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People’s Bank Of China To Regulate FinTech

PYMNTS

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. However, while the technology is fine, the financial services (FinServ) offerings concern the president of Chinese financial investment platform Phoenix Finance.

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Collaboration: The New Competitive Weapon

Gonzobanker

Today, bank executives are struggling to stay current in an industry growing ever-more complex with increased regulation, changing customer expectations and digital disruption. GonzoBanker Bank Chief Risk Officer Roundtable Phoenix Apr 3-5. GonzoBanker Bank CFO Roundtable Phoenix May 15-17. 2016 GONZOBANKER ROUNDTABLES.

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The 2023 GonzoBanker Awards

Gonzobanker

The Bank Regulator Working for Merchants Award! Seems like maybe this has been forgotten when it comes to these regulations. The Lifelong Learning Award – goes to NCUA board member Rodney Hood for enrolling in a Wharton graduate program on fintech to be a more informed and effective regulator.

Fintech 194
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D+H Sells to Vista: Vendors and the Chasm of Mistrust

Gonzobanker

D+H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. New regulations sidetracked us.”. The Phoenix EFE core has a Microsoft-based architecture with legs. International players like iFlex, Infosys, SAP and Temenos promised robust U.S.

Phoenix 60
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D&H Sells to Vista: Vendors and the Chasm of Mistrust

Gonzobanker

D&H (and before, Harland) promised integrated loan and core systems and specialized credit union functionality in the Phoenix EFE core. New regulations sidetracked us.”. The Phoenix EFE core has a Microsoft-based architecture with legs. International players like iFlex, Infosys, SAP and Temenos promised robust U.S.

Phoenix 60
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The 2019 GonzoBanker Awards

Gonzobanker

Consumers was the first big credit union to deploy the Phoenix core system and this year was the first big go-live of the Lumin digital banking system. The Lesson : credit and risk professionals can be a pain sometimes, but they keep banks inside the lanes for long-term value creation.

Idaho 148
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The 2015 GonzoBanker Awards

Gonzobanker

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’