PYMNTS
NOVEMBER 13, 2018
Collaboration amid competition has been a hallmark of the financial services space, as traditional financial institutions (FIs) join forces with FinTech startups. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Guidelines From The UK. and MarketInvoice.
PYMNTS
OCTOBER 19, 2016
According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. The updated regulations are slated to take effect Oct. About The Tracker.
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PYMNTS
MAY 28, 2018
It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up, a trend that looks certain to continue. The deal is newsworthy because the mainstream view still sees banks and FinTechs as adversaries, each competing for payment and financial services revenue.
PYMNTS
JULY 27, 2020
The $28 billion FinTech leader was once the envy of Europe. Also on Monday, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. Michael Jaffe, the company’s insolvency administrator, said Wirecard has enough liquidity to keep operating for the time being.
PYMNTS
JANUARY 24, 2019
The Institute for FinTech Research at Beijing’s Tsinghua University (THUIFR) has unveiled a blockchain scholarship program with Ripple ’s help, Cointelegraph reported. Through the program, graduate students are said to focus on the study of blockchain development and regulations. A Ripple representative tweeted on Tuesday (Jan.
CFPB Monitor
OCTOBER 12, 2020
Topics will include credit card and payments regulation, fair lending, Fintech developments, enforcement developments, student and mortgage lending and servicing issues, debt collection, Community Reinvestment Act rules, and anti-money laundering. More information, including how to register, will be available in the coming weeks.
PYMNTS
MAY 30, 2018
What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? As far as innovation goes, “FinTech is the most developed,” Monteiro said. FinTech and payments aren’t the only sectors that could help guide Latin America into a more digital future.
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