PYMNTS

JUNE 29, 2020

Valdis Dombrovskis , the EU’s executive vice president of the European Commission for an Economy that Works for People, told attendees of the Digital Finance Outreach 2020 , a series of events for the 27-nation bloc on financial technology companies, that Europe must become the leader in crafting rules for digital finance.

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PYMNTS

APRIL 23, 2020

The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment.

Payments 181

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Payments Source

DECEMBER 20, 2018

The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.

FDIC 62

FDIC Regulation Fintech Policies 62

Bobsguide

JULY 3, 2022

Leading fintech company, AutoRek, is delighted to have been recognised at the Systems in the City Financial Technology Awards 2022 in both the ‘Best CASS Solution’ and ‘Best Wealth Management Solution’ categories and are excited to have achieved the accolade ‘Best CASS Solution’ for the third consecutive year.

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PYMNTS

SEPTEMBER 16, 2020

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. The nation isn’t the first to implement an eInvoice requirement as part of more widespread initiatives to cut reduce financial crime. 16) announcement.

Taxes 163

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PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. 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.

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PYMNTS

NOVEMBER 3, 2020

3), stock exchanges in Shanghai and Hong Kong have suspended the looming IPO (initial public offering) in Ant Group, citing regulatory changes in the financial services landscape — and summoning executives including controller Jack Ma to meet with Chinese regulators at the China Securities Regulatory Commission.

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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.

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PYMNTS

AUGUST 3, 2018

The report , released in support of President Trump’s call to regulate the U.S. financial system around a set of core principles, offered guidance and recommendations that have long bounced around the FinTech space, and which no doubt already command the support of many executives. Additionally, the report calls upon the U.S.

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PYMNTS

JUNE 29, 2020

Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request. A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported.

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PYMNTS

JULY 23, 2019

China’s banking regulator is introducing stricter requirements on banks and insurance institutions that provide supply chain financial solutions in an effort to curb fraud, according to China Daily reports last week. Regulators Step In. Technology, he said, is key to that endeavor. “As

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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. Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model.

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Fintech Lending Regional Regulation 144

Gonzobanker

FEBRUARY 23, 2022

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. Executives should embrace technology partners as a means of growing and enhancing their customer value proposition.

Community Bank 133

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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.

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PYMNTS

JULY 12, 2020

Danyal Bayaz, a Green member of parliament, told the Financial Times he blamed the Federal Financial Supervisory Authority ( BaFin ), Germany’s financial regulator, for the mess. BaFin failed to take the many warnings over irregularities at Wirecard seriously for way too long,” he said.

Fraud 156

Fraud Financial Technology National Report 156

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.

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PYMNTS

FEBRUARY 15, 2019

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. Open Financial Technologies. India’s Open Financial Technologies raised $4.6 OakNorth operates in the U.K.

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PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved.

Innovation 210

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PYMNTS

OCTOBER 29, 2018

Berkshire has historically shied away from technology investments, because Buffet said it was out of its area of expertise, noted the paper. The two dominate their local markets and are operating in regulated industries, two characteristics the famed investment firm typically looks for when making investments.

Fintech 139

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PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .

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PYMNTS

JANUARY 26, 2017

But while B2B payments continues to lag behind the B2C market in terms of innovation, analysts note that all sides will be facing challenges from regulation this year. The firm noted that there is now a fairly even split between financial technology innovators that target the consumer and SME space and those that target corporate services.

Innovation 100

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PYMNTS

MARCH 16, 2018

The profiles serve as educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most common payment types, the Federal Reserve said in a press release. “We They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks, such as cybersecurity, interoperability, technology and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 117

Fintech National Regulation Innovation 117

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. The payment system, called CoDi, is slated to launch in March.

Fintech 173

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Insights on Business

MARCH 12, 2018

During the interview, he describes how we are in the middle of a cryptocurrency “explosion” that is ripe for regulation. He expects regulation in crypto as a matter of when, not if, and the future success or failure of this new form of this volatile currency may very well hinge on how it’s regulated.

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PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 101

Fintech Cyber Security National Regulation 101

PYMNTS

JULY 28, 2016

The financial technology and data analytics firm has traditionally focused on the consumer finance space in its lending operations. Stephen Cunningham was announced as Enova International’s new finance chief, reports this week said. Prior, he was at Discover as corporate treasurer and senior vice president.

Analytics 100

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PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Other recent API developments aim to offer professionals an efficient way to process payments and remain compliant with local regulations.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Nearly a quarter of survey respondents said they were doing business in each of the 10 key markets identified by the survey, with the vast majority operating in North America. Payments Rails.

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Fintech Survey Cards Payments 150

Perficient

JULY 11, 2022

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. Afterpay is offered at thousands of merchants – notable names include Nordstrom, Bed, Bath & Beyond, and Nike.

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PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

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PYMNTS

JULY 2, 2020

Payroll card provider Global Cash Card has reportedly lost its legal battle against the New York Department of Labor, which had imposed regulations on payroll card companies in an effort to protect employees against unfair fees. Global Cash Card’s Legal Saga Ends. Galileo Launches Contractor Pay Card.

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Celent Banking

OCTOBER 12, 2015

This week I’m in Singapore, which provides a beautiful backdrop for Sibos 2015, the annual conference that brings together thousands of business leaders, decision makers and topic experts from a range of financial institutions, market infrastructures, multinational corporations and technology partners.

Conference 100

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CFPB Monitor

SEPTEMBER 8, 2020

Also, with respect to any entity that is licensed, registered, or subject to the agency’s oversight, the bill clarifies that the DFPI has the authority to, bring a civil action or other proceeding pursuant to 12 USC § 5552 to enforce the Consumer Financial Protection Act of 2010 (12 USC § 5481 et seq.) (the the “CFPA”).

California 78

California Innovation Regulation Report 78

PYMNTS

JUNE 7, 2018

However, for them to distribute those offerings — and deliver on them — community banks have technological and regulatory challenges to clear on the path going forward. Rainey told PYMNTS that financial services, particularly around payments, is evolving and changing at a pace never before seen in the industry. “I What’s Next.

Community Bank 157

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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. And we do this within a few seconds.

Innovation 100

Innovation Technology Regulation Fraud 100

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. China could improve its regulatory technologies. For example, implemented in an appropriate way, Blockchain technologies could support the exchange of personal data for client onboarding incl. Regulation. HearingTech. Humanoid Banker.

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