Gonzobanker

NOVEMBER 22, 2022

Now is the time for bankers to engage lawmakers in how the crypto and digital asset market shapes up. Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand.

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PYMNTS

OCTOBER 25, 2019

The Commodity Futures Trading Commission ( CFTC ), Federal Deposit Insurance Corporation ( FDIC ), Office of the Comptroller of the Currency ( OCC ), and the Securities and Exchange Commission ( SEC ) have announced that they are joining the Global Financial Innovation Network ( GFIN ). Jack Tate told CoinDesk.

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PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved.

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PYMNTS

JANUARY 26, 2021

The partnership aims to create a secondary credit market that is transparent and efficient and makes it easy to manage credit and digitally store documents, loan history and due diligence activities, preventing “information asymmetry risks,” the release stated. “The Diokno, Philippines’ Central Bank (BSP) governor in the release.

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Perficient

JUNE 1, 2023

As the financial services industry continues to evolve, companies are looking for ways to stay ahead of the competition and increase their market share. We also enable clients to use Writer’s snippets to follow strict compliance regulations and efficiently include disclosures in their Sales and Marketing.

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Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. million POS terminals in the market. As of January 2017, there are 58.8

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PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. To learn more about how Spotahome is approaching data security and customer trust, read the Playbook’s feature story.

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PYMNTS

NOVEMBER 9, 2018

percent of retailers have said they innovate to improve customer loyalty. That, in fact, is one of the main findings in the new Retail Innovation Readiness Index from PYMNTS, powered by FinTech firm AEVI. Things have changed, though, he said — one reason why that innovation finding carries such weight. “I Innovation Divide.

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PYMNTS

SEPTEMBER 28, 2018

In an effort to get more clarity on the regulation of digital currencies, U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. representatives wrote to U.S.

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PYMNTS

JUNE 6, 2019

Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. Though regulators and banks in the U.S. Social media platform Facebook is set on further innovating WhatsApp features with a new U.K.-based

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PYMNTS

OCTOBER 29, 2018

As a result of the passage and adoption of open banking regulations, like PSD2 in Europe, banks and other financial firms are sharing data more freely than ever before. While these initiatives are spurring more focused financial services innovations, they also come with challenges. Adapting To Open Banking .

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PYMNTS

SEPTEMBER 25, 2019

Innovation can be a blanket term in the banking world. Is artificial intelligence (AI) for anti-money laundering (AML) compliance innovation? Is real-time global payments expanding to new markets? percent of all FIs consider both their core and IT systems effective for innovation, while 19.7 Areas of Innovation Focus.

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Abrigo

JUNE 12, 2023

In today's interconnected world, efficient and secure money movement is crucial for individuals and businesses alike. Money transmitters like Western Union, PayPal, MoneyGram, Zelle, and many others, facilitate secure digital transactions, allowing people to send and receive funds across borders and within the U.S.

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PYMNTS

OCTOBER 14, 2019

Part of the problem is that money laundering controls are easier for fraudsters to anticipate than security measures for other cybercrimes. dollar as their currency of choice on the black market, which means American banks must alter their anti-fraud and AML strategies — especially as regulatory fragmentation divides the U.S.

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PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. I travel three weeks out of four to meet our stakeholders in the markets they are in — customers, agents, regulators and employees. PYMNTS: What does a day in your life look like? My weekend, however, is at home.

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PYMNTS

FEBRUARY 21, 2019

As the IoT market grows, however, developers and consumers alike are growing more vigilant to protect any potential weaknesses of devices that rely on constant connectivity. That said, IoT device creators and consumers are looking at IoT security with a higher level of scrutiny. Alias Creators on Security, GDPR and Data as the New Oil.

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Perficient

DECEMBER 14, 2020

The COVID-19 pandemic has challenged the economic and labor markets, impacting all businesses regardless of their size. The Public Cloud Market Will Surge. For example, software-as-a-service (SaaS) enables applications to run on the provider’s servers over the internet, and it will likely remain the largest segment of the cloud market.

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Abrigo

APRIL 18, 2022

Innovation is key in the world of decentralized currencies The United States will have to be creative to stay competitive globally as digital assets enter the mainstream. Takeaway 3 As global interest in digital assets continues to rise, expect to see more regulation and even centralization of digital currency. Rapid Growth.

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PYMNTS

DECEMBER 18, 2020

The new regulations, if adopted after a comment period, would require banks and some other institutions to obtain and report the identities of parties engaging in certain digital transactions, including payments involving what are called "unhosted wallets" – effectively secret bank accounts that hold cryptocurrency.

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PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. i2C: Regulators Circle The Wagons On Big Tech.

