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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space.

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CADFPI announces hiring of Christina Tetreault to lead Office of Financial Technology and Innovation

CFPB Monitor

The California Department of Financial Protection and Innovation announced earlier this month that it has hired Christina Tetreault to lead the new Office of Financial Technology and Innovation. Tetreault most recently served as Manager of Financial Policy for Consumer Reports. Tetreault, Ms.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. The post Core Unicorn Deals Rattling the Future of Financial Technology appeared first on Gonzobanker.

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CompatibL Shortlisted for the FTF News Technology Innovation Awards 2022

Bobsguide

CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Igor Tsitavets, CompatibL’s President and CEO, says: “We are honored to be shortlisted at this year’s FTF News Technology Innovation Awards. About the FTF News Technology Innovation Awards.

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Generation Life launches lifetime annuity solution using GBST’s Wealth Management technology

Bobsguide

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

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BIS Debuts Innovation Hub To Help Central Banks Collaborate

PYMNTS

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. The IT revolution knows no borders and therefore has repercussions in multiple locations simultaneously.

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SoFi acquires Galileo for $1.2B to broaden reach 

Bank Innovation

billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood. Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […].