PYMNTS

OCTOBER 29, 2019

The rise of blockchain technology was accompanied by that of cryptocurrencies, but innovation in blockchain technology does not mean we should speculate in virtual currencies.”. Two years ago, Chinese regulators banned cryptocurrency and trading exchanges.

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Payments Source

SEPTEMBER 20, 2017

China’s crackdown on cryptocurrency exchanges raises questions about the future of digital asset innovation, a movement that some bankers view as a threat and others embrace as a boon to payments, P-to-P lending and other activities.

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Regulation blockchain cryptocurrency Lending 68

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

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CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. THE FUTURE OF BLOCKCHAIN TECH.

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blockchain Trends Technology cryptocurrency 75

Abrigo

DECEMBER 27, 2022

And while final numbers are still being calculated for 2022, bankers saw typologies exacerbated by the pandemic provide criminals with avenues for fraud while cryptocurrency scams surfaced more frequently. Lending & Credit Risk. Technology adoption: The “people” side of change. That represents almost 2.8

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Abrigo

FEBRUARY 8, 2022

Takeaway 2 NBFIs should ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators. Consumers are looking for speed without the hassle of mounds of paperwork and lengthy approval processes, whether with deposit or lending accounts. Regulations & Guidance Forthcoming.

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PYMNTS

OCTOBER 19, 2017

Plenty of industries and companies are eyeing blockchain – the technology that enables cryptocurrencies, such as bitcoin – but when it comes to corporate investors, SBI, Google, Overstock.com, Citi and Goldman Sachs are standing out from the pack.

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PYMNTS

MARCH 13, 2019

“You should bring a deep understanding of the intersection of the New York Times and the evolving space we inhabit in the media technology landscape.”. The New York Times has covered cryptocurrency and blockchain in depth in the past, and published a piece titled “Demystifying the Blockchain” last year.

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PYMNTS

NOVEMBER 12, 2019

The blueprint for the proposed digital currency seems to offer Beijing extraordinary supervision over the flow of money, giving regulators economic control that most central banks do not have. “We

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PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Blockchain still is being mulled, according to reports, but for Citi it’s a technology seemingly more useful for trade finance.

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PYMNTS

AUGUST 23, 2018

Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models. There still is no move to recognize cryptocurrencies, where such offerings “are associated with anonymity and commonly used by criminals.”. trillion shillings.

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CB Insights

JUNE 29, 2020

Which proposed regulations or legislative changes will shape the future of fintech? While regulations and legislation are geographically dependent, there are several noteworthy developments around the world. Secondly, we’re watching global digital currency and stable cryptocurrency regulations to see how crypto plays out.

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Fintech Regulation cryptocurrency Policies 101

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.

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PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain. And to learn.

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PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

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PYMNTS

SEPTEMBER 6, 2018

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Take cryptocurrencies, for instance. Compliance and risk?

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Compliance Fintech Regulation Knowledge Base 133

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Open APIs was the standout technology at the conference.

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Innovation Conference Fintech blockchain 171

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers. By Kelly Pike.

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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 Chainalysis also plans to open an office in the U.K

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Gonzobanker

FEBRUARY 1, 2023

Many speakers talked about the huge opportunity to integrate fintech and breakthrough technologies like blockchain and AI into the established banking industry. As disruptive innovation “comes home to banking,” the team at Cornerstone Advisors predicts that the ability of technology to drive tangible business outcomes for banks may skyrocket.

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BankUnderground

AUGUST 31, 2022

While regulators cannot be sure what risks the next decade will feature, they can be sure that the set of issues will continuously evolve. This created market dynamics significant enough to raise the cost of lending, and threatened to spill over to the wider economy and amplify the impact of the Covid shock.

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PYMNTS

JUNE 27, 2016

“Over the past few years, the rise of new financial marketplaces, globalized eCommerce, cross-border payments, international remittances, and cryptocurrencies have become significant opportunities for banks,” Caldera wrote in a recent report. The regulations were vague, and were more like guidelines.

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Regulation Guidelines Risk Management Operations 101

PYMNTS

SEPTEMBER 9, 2016

Tyler and Cameron, who both studied economics at Harvard, are now CEO and president, respectively, of Gemini , a cryptocurrency exchange. But to give the brothers the benefit of the doubt, they also claim that “bitcoin is both disruptive from a technology perspective, but there’s a tremendous power of social good behind it.

