Bank Innovation
APRIL 16, 2020
EST, Bank Innovation will host a Zoom meeting for subscribers titled “Regulators’ and Financial Institutions’ Pandemic Responses: What Do We Know, What Can We Know, and When Can We Know It?” On Tuesday at 12 p.m.
Bank Innovation
JANUARY 6, 2020
Singapore has received “strong interest” in its effort to open up the banking industry to fresh competition after 21 groups made bids for digital licenses, the financial regulator said.
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Bank Innovation
OCTOBER 28, 2019
It’s taking its position to regulators around the world in an effort to change how the industry operates. based money transfer startup TransferWise is going beyond cheeky ads to spread its message of foreign exchange fee transparency. The eight-year-old company, which is reportedly valued at $3.8
Bank Innovation
NOVEMBER 18, 2019
Germany has a message for big tech companies: Get ready to be regulated if you want to offer banking services. It’s really, really important” to ensure a level playing field between banks and new competitors, Deputy Finance Minister Joerg Kukies said at a conference in Frankfurt on Monday. That means the big tech firms also […].
Bank Innovation
FEBRUARY 11, 2020
This week, digital banking startup Varo received approval from the Federal Deposit Insurance Corporation, a significant milestone in the company’s three-year quest to become a bank.
Bank Innovation
DECEMBER 24, 2019
Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.
Bank Innovation
FEBRUARY 26, 2020
The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate at an industry forum organized by the Consumer Financial Protection Bureau in Washington, D.C., on Wednesday.
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