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OCC’s New Office of Financial Technology Portends Increased Supervisory Activity

CFPB Monitor

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

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Trulioo Adds Leigh Ramsden As New Chief Financial Officer

PYMNTS

Global identification verification company Trulioo has enlisted former Absolute Software executive Leigh Ramsden as its new chief financial officer, according to a press release emailed to PYMNTS. Ramsden was previously Absolute Software's interim chief financial officer.

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New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. The investment and its associated valuation put the company's total value in excess of $1.2 billion, according to a company blog post.

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TIS Notches $20M For B2B Payments Flow Platform Expansion

PYMNTS

More than ever, companies who operate globally need to be able to rely on solutions that support their business-critical payment processes.”. Treasury Prime, for its part, has an application programming interface (API) that allows banks to provide a revamped interface to legacy backend technologies.

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Cred Crypto Lender Names PayPal Veteran As CFO

PYMNTS

“Cred is solving concrete problems for individuals, companies and governments,” said Podulka in the release. Cred combines the best of blockchain and the best of traditional finance to offer superior financial services and is insured, licensed and compliant. It’s a pleasure to be a part of this winning team.”.

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The Fiserv-First Data Merger Is Complete

PYMNTS

At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

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PayPal Deepens LATAM Reach With MercadoLibre Integration

PYMNTS

30), PayPal announced an expansion of its partnership with Argentinian eCommerce company MercadoLibre (dubbed the “eBay of Latin America”), as it positions itself to capture more of Latin America’s market share. Today (Dec. ” “This is just the beginning of things we can do together,” he said.

America 156