PYMNTS

AUGUST 20, 2018

FinTech Firms Eye Bank Charters. And in the wake of the announcement late last month that FinTechs will be able to apply for banking licenses with the Office of the Comptroller of the Currency, caution abounds. The changes would come in the wake of the theft that occurred earlier this year at Coincheck , a currency exchange operator.

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Fintech Survey Regulation Resources 101

PYMNTS

APRIL 30, 2018

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. The involvement of the nation’s largest cryptocurrency exchange comes as the government cracks down on such firms.

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blockchain cryptocurrency Samsung Software 100

PYMNTS

AUGUST 23, 2018

The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites.

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social media cryptocurrency blockchain Technology 100

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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Fintech Community Regional Technology 194

PYMNTS

JUNE 16, 2018

Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, reports in CoinDesk said Friday (June 15). Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper.

blockchain 113

blockchain National New York cryptocurrency 113

PYMNTS

MARCH 23, 2018

To take stock of the cryptocurrency market, take stock? News came Friday that the wild west of cryptocurrencies — where fortunes are made and lost in the blink of an eye, and where regulations are less than regular — might be well-governed by the stock market when it comes to governance. After a fashion.

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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.

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Fraud social media cryptocurrency National 101

PYMNTS

JUNE 21, 2018

According to Bloomberg , one source claims that the California-based firm is engaging in conversations with the Office of the Comptroller of the Currency, which charters and regulates all national banks and federal savings associations. The talks are not final and no deal has been made.

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Regulation Millennials California Capital 123

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. Many still have hopes for blockchain, but it’s still very much a work in progress.

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blockchain Payments Retail Innovation 211

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.” .

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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”. This initiative could be viewed as an effort by the CSBS to compete with the potential OCC national payments charter recently discussed by Acting Comptroller Brian Brooks.

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Regulation Payments cryptocurrency Conference 60

BankUnderground

AUGUST 9, 2022

Types of cryptoasset include non-fungible tokens (NFTs), cryptocurrencies, utility and security tokens. Third, cryptocurrencies are critical to the operation of the blockchains that the open-metaverse is built upon. Owen Lock works in the Bank’s Resilience Division and Teresa Cascino works in the Bank’s, Fintech Hub.

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System blockchain cryptocurrency Lending 132

PYMNTS

FEBRUARY 21, 2018

The latest news from the country comes from its government: Chief FinTech Officer of the Monetary Authority of Singapore, Sopnendu Mohanty, said the central bank is about two years out from being able to assess the impact of its current blockchain project, Ubin. United States.

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blockchain Los Angeles Regulation Oregon 130

PYMNTS

NOVEMBER 22, 2019

As reported by The Wall Street Journal, famed investor Carl Icahn is betting that mall operators will find it increasingly harder to pay their debts. In another example, Australian B2B FinTech Tyro Payments is also seeking a listing, with plans to raise as much as $172 million USD equivalent.

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Google Retail Cards cryptocurrency 101

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

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.”. However, Fintech companies are influencing banks to become more tech-oriented.” Cryptocurrencies.

System 28

System Fintech blockchain Innovation 28

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

FEBRUARY 8, 2019

as well as the National University of Singapore and the University of Sao Paulo, have now joined the Institute for FinTech Research at Tsinghua University (THUIFR) in Beijing under the UBRI. “In Carnegie Mellon, Cornell, Duke, Georgetown, Morgan State, Kansas, Michigan and Northeastern universities in the U.S.,

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PYMNTS

OCTOBER 13, 2017

Because – we admit – with the layers of reveals about the fake Facebook ads sold to Russian operatives, this may seem like something of a strange choice, and pretty far from the feel-good story of the week. Cryptos: Add Russia to the mix of nations saying “nyet” to the Wild West of cryptocurrency speculation.

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PYMNTS

SEPTEMBER 11, 2019

The importance of procuring those licenses – to offer web-based services in a manner that dovetails with and mirrors the products and functions that might be on offer from traditional FIs – was underscored by the news that the group behind the Facebook Libra cryptocurrency has applied for a payments license in Switzerland.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

Lex Sokolin

JANUARY 14, 2021

We love the robot as much as the next Fintech commentator. While Steven Mnuchin is sceptical of cryptocurrencies, Brooks is a clear proponent. Second, Fintechs (e.g., This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

We love the robot as much as the next Fintech commentator. While Steven Mnuchin is sceptical of cryptocurrencies, Brooks is a clear proponent. Second, Fintechs (e.g., This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it.

America 52

America Wyoming National Capital 52

South State Correspondent

JULY 25, 2022

Providing a narrative around your “fortress balance sheet,” ever-more-efficient operations, and defensive vision is now critical. How are you handling partnerships, and are you part of any fintech consortiums to assist are now common questions. General Performance. Top Line Revenue & Lending. and beyond.

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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

MAY 13, 2016

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. Mandating exchange operators meet certain pre-set financial conditions, such as having a minimum amount of capital.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

NCR

JULY 14, 2017

Cash has been at the heart of how the global financial system and economies operate for hundreds of years, and it will continue to play an extremely important role for the foreseeable future. One area where there is anticipated growth in the years to come is cryptocurrency.

ATM 80

ATM Industry Conference Bitcoin 80

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. the operating system of the iPhone (30% on all commerce) and the shopping footprint of Amazon (the digital value chain)?—?give

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blockchain Bitcoin Software National 52

PYMNTS

JANUARY 1, 2021

Indian FinTech Cashaa and the country's United Multistate Credit Cooperative Society teamed up to launch what they say is the world's first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The operation also will provide traditional banking services, according to the backers.

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Miami Bitcoin cryptocurrency Florida 201

Lex Sokolin

DECEMBER 25, 2019

There’s a lot to say about the overlap of Fintech and blockchain, but let’s find the very edge of the frontier and focus right there. See Staking Rewards and the chart below, and Coinbase for an example of a large Fintech providing the service. all Fintech unicorns?—?that It’s like watching Mint.com emerge in 2007.

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blockchain Bitcoin Software Lending 52

PYMNTS

DECEMBER 26, 2019

Lei said the regulator will reinforce the fusion of FinTech and the foreign exchange market and will oversee the advancement of new technology. “We Tencent’s WeBank , a digital bank in China that provides loans to individuals and small businesses, will be the technical infrastructure provider for the country’s national blockchain network.

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blockchain Regulation cryptocurrency Study 136

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech. adults and 6.4M

Cards 101

Cards Lending Strategy US 101

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. FinTechs aren’t going away. and its territories. Banks aren’t going away.

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Innovation Customer Experience Payments Technology 112

PYMNTS

DECEMBER 9, 2020

BitPay , a cryptocurrency payments firm, has filed to become a national bank in the U.S., BitPay has filed with the Office of the Comptroller of the Currency (OCC) to set up a federally regulated bank called the BitPay National Trust Bank, which will be headquartered in Georgia.

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US National Georgia cryptocurrency 324

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. Over the past few years, he stated FinCEN has issued a number of rules that have helped clarify how firms should operate within cryptocurrency spheres. States’ Rights?

cryptocurrency 109

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PYMNTS

OCTOBER 7, 2019

The launch of Libra ignited a global debate over the role of cryptocurrencies in payments and financial services. This document outlines our plans for a new decentralized blockchain, a low-volatility cryptocurrency and a smart contract platform that together aim to create a new opportunity for responsible financial services innovation.”.

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Regulation cryptocurrency Innovation Meeting 199