PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Regulatory News, of the Global Type. of India.

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Washington Regulation Conference Fintech 101

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. He sent the letter ahead of the 2020 IIF G20 Conference happening in Riyadh, Saudi Arabia this weekend, Feb.

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PYMNTS

MARCH 2, 2020

Germany-based FinTech services firm Wirecard is partnering with the Union Bank of the Philippines to improve banking services for corporate customers, Wirecard announced on Friday (Feb. UnionBank President and CEO Edwin Bautista pointed to the country’s expansion and said if everyone works together, the nation as a whole will see benefits.

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PYMNTS

DECEMBER 12, 2018

They tie in to public key storage offerings, and the tech giant has said that the offerings apply to smartphones and software The site maintained that the trademarks may be tied to offering storage for cryptocurrencies. The value of the transaction was not disclosed, reported Coindesk last week.

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Samsung blockchain Regional System 137

PYMNTS

MARCH 14, 2019

And there, Kohli said, innovation is helping corporates adapt to and manage these global risks. The rise of third-party payment providers, and the opportunity for traditional institutions to collaborate with them, has also opened doors for cross-border payments innovation. Treasurers’ Biggest Worries.

Payments 193

Payments Innovation National Fraud 193

The Financial Brand

JUNE 2, 2021

Acting chief at the national banking regulator wants to end fragmented views on financial innovation and has made CRA reform a top priority. The post New OCC Chief Targets Fintech/Banking Deals & Crypto for Scrutiny appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Fintech Banking Trends Analysis National 43

PYMNTS

OCTOBER 30, 2019

Recent filings show that China’s central bank will use its new verification system — the Certification of FinTech Products — on all of the products that could be used in digital payment technologies, including point-of-sale mobile terminals, embedded application software, user front-end software and security carriers and chips.

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blockchain Bitcoin Security Software 101

PYMNTS

JULY 1, 2019

Traditional banking options are not up to par in today’s digital world, and FIs and FinTechs need to be ready to support their clients with quick, transparent payment methods and easy currency conversions if they want to remain competitive. Canadian payments network Interac has experimented with blockchain for consumer payments.

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blockchain Payments Retail Innovation 211

PYMNTS

DECEMBER 6, 2017

Collaboration between FinTechs and banks. And, much to the relief of corporates, the continuing focus on B2B payments innovation. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We That’s where FinTech comes in.

Payments 183

Payments blockchain Innovation Fintech 183

The Financial Brand

NOVEMBER 3, 2021

Synthetic banking' as practiced by fintechs and banking as a service users is targeted by the acting national bank regulator. The post Will Regulators Stuff the Fintech Genie Back into the Bottle? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Regulation 41

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PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Or does it?

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Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Fintech Startup of the Week: Challenger Jiko Buys a $100M U.S. Digital Assets.

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PYMNTS

FEBRUARY 21, 2018

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Perhaps it isn’t surprising that analysts are now musing about how to avoid a repeat of the Punjab National Bank fraud scandal, and some are looking towards blockchain to do so. United States.

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blockchain Los Angeles Regulation Oregon 130

PYMNTS

MAY 16, 2016

Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. Alternative lenders, Biz2Credit CEO Rohit Arora said, “may soon become an afterthought for small business owners.” .

Fintech 108

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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.”. “It is notable that banks are not leading technology innovations in China. Blockchain.

System 28

System Fintech blockchain Innovation 28

PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Alas, there is no such thing as a sure bet, especially in the world of FinTech. Clearing the Air.

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blockchain Bitcoin cryptocurrency New York 124

Bank Innovation

SEPTEMBER 26, 2017

Japanese banks are planning to create a national digital currency for the nation, known as “J Coin,” that will be ready for the 2020 Olympics set to take place in Tokyo. The digital currency will be introduced by a consortium of banks, with Japan Post Bank and the Mizuho Financial Group at the head. The […].

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National Groups blockchain cryptocurrency 230

PYMNTS

SEPTEMBER 17, 2020

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.

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PYMNTS

OCTOBER 13, 2017

“As new technology advances bring innovation, we need to be careful that the impact of this is progressive and does not create barriers…”. Cryptos: Add Russia to the mix of nations saying “nyet” to the Wild West of cryptocurrency speculation. FinTechs and EU Banks: Unleveled playing field?

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Las Vegas Lending cryptocurrency social media 116

NCR

JULY 14, 2017

Giving the entire global population access to banking services will require a collaborative effort spanning various channels and financial systems, from the most familiar to the most innovative. One significant trend that ensures cash will remain part of the debate around financial inclusion is innovation in the self-service channel.

ATM 80

ATM Industry Conference Bitcoin 80

NCR

AUGUST 18, 2017

It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector. A whitepaper produced by the UK-based FinTech Network in cooperation with BNY Mellon and Rabobank highlighted payments as one of the primary applications for the technology.

