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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

Khosla Ventures also backed Cafe X Technologies in Q1’17, alongside The Thiel Foundation, Felicis Ventures, and Social Capital. The company went public in 2005 after raising $37M from investors including FA Technology Ventures, Fenway Partners, iD TechVentures, iD Ventures America, and Trident Capital.

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The Future Of The Factory: How Technology Is Transforming Manufacturing

CB Insights

Viant, a project out of the Ethereum-based startup studio Consensys, works on a number of capital-intensive areas that serve manufacturers. Large capital goods have evolved to a “power by the hour” business model that guarantees uptime. Labor augmentation & management.