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Bump On The Road To National FinTech Charters?

PYMNTS

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

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ITC 2023 in Vegas – Are You Ready, Insurers? (We Are!)

Perficient

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. And our team of industry experts is excited to connect, collaborate, and address the most pressing business needs of national and regional carriers. What Matters Most to Insurers in 2023?

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In Bangladesh Heist, Following the Money Through Cyber Twists: Nation Vs. Nation?

PYMNTS

This has been the case with the ever-evolving story behind the $81 million heist that siphoned funds from Bangladesh via the Federal Reserve Bank in New York last year. But what happens when the prime mover behind the theft is an actual nation? Acting not against individuals, but another nation?

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When QSRs Think Really Outside The Box In The Innovation Race

PYMNTS

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri. Each has a Whopper, French fries and a drink.

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Shake Shack On Tapping AI And Other Tools To Optimize The Customer Experience

PYMNTS

This pressure to innovate is affecting QSRs of all sizes, from independent eateries serving loyal local followings to national or even international behemoths reaching millions of customers each year. New York-based burger chain Shake Shack is no exception. I don’t see that slowing down.” . Post-Pandemic Moves.

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FinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters

PYMNTS

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). While In New York, New York…. They have to provide two-way payments between eWallets and bank accounts.”. In The Middle East.

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