CFPB Monitor

DECEMBER 2, 2020

Mr. Bettenhausen previously served as an Assistant United States Attorney. Before joining the Bureau, Mr. Chilbert served as Assistant Inspector General for Information Technology at the U.S. Pappalardo will serve as the Associate Director for Research, Markets and Regulations. Before joining the Bureau, Ms.

United States 78

United States Washington Regional Resources 78

PYMNTS

MAY 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. According to Reuters , Europe has lagged behind the United States in developing new technologies. billion euros ($1.75

US 108

US United States Samsung Innovation 108

PYMNTS

NOVEMBER 18, 2018

A Chinese company that develops facial recognition technology could be facing a ban in the U.S. The cameras are also used to track Muslims coming in and out of mosques in the western Chinese region of Xinjiang, which has led to the detention of thousands of ethnic Uighurs and other Muslim minorities in internment camps.

US 188

US United States Video Regional 188

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

AUGUST 21, 2019

British challenger bank Monzo is among those moving into new product segments following its recent launch into the United States, announcing a partnership with AXA partners to provide travel insurance to its users. Banks both new and old are looking to launch additional products aimed at keeping customers away from their competition.

Trends 194

Trends Digital Banking Innovation Regional 194

PYMNTS

NOVEMBER 10, 2020

Such a move would see the United Kingdom exit the European Union and abandon the financial regulations that are in place in the region, and some FIs that have served both markets are now withdrawing to serve one or the other. customers to recipients in Asia and Europe. Check out the Tracker® to read more. About The Tracker.

Report 216

Report Fintech United States Meeting 216

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

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130

Data Marketing Taxes Regulation 130

Abrigo

MAY 22, 2019

These include: Lack of a formal OFAC Sanctions Compliance Program (SCP) Although OFAC regulations do not require a formal SCP, OFAC encourages organizations to adopt a formal SCP, particularly if the organization engages in international trade or has clients located outside of the United States. Exporting or re-exporting U.S.-origin

Compliance 150

Compliance Regulation Regional United States 150

PYMNTS

JULY 21, 2017

Fraud varies country to country, region to region. As has been widely noted, the region has paved the way for the adoption of EMV, and its embrace by merchants in the EU, mandated though it has been, has steered hackers and criminals to online methods of siphoning funds from consumers and cheating companies.

Fraud 116

Fraud United States Regional Cards 116

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

MARCH 5, 2018

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. In spring 2018, participating U.S. In spring 2018, participating U.S.

Regulation 108

Regulation Data Regional America 108

PYMNTS

OCTOBER 10, 2019

Fraudsters are relying on technologies like artificial intelligence (AI) and machine learning (ML) to put ever-more-complex schemes to work like bot and automated attacks. Regulators as well as banks are searching for ways to keep launderers and other fraudsters out of online banking. In fact, one recent study found that 71.2

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

JUNE 27, 2019

The United States has over 60 percent of the world’s cryptocurrency ATMs, followed by Canada with 12.4 s South West Regional Cyber Crime Unit (SW RCCU), in a joint operation with the Dutch police (Politie), Europol, Eurojust and the U.K.’s In other news, it was announced that the U.K.’s

ATM 115

ATM Bitcoin San Francisco cryptocurrency 115

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Here In The States. In the United States, sandboxes are grabbing a bit of headline space.

Community Bank 183

Community Bank Community Fintech Arizona 183

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Advisories from the Financial Crimes Enforcement Network (FinCEN) and other federal and state agencies address the increase in the number of reported fraud cases tied to the pandemic. BSA Rules and Regulation.

Fraud 195

Fraud System Trends Software 195

Abrigo

AUGUST 19, 2020

Embrace technology to help your department and institution successfully shift to remote work. As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Tap into technology to help prevent and detect financial crime. BSA Rules and Regulation. Learn more.

Fraud 195

Fraud System Trends Software 195

PYMNTS

AUGUST 15, 2018

Ripple is eyeing the Chinese market, aiming to use blockchain technology to quicken cross-border payments. “China is definitely a country and region of interest,” he said in a phone interview with CNBC. . “China is definitely a country and region of interest,” he said in a phone interview with CNBC.

Marketing 101

Marketing Payments blockchain United States 101

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JULY 16, 2018

Less abstractly, the future of the automotive industry — along with the payment and commerce tasks associated with it — depends significantly on the type of technology that ties together web-enabled cars and trucks with outside networks. What do the connections connect to themselves? A debate about those connections is heating up in Europe.

United States 130

United States Technology Guidelines Data 130

PYMNTS

JUNE 3, 2016

The retail giant said it is a mere six to nine months away from deploying drones for superior management of its warehouse inventories in the United States, Reuters reported. regulators sought permission for checking warehouse inventories, curbside pickup and home deliveries. Its application to U.S.

