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House Financial Committee to hold Dec. 5 hearing on financial innovation

CFPB Monitor

Tomorrow, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services.” The witnesses will be: Valerie A.

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

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. The Congressional House Financial Services Committee held a hearing last fall, “Buy Now, Pay More Later?

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Mastercard Leads Investment In Mobile FinTech Mobeewave

PYMNTS

“This is a major market validation of our payment acceptance platform, and highlights Mobeewave as an industry leader in the FinTech space.”. This financial backing has also brought us one step closer to realizing our goal of making payment acceptance an option for everyone.”.

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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. It takes significant financial resources to maintain the entire payment contraption — and it also requires funding to add to that system from a capital improvement or innovation perspective in addition to the people costs.

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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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FinTech Firms On The New FinTech Charter

PYMNTS

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability. FinTech Improvements.

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U.S. Congress Launches Task Forces for Fintech, AI

Bank Innovation

House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence. The chair of the task […].

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