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NACHA Report: Inaugural Meeting Of API Standardization Industry Group

PYMNTS

National Automated Clearing House Association ( NACHA ) — the Electronic Payments Association — and the Payments Innovation Alliance recently released a summary report from the API Standardization Industry Group’s inaugural meeting, which took place in May.

Meeting 187
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Bitcoin Daily: NJ Assembles Blockchain Initiative Task Force; IBM Eyes Blockchain Browser

PYMNTS

The task force is comprised of 14 appointed members and has 180 days to file a study to the governor’s office and the state’s committee on science, tech and innovation. FATF would manage the project, while the 15 nations, including the G7 members, Australia and Singapore, would develop the system, according to Nikkei Asian Review.

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Heather Sugg, Mary York, David Jones Promoted to William Mills Agency’s Management Team

William Mills

William Mills Agency , the largest independent public relations and marketing firm specializing in the financial industry, announced that Heather Sugg, Mary York and David Jones have been named as Group Directors and have joined the agency’s management team.

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The Russian Connection (To Alt Lending Globally)

PYMNTS

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars.

Lending 105
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Can The Santa Experience Save Brick-And-Mortar Retail This Holiday Season?

PYMNTS

At any rate, given that both these holiday traditions are mocked more often than praised, one can start to wonder how it is possible that both have been around since the 1700s and have thus managed to make appearances at roughly 300 Christmases apiece. Not bad work for a dessert no one likes and a song no one knows all the words to.

Retail 136
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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

Examples 195