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IMF’s Lagarde Calls Out FinTech As Industry Disruptors

PYMNTS

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190
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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

Security 100
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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

BNPL companies exploded during the pandemic when many were struggling financially and doing more online shopping, and they have continued to grow in popularity among practically all industries. Here, I will discuss the differences between several popular BNPL providers and the pros and cons of using BNPL as your payment method.

Fintech 474
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The legacy clock is ticking

Chris Skinner

He is also one of the Top 5 most influential people on BankInfoSecurity’s list of information security leaders, as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal. Regulators are also working with startups, which is what the regulatory sandboxes are all about.

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FinTech Firms On The New FinTech Charter

PYMNTS

The report , released in support of President Trump’s call to regulate the U.S. financial system around a set of core principles, offered guidance and recommendations that have long bounced around the FinTech space, and which no doubt already command the support of many executives. Re-examining Tradeoffs. FinTech Helping Itself.

Fintech 115
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How Cannabis Can Become A B2B Payments Innovation Influencer

PYMNTS

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.

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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. The aim of creating this system was both to provide more speed and security to the country’s merchants.

Payments 304