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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

This piece was written in collaboration with Chandni Patel, Director of Financial Services and member of Perficient’s Digital Assets Working Group. However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. Central Bank Digital Currency (CBDC) ).

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Ant Group Moves Ahead With $35B IPO After China's OK

PYMNTS

Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. Ant, the FinTech backed by China's Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai in the next few weeks, according to sources quoted by Reuters.

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Today’s Cyber Risk Management

Cisco

It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies. Ransomware groups will continue to professionalize. This is the number one cyber security challenge for financial institutions, according to the Deloitte Center for Financial Services and the FS-ISAC.

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CIT Group Unveils New Version Of B2B POS Lending Platform

PYMNTS

CIT Group Inc. Technology and equipment vendors can be live in a matter of minutes, offering real-time POS lending with little or no integration needed. “As Companies can shop for products, receive credit approval, choose terms and get documents to secure their purchases through an electronic experience.

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Kristen Larson joins Ballard Spahr’s Consumer Financial Services Group

CFPB Monitor

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office.

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Can AI assist in vendor management challenges?

Independent Banker

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. And yet, some industry experts have observed that AI is not yet being used to its full advantage in vendor management—one of the thornier problems that community banks are wrestling with today.

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Ingenico Group Teams With Oro For Customized B2B Checkouts

PYMNTS

To provide business-to-business (B2B) merchants with customized checkout experiences, Ingenico Group has connected its technology with Oro Inc.’s Firms can provide personalized payment experiences without compromising security via the integration, according to a Thursday (June 11) announcement.

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