Chris Skinner

MAY 1, 2017

Back in December, I picked up on this new Office of the Comptroller of the Currency (OCC) Ruling to issue national FinTech bank charters. This would enable a FinTech to go through ONE regulator to get to market, rather than the 200 or more they would have go through today. An obscure regulatory debate has put the entire U.S.

America 211

America Fintech National Regulation 211

PYMNTS

JUNE 16, 2018

Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper. The initiative eventually hopes to join banks and government agencies that collaborate on contract registration and regulation.

blockchain 113

blockchain National New York cryptocurrency 113

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. In March 2016, the OCC released a white paper: “Supporting Responsible Innovation in the Federal Banking System: An OCC Perspective.” Registration is free.

Innovation 68

Innovation Washington Risk Management Fintech 68

Insights on Business

JUNE 18, 2019

In the IBM white paper “ A new era of technology-enabled financial risk management ,” discover in greater detail how to apply emerging technologies to help modernize risk management capabilities. Explore all these topics in the IBM white paper, “ A new era of technology-enabled financial risk management.”

Risk Management 185

Risk Management Technology Management Big Data 185

CFPB Monitor

JUNE 8, 2016

On June 9, 2016, the FTC will host a “ FinTech forum on marketplace lending ,” the first in a forum series described by the FTC as “exploring emerging financial technology and its implications for consumers.”

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Lending Fintech California Survey 60

PYMNTS

AUGUST 15, 2018

Russia’s FinTech association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper. The initiative eventually hopes to join banks and government agencies that collaborate on contract registration and regulation.

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System blockchain Cards ATM 101

PYMNTS

NOVEMBER 12, 2020

Kanthadai referenced a recent joint white paper published by Eurofinance and J.P. Another factor is the regulatory requirements in many markets that historically necessitate paper documentation for cross-border movements of funds.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

APRIL 30, 2018

Anyone in a regulated industry — and that’s just about all of them — are also plenty dubious about using cryptocurrencies as the processing rails for supporting those pilots and incorporating them into their longer-term plans should their pilots show promise. And to learn. All you need for proof is to just follow the smart money.

Fintech 183

Fintech blockchain Lending Digital Banking 183

American Banker

MAY 13, 2016

The Office of the Comptroller of the Currency's recent white paper is a great first step in promoting innovative collaboration between banks and fintech, but companies need clearer guidelines on what regulators expect of them.

Fintech 28

Fintech Guidelines Regulation Innovation 28

Insights on Business

NOVEMBER 12, 2018

As these regulations are constantly evolving and changing, complicated legacy systems have been developed over time that became hugely expensive to manage, incompatible with one another, and, as massive number of fines continue to be imposed, are being rendered ineffectual. Increasing your ROI with IBM OpenPages with Watson.

Compliance 107

Compliance Technology User Experience Analytics 107

American Banker

MARCH 31, 2016

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation."

Innovation 28

Innovation Management Fintech Risk Management 28

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

BankNXT

MAY 2, 2017

In March, the OCC issued a white paper that described the application process to get a national bank charter in the US. What happened after that? Story by Chris Skinner. America’s troubled regulatory regime laid bare by the OCC on BankNXT.

National 57

National US Regulation Fintech 57

CFPB Monitor

JULY 13, 2016

While the CFPB has not yet held a public event devoted to FinTech or financial innovation, the Office of the Comptroller of the Currency (OCC) recently held a Forum On Supporting Financial Innovation in the Federal Banking System to discuss the agency’s approach to FinTech and other innovative products.

Innovation 60

Innovation Fintech Customer Experience Policies 60

PYMNTS

DECEMBER 18, 2018

That’s not to strike an alarmist tone about the coming deployment of 5G, which promises benefits to merchants , marketers , healthcare , FinTech , payments , connected cars , the Internet of Things and other areas. Verizon and Samsung recently said they would launch U.S. networks are safe for users, much like U.S. 5G Security Products.

Security 143

Security Mobile Technology Cyber Security 143

PYMNTS

MARCH 1, 2017

Currencycloud’s latest white paper, Global Payments: How FinTech Partners Are Helping Banks Transform, lays out the complexities that banks face in trying to keep up with the rapid pace of globalization and how partnerships with FinTechs may be an alternative path to success. What’s A Bank To Do?

