article thumbnail

Today In Payments Around The World: Mynt Lands $175 Million In Funding; Airtel Teams With Amazon On Video

PYMNTS

Plus, the United Kingdom and the European Union are set to begin discussions on financial services sector regulation now that Brexit has been affected. UK, EU Begin Negotiations Over Financial Services Regulation. Mobile Wallet Provider Mynt Pulls in $175 Million in Funding. 26, according to the report.

Video 130
article thumbnail

FinTech Firms On The New FinTech Charter

PYMNTS

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability.

Fintech 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The US and British authorities collaborate on fintech regulation

The Paypers

(The Paypers) The United States’ CFTC has teamed up with the United Kingdom’s FCA to collaborate on a framework for financial technology (fintech) innovation and regulation.

article thumbnail

Dwolla Partners With Currencycloud On International Payments

PYMNTS

Financial technology company Dwolla has announced it is teaming up with global payments platform Currencycloud so that its clients can facilitate international payments. Launched in 2012, London-based Currencycloud is regulated in Europe, the U.S. This partnership allows our customers to get the best of both worlds.

Payments 129
article thumbnail

This week’s podcast: a conversation with Paul Watkins, Director of the CFPB’s Office of Innovation

CFPB Monitor

Paul formerly worked in the Arizona Attorney General’s office where he was in charge of fintech initiatives and led the state’s successful efforts to create the first “regulatory sandbox” in the United States which allows new financial technologies and products to be tested in a controlled environment with reduced regulatory risk.

Arizona 60
article thumbnail

Ballard Spahr creates cross-disciplinary fintech team

CFPB Monitor

As readers of our blog know, our consumer financial services group has been at the forefront of legal developments involving new technologies.

Fintech 60
article thumbnail

Closing the gate: House adopts ENABLERS Act amendment to 2023 NDAA

CFPB Monitor

If ultimately enacted as law, even a scaled-back version of this amendment could significantly alter the Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) regulatory framework in the United States. financial system adopt anti-money laundering procedures that can help detect and prevent the laundering of corrupt funds.”.