CFPB Monitor
NOVEMBER 7, 2022
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.
PYMNTS
APRIL 16, 2019
Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation.
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PYMNTS
NOVEMBER 17, 2020
Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. Traditional banking isn't built to serve small businesses, and financial technology is quickly filling that gap,” he said, according to the release.
PYMNTS
FEBRUARY 21, 2019
And sometimes, terms get thrown about interchangeably — when, really, they refer to very different things. Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A He also weighed in on the role financial technology vendors have to play in the future. “As
Insights on Business
FEBRUARY 19, 2016
This phenomenon is also being referred as an “ Uber moment ” in the banking industry. These firms collectively known as FinTechs or Financial Technology firms are disrupting the banking industry by dis-intermediating across a banking customer’s financial value chain.
Insights on Business
FEBRUARY 19, 2016
What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? This phenomenon is also being referred as an “ Uber moment ” in the banking industry. What can banks learn from FinTech Innovation?
CB Insights
APRIL 22, 2020
As a reference, 10-year default rates for SBA loans provided by traditional lenders have ranged from 12% to as high as 25%. The pandemic has highlighted the critical need for the government to embrace financial technology. FINTECH COS HAVE A CASE TO MAKE for government adoption.
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