Remove Examples Remove Financial Technology Remove Innovation Remove Security
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How Cannabis Can Become A B2B Payments Innovation Influencer

PYMNTS

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. As it turns out, other industries can benefit from technology that addresses those same pain points.

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Senate Federal CEO On Protecting Member Trust During Digital Overhauls

PYMNTS

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

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Bitcoin Daily: UK Researching CBDC Use Cases; Lebanon To Introduce CBDC In 2021; SEC Member Pushes For Cryptocurrency Regulation; ShapeShift Delists Three Privacy Coins

PYMNTS

In other news, Securities and Exchange Commission (SEC) member Hester Peirce expressed hope that securities regulations concerning cryptocurrencies will speed up to match the speed of financial technology innovation. 6), CoinDesk reported, citing regulatory concerns.

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How Synchrony Financial Is Upgrading Its AML Strategy

PYMNTS

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

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Uncovering The Value Proposition In FinTech Innovation

PYMNTS

Just because businesses are interested and willing to adopt payments innovations doesn’t mean it’s going to happen. Other key players in the adoption curve include government entities and financial institutions, says Bottomline Technologies Managing Director of Digital Banking Norm DeLuca.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

For example, one time in college, at a point where I had extremely minimal supplemental income, I needed (wanted?) But, the reality was, even though I felt more financially secure, I wasn’t technically in any less debt than I would have been had I just bought the shoes outright. Pros & Cons of Using BNPL.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

“The Bureau of Consumer Financial Protection ( BCFP ) and federal banking regulators have monitored FinTech lenders’ use of alternative data by collecting information and developing reports on alternative data,” said the GAO, as noted in media coverage this past week. Sandboxes, Gathering Steam.

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