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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. The one million euros will be spent through 2019, according to reports. Banking, Eyed by the Fed.

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Investment Tracker: Bringing Auto Trading To The Digital Age

PYMNTS

Auto dealers don’t get to pick their inventory from a catalog or from snazzy marketing materials delivered personally from a sales representative. The company has tripled its workforce, according to Buffalo News , and plans to expand from its base in Buffalo to the larger markets of Cleveland and Pittsburgh. In the U.S.

Cleveland 100
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ORACLE: Swinging the Bat in Cloud Services

Celent Banking

After three days at OpenWorld, I realized that the real story of interest to banks is Oracle's emerging cloud story, which coupled with its existing core banking applications business puts them in a really interesting position to transform the core banking systems market.

Chicago 100
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Early-Bird Discount Extended for FinDEVr Silicon Valley

Fintech Labs Insights

On October 18 & 19, FinDEVr Silicon Valley will showcase the latest in fintech tools, tech, APIs, platforms, case studies, and tutorials. Speaking topics will span the fintech spectrum with payments, blockchain, investment, big data, finance and wealth management, security, and more. Federal Reserve Bank of Cleveland.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Noninterest income associated with the housing markets such as securitization, trading, and real estate slowed significantly during the financial crisis and beyond. Some respondents indicated this may come in the form of higher fees and purchases of loans originated on a fintech platform.

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

The issue is that, Facebook aside, many of these coins, which are in the process of being launched or even yet to be conceptualized, will be “minted” by a slew of smaller FinTech and non-bank companies (including those focused on blockchain ), with relatively limited resources to devote to hurdling regulatory challenges.