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NOVEMBER 10, 2020

In other news, Securities and Exchange Commission (SEC) member Hester Peirce expressed hope that securities regulations concerning cryptocurrencies will speed up to match the speed of financial technology innovation.

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JANUARY 24, 2020

The crypto could be a joint effort between private firms and the government, which would help Japan tap into worldwide shifts in financial technology, as the Parliamentary Vice Minister for Foreign Affairs Norihiro Nakayama told Reuters. The first step would be to look into the idea of issuing a digital yen,” Nakayama said.

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Let's Talk Payments

MAY 16, 2016

Plug and Play Tech Center, the world’s largest global technology accelerator and venture fund, is opening applications for for Plug and Play FinTech’s Fourth Batch. Press Release} SUNNYVALE, CA, May 16,

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JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. ESMA said they will conclude the inquiry by the end of October.

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JANUARY 21, 2021

In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to raise roughly $121 million in its transfer from the OTC board to Nasdaq. Securities and Exchange Commission (SEC). Ant-Backed Mynt Seeks More Funding On Heels Of $175 Million Round.

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PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

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PYMNTS

DECEMBER 16, 2020

The company said that the advancements will better the method in which firms make and receive payments domestically and internationally, "following a successful year of growth for the financial technology firm," according to the announcement.

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PYMNTS

SEPTEMBER 5, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes details of Amazon’s new plans for India, along with a potential threat to JD.com. There is a new development from the world of real estate payments, and a large social media platform is embracing commerce.

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PYMNTS

OCTOBER 2, 2019

“If there is no Tether, we lose a massive amount of daily volume — around $1 billion or more depending on the data source,” Lex Sokolin, global financial technology co-head at ConsenSys, said, according to Bloomberg. Companies that offer or sell securities to U.S. A number of U.S.

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PYMNTS

APRIL 1, 2020

CUs are also employing technologies for security and for consumer satisfaction. These include tools that use artificial intelligence (AI) and machine learning (ML), such as the Linked Analysis tool developed by financial technology provider PSCU. How USSFCU Secures Its Digital Infrastructure Makeover.

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PYMNTS

JULY 7, 2020

Jaffe said sale processes are underway for other international holdings as well as Wirecard’s core business, the news service reported. The 51-year-old executive faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet.

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PYMNTS

OCTOBER 23, 2018

SBI President and CEO Yoshitaka Kitao said in the announcement that signatures based on MPC “offered our desired level of security, performance and scalability needed to manage transactions for our growing SBI Virtual Currencies customer base.”.

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PYMNTS

MARCH 6, 2020

The aim of creating this system was both to provide more speed and security to the country’s merchants. Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems.

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PYMNTS

JUNE 29, 2020

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. “We hope to be able to issue an update soon.”. The FCA said it is working with Wirecard and other international and U.K. authorities.

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PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

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PYMNTS

DECEMBER 4, 2019

In other news, Gemini Trust , the crypto exchange founded by Cameron and Tyler Winklevoss, has hired Julian Sawyer, the co-founder of U.K. This is the latest hire for Gemini, which has brought on executives from the New York Stock Exchange (NYSE) and International Securities Exchange (ISE) over the past 18 months. “I

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PYMNTS

OCTOBER 1, 2020

In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is reportedly gearing up for an initial public offering (IPO). Kakao Pay is reportedly set to be the first South Korean financial technology firm working with mobile payments to undertake an IPO.

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PYMNTS

FEBRUARY 25, 2019

A recent partnership in India aims to add further biometric security to the nation’s Aadhaar system. Identity Devices Sweden AB will provide a new biometric privacy platform (BPP) to Aadhaar, essentially adding a new layer of security to its online and offline authentication systems.

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NOVEMBER 17, 2020

Open banking lets third-party financial service companies to have access to a consumer’s banking transactions and other financial data from financial institutions (FIs). Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company.

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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.

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PYMNTS

JUNE 23, 2020

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again mulling a potential initial public offering (IPO). Plus, Amazon’s Big Style Sale runs this week. Wirecard’s Former CEO Markus Braun Arrested. Post-Pandemic Era Ushers In reCommerce Boom.

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PYMNTS

NOVEMBER 15, 2018

Maxime de Nanclas, COO and co-founder of Mobeewave, said, “Securing strategic funding from organizations with a proven track record of supporting innovation, especially financial technologies, will enable Mobeewave to continue to grow, [and] develop new product offerings and business partnerships.

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PYMNTS

MAY 20, 2019

In other Czech news, Wirecard, the digital financial technology company, announced in April that it is expanding its partnership with O2 Czech Republic, the largest telecommunications player in the Czech market. The fund will be established as soon as possible, and how much it accomplishes depends on the total amount of funding.

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PYMNTS

JUNE 30, 2020

PSCU has transformed its business model and evolved from a transactional processor and reseller of a platform partner’s products to an integrated, value-add financial technology solution provider, and we look forward to delivering the benefits of this scale to Primax clients,” he said, according to the press release.

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PYMNTS

NOVEMBER 14, 2018

” The news follows an earlier headlines in the fall, when a quarter of the largest agriculture companies announced joint efforts to digitize cross-border grain trading through the use of artificial intelligence (AI) and blockchain, eyeing post-trade processes, which are often manual (and costly) activities. .”

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PYMNTS

JANUARY 7, 2019

Welcome to The Axis, your late look at payments news from around the world. Digital financial technology company Wirecard and online travel agency Ctrip are rolling out multi-currency Visa cards to Ctrip customers in China, Wirecard said in an announcement. In addition, U.K.

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PYMNTS

MAY 3, 2019

Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

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PYMNTS

JANUARY 7, 2019

Separately, the Securities and Exchange Board of India (SEBI) is in the midst of plans for a “sandbox” that will help boost FinTech efforts for capital markets, as reported by The Hindu. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms.

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PYMNTS

APRIL 21, 2020

The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there. The new Hong Kong-based SoFi Invest will also offer “automated investing” along with financial advice and education, per a press release announcing the expansion.

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PYMNTS

DECEMBER 12, 2018

That product is Plaid — a tech platform that uses application program interfaces (APIs) to securely connect a consumer’s bank account to a third-party that wishes to use the account to enable a financial services transaction. We are in inning one of a transformation. The Trust Business.

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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. Looking At Digital IDs — And Friction.

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PYMNTS

AUGUST 28, 2019

As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country. Fujitsu has noted that there has been a shortage of data specialists that can provide credit analysis in the country.

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PYMNTS

FEBRUARY 28, 2018

Taiwan’s central bank is looking into implementing blockchain technology in order to improve its operations. Big Data and even artificial intelligence and other technologies [will] help our bank to predict and analyze economic and financial conditions more effectively.”. “In

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PYMNTS

AUGUST 2, 2020

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one. to InBankshares Corp.

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PYMNTS

AUGUST 27, 2019

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. digital transformations reshaping CUs’ role in the financial space, and how open banking could change how CUs do business.

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PYMNTS

JUNE 23, 2020

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

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PYMNTS

JANUARY 8, 2020

Call it, perhaps, a New Year’s Resolution list — for regulators. 8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. In documents released Tuesday (Jan.

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