and Capital Markets Business Unit at Finastra said, “As the deadline for UMR approaches, the need for new and complex calculation methods for initial margin calculation is more important than ever.

Compliance 60

Compliance Management Regulation Software 60

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted. The list goes on.

Innovation 131

Innovation Payments Apple Mobile 131

Celent Banking

MAY 20, 2016

They demonstrated: Degree of innovation. Left to right, Martin Pilecky, CIO Alfa-Bank; Gary McAlum, SVP Enterprise Security Group USAA; Joan McGowan, Senior Analyst Celent). USAA: SECURITY SELFIE, NATIVE FINGERPRINT, AND VOICE SIGNATURE. Degree of difficulty. Measurable, quantitative business results achieved.

Security 113

Security Fraud Case Study Risk Management 113

PYMNTS

SEPTEMBER 28, 2020

I’m thrilled that Ant Bank has officially opened today and we are now able to offer our innovative, inclusive and secure products and services to Hong Kong citizens,” said Ant Group CEO Michael Wang, according to the report. “We Earlier this month, Shanghai regulators approved Ant Group’s request to proceed with its IPO share sale.

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

JUNE 23, 2016

Santander InnoVentures , a FinTech venture capital fund, announced on Wednesday (June 22) that it is making a strategic investment in identity verification platform Socure. But it can also be utilized in applications across fraud prevention and compliance to help businesses adhere to anti-money laundering (AML) regulations.

Security 107

Security Fraud Compliance Capital 107

Bussman Advisory

FEBRUARY 21, 2018

There should be no doubt by now that initial coin offerings – token sale fundraisings by startups – have established themselves as new and very compelling forms of capital raising. This has begun to disrupt above all the traditional venture capital model by providing a compelling alternative fundraising mechanism for startups.

Capital 67

Capital Cyber Security blockchain cryptocurrency 67

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Will Chinese Authorities Force Ant To Restructure? . A Growing Crackdown .

US 168

US Regulation Groups System 168

BankBazaar

MAY 7, 2024

There are now 100 million active Credit Cards in India, and FY25 is poised for significant innovations and rapid growth in this space. Our focus on forging meaningful partnerships with solutions that are fully compliant with co-brand Credit Card regulations has positioned us well to leverage this growth phase in the industry.”

Branding 78

Branding Cards Fintech Leadership 78

PYMNTS

MARCH 17, 2017

But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. The movement toward financial inclusion, and toward a consumer experience that is seamless and intuitive and secure, is one that brings companies to share process and perhaps even prosperity. Connectivity and Collaboration.

Innovation 103

Innovation Lending Boston Security 103

Abrigo

FEBRUARY 3, 2020

Financial institutions generally are moving away from self-managed, on-premise technology and are finding hosted solutions that provide the security and scalability they need. Dollars for innovation tied up in IT infrastructure. That leaves resources – in terms of both capital and staffing – available for other needs.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

MARCH 31, 2020

MatchMove’s LightSpeed solution won top honors in the category “Best Payments Innovation of the Year” in the 4th Payments and Cards Awards 2019 held in Mumbai, India. It has raised $20 million to date with August One and SEEDS Capital, among others.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. million for alt-lenders this week. Find out how the more than $26.5

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

JULY 22, 2020

“This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. Her role will include legal and compliance oversight including the company affiliate, Brex Treasury LLC, a Securities and Exchange-registered broker-dealer. Brex also announced Katie Biber has been named chief legal officer.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. Location: Fort Lauderdale, Fla. That’s no small feat for any de novo, especially during a pandemic.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

SEPTEMBER 11, 2019

“Switzerland offers a pathway for responsible financial services innovation harmonized with global financial norms and strong oversight,” Facebook’s Libra Association said in a statement to CoinTelegraph. “We Just yesterday , U.S.

Payments 182

Payments social media cryptocurrency System 182

PYMNTS

MARCH 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. It will also help Shanghai become an international financial center, as well as a hub for technology innovation.”.

Google 152

Google Big Data Innovation Apple 152

Gonzobanker

AUGUST 24, 2023

Rising interest rates depress the value of low-rate securities and loans. Banks had more than $500 billion in unrealized losses on their securities at the end of March. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however.

Innovation 148

Innovation United States Industry Technology 148

PYMNTS

JANUARY 7, 2019

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. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150

Lending Fintech Data Wyoming 150

South State Correspondent

MARCH 15, 2023

It turns out that confidence is more valuable than capital. Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. 9) Brand Matters: SVB had one of the best brands in banking.

social media 195

social media FDIC Branding Management 195

Bank Innovation

MARCH 19, 2020

What is the role of innovation in response to these rapidly unfolding events? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

Meeting 293

Meeting Fintech Innovation Customer Experience 293

PYMNTS

DECEMBER 17, 2019

FIs must thus find ways to shore up such weak points if they wish to keep their customers loyal and secure. FinTechs often market themselves as technologically savvy, claiming they have created innovative digital tools that improve upon established banks’ offerings. Bigger Banks And The Problems With Data Security.

Technology 142

Technology Fraud Data Security 142

Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. It is a continual battle requiring vigilance, innovation, and a commitment to safeguarding all stakeholders. financial s ystem. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

JANUARY 30, 2019

Reuters , citing the China Securities Regulatory Commission , said the technology innovation board would list companies in the tech and emerging sectors with a focus on high-tech manufacturing equipment, new energy, biotech, Big Data and cloud computing. curbs on Chinese tech companies and developments. It also comes as the U.S.

Company 115

Company New York Big Data Innovation 115

PYMNTS

MAY 31, 2019

The 2008 financial crisis gave rise to the alternative lending market as a result of a massive gap in available capital, especially for small businesses and startups. Alternative finance , for instance, also filled the need for small business borrowers to obtain a faster, digital way to access capital. Earlier this month, the U.S.

Lending 130

Lending Regulation Capital Industry 130