CFPB Monitor

APRIL 5, 2017

On March 30, Director Cordray gave his annual speech to the United States Chamber of Commerce’s 11th Annual Capital Markets Summit. His prepared remarks focused on the CFPB’s role in adopting regulations. He trumpeted the CFPB’s promulgation of detailed regulations for the mortgage industry.

Regulation 68

Regulation United States Lending Capital 68

PYMNTS

MARCH 4, 2019

The completion of the deal comes as talk abounds that the company wants to raise $250 million in fresh capital. “As a crowdfunding pioneer in the United States, SeedInvest helped to shape the JOBS Act. News of the deal comes after news broke over the weekend that Circle was seeking more capital.

United States 128

United States Capital blockchain cryptocurrency 128

PYMNTS

JULY 1, 2019

This delicate dance could involve “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park, founder and chief investment officer at Anthemis, a venture capital firm that invests in crypto. Facebook won’t “get a free pass anywhere,” Park said. It’s only going to get worse.”.

cryptocurrency 102

cryptocurrency Regulation United States New York 102

CFPB Monitor

APRIL 5, 2017

On March 30, Director Cordray gave his annual speech to the United States Chamber of Commerce’s 11th Annual Capital Markets Summit. His prepared remarks focused on the CFPB’s role in adopting regulations. He trumpeted the CFPB’s promulgation of detailed regulations for the mortgage industry.

Regulation 60

Regulation United States Lending Capital 60

PYMNTS

JANUARY 11, 2021

For its part, Paxos describes itself as a regulated financial institution that builds infrastructure to enable movement between physical and digital assets. So it started with crypto — that's [its] native token — and it has moved to cash,” Cascarilla said, noting the current $25 billion tokenized cash market that grew fivefold last year.

blockchain 193

blockchain Bitcoin Regulation System 193

PYMNTS

NOVEMBER 14, 2018

The twin pressures of government oversight and a trade war with the United States are proving to be headwinds to that growth. Growth that might be spurred by cross-border acquisitions (and, therefore, new markets) has been stymied by the U.S. Tariff wars don’t help that scenario, of course. They’re going bankrupt.”.

Regulation 122

Regulation United States Industry Course 122

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

AUGUST 29, 2019

The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia.

Bitcoin 101

Bitcoin North Carolina blockchain San Francisco 101

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Here In The States. In the United States, sandboxes are grabbing a bit of headline space.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

MARCH 13, 2019

By way of comparison, there are 11,000 pawn shops in the United States, but the average loan size is only around $100. As of now, the country’s insurance and banking regulator is beginning to draft new rules aiming to toughen up oversight in the pawn shop lending industry, according to sources cited by Bloomberg.

Lending 108

Lending United States Comparison Regulation 108

PYMNTS

FEBRUARY 22, 2017

While consumer confidence may be good, the stock market is at new highs and wages in general are up, there are some concerns bubbling up in this crucial sector of credit and lending. And in the United States, auto loans are growing as a class of consumer credit. Yet the market – as in the stock market – seems largely unfazed.

United States 116

United States Capital Taxes Analytics 116

PYMNTS

SEPTEMBER 21, 2018

Uber Eats is already the big player in the United States, with fast growth and the continuing addition of partners — that includes a recent deal with Starbucks for coffee delivery. Deliveroo could also give Uber more standing and revenue in London, where regulators have not been too kind to its ridesharing business model.

Regulation 128

Regulation United States Florida Report 128

PYMNTS

SEPTEMBER 25, 2019

Corporate entities have gained larger footprints on platforms as MySpace, Friendster and LiveJournal gave way to Facebook, Twitter and YouTube, enabling them to connect with customers and market their services. This top spot is appropriate for the United States’ biggest CU, with 8.6 million members and $106.1 billion in assets.

social media 128

social media Study Survey United States 128

PYMNTS

JUNE 17, 2019

Regulations Abroad. Beyond the confines of the United States, Latvia’s parliament has passed a new regulation that seeks to strengthen the ongoing efforts in the fight against money laundering and terrorism financing.

cryptocurrency 108

cryptocurrency California United States Regulation 108

PYMNTS

SEPTEMBER 8, 2017

Best highlights the strength of China’s logistics market, which saw $1.6 percent of the nation’s express delivery market in the first six months of 2017, reports said. Chinese companies, especially FinTechs, are beginning to turn to overseas public offerings to raise new capital, according to reports earlier this week.

United States 100

United States Google Fintech Maine 100

PYMNTS

MARCH 5, 2018

Participants pitch to a panel of Visa representatives — and a few large client representatives — in what Visa’s SVP of Digital and Marketing Transformation Shiv Singh described as a “Shark Tank”-like format. SoftBank Group led the round, along with participation from GIC, Wellcome Trust and Sequoia Capital.

Regulation 108

Regulation Data Regional America 108

Gonzobanker

JULY 10, 2020

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Capital will be king!

Risk Management 88

Risk Management Capital Strategy social media 88

PYMNTS

DECEMBER 15, 2017

Today in PYMNTS’ data, small- and medium-sized businesses (SMBs) have won the alternative financial venture capital (VC) funding rounds, millions of SMBs are in operation in the U.S. — today, according to the United States Small Business Administration.

Data 109

Data New York City eBook US 109

PYMNTS

SEPTEMBER 20, 2017

Chinese companies, especially FinTechs, are beginning to turn to overseas public offerings to raise new capital. Analysts say the trend is the result of tightened regulations at home, especially those impacting alternative lending startups. “An It’s also eyeing the ICO market with concern, recently banning them altogether.