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PYMNTS

AUGUST 29, 2018

Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider PwC, and appears to be moving away from cryptocurrencies in the process. Companies have dabbled in the lab,” the company wrote.

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blockchain Survey Taxes cryptocurrency 101

PYMNTS

FEBRUARY 28, 2018

Why should organizations say “yes” to purchase order matching and “no” to cryptocurrencies? Israch said automating this process using technology like that which Tipalti just added to its AP suite, which can both reduce risk and slash the time spent manually completing these tasks by approximately 80 percent. A digital U.S.

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CB Insights

DECEMBER 10, 2020

Though equity research services used to be offered for free to clients as part of a bundle with trading services, regulations like the EU’s MiFID II now require that banks must charge for research directly. SMB lending . Capital Float is an India-based startup providing business loans through a lending platform.

America 101

America Lending Cards San Francisco 101

Urs Bolt

OCTOBER 17, 2018

Financial Technology (Fintech) could help build an inclusive financial system which allows any group in society to enjoy more convenient financial services by lowering the threshold and costs of obtaining financing, said Wang Zhongmin, a former vice chairman of the National Council for the Social Society Fund, recently at the Hangzhou Bay Forum.

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System Fintech blockchain Innovation 28

PYMNTS

DECEMBER 24, 2019

And in a few cases, regulation has helped put the brakes on at least some deals. Gartner said that pilot programs are likely to remain pilot programs due to blockchain’s technological immaturity, and the fact that current solutions are “complicated hybrids” of conventional blockchain technologies.

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blockchain Course Bitcoin Examples 139

PYMNTS

SEPTEMBER 30, 2016

Vogel said few users are making speculative investments, and most use accounts to pay for online games or as a P2P lending platform. Most of what we see are people who are using this technology to achieve something.” Vogel also wanted to clarify regulations surrounding bitcoin. Let’s take a quick peek, shall we?

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Bitcoin America National Report 100

Lex Sokolin

JANUARY 14, 2021

American financial regulation is an alphabet soup, and has grown out of politics and crises. Targeting banks and money services businesses allows for jurisdiction and regulation of the choke points (i.e., While Steven Mnuchin is sceptical of cryptocurrencies, Brooks is a clear proponent. But first the background.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

American financial regulation is an alphabet soup, and has grown out of politics and crises. Targeting banks and money services businesses allows for jurisdiction and regulation of the choke points (i.e., While Steven Mnuchin is sceptical of cryptocurrencies, Brooks is a clear proponent. But first the background.

America 52

America Wyoming National Capital 52

Tomorrow's Transactions

OCTOBER 8, 2014

Innotribe’s bitcoin series included talks on regulation, disruption and the future of investment in the space. I remain sceptical about Bitcoin as a currency while I remain enthusiastic about the potential for blockchain technology (and, indeed, other kinds of blochains and other kinds of virtual currency).

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Bitcoin cryptocurrency blockchain social media 61

CB Insights

FEBRUARY 20, 2020

The demand from incumbents is aligned with a broader industry initiative to upgrade legacy technology, as well as incumbents’ sizable IT budgets dedicated to integrating new technologies. Cloud-based digital lending platform Roostify has been integrating with some of the largest mortgage lenders.

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CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. It is a notable pivot from Amazon’s IP strategy, where the playbook has been to build, patent, and keep proprietary technology in-house to fuel Amazon’s marketplace. Amazon’s Next Financial Pillar.

Cards 101

Cards Lending Strategy US 101

Lex Sokolin

JULY 1, 2019

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. The first is that in the web of investment bank technology, there are 20 or more core vendors on which systems run. Finance in motion— $1B moved for $0.02

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Bitcoin System Software blockchain 40

PYMNTS

OCTOBER 21, 2019

However, most people assumed that was survivable, and that the new millennia — powered by the emerging, mysterious technology known as “the internet” — was going to be a great place to live. Technologists are excited by technology, he added, and just assume that everyone else is, too. When people asked “what’s next?”

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Innovation Payments Apple Mobile 131

BankUnderground

AUGUST 9, 2022

Our focus here is on blockchain-based cryptoassets because of their enabling technological characteristics (eg interoperability, incentive alignment in decentralised networks) for a decentralised metaverse. But many of the enabling technologies to create this ecosystem do already exist. The role of cryptoassets.

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System blockchain cryptocurrency Lending 132