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

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. But in a new PYMNTS interview on Tuesday (Dec. More Focus on P2P Lending.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. the San Francisco-based online bank, had the last laugh. Department of the Treasury that charters and regulates financial institutions. OCC is an independent bureau of the U.S.

National 172

National Fintech San Francisco Connecticut 172

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 system will come fully online in the city by 2021, according to the MTA.

Payments 304

Payments New York Metro New York City 304

Jeff For Banks

APRIL 27, 2023

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

Financial Technology 78

Financial Technology Strategy Fintech New York 78

PYMNTS

OCTOBER 11, 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 to launder approximately $2 trillion annually. Such profiles ensure FIs comply with current regulations and AML standards.

Strategy 123

Strategy Innovation Fraud Security 123

Perficient

JULY 11, 2022

When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. Consumer advocate groups and regulators have also brought forth concerns about the ramifications of BNPL existing outside of the normal credit-reporting system.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). USD) a year into financial technology companies. has been a hotbed of FinTech startups.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

PYMNTS

AUGUST 2, 2016

Department of Commerce’s International Trade Administration said in its “ 2016 Top Markets Report Financial Technology ” that Asia will hold sway over other regions. The report stated that the online payments sector, with an emphasis on mobile payments, should be on the vanguard of that FinTech revolution.

Fintech 100

Fintech US Big Data Trends 100

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. Mobile, online and phone channels all have distinct fraud challenges and customer needs. Challenges and Solutions.

Compliance 123

Compliance Fraud Study Digital Banking 123

BankInovation

NOVEMBER 5, 2020

accusing Visa of trying to buy the financial-technology firm to eliminate an emerging threat to its online debit business. Justice Department sued to block Visa Inc.’s billion acquisition of Plaid Inc.,

San Francisco 69

San Francisco Financial Technology Online Technology 69

PYMNTS

DECEMBER 24, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . But as with any nascent payments technology, the bad guys are always lurking – especially with cryptos, where anonymity is prized.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

Lending 60

Lending Fintech California Survey 60

PYMNTS

FEBRUARY 19, 2019

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. In the future, it will no longer be necessary to have a bank in the sense of a traditional, established bank,” said Arturo Herrera, Mexico’s deputy finance minister.

Fintech 173

Fintech System Mobile Payments 173

CFPB Monitor

SEPTEMBER 29, 2016

on November 14, 2016 to discuss financial technology innovation in the financial services industry. The panels will discuss issues such as blockchain technology, automated investment advice or robo-advisors, online marketplace lending and crowdfunding, and how they may impact investors.

Innovation 60

Innovation Fintech Washington blockchain 60

CFPB Monitor

APRIL 15, 2016

The interest of federal regulators in marketplace lending continues to grow. In July 2015, the Treasury Department issued a request for information regarding online marketplace lending and, in February 2016, the FDIC published an article highlighting the risks for banks that partner with marketplace lenders. .

Lending 60

Lending FDIC Washington Financial Technology 60

PYMNTS

MAY 26, 2017

On the payments side of the equation, Brexit threatens to force the relocation of hundreds, even thousands, of workers in the financial sector within just a few short years, and PSD2 will have a major impact on the payments industry when it takes effect in January. Consider someone who goes online to reserve a two-week sojourn to Australia.

Online 130

Online Payments Resources Cards 130

PYMNTS

JUNE 7, 2018

Though the last decade or so has been a challenging time regarding regulation for credit unions and community banks, the last week or so has seen some major progress on that front. Community banks — despite some reputation for provincialism — are faring well when it comes to adopting the future of digital financial technology.

Community Bank 157

Community Bank Community Millennials Regulation 157

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. So, there is a balance that needs to be struck.”.

Payments 172

Payments Fraud Security Technology 172

CFPB Monitor

DECEMBER 22, 2020

Section 29 of the Federal Deposit Insurance Act and FDIC regulations restrict the acceptance of deposits by IDIs that are less than well capitalized from a “deposit broker.” The term “deposit broker” is defined by Section 29 and the FDIC’s implementing regulations (12 C.F.R. Brokered Deposits. Primary Purpose Exception.

