5 takeaways from Michael Barr’s views on CBDCs, stablecoins and more
Payments Dive
SEPTEMBER 11, 2023
The Federal Reserve’s vice chair for supervision spoke about “responsible innovation” Friday at a Philadelphia Fed fintech conference.
Payments Dive
SEPTEMBER 11, 2023
The Federal Reserve’s vice chair for supervision spoke about “responsible innovation” Friday at a Philadelphia Fed fintech conference.
Bank Innovation
MARCH 8, 2016
FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. FinTech Acquisition Corp. Terms of the deal were not disclosed. had Read More.
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PYMNTS
NOVEMBER 11, 2020
In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Alacriti, the payments FinTech, has teamed with Glia on new customer service choices for payments needs.
PYMNTS
JANUARY 2, 2020
Smart FinTechs, however, are seeing opportunities in the education space. 12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. 12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. All this, Today in Data.
CFPB Monitor
JANUARY 14, 2019
Last July, the OCC announced its decision to accept applications for special purpose national bank (SPNB) charters from fintech companies. According to a Reuters article published today , Federal Reserve officials have expressed reservations about allowing such access to fintech companies. The article quotes the President of the St.
CFPB Monitor
OCTOBER 21, 2019
PBI’s Consumer Financial Services and Banking Law Update will take place on October 29, 2019, in Philadelphia (and by simulcast in Allentown, Bellefonte, Butler, Chambersburg, Easton, Mechanicsburgh, Pittsburgh, West Chester, and York, Pennsylvania). The rapidly developing landscape for FinTech (Artificial Intelligence, Big Data).
PYMNTS
JUNE 12, 2018
Now, the tech-driven underwriting models that promised to assess risk more accurately, and extend credit more efficiently, may be confirmation that traditional risk and lending business models may have more going for them than their new, FinTech challengers once thought. The Coming Risk Assessment Reset. ” Will those securities pay?
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