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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

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Bitcoin Daily: Bitcoin ATM Installations Approach 10K Globally; Homeland Security Runs Contest For Digital Wallet Development

PYMNTS

Countries with the most sizable count of BTMs are developed nations like Britain, Canada and the United States. There, people need to change a nation's money for cryptocurrency that isn’t regulated by a government or connected with it. 27 at a digital event. But they have grown in popularity in markets that are not stable.

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Boosting Innovation And Mobile Gaming Via Sports

PYMNTS

Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry, and in combination with payments. However, mobile concession ordering apps like FanFood still encounter their fair share of security and logistical challenges. Working from the Bottom Up.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? From May 1-6, the U.S. Tune in all week for live-streaming , beginning at 7:30 p.m.

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. Nor would they be required to develop plans for recovery or restitution of funds in the event of a catastrophic situation, FIs claim.

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Visa, NFL Team Up For Cashless Football Games

PYMNTS

Visa will be working with the National Football League (NFL) on fully digital, cashless payments for the Super Bowl, a press release says. Visa also unveiled the “Visa’s Guide to Touchless Payments: A Key To The Return Of Live Events,” which is a step-by-step guide for leaders looking to apply touchless payments globally.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

s Competition and Markets Authority (CMA) — chiefly for a new watchdog group — the proposed regulatory regime is intended “harness the full potential of digital markets, driving greater competition and innovation,” according to a CMA statement. In recommendations issued earlier in the month by the U.K.’s