PYMNTS

OCTOBER 10, 2019

The regulator made the remarks at the Finopolis forum of innovative financial technologies. “As Russia’s Central Bank , we have been studying this topic and the need to issue a national cryptocurrency is not obvious for us. She has said that she sees the promise of blockchain technology , however.

National 100

National cryptocurrency Study Comparison 100

PYMNTS

SEPTEMBER 18, 2019

17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them, according to a report by Reuters. Speaking about stablecoins, which are cryptocurrencies backed by more traditional financial products, like fiat currency, securities or gold, Scholz said, “We cannot accept a parallel currency.

cryptocurrency 135

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PYMNTS

OCTOBER 16, 2019

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. The fact is that the financial system … is the most heavily regulated part of the economy. He said that regulation is an important aspect of the field.

Fintech 116

Fintech cryptocurrency Regulation System 116

PYMNTS

JUNE 20, 2019

Federal Reserve Chairman Jerome Powell revealed that Facebook has spoken to the central bank about its upcoming cryptocurrency, called Libra. It reportedly has already found backing from over a dozen companies, including Visa, Mastercard, PayPal Holdings and Uber Technologies on it.

cryptocurrency 108

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PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). In March, Brex opened its first international office , a technology hub in Vancouver, Canada.

FDIC 166

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Insights on Business

MARCH 12, 2018

During the interview, he describes how we are in the middle of a cryptocurrency “explosion” that is ripe for regulation. He expects regulation in crypto as a matter of when, not if, and the future success or failure of this new form of this volatile currency may very well hinge on how it’s regulated.

Groups 79

Groups blockchain cryptocurrency Regulation 79

PYMNTS

NOVEMBER 27, 2019

Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC). It started a FinTech-targeted Innovation Hub this month, saying that the hub should “foster international collaboration among central banks on innovative financial technology.” .

blockchain 236

blockchain Innovation System Financial Technology 236

PYMNTS

JANUARY 8, 2020

Call it, perhaps, a New Year’s Resolution list — for regulators. Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. In addition, there will be examination of transfer agents (which help to settle transactions) that are developing blockchain technology.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

Payments 294

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PYMNTS

FEBRUARY 15, 2019

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. Open Financial Technologies. India’s Open Financial Technologies raised $4.6

Capital 122

Capital cryptocurrency Operations Financial Technology 122

PYMNTS

JANUARY 24, 2018

It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government to explore the potential of blockchain, proving the Feds haven’t written the technology off. SEC Chairman Jay Clayton spoke Monday (Jan. securities bar.”.

blockchain 133

blockchain Fort Worth Bitcoin Regulation 133

CFPB Monitor

JULY 17, 2019

As readers of our blog know, our consumer financial services group has been at the forefront of legal developments involving new technologies. Our Banking and Financial Services and Retail industry groups add further depth and specialized knowledge.

Fintech 60

Fintech United States cryptocurrency Groups 60

PYMNTS

NOVEMBER 3, 2019

The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange. FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency.

blockchain 101

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PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. So, there is a balance that needs to be struck.”.

Payments 172

Payments Fraud Security Technology 172

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. China could improve its regulatory technologies. For example, implemented in an appropriate way, Blockchain technologies could support the exchange of personal data for client onboarding incl. Cryptocurrencies. Financial Services.

System 28

System Fintech blockchain Innovation 28

PYMNTS

SEPTEMBER 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become a broadly adopted payments instrument.

cryptocurrency 345

cryptocurrency Regulation Financial Technology Meeting 345

PYMNTS

JULY 24, 2020

Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. with an app and debit card, expanded into cryptocurrency trading with Paxos Trust Co., Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

CB Insights

JULY 1, 2018

The periodic table includes Canada’s only current unicorn company, the social messaging platform Kik Interactive , which launched its own Ethereum-based cryptocurrency in 2017. Restaurant Tech: This category includes companies that provide technology solutions for restaurant management, bookings, staffing, inventory management, etc.

Software 78

Software Capital Mobile Technology 78

Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. The world is changing, prices are collapsing, and people are going on about mobile apps and cryptocurrencies. Unlike Goldman, Schwab has a real consumer footprint with a relatable, non-alienating brand, and deep consumer technology.

Strategy 52

Strategy Fintech Capital Case Study 52

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to MVB Financial.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

CFPB Monitor

SEPTEMBER 24, 2020

Money transmitters, payments firms and cryptocurrency companies licensed in 40 or more states would be covered by the program, to be known as “MSB Networked Supervision”. Currently, there are 78 companies that meet this threshold.

Regulation 60

Regulation Payments cryptocurrency Conference 60

PYMNTS

FEBRUARY 26, 2018

In general, as noted in Financial Times , there’s been a lack of new legislation shifting the ground beneath the financial industry’s feet. A bill to reshape Dodd-Frank that may come to the Senate floor in the next few weeks, eyeing smaller financial institutions, does a number of things. SEC Eyes Crypto Exchange Activities.

Regulation 101

Regulation Bitcoin Innovation Fintech 101