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FinTechs Press States To Streamline Regulations

PYMNTS

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Liu pointed out that the online database of the aforementioned state licensing and FinTech guidance will go live later in 2019.

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BIS Sees Boons, Risks As FinTech Credit Gains Traction

PYMNTS

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent technological platforms, boons and risks are afoot. China was the largest market, yet volume has declined in recent periods.

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Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help.

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CSBS agrees to implement recommendations from fintech advisory panel

CFPB Monitor

The Conference of State Bank Supervisors (CSBS) announced last week that it has agreed to implement 14 recommendations made by its Fintech Industry Advisory Panel (Advisory Panel). It has 33 fintech company members that engage with the CSBS Emerging Payments and Innovation Task Force and other state regulators.

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What Can Banks Learn From The FinTechs?

Insights on Business

This is definitely related to the inflection point that the banking industry is today both from their own inability to drive change for rapid digitization and also to address the threat from non-banking firms. What can banks learn from the FinTechs? What should be their strategy for Digital Banking transformation?

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2021: The Year Business Payments Go Digital And Lose The Paper Check

PYMNTS

Disque said the hard part for many companies is sorting through and choosing the best route to take, given the “great technology out there” that can deliver digital payments and digital workflows. When it comes to addressing such technical issues, Disque said having flexibility to offer choice definitely improves the value proposition.

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What Can Banks Learn From The FinTechs?

Insights on Business

This is definitely related to the inflection point that the banking industry is today both from their own inability to drive change for rapid digitization and also to address the threat from non-banking firms. What can banks learn from the FinTechs? What should be their strategy for Digital Banking transformation?

Fintech 93