PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. Earlier this month, China debuted drafts for new rules for eCommerce companies, with the goal of trying to cut down on monopolistic power, PYMNTS reported.

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Industry DC Regulation Washington 152

South State Correspondent

JUNE 28, 2016

We attended a full day session at the OCC in Washington D.C. We give the OCC props for organizing this first class workshop that brought lawyers, fintech, banks, community activists, consultants and regulators together to exchange ideas. last week about responsible innovation.

Conference 150

Conference Innovation Washington Community 150

Bank Innovation

APRIL 24, 2019

WASHINGTON, D.C. — Secretary of the Treasury Steven Mnuchin said today that he prefers private over government solutions when it comes to collecting and using consumer data for financial products and services, speaking at a fintech conference hosted here by the FDIC.

Data 170

Data FDIC Washington Conference 170

CFPB Monitor

OCTOBER 10, 2016

On October 13, 2016, the Brookings Institute will hold an event in Washington, D.C. titled: “ How to make fintech work for all Americans.” ” Among the questions to be addressed are whether “regulation and policy inhibit innovation and skew benefits toward the well-to-do.”

Fintech 60

Fintech FDIC Policies Washington 60

Chris Skinner

JUNE 19, 2016

This week’s news was a summary of the White House Fintech Summit that took place in Washington on June 10.

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Washington Regulation Digital Banking Innovation 150

Chris Skinner

APRIL 11, 2017

I blogged recently about American banks beating up the regulators to stop account access via APIs. Citi’s head of FinTech Policy, Andres Wolberg-Stok, got in touch to clarify the true situation. Sincere bleats, Andres Wolberg-Stok, Global Head of Policy, Citi FinTech, New York Thanks Anders. Well, they don’t.

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US Policies Washington New York 299

CFPB Monitor

SEPTEMBER 29, 2016

The Securities and Exchange Commission has announced that it will host a public forum in Washington, D.C. on November 14, 2016 to discuss financial technology innovation in the financial services industry.

Innovation 60

Innovation Fintech Washington blockchain 60

PYMNTS

JANUARY 19, 2021

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. Fines levied under the General Data Protection Regulation (GDPR) jumped almost 40 percent in the past 12 months as European Union (EU) regulators stepped up enforcement efforts.

DC 142

DC Payments Fraud Regulation 142

Payments Source

JUNE 24, 2019

The speed and the bipartisan nature of the demand for an investigation into Facebook's Libra are telling, giving ammunition to those who warned the cryptocurrency space is underregulated and unsafe.

Washington 74

Washington cryptocurrency Mobile Marketing 74

PYMNTS

NOVEMBER 5, 2019

The draft follows Facebook’s announcement in June to launch the cryptocurrency Libra, which sparked scrutiny by global regulators. Until Facebook announced Libra, regulators mostly ignored stablecoins due to their small scale. In September, France and Germany said Libra was too risky and backed developing a public alternative.

cryptocurrency 107

cryptocurrency Washington Regulation Bitcoin 107

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

Maryland 151

Maryland Taxes Online Groups 151

American Banker

SEPTEMBER 8, 2020

Bankers and fintech executives want lawmakers returning to Washington to focus on streamlined forgiveness and a second round of Paycheck Protection Program loans for small businesses.

Washington 79

Washington Fintech Community Bank Community 79

PYMNTS

OCTOBER 17, 2019

Coeure leads the G7 task force on stablecoins , which is scheduled for a presentation on Thursday at the annual meeting of the International Monetary Fund in Washington, D.C. Until recently, we’ve taken a sandbox approach to FinTech regulation under which we could afford to give projects a chance and see how risks materialize,” Coeure said.

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cryptocurrency Meeting Washington Regulation 100

PYMNTS

OCTOBER 17, 2019

Coeure leads the G7 task force on stablecoins , which is scheduled for a presentation on Thursday at the annual meeting of the International Monetary Fund in Washington, D.C. Until recently, we’ve taken a sandbox approach to FinTech regulation under which we could afford to give projects a chance and see how risks materialize,” Coeure said.

cryptocurrency 100

cryptocurrency Meeting Washington Regulation 100

Independent Banker

MARCH 31, 2022

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry.

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Community Bank Community Industry Texas 239

PYMNTS

NOVEMBER 30, 2020

He said people are talking more and more about the digital dollar, whether it’s on an individual level, in Washington or among U.S. or European central bankers and regulators. “I Gouldman said large companies will also have to come on board to force the embrace of crypto — and if they hesitate, FinTechs will step up and fill the void.

Bitcoin 292

Bitcoin cryptocurrency Washington Security 292

Insights on Business

MARCH 15, 2019

Attend IBM Watson Financial Services RegTech Forum in Washington, DC on March 28. Parkinson, former director of the Division of Banking Supervision and Regulation for the Federal Reserve Board, provides the opening address at the IBM Watson Financial Services RegTech Forum. Washington, D.C. Mr. Patrick M. March 28, 2019.

Compliance 87

Compliance Management DC Washington 87

Chris Skinner

FEBRUARY 7, 2017

If third party FinTech firms cannot get access to the customer’s financial data, then you can severely limit what they can do. In the USA, there is a move by the big banks to get Washington to outlaw access to bank data based on security. Well, the easiest thing to do is to block access to the bank’s data.

