PYMNTS

AUGUST 3, 2018

Office of the Comptroller of the Currency (OCC) to allow FinTech companies to operate in all states, according to the same standards as banks — a move that would require the office to issue special charters to those younger payment and financial technology firms. Additionally, the report calls upon the U.S.

Fintech 115

Fintech United States Regulation Innovation 115

PYMNTS

AUGUST 10, 2019

Cash App, a smartphone-based money transfer service operated by financial technology company Square Inc., Of course, most of those lists include the by-now-ancient-seeming “Money” by Pink Floyd – a track from an album released in 1973 – along with other staples of so-called classic rock.

San Francisco 169

San Francisco Trends ATM Groups 169

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Banking Resources. Other podcasts of note to check out.

Community 195

Community Lending Maine Resources 195

PYMNTS

NOVEMBER 14, 2017

.” FIs are beginning to look at the concept of open banking as a positive force that can help them become more flexible, agile and adaptive of FinTechs and the technologies they offer, bringing them to their own customers. “Clearly, banks need to update and upgrade their technology,” Nelson said.

Fintech 164

Fintech Regulation Regional Data 164

PYMNTS

JUNE 18, 2019

The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. But Bottomline Technologies, which recently announced its collaboration with Starling Bank in the U.K. Adoption of real-time payments in the U.S. has been slow, particularly compared to other markets like the U.K.

US 119

US Massachusetts Tools Payments 119

PYMNTS

JANUARY 25, 2019

Combine that with the cognitive decline, and in some cases, dementia that can strike senior citizens (not to be insensitive, of course) and it’s easy to see the opportunity that criminals have. But the U.S. Treasury stats are a reminder of the role that seniors play both in banking and as targets of fraud.

Fraud 187

Fraud Connecticut Online Report 187

PYMNTS

JULY 10, 2018

Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. Coming up on the half mark in 2018, total fundraising on the continent has hit $168.6 million — already ahead of 2017’s full-year take of $167.7 So why the boom?

Lending 100

Lending ATM Online Course 100

PYMNTS

FEBRUARY 29, 2016

For FIs, these technologies need to be about faster payments, less friction, a higher return on investment and a deeper relationship with clients and partners if a bank is to be convinced that it needs to help propel payments innovations for its business customers. There really has to be a strong reason to change.”.

Innovation 100

Innovation Fintech Tools Technology 100

CFPB Monitor

JULY 21, 2022

Of course, the sweeping AML Act of 2020 was passed because it also was tucked into the massive defense spending authorization bill for that year—so backers of BSA/AML expansion appear to be reverting to tactics which previously bore fruit. This is arguably the most puzzling provision of the amendment.

United States 78

United States Taxes Regulation Compliance 78

PYMNTS

DECEMBER 22, 2016

And, of course, Brangelina broke up, leaving us all to wonder if love is real after all. That has been one of the key takeaways from our conversations with Walmart , PayPal, Visa , Mastercard , Chase , Citibank and Samsung over the course of the last year. But while while many things changed in 2016, one thing did not.

Mobile 100

Mobile Payments Samsung Cards 100

NCR

JUNE 1, 2016

That’s surely the simplest way to describe the Internet itself, of course, but does it also apply to blockchain as a whole and Bitcoin in particular? They are fully aware of both the potential and the pitfalls of blockchain operations, and they know the subtleties between what it is, what it could be, and what it might be.

blockchain 40

blockchain Bitcoin Michigan Policies 40

Gonzobanker

FEBRUARY 4, 2019

Almost anything that is available in-house is available through the cloud, and financial institutions will do well to investigate the flexible pricing and scale options of cloud and outsourced computing. Many cloud and infrastructure outsourced services also offer the ability to pay based on usage. Stay on track with the tech refresh cycle.

Technology 79

Technology Survey Tennessee Strategy 79

PYMNTS

JULY 17, 2017

In fact, the coffee chain has seen its fair share of operational headaches as of late. In this case, the headache comes from the order-ahead technology that has made Starbucks a consumer favorite — and left its staff feeling a bit tapped out. And, of course, planning can only take one so far. Starbucks Mobile Order-A-Headache.

Data 100

Data Survey Fintech Regulation 100

Lex Sokolin

DECEMBER 23, 2020

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. To what type of organism is a permissionless, open source, programmable financial ecosystem most uncomfortable? To what type of technologist is decentralized technology a risk? Microsoft has evolved far from this point.

Regulation 52

Regulation US System Operations 52

Lex Sokolin

DECEMBER 23, 2020

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. To what type of organism is a permissionless, open source, programmable financial ecosystem most uncomfortable? To what type of technologist is decentralized technology a risk? Microsoft has evolved far from this point.

Regulation 52

Regulation US System Operations 52

PYMNTS

JANUARY 2, 2017

We think the current state of traditional banking creates a great opportunity for new entrants like Chime, and I think we’ve seen that over the course of 2016,” said Britt. million transactions conducted over the course of October, with an average transaction value of more than $1,000, NACHA reported. His advice for big banks?

Retail 123

Retail Millennials blockchain Mobile 123

PYMNTS

JULY 11, 2017

Of course, there’s a measure of inspiration thrown in, too, but a good idea without an application, or one that remains an idea but is never carried out, isn’t a very good idea at all. This has enabled our customers to engage in new technologies faster and more cost-effectively and keeps them competitive in the marketplace.

Innovation 101

Innovation social media Security Leadership 101

Banking 2020

FEBRUARY 8, 2016

Of course, it’s all driven by technology. In that sense, it’s not just the financial services industry that’s now modular; the entire future is. This represents a transformation from what we have now, a mix of integrated one-stop shops, to different providers competing for different services along the supply chain.

Industry 40

Industry Study Regulation Comparison 40

Lex Sokolin

AUGUST 25, 2020

We continue to be enamored with the technology’s ability to create all this stuff on an open source chassis without any traditional financial technology. They are wrong in many ways, of course. structured product, derivatives, hedging, portfolio packaging, tranching, and so on. Subscribe now.

Community 52

Community Fintech US cryptocurrency 52

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Some technology observers also believe that tying mobile payments services to loyalty benefits or other incentives should provide a strong spark for a second wave of new mobile adoption.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

NOVEMBER 29, 2016

There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. Even the titans of payday lending aren’t operating with thick or even comfortable margins. The Problem With PayDay Lending .

Lending 100

Lending Regulation Groups Innovation 100

CB Insights

OCTOBER 31, 2019

Microsoft’s Satya Nadella referred to chat as the “third run-time” — an indispensable piece of operating a platform, second only to the operating system and the web browser. Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology.

Industry 78

Industry Examples Tools Retail 78

Fintech Labs Insights

OCTOBER 16, 2016

In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. over the course of the year and found: 78% of cards now contain EMV chips, up from 46% in October 2015. Big handshakes. Cardtronics acquires DirectCash Payments. InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12