PYMNTS

MARCH 30, 2020

The American workforce shifted to telecommuting almost overnight, and regulators have found ways to shorten decision making that once took months and years into hours and days. Flywire’s Talaga noted the crisis in action has also caused some rapid resetting of payments operations on the backend.

Innovation 147

Innovation System United States Tools 147

Bank Innovation

JANUARY 24, 2018

JPMorgan Chase will open 400 new branches in the United States, raise the hourly wage for a portion of its workforce, and add new jobs to its banks as part of a $20 billion investment program, the bank said yesterday. The new branches will join the 5,130 Chase is already operating in the U.S., raising […].

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PYMNTS

JANUARY 15, 2021

Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America. Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services.

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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.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

SEPTEMBER 6, 2019

Why Invisible Will Make 2020’s Payments Innovation Roar. Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Regulators Taking Close Look At Payroll-Advance Apps. Trackers and Reports.

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Innovation Payments Apple United States 116

PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. Experts on dispensaries say such labeling is the only way to get around federal banking regulations. and Canada. Big Retail. Size also matters in this young industry.

Retail 121

Retail Innovation Colorado Payments 121

PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”. Lacewell. “As

Bitcoin 165

Bitcoin New York United States Leadership 165

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

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PYMNTS

AUGUST 3, 2018

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability.

Fintech 115

Fintech United States Regulation Innovation 115

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. Regulation Vs. Market Forces. The Pandemic Is Speeding Innovation Up.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

SEPTEMBER 25, 2018

The report noted that there is no internationally agreed-upon definition of what that activity might be, but for the confines of the report, it includes “all credit activity facilitated by electronic [online] platforms that are not operated by commercial banks.” The fact remains that credit availability has widened, the report stated.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

APRIL 30, 2020

The COVID-19 pandemic has caused an impact on open banking developments worldwide as regulators, financial institutions (FIs) and businesses set their sights on helping their current customers rather than future innovations. where regulators have been workshopping potential rules for several years. Seventy percent of U.S.

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Regulation Regional Data United States 188

PYMNTS

OCTOBER 9, 2020

Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. may be entering an era of more robust regulation. Coscelli said the U.K.’s

Regulation 183

Regulation United States Marketing Conference 183

PYMNTS

DECEMBER 8, 2020

A recent survey of the 20 largest United States financial institutions (FIs) found that 20 percent still force customers to complete onboarding by visiting bank branches or speaking on the phone, with full online sign-up not allowed. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

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Video Report Meeting United States 211

PYMNTS

NOVEMBER 18, 2019

As the movie industry goes through more changes with technological innovation, with new streaming businesses and new business models, it is our hope that the termination of the Paramount decrees clears the way for consumer-friendly innovation,” said Delrahim. In a speech on Monday (Nov.

United States 100

United States Innovation Regional Apple 100

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. Thriving in the New Normal.

Technology 182

Technology United States Innovation Video 182

Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. financial s ystem.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

JUNE 28, 2019

Wing wants to expand its delivery service in the United States and other countries as well. The company wants to hire people to help it grow into new regions, help with the regulation of air delivery and find new business partners. . The company also posted listings for a chief pilot, engineers and operations managers. .

Virginia 125

Virginia United States Regulation Google 125

PYMNTS

MARCH 4, 2019

Circle , the payments startup backed by Goldman Sachs, announced on Monday (March 4) it closed on its acquisition of SeedInvest , an equity crowdfunding platform that operates a registered broker-dealer. “As a crowdfunding pioneer in the United States, SeedInvest helped to shape the JOBS Act.

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United States Capital blockchain cryptocurrency 128

PYMNTS

MARCH 12, 2020

Many United States consumers are still reliant on paper checks when it comes to receiving their tax refunds, which represents the largest sum of money many of them will receive at one point during the fiscal year. Innovation may not be progressing at the rate consumers may like, however.

Taxes 130

Taxes Millennials United States Innovation 130

PYMNTS

APRIL 2, 2018

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. As of the end of the week, at least one firm, Mattervest, said it had shuttered operations.

United States 110

United States social media Arizona cryptocurrency 110

PYMNTS

APRIL 14, 2017

The big question: Can the existing payment rails support the innovation that is needed? Said NACHA’s Estep, “the answer depends on what type of innovation you are talking about, and then what type of a payments system you are talking about.” Against that backdrop, “innovation means many different things to different players.”.

Payments 105

Payments United States Innovation System 105

PYMNTS

FEBRUARY 21, 2018

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Financial regulators may want to begin looking at not only regulating blockchain, but how blockchain can help in their own regulatory efforts — in this case, to ensure proper safeguards and controls in the banking sector.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. Keeping a bank in top shape means fostering innovation. An employee doesn’t need to be able to ride a Segway to address innovation. Fintech Houses. Alternative Lenders.

