PYMNTS

JUNE 9, 2019

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

Industry Big Data Fintech Taxes 190

PYMNTS

AUGUST 3, 2018

Department of the Treasury report on how to encourage more FinTech, payments executives were mulling over the report, wondering if it would lead to any concrete improvements and giving their ideas to PYMNTS about how to best improve payments innovation and entrepreneurship. FinTech Improvements. Additionally, the report calls upon the U.S.

Fintech 115

Fintech United States Regulation Innovation 115

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. Brex also announced Katie Biber has been named chief legal officer.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Late last week, the U.S. But they have not provided lenders and banks with specific guidance on using the data in underwriting.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

MARCH 6, 2020

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

Payments New York Metro New York City 304

Perficient

JULY 11, 2022

I used Afterpay for the shoe purchase because it allowed me to not take as big of a hit to my bank account at a time when I had more expenses than usual occur all at once so that I could feel more financially secure as I awaited my next paycheck. According to Kristen E. Looking Ahead in the BNPL Landscape.

Fintech 474

Fintech Trends South Dakota Apple 474

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. The recent payouts by the U.S.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

NOVEMBER 3, 2019

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. 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.

blockchain 101

blockchain Software Fintech Maine 101

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

PYMNTS

JUNE 20, 2019

Facebook, I believe, has made quite broad rounds around the world with regulators, supervisors and lots of people to discuss their plans and that certainly includes us,” Powell said on Wednesday (June 19), according to CNBC. Powell added that the Fed meets “with a broad range of financial sector firms all the time on financial technology.”.

cryptocurrency 108

cryptocurrency CA social media Regulation 108

PYMNTS

AUGUST 30, 2016

The small nation is making a big push in support of FinTech innovation by reforming its payment laws. Singapore’s financial authority said it will look to consolidate exiting legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework.

Fintech 101

Fintech Cyber Security National Regulation 101

PYMNTS

AUGUST 30, 2016

The small nation is making a big push in support of FinTech innovation by reforming its payment laws. Singapore’s financial authority said it will look to consolidate existing legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework.

Fintech 117

Fintech National Regulation Innovation 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). The provisions requiring Wyoming’s Banking Commissioner and Secretary of State to adopt implementing regulations became effective on February 19, 2019.

Wyoming 60

Wyoming Fintech Arizona Financial Technology 60

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. times global GDP in 2016.

Payments 123

Payments Innovation National System 123

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

Bank Innovation

MAY 10, 2019

House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence. The Task Force on Financial Technology will examine issues including “the current legal framework for fintech, how fintech is used in lending and how consumers engage with fintech,” the committee stated.

Fintech 186

Fintech Lending Financial Technology Technology 186

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

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

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. The key barriers to fintech innovation.

Fintech 80

Fintech Cyber Security Innovation Examples 80

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. In many ways, RegTech can be viewed as an innovation enabler.

Innovation 100

Innovation Technology Regulation Fraud 100

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

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. Using Payment Innovation to Change the Way Money Moves.

Conference 115

Conference Customer Experience Industry Trends 115

PYMNTS

JUNE 7, 2018

“I heard someone say recently that ‘today will be the slowest day of the rest of your life,’ and that is very much how I think about the pace of change and the evolution of technology — it is only going to keep getting faster, and community banks have a huge opportunity to innovate and fill a unique niche,” she said. What’s Next.

Community Bank 157

Community Bank Community Millennials Regulation 157

NCR

JUNE 1, 2016

That’s why we found this seminar titled “Beyond Bitcoin: The future of blockchain and disruptive financial technologies,” (the video is now online), conducted earlier this year by the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, so interesting, and we encourage you to take a look.

blockchain 40

blockchain Bitcoin Michigan Policies 40

PYMNTS

JANUARY 27, 2021

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Peoples Trust Secures CDIC Insurance For Payroll Cards.

Cards 237

Cards Capital Security Compliance 237

Social Assurance

NOVEMBER 15, 2019

Nebraska Innovation Campus. 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.

Conference 12

Conference Fintech Nebraska Software 12

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

NOVEMBER 22, 2022

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78

Fintech Report Data Lending 78

Fintech Labs Insights

OCTOBER 16, 2016

Regulation. It’s been one year since EMV regulation in the United States was placed into effect. Organized by SWIFT, Sibos is considered to be the world’s premier financial services event covering areas such as payments, securities, cash management, and trade. Happy birthday, U.S. The blockchain. InsurTech Rising.

Trends 12

Trends Fintech blockchain America 12

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Auto-financing is ripe for innovation. 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

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept.

Payments 174

Payments Kansas City Community Bank Community 174

CB Insights

JULY 1, 2018

AR/VR : Augmented/Virtual reality companies include AdHawk Microsystems , which creates eye-tracking technology to solve problems faced by AR/VR manufacturers. Fintech: The financial technology category has the greatest number of startups in our table. Others include Flipp , which offers a digital platform used by retailers.

Software 78

Software Capital Mobile Technology 78

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. AI And Data Security.

Fintech 194

Fintech Security US United States 194

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to MVB Financial.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. The Bank Regulator Working for Merchants Award!

Fintech 195

Fintech Community Regional Technology 195

William Mills

SEPTEMBER 12, 2017

YUKKA Lab AG detects market sentiments and transforms them into innovative tools for the finance and communications industry. YUKKA Lab‘s software reads and understands financial news within seconds and provides asset managers and financial advisors with an information advantage at a considerable smaller expenditure of time.

Samsung 69

Samsung Mobile User Experience Google 69