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PYMNTS

JULY 22, 2019

Providing onboarding services in the Latin American market is both an exciting opportunity and a challenging one. And there is no shortage of interest in the region in that ability, with particular interest coming from the financial services sector, the cryptocurrency markets and in the healthcare vertical. A Diversity Of Needs.

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PYMNTS

FEBRUARY 5, 2018

Last month, Canada’s Competition Bureau released its final study on tech-led innovation in FinTech, offering regulators some thoughts on competition in the payments sphere, along with suggestions on where the competitive landscape could be improved. Canada might be viewed as a different market when it comes to financial services.

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Insights on Business

MAY 23, 2019

Customer data drives innovations like artificial intelligence and blockchain solutions. For most companies, it fuels increases in their share of existing markets, and it’s the key to unlocking new ones. But for companies that don’t master privacy and security, data can be toxic. More than 10 other U.S.

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PYMNTS

JANUARY 31, 2021

Ripple has responded to a lawsuit against it, saying that the Securities and Exchange Commission (SEC)'s opinion that its XRP cryptocurrency is a security is false, a filing says. The SEC contests that Ripple’s digital coin counts as a security and, as such, the SEC is allowed to regulate it. The move also “threatens U.S.

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PYMNTS

FEBRUARY 4, 2020

Open Banking’s European success has kicked off interest in similar regulations worldwide, most notably in China, India and Singapore, where digital banking’s popularity among general consumers is rapidly rising. SCA Questions Stall Innovation. This fractured SCA’s ability to innovate, and challenges persist months after its deadline.

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PYMNTS

SEPTEMBER 17, 2020

But they have grown in popularity in markets that are not stable. There, people need to change a nation's money for cryptocurrency that isn’t regulated by a government or connected with it. Department of Homeland Security is running a contest for the development of a digital wallet, CoinDesk reported.

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PYMNTS

MARCH 26, 2018

and Australia are strengthening an existing collaborative agreement to promote FinTech innovation, according to reports in Mondo Visione. The regulators will also continue to facilitate communication to support one another’s Innovation Hubs, reports noted. For instance, if a company is already participating in the U.K.’s

Innovation 100

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PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

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Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. Mounting pressures on financial institutions to drive out costs, improve customer experience, complete with emerging players, and comply with new regulation mean that adopting advanced technologies will not be optional. In emerging markets many individuals and businesses lack access to credit and savings.

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PYMNTS

JANUARY 31, 2020

Financial institutions (FIs) and merchants in the European Union (EU) have had some time to get used to both the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2). Around The Data Protection And Security World. For more on this and other stories, visit the Tracker’s News & Trends section.

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PYMNTS

APRIL 22, 2020

The surge in gig workers and independent contractors has professionals, service providers and regulators engaged in new debates about what it means to be an employee or a small business. ACH Innovation Breaks The Mold. One of the biggest barriers to payroll innovation in recent decades has been the process’s reliance on ACH.

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PYMNTS

APRIL 25, 2019

The phrase “what you see is what you get” is becoming particularly relevant to the growing homesharing market. This is especially true in areas like the European Union, where the General Data Protection Regulation ( GDPR ) is changing how customers and corporates approach data sharing. Security and the Homesharing Platform.

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Insights on Business

FEBRUARY 23, 2019

Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. They are reorganizing around agile, cross-functional teams that surface the best ideas and implement them in record time—all while promising privacy, security and compliance. Now, they are all in.

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PYMNTS

MARCH 3, 2017

Overview: Join Hannah Preston, Solution Strategist, Payment Security Division, CA Technologies and Karen Webster, CEO, Market Platform Dynamics, on Thursday, March 30th, at 1:00 PM (EST), to learn how authentication is evolving; how it could transform your security and user experience; and how you can tackle the choices and consequences.

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Abrigo

JANUARY 22, 2024

However, with all innovation comes great responsibility, especially when it comes to safeguarding those new products against fraud. It is no secret that the significant increase in fraud is one of the biggest concerns financial institutions face today. This takes discipline and time.

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PYMNTS

DECEMBER 23, 2020

The road to mainstream acceptance of cryptocurrencies will still have its bumps, its potential roadblocks set in place from regulators. At the heart of it all might lie a jousting existential in nature — namely, between the companies that create and issue cryptos and the agencies that regulate them.

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PYMNTS

SEPTEMBER 30, 2020

It would instead offer payment companies a national servicing platform to replace the regime of state regulations such firms would be subject to under existing laws. Commercial companies accessing a payments charter would avoid oversight and regulations that protect the financial system and consumers,” the bank industry leaders wrote.

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