PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money in India would be reportedly based on Unified Payments Interface (UPI), the real-time payment system of the National Payments Corp. of India (NPCI).

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

OCTOBER 9, 2019

In other news, the SIX Digital Exchange (SDX) announced that it is joining forces with the Swiss National Bank (SNB) on a proof of concept to look into how digital central bank money could be used in the settlement of tokenized assets between market participants. “As percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

NOVEMBER 21, 2018

With FinTech driving innovation and competition in the cross-border payments space, governments can no longer afford to ignore changing and heightening demands for greater speed, transparency and efficiency in global transactions. Reuters reported earlier this month that the Financial Stability Board (FSB) counted a 4.1

Payments 123

Payments Innovation National System 123

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C.

Policies 60

Policies Lending Data Online 60

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. This technical friction causes initiatives to slow and allows less room for innovators to deliver new value. Today, financial institutions are technology companies.

Technology 135

Technology Regional Community Bank Community 135

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. Leveraged by tremendous customer data, Chinese Fintech companies have an edge over their Western counterparts in innovation applications.”. China could improve its regulatory technologies. Compliance. Financial Services.

System 28

System Fintech blockchain Innovation 28