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Bitcoin Daily: Hawaii Debuts Digital Currency Lab; Ripple Launches Live X-Border Payments With Thailand’s DeeMoney

PYMNTS

Thai FinTech firm DeeMoney is teaming with enterprise blockchain solution Ripple to facilitate quicker and less expensive cross-border money transfers, according to an announcement. The lab will take applications online from March 17 to May 1.

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COVID-19 Sees More Online Grocers Accept EBT SNAP Payments For Food

PYMNTS

Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.

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Fintech And Financial Institutions – Bridging the Gap

NCR

The expansion of new fintech apps started a trend of eroding revenue and profits from banks and credit unions, generating a sense of competition with app developers. Meanwhile, Jamie Dimon, CEO of JP Morgan Chase, said : “I don’t buy that fintech is completely different. Why Are Financial Institutions Adopting New Fintech Apps?

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Top 10 Regulatory Topics NBFIs Should Prepare for in 2022

Abrigo

A panel of experts from top regulatory supervisory agencies recently spoke at the Hawaii Bankers Association (HBA) BSA/AML Symposium to give insight into regulatory topics NBFIs should prepare for in 2022. NBFIs that use artificial intelligence (AI) for online payment will need to show regulators that they are using best practices.

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FinDEVr Live: OnDeck’s APIs Connect Your Small Businesses Customers with Financing

Fintech Labs Insights

Small businesses can apply for a line of credit or term loan online in minutes, get a decision immediately and receive funds in as fast as the same day. from the University of Hawaii, an M.S. Since 2007, OnDeck has deployed more than $3B to small businesses nationwide. from July 2005 until it was acquired by PayPal, Inc.,

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