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4 takeaways from Michael Barr’s DC Fintech Week speech

Payments Dive

The Federal Reserve’s vice chair for supervision stressed caution for banks’ ties to crypto and spotlighted how stablecoins differ from other digital assets.

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How regulators can foster competition and bolster AI innovation

American Banker

Speakers at DC Fintech Week highlighted ways forward for regulators to keep pace with artificial intelligence, such as by setting up "guardrails" before guidelines.

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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.

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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. Last year the SAMR met with numerous companies to request them to stop the practice.

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Click on the image below to enlarge. California.

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Data Enablers: Valen Makes Insurance Human Again

PYMNTS

Like FinTech, InsurTech debuts in an industry that has historically been very slow to adopt new technologies. DC: There is significant crossover between FinTech and InsurTech. DC: We set out to create a culture that stood behind its promises and put the customer first. We’re allowing insurers to take the same approach.

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Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU Officials Crack Down

PYMNTS

FinTech startup Plaid is looking at doubling its size in Europe, putting 80 employees in the London and Amsterdam offices by the end of the year, up from the 40 or 50 employees currently there. Washington DC Restaurants Get Creative With Inauguration Security. Plaid To Focus On Growing European Market.

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