Guidelines 150

Guidelines Washington Fintech Data 150

Independent Banker

DECEMBER 31, 2019

From successes in getting the Federal Reserve involved in real-time payments to our ongoing efforts to wake up Washington to credit union injustices, we are present, committed and confirmed in our efforts to level the playing field for community bankers. We see this same degree of passion reflected in community bank plans.

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Community Bank Community Washington Tools 125

Jeff For Banks

JUNE 20, 2017

So what am I talking about, that deposit insurance is why banks don't do like FinTech lending firms and use alternatives to the FICO score in underwriting consumer credits? They have to find out later, after a bureaucrat in Washington does a white paper. I got news for our lawmakers and regulators.

Data 60

Data FDIC Regulation Washington 60

PYMNTS

MAY 24, 2019

The Innovation Hours Program will provide financial technology (FinTech) and regulatory technology (RegTech) companies and financial institutions the opportunity to present their new and emerging innovative products and services to FinCEN,” the organization said in the release. “The FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

JULY 31, 2019

Regulators have taken note. At the time, The Washington Post said the probe represented “an unprecedented level of government attention” on a sector that has, until now, evaded regulatory scrutiny for operating outside of consumer protection rules.

Lending 162

Lending Washington Technology Security 162

CFPB Monitor

MAY 18, 2016

In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.”

Innovation 68

Innovation Washington Risk Management Fintech 68

PYMNTS

FEBRUARY 24, 2017

Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C., Last month, the central bank and government of the United Arab Emirates had drawn up regulatory frameworks for FinTech and digital payments at large. machines per week. We hope to double that this year.”.

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Bitcoin St. Louis Las Vegas cryptocurrency 194

American Banker

MAY 16, 2016

WASHINGTON -- The Office of the Comptroller of the Currency has opened registration for a June forum on “supporting responsible innovation” in the banking industry.

Washington 37

Washington Fintech Innovation Industry 37

PYMNTS

FEBRUARY 19, 2019

Reports said Powell noted that looser community bank regulations may help keep branches open. Earlier this month, separate reports revealed that MOXY Bank has been approved by the Federal Deposit Insurance Corporation (FDIC) to launch in Washington, D.C., Bank mergers aren’t the only factor behind closing bank branches, however.

Marketing 108

Marketing Community Community Bank Industry 108

PYMNTS

AUGUST 24, 2016

Radar also helps clients with cybersecurity and data breaches, but is more focused on complying with government regulations and determining whether online security breaches should be reported to the government authorities. Radar launched just this week with 30 employees and is backed by some of ID Experts’ original investors.

Portland 100

Portland Oregon DC Capital 100

Independent Banker

NOVEMBER 25, 2015

A mix of players, FinTech firms pose threats and opportunities. Call them disruptors, upstarts or the voguish FinTech companies. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers. Illustration by Getty images / Chris Ede. By Kelly Pike.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

SEPTEMBER 28, 2016

Trick question, no riddle here: In all of about 48 hours, Washington, D.C. The goal is to help regulators and government agencies — local, state, federal, international, you name it — work together on public sector issues related to, well, blockchain. This comes after Rep. s growing “sandbox” regulatory program.

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blockchain DC cryptocurrency America 100

Payments Source

JULY 13, 2018

Raj Date’s new firm, FS Vector, will help cryptocurrency firms and digital upstarts navigate Washington.

Washington 63

Washington cryptocurrency Fintech Regulation 63

CFPB Monitor

JULY 21, 2022

FinCEN, however, does not actually conduct BSA/AML examinations of regulated businesses. Currently, and depending on the facts, the BSA often does not apply to payment processors, who often fit into an exemption under the BSA’s definition of a “money services business,” or MSBs, subject to AML requirements.

United States 78

United States Taxes Regulation Compliance 78

PYMNTS

JULY 18, 2017

A recent survey from the National Federation of Independent Businesses found that “frustration over gridlock in Washington” forced SME optimism to dip last month. McDerment pointed to healthcare as another example of this pattern.

Software 109

Software Taxes Capital Policies 109

Fintech Labs Insights

NOVEMBER 28, 2016

“Fintech Favorites : Blockchain, the Banks, and the Underbanked” Around the web. Swiss fintech innovator Net Guardians to deploy its security solution, FraudGuardian , with National Bank of Malawi. Frankfurter Allgemeine features Savedroid and Fintura in a look at the fintech scene in Frankfurt. On Finovate.com.

Washington 12

Washington blockchain Fintech Capital 12

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. A pretty clear-cut sizzle. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. HQ: Fort Washington, Pennsylvania. The post Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1 appeared first on Finovate. Bluefin Payments received $6 million to expand its secure payment system. Total raised: Unknown.

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New York City Company Fintech California 12

Fintech Labs Insights

AUGUST 8, 2016

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 9 July to 15 July, 2016: Blockchain Intelligence Group. HQ: Seattle, Washington. The post Fintech Fundings: 32 Companies Raise $210 Million Second Week of July appeared first on Finovate. Total dollars raised YTD is $18.1

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Company Fintech New York City blockchain 12

Gonzobanker

DECEMBER 19, 2017

FinTech threats and distractions. Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Payments chaos.

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Conference Industry Community Bank Community 114