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OCC’s New Office of Financial Technology Portends Increased Supervisory Activity

CFPB Monitor

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

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StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses.

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Leadership and Technology take center stage at DX19

ForwardBanker

Held February 4-6 in Miami, DX19 is a thought leadership summit that brings together leading FI experts and execs responsible for market growth. It’s two days of exclusive, thought-provoking content, innovative solutions to common FI pain points and. Are you ready to kick it up a notch?

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Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

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This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Our guest for this week’s podcast is Paul Watkins, Director of the CFPB’s Office of Innovation. The Office has taken over the Bureau’s work that was formerly done under Project Catalyst, the initiative launched by the CFPB in 2012 for facilitating innovation in consumer financial products and services.

Arizona 60
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Charles Potts: Being comfortable with discomfort

Independent Banker

As ICBA’s chief innovation officer, it’s my job to push the envelope, to make people uncomfortable. Community bankers can, through their leadership and action, change culture and spark innovation in various ways, including: 1. Innovative leaders communicate openly and broadly across an organization.

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Yolande Piazza Officially Head of Citi Fintech

Bank Innovation

Piazza, a 30-year financial technology veteran, who has been serving Citi in a variety of roles since 1988, will lead the group’s efforts in mobile, payments, and general fintech innovation. Citi Group named long-time executive Yolande Piazza the head of Citi Fintech today.

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