FDIC 78

FDIC Capital National Regulation 78

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. million customers and is the largest online bank outside of Asia. Founded in 2013, Nubank currently claims 8.5

blockchain 147

blockchain Payments Regional America 147

Payments Source

JANUARY 17, 2017

The PSD2 rules go into effect in 2018, providing a new opportunity for financial technology companies to compete with banks. But there's also an opportunity for banks.

Innovation 60

Innovation Fintech Financial Technology Technology 60

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

JULY 11, 2017

In the latest PYMNTS Commanders in Chief series, Bruce Lowthers, executive vice president of FIS Global, a financial technology solutions provider , and president of the company’s Payments Division , didn’t set out to be an innovator. What concerns you most in the online payment solutions space?

Innovation 101

Innovation social media Security Leadership 101

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

MAY 18, 2016

JJ: Regulatory Technology, or RegTech, has emerged as a result of the growing need for businesses to effectively and efficiently stay compliant in the face of increased regulatory protocols. Being actively engaged with our clients, partners, regulators, policymakers and industry leaders and influencers fuel innovation at our company.

Innovation 100

Innovation Technology Regulation Fraud 100

PYMNTS

OCTOBER 1, 2018

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

Fintech Labs Insights

NOVEMBER 25, 2015

Building a new financial technology? Developer news: BankNXT interviews Stefan Weiss, head of APIs at Fidor Bank , on the APIs, regulation, and expansion. Alumni updates: PRUDENA launches online marketplace for stock market research. Entrust Datacard’s Kurt Ishaug named 2015 CFO of the Year by Minneapolis-St.

San Francisco 12

San Francisco Minneapolis New York Conference 12

Tomorrow's Transactions

MARCH 26, 2015

This will enable FinTech firms to make use of bank data on behalf of customers in a variety of helpful and creative ways, and ensure the UK remains at the forefront of developments in financial technology and innovation. The “non-regulated payment APIs” that PSPs define and agree themselves.

Regulation 30

Regulation Examples Data Payments 30

PYMNTS

JANUARY 27, 2021

Innovation in financial technology means that we are now able to deliver products and services that are as credible, robust and secure as banks, but free of legacy issues, while being more obtainable, affordable and better suited to the small- to mid-sized business sector,” said Tat Capital Founding Director Ram Gorlamandala in a statement.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

MARCH 23, 2017

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector. Last year, the commission setup its financial technology task force in response to the effects of digital innovations changing the banking industry.

Fintech 187

Fintech Policies Innovation Financial Technology 187

PYMNTS

DECEMBER 30, 2019

In a statement published on LinkedIn by President and CEO Dan Schulman, PayPal revealed that Brazil- and Mexico-based users of MercadoLibre’s digital payment technology, Mercado Pago, will now be able to use PayPal for online checkout at merchants integrated with Mercado Pago.

America 156

America Regional Leadership Payments 156

PYMNTS

DECEMBER 30, 2019

In a statement published on LinkedIn by president and CEO Dan Schulman, PayPal revealed that Brazil and Mexico-based users of Mercado Libre’s digital payment technology Mercado Pago will now be able to use PayPal to make payments at online checkout at merchants with integrated Mercado Pago.

America 130

America Regional Leadership Online 130

PYMNTS

NOVEMBER 29, 2016

There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. These abuses need to be stopped, and cheerleaders for the new regulations note that stringent rules and enforcement are the best way to get there.

Lending 100

Lending Regulation Groups Innovation 100

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution. Now showing “Virtual Bank Online Banking” on a Windows 10 browser.

social media 40

social media ATM Mobile Customer Experience 40

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

CB Insights

OCTOBER 31, 2019

Customer journey: Using chat to get people from online to brick-and-mortar. From crawling financial documents to simplifying how users manage their money, chatbots are creating more efficient financial technology on both the back- and front-end. Retail & e-commerce: Convenient shopping & scheduling.

Industry 78

Industry Examples Tools Retail 78