PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing. The companies plan to expand their integration for additional functionality moving forward.

Metro 136

Metro Regional Fintech National 136

Payments Source

NOVEMBER 6, 2020

Brazil's central bank and the country's National Monetary Council have established operation guidelines for a regulatory sandbox to encourage financial and payments technology innovation.

Guidelines 84

Guidelines Payments National Innovation 84

PYMNTS

AUGUST 5, 2020

The National Payments Corporation of India (NPCI) certified to the Supreme Court that WhatsApp has “localized five data elements” identified by the banking regulator. Now it will be available once the Reserve Bank of India (RBI) gives it the green light.

Payments 174

Payments Guidelines Regulation National 174

PYMNTS

DECEMBER 8, 2020

Some exchanges even deliberately avoid having KYC systems by obfuscating their country of origin to make it harder for regulators to impose national compliance guidelines. A study found that more than 56 percent of cryptocurrency exchanges have weak or nonexistent KYC systems which are not effective at preventing money laundering.

cryptocurrency 261

cryptocurrency Mobile Compliance Analysis 261

PYMNTS

AUGUST 16, 2019

Khun Sarintorn, VP of international remittance business solutions for Thailand-based Kasikornbank (KBank), explained how the bank’s collaborations with FinTechs are helping to make overseas transfers more transparent and efficient. They were also skeptical of partnering with FinTech companies. Remittances on the Rise. innovations.

Payments 204

Payments System Fintech Innovation 204

PYMNTS

JULY 31, 2019

As watchdogs ramp up oversight of financial institutions and FinTechs, late last year the China Banking and Insurance Regulatory Commission also announced plans to relax restrictions on foreign ownership of banks operating in the country. China’s banking regulation is in-flux.

Lending 134

Lending Policies National Guidelines 134

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year.

America 165

America Regulation Regional Tools 165

PYMNTS

OCTOBER 28, 2019

The firm was the first money transfer company to use Unified Payments Interface (UPI), which was developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines. Visa, Marqeta Team To Boost FinTech Expansion Across Asia Pacific. Amazon Taps Into Bill Payments With Alexa.

Payments 101

Payments Guidelines Fintech Regional 101

FICO

AUGUST 27, 2018

Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside. Fintech Policy in the US: New Credit Models and the Promise of Alternative Data. Fintech Policy in the US: Data Aggregation and Consumer Financial Account Data. It’s August and it’s hot in Washington DC.

Policies 49

Policies US Fintech DC 49

PYMNTS

AUGUST 6, 2019

As reported in GPM Institute , Singapore recently became the first Asian country to join the European Commission’s eInvoicing initiative to promote the exchange of electronic invoices across national borders. And beyond government efforts, FinTechs in the private sector are also promoting eProcurement digitization in the region.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

MAY 15, 2018

In a landscape that’s fast evolving to match the needs of tech-savvy customers, credit unions are innovating to compete with larger commercial banks and FinTech firms to attract and retain customers. The National Council of Firefighter Credit Unions (NCOFCU) agreed to work with web design firm OMNICOMMANDER.

Millennials 110

Millennials Innovation Report Mobile 110

PYMNTS

FEBRUARY 24, 2017

Earlier this month, the BSP published guidelines for entities that offer exchange services, including a registration requirement with both BSP and the nation’s anti-money laundering organization. Bitcoin exchanges will also be subject to annual fee services.

Bitcoin 194

Bitcoin St. Louis Las Vegas cryptocurrency 194

Tomorrow's Transactions

DECEMBER 5, 2016

The Office of the Comptroller of the Currency will start granting limited-purpose bank charters to fintech companies, From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker. From Regulator will start issuing bank charters for fintech firms.

Fintech 30

Fintech Regulation Lending System 30

PYMNTS

MARCH 25, 2019

DNB is responsible for approving PSD2 payment licenses in the Dutch market, so third parties will have to follow their guidelines if they want to continue operating in the region. To be successful in the Netherlands, [FinTechs] have to be even more efficient than what’s already there … and they have to be considerate to price,” she said.

Regional 108

Regional Regulation Data Payments 108

CFPB Monitor

AUGUST 13, 2018

McWilliams stated that the FDIC is reviewing whether to rescind its guidelines for deposit advance loans and that she is considering allowing applicants seeking deposit insurance to make a preliminary, confidential filing to get feedback before a formal application. Finally, Ms.

FDIC 68

FDIC Community Lending Guidelines 68

CFPB Monitor

OCTOBER 13, 2020

We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan.

Lending 60

Lending Colorado FDIC National 60

Fintech Labs Insights

JULY 25, 2016

Officially named KBW Nasdaq Financial Technology Index (KFTX) , the fund tracks 49 fintech companies, including 17 Finovate and FinDEVr alums. Fidelity National Information Services (FIS). When creating the index, KBW and Nasdaq adhered to three guidelines: The companies mainly sell financial services. FinovateFall 2012 demo.

Fintech 12

Fintech New York Guidelines Financial Technology 12

NCR

AUGUST 18, 2017

A whitepaper produced by the UK-based FinTech Network in cooperation with BNY Mellon and Rabobank highlighted payments as one of the primary applications for the technology. FinTech Network observed this challenge is one of the inherent difficulties of the technology. The key applications for the technology.

blockchain 75

blockchain Technology cryptocurrency Study 75

Lex Sokolin

JUNE 24, 2019

Urban planning comes with zoning and design guidelines, built through open political process, to make sure that things fit into the built environment and do not aggravate locals. I hate getting stuck on Facebook, as it makes much of the Fintech and Crypto industry reactive rather than innovative. Evolution is a law of nature.

Las Vegas 40

Las Vegas Capital National Payments 40

NCR

NOVEMBER 21, 2016

In October 2015, the European Parliament passed the revised Payment Services Directive (PSD2), with EU member states given two years to make the required changes in national legislation to comply with the new rules. The nuts and bolts of PSD2.

Fraud 40

Fraud Compliance Payments Exercises 40

Tomorrow's Transactions

JULY 13, 2016

Aadhar (the brand name for UID) can serve as the know your customer guidelines that banks have. This was, after all, part of the original vision for the Indian UID service, made clear back in 2010. . “Lack of identity is hurting people and blocking progress. So now we have an interesting — but practical — model to work with.

blockchain 30

blockchain Examples Guidelines System 30

Fintech Labs Insights

JULY 7, 2016

Accredited investors can invest in single company funds, syndicated funds, and portfolio funds while non-accredited investors can participate in national deals that fall under Regulation D of the JOBS Act. .” Onuosa went on to detail how franchise-related equities have outperformed the US stock market by 33%. Franchisor. Franchisees.

United States 15

United States Guidelines Branding Big Data 15