Arkansas 100

Arkansas Video United States Regional 100

Banking 2020

OCTOBER 22, 2014

The Banking.com staff recently connected with Alex Trombetta, Vice President of Digital Check ‘s international division, to discuss a recent study they released on ultraviolet check security and technology. Can you give a brief overview of the current state of UV validation technology? Will it be someday?

Technology 57

Technology Fraud Security Study 57

Gonzobanker

JANUARY 17, 2020

Year one of the Tech Decade in Banking will bring no shortage of tension between technology investments and earnings targets. Banks are most afraid of big tech, just when these players face regulation. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g.,

Customer Experience 127

Customer Experience Fintech Regional Cards 127

PYMNTS

JANUARY 24, 2018

Those MNOs span Canada, China, India, Spain, France, Switzerland, the United Kingdom and the United States, the company said. We are finding that young people, immigrants – as the world is becoming much smaller, those regional systems are becoming less effective at including as many people as they were intended to,” said Ufford.

Mobile 117

Mobile Data Regional Examples 117

PYMNTS

JANUARY 24, 2018

Those MNOs span Canada, China, India, Spain, France, Switzerland, the United Kingdom and the United States, the company said. We are finding that young people, immigrants – as the world is becoming much smaller, those regional systems are becoming less effective at including as many people as they were intended to,” said Ufford.

Mobile 100

Mobile Data Regional Examples 100

CB Insights

MAY 8, 2018

Drone technology has been used by defense organizations and tech-savvy consumers for quite some time. However, the benefits of this technology extends well beyond just these sectors. And as autonomy and collision-avoidance technologies improve, so too will drones’ ability to perform increasingly complex tasks.

Exercises 78

Exercises Data Technology Industry 78

CB Insights

SEPTEMBER 28, 2017

Drone technology has been used by defense organizations and tech-savvy consumers for quite some time. However, the benefits of this technology extends well beyond just these sectors. And as autonomy and collision-avoidance technologies improve, so too will drones’ ability to perform increasingly complex tasks.

Industry 60

Industry Technology Data Software 60

PYMNTS

MARCH 9, 2020

There is good news, and there is bad news with regards to the path to addressing the unbanked and underbanked in the United States. In a recent interview with PYMNTS, Michael Coghlan, CEO of banking technology provider Verdigris Holdings , explored the challenge of banking the underbanked small business community. ”

Community Bank 188

Community Bank Community Innovation Regional 188

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines. . This can be a hassle. Verify Identity.

Risk Management 69

Risk Management Data Examples United States 69

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines.  This can be a hassle. Verify Identity.

Risk Management 52

Risk Management Data Examples United States 52

CB Insights

DECEMBER 4, 2019

It is a notable pivot from Amazon’s IP strategy, where the playbook has been to build, patent, and keep proprietary technology in-house to fuel Amazon’s marketplace. FIS is also one of the biggest providers of core banking processing and has integrations with Q2 technologies. That scale would make Amazon Go a $4.5B

Cards 101

Cards Lending Strategy US 101

PYMNTS

JANUARY 1, 2021

This tracker brought NCR Corporation together with Avidia Bank and was notable for the stat that showed that one-third of bank customers said they would visit physical branches more often if they could compete with the ease of mobile banking, and banks are deploying or workshopping a number of technologies to make this convenience a reality.

Trends 259

Trends Video Retail Payments 259

PYMNTS

JUNE 26, 2018

And, in regions where digital tools have long been available, new innovations are providing more intelligent financial insights than ever before. . Marius Nacht, co-founder of local IT security solutions firm Check Point Software Technologies , is working with Israeli regulators to open the country’s first digital-only bank.

Trends 127

Trends Digital Banking United States Tools 127

CB Insights

DECEMBER 7, 2017

By the end of 2017, nearly $1.8T worth of mortgages will have been originated in the United States this year, according to government-backed mortgage lender Freddie Mac. The graphic below highlights several of the prominent technology startups now active across the mortgage industry. What is mortgage tech? Mortgage Tech.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

DECEMBER 27, 2018

billion EU fine for violations of the new GDPR regulations. Whether it’ll get one remains to be seen, particularly as it has caught the eye and interest of regulators all over the world. According to Visa , 40 percent of its own transactions done outside the United States are done through tap-and-pay means. In the U.S.,

Retail 123

Retail Online Cards United States 123

PYMNTS

AUGUST 4, 2017

And, while it might be an out-of-the-box choice, we think after the week in specific — and year in general — that QR codes have had, it might be fair to suggest that LL Cool J’s 1995 anthem should be the new theme song for the often under-appreciated technology. As this week demonstrated, that problem seems to be working itself out.

Payments 124

Payments Mobile United States Technology 124