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blockchain Technology cryptocurrency Study 75

PYMNTS

NOVEMBER 4, 2020

Toward that end, and more mainstream use cases, getting the rails in place to speed and streamline transactions, regardless of the cryptocurrency used, remains key. As spotlighted in this space , Ternio said it has joined Visa’s Fast Track as a cryptocurrency-focused enablement partner.

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Bitcoin cryptocurrency Massachusetts Boston 208

PYMNTS

JANUARY 31, 2018

That brief was filed on behalf of the entities Retail Litigation Center, the National Retail Federation, the National Association of Convenience Stores, the National Association of Shell Marketers and others, including Walmart and Home Depot. Last month, retail associations filed a joint amicus brief in the case.

Cards 102

Cards Marketing National Retail 102

PYMNTS

MAY 13, 2016

The point: to ensure laws and regulation would not negatively impact innovation. But, outside of a few states that are attempting to rein in how digital currency products are handled, there’s no set standard nationally on how or if bitcoin’s blockchain should have a set of regulations. Just like the Internet.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

MARCH 10, 2020

The Organization of the Petroleum Exporting Countries (OPEC) break-up paired with the stock sell-off jointly pummeled cryptocurrency markets with the big coin on the block, Bitcoin, losing roughly 10 percent of its value in 24 hours. A recession is not a foregone conclusion; adversity has a tendency to breed interesting innovation.

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PYMNTS

OCTOBER 2, 2018

Wily sorts, who go with the flow of innovation and see the sea changes inherent in payments. s National Crime Agency. Elsewhere, FinTech and crypto, as they come to market, offer up new avenues of fraud, and scrutiny by the good guys. The bad guys and gals? trillion annually, as estimated by the U.K.’s A note of caution rings.

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Lex Sokolin

NOVEMBER 12, 2020

High tech firms continue to build into software their addictive digital nation states. The price of the cryptocurrency rose to over $15,000, breaking again the $250 billion market capitalization barrier. Ant is a fantastic story of innovation, global technology and payments progress, and the digital growth of Chinese small business.

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blockchain Bitcoin Software National 52

Lex Sokolin

JUNE 24, 2019

The stereotype is that since public services do not need to compete in capitalism, they are poorly managed and not innovative. I hate getting stuck on Facebook, as it makes much of the Fintech and Crypto industry reactive rather than innovative. a key pillar and enabler of the Nation State for centuries?—?puts

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Las Vegas Capital National Payments 40

PYMNTS

MAY 3, 2018

National Small Business Week, led by the U.S. In a nation where more than half of adults either own or work for a small business, the purpose of this week is to recognize outstanding small business owners and entrepreneurs throughout the U.S. This type of environment fuels innovative thinking, and ideas are generated quickly.

Innovation 112

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South State Correspondent

JULY 25, 2022

Articulate what major innovative initiatives (deposit opening, payments, and loan processing remain the big main projects) the bank is working on and how it will impact cost, the ability to scale, customer experience, or the employee experience. Stakeholders want to know how are you making life better for your customers? and beyond.

Trends 195

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Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank. Oh, what a mere 12 months can do.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

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William Mills

JULY 19, 2018

However, some of the smaller, more intimate events may have more of an impact on your bottom line than the big, national conferences that are already on your radar. 22-24 in Chicago, is a good option for experts in the mobile payments, FinTech and cybersecurity industries. NAMB National , Dec. AFT Fall Summit , Sept.

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Conference San Diego Dallas San Francisco 42

CB Insights

JUNE 21, 2018

At our third annual Future of Fintech event, which wrapped up today in Manhattan, Robinhood CEO Vlad Tenev said most traditional stock brokerages “ still run on paper and fax machines.” . Might the use of fax machines be positively correlated with an industry’s lack of innovation? All blockchain everything. It was the best of times.

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Google blockchain Industry US 28

PYMNTS

AUGUST 13, 2018

Blanco told a conference last week that FinCEN, which operates as part of the Treasury Department, sees as cryptocurrency gains traction. The director noted that innovation in the space has its positives, boosting access to new services with greater speed than has been seen before. 1,500 complaints about suspicious activity per month.

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cryptocurrency Los Angeles Chicago Conference 109

PYMNTS

FEBRUARY 26, 2018

That means some of the larger (though of course not the largest) lenders in the nation would get some relief from Federal Reserve scrutiny. FinTech Innovation and Cooperation in the Cards? Commodity Futures Trading Commission said they have agreed to collaborate in an effort to boost FinTech innovation.

Regulation 101

Regulation Bitcoin Innovation Fintech 101

PYMNTS

OCTOBER 7, 2019

Instead of piling on, though, I’d rather be constructive and lay out what we’ve learned from the Libra experience that may be helpful to other innovators who have big ideas to change the world. Some innovators the world over are solving the real problems of these 1.5 One: Solve A Solvable Problem. Two: Be Clear About What You Are.

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