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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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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. Earlier this month, China debuted drafts for new rules for eCommerce companies, with the goal of trying to cut down on monopolistic power, PYMNTS reported.

Industry 152
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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. CEO Dax Craig said his proudest moment since founding Valen has been hearing from clients after his company was acquired by the insurance technology firm, Insurity. “As We’re allowing insurers to take the same approach.

DC 101
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Text Messages From Debt Collectors? Not in My Backyard!

CFPB Monitor

It took 44 years for the law to catch up to modern technology, but the CFPB finally did it in 2021 with Regulation F’s guidelines for FDCPA-compliant electronic communications like email and text messages. Regulation F’s call frequency limits do not apply to email, text messages, or other electronic communications.

DC 78
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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in pointed remarks at the DC Blockchain Summit 2022. Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in remarks at the DC Blockchain Summit 2022. Responsible Innovation “.

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Blockchain Tracker: Capitol Hill To Startups, Incubators Inbetween

PYMNTS

Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. Blockchain technology, both public and private, are slowly changing the world.

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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.