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RTP network growing 25% every month: The Clearing House

Bank Innovation

Speaking at an industry conference in New York this week, Steve Ledford, senior vice president of products and strategy at The Clearing House, said the network is seeing 25% growth every month. The Clearing House reports that its real-time payments (RTP) network is growing more quickly than anticipated.

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OCC’s Otting: Fintech charter will see the light of day

Bank Innovation

At the RegTech 2019 conference in New York on Tuesday, he reiterated the case for having nonbanks that offer banking services under regulatory oversight. “We started to pursue […].

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Demo: 5 Use cases centering around an Advisor (Andrew) who met with customer who opened a new account. Andrew just needs to review the account and forward on to compliance for their review. Andrew can snooze until Compliance has done their work so his workspace is not cluttered. Their application is middleware.

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37 Corporate Innovation Labs In Finance

CB Insights

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. Key people: Elly Hardwick, Head of Innovation. Deutsche Bank has innovation labs in Silicon Valley, London, Berlin, and most recently, New York (opened in 2017).