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CFPB Rolls Out Innovation Regulator Network

PYMNTS

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with several states, the agency said in a press release. State regulators in every state were invited to join. .

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Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

PYMNTS

If Nuvei’s IPO gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. By marrying SafeCharge's market-leading technology and Nuvei's established distribution channels in the U.S. By marrying SafeCharge's market-leading technology and Nuvei's established distribution channels in the U.S.

Indiana 151
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Risk-Aware Marketing to Personalize Telco Customer Engagement

FICO

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

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SEC Reduces Audit Rules For Smaller Firms

PYMNTS

Joe Schroeder, an accounting professor at Indiana University, said his analysis turned up about 12 businesses that supported the move and were already dealing with accounting problems, according to The Wall Street Journal. Kenneth Bentsen Jr.,

Indiana 159
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Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States

PYMNTS

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. states: Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The exchange is already live in California, Washington and Illinois.

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Banks Fighting SoFi’s Banking Charter

PYMNTS

You don’t have any regulation of the parent company under the Bank Holding Act; that is almost always the reason why companies are setting these [structures] up,” he said. We want these FinTech companies to be subject to the same kind of regulations as banks are,” said Mr Cole of the ICBA.

Utah 108
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CFPB: Are They Coming to Get You?

Jeff For Banks

Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? Another challenge is imposed by the very government that tries to assist LMI households: regulation. Retail banking is heavily regulated.