PYMNTS

NOVEMBER 22, 2018

According to the National Turkey Federation (which really does exist) roughly 85 percent of Americans plan to eat turkey for Thanksgiving. Turkey didn’t become standard fare on the Thanksgiving table until Abraham Lincoln officially declared it a national holiday in the 1860s. The average turkey weighs 16 pounds and costs $22.03.

Innovation 168

Innovation National New York Maine 168

PYMNTS

JULY 22, 2019

Retail trends and innovation can come from unlikely places, and that seems to be the case now when it comes to pets and CBD, two hot areas of commerce that are intersecting. CBD and marijuana supporters hailed the move by Square, with Morgan Fox, a spokeswoman for the National Cannabis Industry Association, welcoming the service.

Retail 124

Retail Innovation Industry Study 124

PYMNTS

SEPTEMBER 13, 2020

Europe's biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. In a joint statement Friday (Sept. The association declined to comment, Reuters reported.

cryptocurrency 363

cryptocurrency Regulation Policies Conference 363

PYMNTS

JANUARY 29, 2020

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. Tanvi Ratna, CEO of Policy 4.0, 28) by The Economic Times.

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

AUGUST 1, 2018

A new report by the Bipartisan Policy Center recommended several reforms that would help the U.S. The report called on Congress to establish a national commission to conduct a comprehensive review of existing financial laws and regulations, and establish a pilot program to test the efficacy of coordinated bank examination teams.

Policies 100

Policies Report Regulation Maine 100

PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. The benefits of financial innovation are only realized when they are delivered responsibly, in a way that does right by customers,” the bankers wrote.

Regulation 349

Regulation National System Industry 349

American Banker

MARCH 15, 2024

The Consumer Financial Protection Bureau is preparing to pick winners and losers in the consumer lending market, stifling innovation and curtailing freedom of choice.

National 48

National Lending Innovation Marketing 48

Perficient

DECEMBER 15, 2020

The Creativity International Design Awards is active in recognizing exceptional design and the designers and innovators who make it happen.

Tools 475

Tools Policies Industry Community 475

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

Bitcoin 177

Bitcoin Policies Groups California 177

PYMNTS

AUGUST 14, 2020

Maybe – but first comes a focus on policy. Separately, a significant policy process would be required to consider the issuance of a CBDC, along with extensive deliberations and engagement with other parts of the federal government and a broad set of other stakeholders,” Brainard said in the speech. Digital dollars on the horizon?

San Francisco 283

San Francisco Boston Policies Massachusetts 283

PYMNTS

FEBRUARY 8, 2018

But China is also pressing for payments innovation, SWIFT noted, as industry players like Alibaba promote digital payments and more China-based financial institutions (FIs) join SWIFT’s global payment innovation (gpi) initiative. Research released by Atradius last October predicted the nation’s economic growth to slow.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

SEPTEMBER 23, 2020

They can take things into account like national parks, skiing, cultural destinations and other such attractions like breweries, beaches and romantic destinations. In addition, Map Search is another innovation in United's attempts to make flying easier, the company said.

Google 271

Google Comparison Policies National 271

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion.

Policies 60

Policies Lending Data Online 60

CFPB Monitor

FEBRUARY 14, 2019

” In September 2018, the Bureau proposed significant revisions to its “Policy to Encourage Trial Disclosure Programs” which sets forth the Bureau’s standards and procedures for exempting individual companies, on a case-by-case basis, from applicable federal disclosure requirements to allow those companies to test trial disclosures.

Policies 68

Policies Groups Fintech Lending 68

PYMNTS

OCTOBER 8, 2020

The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g. one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release.

Report 247

Report Fraud Risk Management America 247

PYMNTS

NOVEMBER 2, 2020

The ministry’s AML and CFT policies incorporate the suggested policies set by the Financial Action Task Force (FATF) and will be monitored by the Caribbean Financial Action Task Force (CFATF). During phase one, VASPs will have to demonstrate their compliance with these standards, according to the release.

Bitcoin 160

Bitcoin Policies Groups cryptocurrency 160

PYMNTS

AUGUST 11, 2020

Fraud prevention solutions need to address the most common types of insurance fraud, like bots that submit illegitimate bulk quotes to open fake policies by using consumer information” that is purchased or stolen, Jay Sarzen, senior analyst, Aite Group, said in the announcement.

Fraud 234

Fraud Industry Idaho Customer Experience 234

PYMNTS

SEPTEMBER 11, 2019

11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release. Innovation and regulatory reform are topics of much discussion in Washington these days. Even if they do, he added, they should be allowed to exist.

social media 116

social media Compliance Innovation Regulation 116

PYMNTS

DECEMBER 29, 2019

The United Nations (UN) needs to embrace blockchain, António Guterres, U.N. For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable Development Goals,” said Guterres in the statement provided exclusively to Forbes.

blockchain 133

blockchain Bitcoin Course National 133

TheGuardian

NOVEMBER 4, 2021

An astonishing 56% of the G20 nations’ Covid-19 recovery funds for energy have gone to fossil fuel companies. Mariana Mazzucato is professor in the economics of innovation and public value at University College London, and the founding director of the UCL Institute for Innovation and Public Purpose (IIPP).

