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ICC Says Regulation Limits Trade Finance

PYMNTS

Reports in Reuters on Tuesday (May 28) said UBS expects its regulatory costs to remain high in the years ahead after a decade of more stringent regulations leading to heavier, more costly burdens on banks. “That has tied up enormous resources.” “Why is this so significant?

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Bitcoin Daily: Bitcoin Loses $18M, Microsoft Uses Blockchain To Give Consumers More Control Over Personal Data

PYMNTS

Bitcoin was hit with an $18 billion market loss in just three days. Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. and Canadian securities regulators.

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FICO Resilience Index Now Available for Lenders to Pilot

FICO

Regulatory Stress Tests – By actively managing FICO® Resilience Index distributions to build more robust portfolios over a full market cycle, financial institutions can more precisely set capital requirements to comply with the Comprehensive Capital Analysis and Review (CCAR) and Dodd-Frank Act Stress Tests (DFAST).

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ICOs Have Raised Billions — But Now VCs Are Swooping In

CB Insights

Bypassing the skepticism and more onerous process of traditional VC financing, blockchain teams raised more than $18B over the past year through initial coin offerings (ICOs), often with little more than a white paper. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology.

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Can FinTech Walk The FinTalk?

PYMNTS

Anyone in a regulated industry — and that’s just about all of them — are also plenty dubious about using cryptocurrencies as the processing rails for supporting those pilots and incorporating them into their longer-term plans should their pilots show promise. And to learn. All you need for proof is to just follow the smart money.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Targeted at Marketing, execs, lines of business owners, etc. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution.

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The 2015 GonzoBanker Awards

Gonzobanker

Community bank marketing resources. With market opportunity heating up and big bank and big credit union competitors hitting hard, too many community banks lack marketing resources … or they have 2X more spending in sponsorships than the campaigns, analytics and digital sales improvements that actually bring in new business.