Chris Skinner

MAY 12, 2017

Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech. He is the Chair of the European networking forum: the Financial Services Club and sits on the advisory boards of numerous companies including Innovate Finance, Moven, and Meniga.

Regulation 255

Regulation Capital Fintech Innovation 255

PYMNTS

AUGUST 30, 2016

Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming its payment laws. “It would also give MAS the flexibility to address emerging risks, such as cybersecurity, interoperability, technology and money laundering and terrorism financing.

Fintech 117

Fintech National Regulation Innovation 117

PYMNTS

AUGUST 30, 2016

Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming its payment laws. “It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. .

Fintech 101

Fintech Cyber Security National Regulation 101

PYMNTS

JULY 19, 2018

Traditional banks and other financial institutions are undergoing tremendous pressure right now to compete in an environment where they are faced with enormous scrutiny from government regulators looking to mitigate risk. Patent and Trademark Office earlier this month for a blockchain-based proof of payment technology.

Fintech 117

Fintech blockchain Technology Examples 117

CFPB Monitor

JUNE 5, 2019

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). Arizona was the first state to create a fintech sandbox and we will soon be publishing a blog post about Utah’s new fintech sandbox.)

Wyoming 60

Wyoming Fintech Arizona Financial Technology 60

CFPB Monitor

JULY 17, 2019

Our Banking and Financial Services and Retail industry groups add further depth and specialized knowledge. James Kim—co-leader of the team—was a senior enforcement attorney at the CFPB, where he worked closely with other regulators and oversaw the Bureau’s first enforcement actions involving mobile payment systems.

Fintech 60

Fintech United States cryptocurrency Groups 60

PYMNTS

OCTOBER 1, 2020

In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is reportedly gearing up for an initial public offering (IPO). It is working with over 20 financial institutions to create the service. Korean FinTech Kakao Pay Preps For IPO.

Payments 130

Payments Fintech Google Financial Technology 130

CFPB Monitor

SEPTEMBER 29, 2016

The Securities and Exchange Commission has announced that it will host a public forum in Washington, D.C. on November 14, 2016 to discuss financial technology innovation in the financial services industry.

Innovation 60

Innovation Fintech Washington blockchain 60

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

Data 173

Data Google Fintech Groups 173

PYMNTS

SEPTEMBER 14, 2016

According to the resolution, digital currencies increase transparency and provide more secure payment authentication. Blockchain is considered to increase trust in financial services because blockchain ledgers are tamper-proof.

blockchain 100

blockchain US Regulation National 100

NCR

JUNE 7, 2017

These financial technology, or fintech firms, have often been seen as a threat to legacy players, but there’s an increasing recognition that they can also present huge opportunities, if banks are able to effectively collaborate with them. Fintechs are more agile, higher risk tolerant and closer to what consumers want.

Fintech 80

Fintech Cyber Security Innovation Examples 80

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

blockchain 101

blockchain Software Fintech Maine 101

PYMNTS

DECEMBER 24, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . At a high level, that means helping crypto companies and FinTechs come to market with crypto payments across the Visa rails.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

JUNE 29, 2020

“We cannot lift the restrictions without reassuring ourselves that the firm has been able to satisfy all our concerns, for example that all clients’ money is safe,” the Financial Conduct Authority (FCA) said in a statement. “We We hope to be able to issue an update soon.”. authorities.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

OCTOBER 16, 2019

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. banks have to analyze AML regulations before even beginning to innovate, and the rules in question change often.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. Looking At Digital IDs — And Friction.

Payments 172

Payments Fraud Security Technology 172

CFPB Monitor

MARCH 8, 2019

The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments. The Safeguards Rule requires financial institutions to have a comprehensive information security program.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

Insights on Business

JULY 20, 2017

Open banking is a term that is associated with a broad set of initiatives that align to one of these three principles: Banking customers are empowered as the owners of their financial data. . Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties.