Innovation 78

Innovation Capital Policies National 78

Abrigo

NOVEMBER 2, 2021

On January 1, 2021, the Senate voted into law the National Defense Authorization Act (NDAA). One of AMLA's primary objectives is for financial institutions to spend time doing what is truly necessary for detecting criminal activity and not spin their wheels with policies and procedures on tasks that bring no benefit to law enforcement.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

APRIL 2, 2019

However, it does struggle in two areas: mid-band spectrum and national strategy. rose from third to first in the ranks due to “quick action and visionary leadership” from policy makers, as well as the slashing of regulations and laws preventing the technology from moving forward. By the latter part of 2019, the U.S. and none in China.

US 160

US Policies United States Leadership 160

American Banker

NOVEMBER 3, 2016

is the only industrialized nation without mandated paid parental leave, but innovative leave policies are an opportunity to attract and retain employees in a highly competitive industry.

Policies 28

Policies National Innovation Industry 28

PYMNTS

FEBRUARY 24, 2020

as they upgrade their online data and financial rules to support global digital banking innovations. Its policies mandate that corporations share private data with it, for example, meaning Chinese regulatory innovation requires serious consideration from any entities that wish to work there. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

MARCH 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements , said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. Central banks do not put a brake on innovations just for the sake of it.

Bitcoin 172

Bitcoin cryptocurrency United States Policies 172

PYMNTS

NOVEMBER 24, 2020

The company, founded in 2015, provides insurance online with an efficient online purchase experience for users, a smart home kit with eligible policies and coverage available for things like appliances, electronics and home office, according to the press release. a national property and casualty insurer. billion at that time.

Risk Management 174

Risk Management Capital Online Analytics 174

BankUnderground

NOVEMBER 2, 2022

Innovation in payments and the process for clearing and settling transactions potentially offers benefits but could also raise new questions around resilience and operational risk. But these opportunities can only be realised if new forms of innovation are safe. Future challenges for policymakers.

Operations 93

Operations Policies System Regulation 93

PYMNTS

SEPTEMBER 24, 2019

The creation of money will “strictly remain the province of sovereign nations,” CoinTelegraph reported. The group investigated how Libra would impact monetary policy, as well as the stability of the financial landscape. German Vice-Chancellor and Finance Minister Olaf Scholz also recently said that parallel currency would be rejected.

Regulation 108

Regulation social media cryptocurrency Policies 108

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. Maniati noted the transformation had been in place well before COVID and has stretched back over five years, but has seen some urgency in recent months.

Data 317

Data Regulation National Examples 317

PYMNTS

MAY 16, 2020

A central entity may implement a monetary policy and issue currency. A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. “A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A

System 320

System blockchain Regional Security 320

CFPB Monitor

JULY 14, 2022

On July 8, with limited fanfare, the Department of Treasury issued a request for public comment regarding the March 9, 2022 Executive Order entitled “Ensuring Responsible Innovation in Digital Assets” (the “Order”). leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.”

United States 78

United States Leadership Policies Regulation 78

Abrigo

JULY 16, 2021

Takeaway 1 FinCEN published its first list of priorities for AML/CFT policy, as required by the Anti-Money Laundering Act of 2020 (AMLA). Regulators will expect that each Priority has been incorporated into the institution’s policies and procedures. financial system and national security. financial system. financial system.

Community 195

Community Regulation Training Policies 195

PYMNTS

JUNE 10, 2020

Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C. The consortium is made up of GMDC’s Retail Tomorrow , the International Housewares Association and the National Grocers Association (NGA).

Groups 141

Groups Retail Strategy National 141

CFPB Monitor

JULY 13, 2016

While the CFPB has not yet held a public event devoted to FinTech or financial innovation, the Office of the Comptroller of the Currency (OCC) recently held a Forum On Supporting Financial Innovation in the Federal Banking System to discuss the agency’s approach to FinTech and other innovative products.

Innovation 60

Innovation Fintech Customer Experience Policies 60

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry.

Community 195

Community Lending Maine Resources 195

PYMNTS

FEBRUARY 14, 2020

In perhaps the most sweeping example, the member states of the United Nations have embraced, as part of “sustainable development goals,” a target to “provide legal identity for all, including birth registration,” by 2030. s policy represents “the right goal to set. An ambitious goal, to be sure, and one that the U.N.

How To 205

How To National Data Fraud 205

CFPB Monitor

JANUARY 19, 2022

federal district court in December 2020 seeking to block the OCC from granting a national bank charter to Figure Technologies Inc. The lawsuit represented the CSBS’s third challenge to the OCC’s authority to issue special purpose national bank (SPNB) charters to non-depository fintech companies or to uninsured deposit-taking fintechs.

Technology 78

Technology National FDIC Fintech 78