Innovation 60

Innovation Fintech social media Knowledge Base 60

PYMNTS

SEPTEMBER 29, 2017

Through the EU’s passporting system, the new license enables PingPong to operate throughout the continent, thus better facilitating eCommerce transactions between China and Europe through PingPong’s cross-border eCommerce payments services. PingPong is yet another innovative FinTech player that chose Luxembourg as its EU hub.

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Security Payments Fintech United States 129

PYMNTS

OCTOBER 22, 2018

In a job posting, the company noted that it wanted to make delivery drones work by 2019 at the earliest, and have the drones operational in some markets when 2021 rolls around. For starters, rules for operating vehicles out of the vision of ground operators need to be devised by the Federal Aviation Administration (FAA).

North Carolina 182

North Carolina Operations United States Conference 182

PYMNTS

JUNE 11, 2018

According to a report Monday (June 11) in Digiday , the sales will come from Heineken USA’s new eCommerce site, draftforhome.com, and will initially be limited to consumers in New York City before rolling out to the rest of the United States. Online alcohol sales in the United States reached $1.7

Online 115

Online United States New York City Georgia 115

PYMNTS

SEPTEMBER 27, 2017

Trade finance revenue is slipping at the world’s largest banks, especially as companies struggle in a global trade environment operating with a $1.5 The FinTech space is hoping to address these challenges head-on, targeting the paper and manual-based processes of trade finance transactions though innovations like blockchain.

Fintech 128

Fintech Survey Lending United States 128

PYMNTS

JUNE 26, 2020

The United States federal government sought to disburse more than $1 trillion in stimulus funding in the early days of the COVID-19 lockdown to help businesses stay afloat and pay citizens for urgent expenses. Large and small firms’ operations have been thoroughly disrupted by the past months’ events.

Tools 130

Tools Cards United States Innovation 130

PYMNTS

OCTOBER 15, 2020

As reported by the Financial Times , regulators in the European Union are crafting a “hit list” of roughly 20 companies – Big Tech marquee names among them – that will face tougher rules over market competition and other operational activities. Amazon, for its part, has 2.3 The Platforms . The Recommendations . well, off-limits.

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Report US Google Apple 100

PYMNTS

FEBRUARY 14, 2019

And these digital services are only expanding in the United States as well as other places around the world. Convenience store operator 7-Eleven, for instance, said in November that some Canadian stores would take WeChat Pay and Alipay. And retailers are working to integrate innovative payment options into their offerings.

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Retail Online Payments United States 129

PYMNTS

JUNE 24, 2016

The information and payments functions, together, he added, also must operate in “highly regulated areas.” Waz noted that electronic personal health information in the United States — AKA HIPAA — is among the most well-known of those regulations.

United States 101

United States Security Regulation Retail 101

PYMNTS

JUNE 4, 2018

Digital is turning us into freelance workers whose worries about healthcare costs could finally help drive down those prices, and whose online purchasing seems increasingly likely to be influenced by Alibaba and other China-based operations. Oh, and artificial intelligence promises to be more important to human history than fire.

Google 110

Google United States Trends Data 110

PYMNTS

NOVEMBER 6, 2017

Some experts, regulators in particular, point to biometrics as a static identifier, which means they are immutable to the individual – yet, in combination with the aforementioned data points, spoofable. Regulations seem like they may be done in isolation, but ripple effects abound. Regulation as Saving Grace? Think again.

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Security Data Fraud Regulation 109

PYMNTS

MAY 4, 2017

The city had a population of 270,934 in 2015, making it the 73rd largest city in the United States and the fourth largest in Florida. Neil Dufva, CEO of Crunchy Logistics , a tech design company that specializes in innovative customer connections, told PYMNTS that Orlando is on its way to tech superstar status.

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Florida United States Taxes Community 110

Lex Sokolin

FEBRUARY 2, 2022

Brain activity is always *ON* in the same way that your computer is always running background software for its operating system. But equally, if not more, meaningful are the millions of predictions that your brain is constantly making about the likely state of the world, followed by the correction of those predictions once reality hits.

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National Google Regulation US 52

CB Insights

MARCH 8, 2018

Where’s the innovation & money in renewables? With grids now gathering energy from different sources, including wind, solar, and electricity, operating these systems has become more complex. Siemens has released a software package to operate grids autonomously known as active network management (ANM). AES Corporation.

Industry 67

Industry United States Google California 67