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

NOVEMBER 21, 2018

With FinTech driving innovation and competition in the cross-border payments space, governments can no longer afford to ignore changing and heightening demands for greater speed, transparency and efficiency in global transactions.

Payments 123

Payments Innovation National System 123

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release.

Innovation 124

Innovation US Metro Washington 124

Social Assurance

NOVEMBER 15, 2019

This week, the inaugural Flyover Fintech conference was held at the University of Nebraska–Lincoln’s Nebraska Innovation Campus. The goal of this conference was to bring together entrepreneurial innovators, financial services leaders and key policymakers to the center of everything fintech. Key Takeaways. Send Me Updates.

Conference 12

Conference Fintech Nebraska Software 12

PYMNTS

JUNE 27, 2019

The goal is to become one of the most valuable financial technology startups in the world as it eyes a region-wide expansion and seeks a valuation between $8 billion and $10 billion, according to reports in Recode. While Nubank is far from a household name in the U.S., And, according to Nubank, it’s just getting started.

blockchain 147

blockchain Payments Regional America 147

CFPB Monitor

JULY 21, 2022

CA), inserting into the NDAA a version of the “Establishing New Authorities for Business Laundering and Enabling Risks to Security Act,” otherwise more commonly known as the ENABLERS Act. FinCEN, however, does not actually conduct BSA/AML examinations of regulated businesses.

United States 78

United States Taxes Regulation Compliance 78

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. Marketplace-driven digital-platform lenders are also structured so that credit risk is held by the investor funding the deal.

Community Bank 70

Community Bank Community Lending FDIC 70

Insights on Business

SEPTEMBER 21, 2018

As a leader in the financial services industry and at the forefront of payments, mobile, commerce and financial technology, IBM will convene a terrific team of financial services experts and partners for a variety of activities at this year’s Money20/20 conference. Digital Trust in Financial Services.

Conference 115

Conference Customer Experience Industry Trends 115

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. While Revolut has emerged as one of the biggest players in the crowded FinTech sector, it has yet to make a profit.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

CFPB Monitor

NOVEMBER 22, 2022

That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition.

Fintech 78

Fintech Report Data Lending 78

NCR

FEBRUARY 22, 2016

Banking institutions and financial technology startups are putting their differences aside and working to find common ground. The chasm that has traditionally existed between the two is due primarily to their divergent approaches in providing financial services. Security and Compliance. Document management.

Innovation 40

Innovation Compliance Security Data 40

PYMNTS

MAY 18, 2016

Jones recently spoke with PYMNTS about how emerging “RegTech” (regulatory technology) companies — among which he classifies Trulioo — are simultaneously helping businesses securely navigate increasing regulatory hurdles while moving innovation forward. PYMNTS: You classify yourself as a RegTech company.

Innovation 100

Innovation Technology Regulation Fraud 100

Fintech Labs Insights

OCTOBER 16, 2016

Regulation. It’s been one year since EMV regulation in the United States was placed into effect. Expect to see much, much more activity as financial institutions and fintech companies develop applications using Amazon’s Alexa and the new Google Assistant. Happy birthday, U.S. The blockchain. InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12

PYMNTS

JANUARY 27, 2021

Innovation in financial technology means that we are now able to deliver products and services that are as credible, robust and secure as banks, but free of legacy issues, while being more obtainable, affordable and better suited to the small- to mid-sized business sector,” said Tat Capital Founding Director Ram Gorlamandala in a statement.

Cards 237

Cards Capital Security Compliance 237

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

SEPTEMBER 27, 2019

House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept. That means supporting access to the system for financial institutions of all sizes along with other licensed financial service providers, as well as prioritizing fraud mitigation and security to keep costs low.

Payments 174

Payments Kansas City Community Bank Community 174

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. financial technology efforts. FinTech Growth.

Fintech 194

Fintech Security US United States 194

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking.

Fintech 194

Fintech Community Regional Technology 194