Payments 100

Payments System Fintech Regulation 100

Insights on Business

FEBRUARY 11, 2019

These regulatory and legal restrictions and public cloud deployment reluctance are especially true for the financial industry and, probably more so, within the financial crimes and compliance space, where highly-sensitive, entity-related information is stored and continuously examined in highly-regulated processes.

Compliance 87

Compliance Security Big Data Analytics 87

Insights on Business

SEPTEMBER 13, 2018

On the horizon, a mighty storm is brewing between global macroeconomic uncertainty, waning effectiveness of the quantitative easing programs, new competition from startups and other industries, more sophisticated, demanding customers and increased government regulations.

Operations 184

Operations Case Study Customer Experience Analytics 184

Insights on Business

JULY 30, 2019

Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management. And by “transformation.” we mean – at minimum – modernizing outdated risk systems and optimizing infrastructure in order to ready the organization for current and future success.

Risk Management 70

Risk Management Analytics Technology Management 70

Insights on Business

SEPTEMBER 8, 2016

Late last year, I read an article in the Financial Times that said there were three possible reasons for the turmoil in the worldwide banking industry: a blip induced by excessive regulation, a return to normal after an exceptional pre-crisis boom, or the slow death of banking. Almost sounds too good to be true, doesn’t it?

Study 70

Study social media Compliance Operations 70

Fintech Labs Insights

JUNE 29, 2016

The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting. Read more about Fenergo’s work on remediation and reporting in the company’s white paper.

Compliance 15

Compliance Taxes Management Regulation 15

PYMNTS

SEPTEMBER 2, 2019

There are a lot of possibilities here, and both Facebook and the Association plan to work with regulators to help address all of their concerns before Libra will be ready to launch. On the other hand, “terrible idea” is just about the nicest descriptor regulators in the U.S. and around the world have had about this project.

Payments 205

Payments Apple New York City Regulation 205

PYMNTS

JULY 11, 2019

Cryptocurrencies are well-trodden ideas in the FinTech world — more than 1,600 cryptocurrencies are currently in circulation — but Libra has the largest financial backing of any to date. I think that regulators and governments might insist on something like that.”. Libra’s Privacy Concerns. “Or,

cryptocurrency 124

cryptocurrency Regulation Security CA 124

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution.

social media 40

social media ATM Mobile Customer Experience 40

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. The Bank Regulator Working for Merchants Award!

Fintech 195

Fintech Community Regional Technology 195

Chris Skinner

MARCH 17, 2017

On Wednesday the American Office of the Comptroller of the Currency (OCC)* followed up on its promise last December to introduce a national bank charter for Fintech bank startups by issuing a white paper on how to apply for a licence, the evaluation process and what will be involved.

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Apple Innovation Fintech United States 307

Chris Skinner

JANUARY 17, 2017

For those who weren’t looking, you might have missed the release of the Framework for FinTechh white paper released by the White House last Friday. The paper represents the policy objectives for … The post The White House, Donald Trump, Wall Street and FinTech appeared first on Chris Skinner's blog.

Fintech 150

Fintech Policies National Technology 150

Gonzobanker

DECEMBER 22, 2015

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’

Community Bank 60

Community Bank Apple Community Technology 60

Insights on Business

DECEMBER 14, 2016

However, in light of macroeconomic challenges, increased regulation, and competition from fintechs (particularly for the highest value retail, product, and payments opportunities) revenue growth has remained sluggish. For a white paper on Radical Transformation in Financial Services, go to: https://www-01.ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254.

social media 70

social media United States Regulation Operations 70

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. New white papers from Cornerstone Advisors.

Arizona 60

Arizona Conference Technology Washington 60

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. New white papers from Cornerstone Advisors.

Arizona 60

Arizona Conference Technology Washington 60

PYMNTS

JUNE 18, 2019

They are being asked to contribute their collective experiences in operating global, regulated payments and financial services networks to shape Libra’s charter and frame its governance structure. Facebook says that it is currently in discussions with regulators, who they claim, are eager to engage in conversations with them about it.

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Payments Regulation blockchain cryptocurrency 246