PYMNTS

OCTOBER 10, 2019

The United States Federal Reserve has passed new rules which lower the liquidity and capital requirements for most banks, as well as easing other restrictions. The new rules mean that only the biggest banks won’t be allowed to lower capital requirements. percent less in capital and 2 percent less in liquid assets. .

United States 155

United States Capital System Regional 155

PYMNTS

DECEMBER 8, 2020

A recent survey of the 20 largest United States financial institutions (FIs) found that 20 percent still force customers to complete onboarding by visiting bank branches or speaking on the phone, with full online sign-up not allowed. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

Video 211

Video Report Meeting United States 211

PYMNTS

OCTOBER 21, 2020

The company’s investors include Benchmark, Shasta Ventures, Greylock Partners, Kleiner Perkins, Riverwood Capital, Bond, Axel Springer and Comcast Ventures. Facebook’s test of its new Neighborhoods feature comes at a particularly sensitive time for the social media giant, which is facing antitrust scrutiny by regulators around the world.

Community 200

Community social media United States Capital 200

PYMNTS

MARCH 12, 2020

Digital currencies, for their part, are seen as a property type and an asset when it comes to capital gains tax. Earlier this month, the French regulator said that it put forward the idea for a European “Digital Lab” regulatory sandbox letting local regulators put aside requirements that have to do with security settlements.

Security 130

Security Bitcoin Taxes United States 130

PYMNTS

OCTOBER 13, 2020

The funding will be harnessed to grow the firm’s labor force and bolster its Razorpay neobanking platform as well as its Razorpay Capital lending arm. Allegro’s IPO success comes after an uptick in successful IPOs in the United States in addition to a rush of shoppers’ retail dollars into online shopping amid COVID-19.

United States 130

United States Payments Regulation cryptocurrency 130

PYMNTS

MAY 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. According to Reuters , Europe has lagged behind the United States in developing new technologies. billion euros ($1.75

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US United States Samsung Innovation 108

PYMNTS

DECEMBER 17, 2020

GoCardless has landed $95 million in a Bain Capital Ventures-led Series F funding round. Australian buy now, pay later (BNPL) company Openpay has officially rolled out in the United States. Openpay also works in the United Kingdom, New Zealand and Australia. UK FinTech GoCardless Raises $95 Million Led By Bain.

Fintech 142

Fintech US Payments United States 142

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.

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Regulation United States Lending Capital 68

PYMNTS

JANUARY 15, 2021

With the rule, a decade of OCC guidance saying that the banks should work with risk assessment of individual customers is codified, rather than the alternative of making assumptions affecting whole categories of customers while working with services, capital or credit, the release stated.

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United States National Community Meeting 216

PYMNTS

JUNE 18, 2020

“We are proud of Eastern Bank’s history as the oldest and largest mutual bank in the United States and our enduring commitment to our customers, colleagues and communities,” said Rivers in the release. Sales agents for the IPO are Keefe, Bruyette & Woods Inc.

United States 142

United States Boston Community Security 142

PYMNTS

JANUARY 13, 2021

The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated. The benefit of having a federally chartered bank is that it preempts all the state laws,” Anchorage President Diogo Mónica told CoinDesk.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

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

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

OCTOBER 29, 2018

The move comes as interest rates increase in the United States, which, as Bloomberg noted, “has led to the strengthening of the greenback against other currencies, and flight of capital from emerging economies.” Among other developments is a push by the Reserve Bank of India to have its governor oversee payment regulation.

United States 115

United States Capital Payments Regulation 115

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

PYMNTS

SEPTEMBER 24, 2019

23) morning in Tallinn, the capital of Estonia. Danske Bank has been under a criminal probe from not only Estonia, but the United States , Denmark and France, over the scandal which saw money from former Soviet states, like Russia and Moldova, moved through the Estonian branch of the bank.

United States 116

United States Regulation Operations Capital 116

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. FinCEN states, fraud is believed to represent the largest share of illicit proceeds in the United States. financial s ystem.

Fraud 195

Fraud Training Trends Compliance 195

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. There’s also the fact that different federal agencies are simultaneously drafting and enforcing conflicting regulations. We need capital for three reasons really,” he said.

blockchain 193

blockchain Bitcoin Regulation System 193

PYMNTS

JANUARY 8, 2019

The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov. Flytrex claims to have the first “golf course delivery system” in the United States, as well as an aerial mail delivery program in the Ukraine. However, some people are trying to change those regulations.

North Carolina 111

North Carolina Company Security Course 111

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. Closer to home, regulation also bites into top-line traction, as FinTech and gaming , to name but two sectors, are getting more attention from the government. blocking of some tech-related acquisitions.

Regulation 122

Regulation United States Industry Course 122

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

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

JUNE 6, 2018

Months after rolling out a crypto trading platform , Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license in the U.S. Beyond Circle, Revolut , too, plans to apply for a banking license in United States in the near future. to transfer money at no cost. this summer.

US 100

US California United States New York 100

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

JUNE 30, 2016

The Journal noted that GE Capital had been a high flier, growing to be one of the biggest lenders in the United States. The ability to take on debt may help improve the firm’s estimation by regulators and investors. . Under the restructuring plan, aircraft and related items will still be core products for the firm.

United States 100

United States Operations Capital System 100

PYMNTS

MARCH 5, 2018

Visa’s Singh noted the program will kick off the year by opening up in the United States and Russia — meaning that soon, Visa will begin taking submissions in both regions. This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery,” CEO Tony Xu said.

Regulation 108

Regulation Data Regional America 108

PYMNTS

JUNE 16, 2020

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. As those in the United States start to depend on telecommuting more, he noted that “bad actors will increase their malicious activities and target those working from home.”

US 227

US Cyber Security Security National 227

PYMNTS

SEPTEMBER 11, 2019

Treasury official Sigal Mandelker, who serves as undersecretary of the Treasury for Terrorism and Financial Intelligence, said cryptocurrencies that operate anywhere in the United States will have to comply with regulations that target fraud.

social media 116

social media cryptocurrency Regulation United States 116

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 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

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

FEBRUARY 22, 2017

And in the United States, auto loans are growing as a class of consumer credit. In another example proffered by Bloomberg through its Intelligence unit, Capital One had $45 billion of auto loans on its own balance sheet, where a full third of that book has been extended to subprime borrowers.

United States 116

United States Capital Taxes Analytics 116

PYMNTS

SEPTEMBER 20, 2018

He spoke with Karen Webster about the P2P landscape in China and why having an IPO in the United States is about much more than just capital (hint: it’s about reputation and pride). The fresh capital and prestige could, indeed, enable expansion to other parts of Asia and other countries. The company has facilitated 1.7

US 166

US Lending New York Cards 166

PYMNTS

MARCH 11, 2016

A number of banks based outside of the United States have been raising opposition to proposals by the Federal Reserve to bring “too-big-to-fail” rules into force. units of those very banks. Those additions to capital structure were disclosed in draft rules that were made public in the fall of last year. The non-U.S.

United States 100

United States Capital Groups System 100

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

United States 100

United States Fintech Maine Study 100

PYMNTS

APRIL 14, 2020

She has capitalized on her experience by changing directions. When I first opened the spa, I’d been preaching small business for four years traveling the United States and telling people that they need to foster and create entrepreneurship in their areas,” she said. Assistant Secretary of Commerce.

Boston 252

Boston Massachusetts United States Retail 252

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.

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Data New York City eBook US 109