United States 100

United States Fintech Maine Study 100

PYMNTS

MAY 1, 2019

While the cross-border B2B trade market has worked to address some major points of friction, from a $1.5 often lands in a neighboring state. It’s a region Pelletier said has some of the hallmarks of an emerging, high-growth market, which can help Canadian SMBs capture a larger portion of the $353.6 companies last year.

Regional 138

Regional Atlanta Capital United States 138

PYMNTS

SEPTEMBER 21, 2018

London keeps calling to Uber , which has had a rough time in the UK capital. Already, Uber Eats is the big player in the United States with fast growth and the continuing addition of partners — that includes a recent deal with Starbucks for coffee delivery. So what is Uber (reportedly) seeking? Uber Protests.

Regulation 108

Regulation United States Florida Report 108

PYMNTS

OCTOBER 29, 2019

This leads us to a bit of headscratching, as, in past coverage, we’ve noted that proponents of blockchain have stated that security and anonymity of data that flows between two parties is valuable because it cannot be touched, really, by anyone. In the United States, for a listing of as much as $400 million. million.

blockchain 117

blockchain Bitcoin United States Course 117

PYMNTS

JUNE 13, 2019

Amid a slew of busted initial public offerings in the tech realm, with Uber and Lyft among them, and the specter of regulators looking into platform firms like Facebook and Google, a recent addition to the pantheon bears watching. Fiverr has pointed to content marketing, graphic design and advertising as key services.

Course 124

Course United States Marketing Google 124

PYMNTS

JANUARY 8, 2019

Singtel’s Dash is bringing remittance services to Myanmar by teaming up with the United Nation’s Capital Development Fund (UNCDF), the company said in an announcement. In addition, the company reportedly plans to buy back some of its stock “subject to the rules and regulations of the SEC,” according to the report.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

OCTOBER 11, 2016

. “PacNet, an international payments processor and money services business, has a lengthy history of money laundering by knowingly processing payments on behalf of a wide range of mail fraud schemes that target victims in the United States and throughout the world,” the Treasury wrote.

United States 100

United States Operations Regional Report 100

Insights on Business

FEBRUARY 25, 2019

In the Financial Services industry, a range of businesses including banks, insurance companies, securities trading organizations, and capital market clients are required to comply with regulations that include information governance and stringent records retention requirements. Ability to set permanent retention per object.

Meeting 87

Meeting Industry Compliance Policies 87

Gonzobanker

AUGUST 24, 2023

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. In the first half of 2023, nearly half of the “checking accounts” opened in the United States were opened by digital banks and fintechs.

Innovation 148

Innovation United States Industry Technology 148

PYMNTS

JUNE 8, 2018

The recent $14 billion worth of fresh capital for Ant Financial — the China-based firm that is now the most valuable privately held tech firm in the world, ahead of Uber — comes amid fresh fears among some banking professionals in the West that China is passing them by. That would be up from 34 percent in 2017.

New York 108

New York social media United States Comparison 108

PYMNTS

SEPTEMBER 27, 2017

It’s a popular hotbed of innovation for FinTechs and, according to the September 2017 Asian Development Bank (ADB) report on the topic, FinTech investment in trade finance saw more than $13 billion in venture capital in 2016 alone. trillion trade finance gap which disproportionately impacts small- and medium-sized businesses (SMBs).

Fintech 128

Fintech Survey Lending United States 128

PYMNTS

JULY 30, 2018

“It’s our largest 5G deal to date, and, in fact, one of the largest deals Nokia’s ever signed,” Phil Twist, vice president for marketing at Nokia’s Mobile Networks unit, told a Bloomberg reporter. This underlines and makes concrete that 5G is coming to the market.”. 5G Adopters. “The 5G Adopters. Tencent, which has 1.04

Mobile 100

Mobile Las Vegas Los Angeles Payments 100

Jeff For Banks

JUNE 2, 2023

The early 1980s was a difficult time for the United States, as consumers faced rising prices, high unemployment, and the effects of a supply shock—an oil embargo—which caused energy prices to skyrocket. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

MAY 18, 2016

At JPMorgan Chase’s 2016 annual meeting of shareholders , CEO Jamie Dimon took the occasion to point toward the marriage, established and ongoing, between finance and technology, which may be viewed as a tailwind for market presence on a global scale and in new greenfield opportunities as well.

United States 100

United States Meeting Big Data US 100

PYMNTS

MARCH 28, 2016

And when it comes to online lending, the bond market just gave it a big thumbs down. Middleman sellers such as Citi may find rougher sledding in the future as credit funds (traditionally, buyers) have been losing some of their appetite in this market. Sometimes bonds do.

Lending 100

Lending Online United States Course 100

PYMNTS

SEPTEMBER 20, 2018

Those projects, of course, come from firms that are looking to capitalize on new revenue opportunities. In one market, top line stemming from Germany has been hurt by the consummation of the merger between Adecco and Tuja staffing businesses, while in France, management has been outperforming peers.

United States 128

United States Company Report Online 128

Celent Banking

JULY 24, 2015

In the United States, corporates got the option of earning interest in money market accounts with the repeal of Req Q by Dodd Frank. Operational deposits include working capital and cash held for transactional purposes. The earnings allowance is then used to offset the cost of cash management services.

United States 100

United States Operations Management Capital 100

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. The market, he said, “is very retail-heavy,” and retail investors who see their portfolios drop quickly by 20 percent are likely to rush to get out. By now you know South Korea is a prime mover for cryptocurrencies — be it up or down.

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

Independent Banker

FEBRUARY 24, 2016

Even as nearly one-third of Americans are already members of a credit union, it seems there’s almost nothing the NCUA still won’t try to further expand the market reach and special tax-exempt privileges of the credit unions it supervises. Talk about your captive regulator! When credit unions say “jump,” the NCUA says, “how high?”.

South Dakota 70

South Dakota North Dakota Montana Wyoming 70