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Researchers Aim To Answer Big Questions In AltFin

PYMNTS

The University of Chicago and the University of Cambridge are once again partnering to explore the alternative finance industry and offer guidance on its trajectory for the coming year. But it may be difficult, if not impossible, to accurately predict an industry that is shaped by the varying regulations and market conditions across borders.

America 100
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Is the GDPR Encouraging Phishing Scams?

PYMNTS

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. The regulation requires companies to provide more transparency over how consumer data is used. Skillful criminals know how to use crowds — just ask anyone who has been pickpocketed in a subway station.

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Board Composition: What Does the Best Bank Board Look Like?

Jeff For Banks

In April 2017, Delaware Place Bank in Chicago was placed under a Consent Order (CO). I have seen banks with former regulators on the board fail, and banks with farmers on their board thrive. There were no former regulators on the boards of the above banks. I do not think there is one answer for all.

Chicago 60
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The CFPB Sets Its Sights On Marketplace Lending

PYMNTS

The new idea being floated involves classifying marketplace lenders, who operate online and also offer smaller loans with set payments, as installment lenders that are under the CFPB’s jurisdiction and regulations. Many are also bound to reporting requirements with the SEC.

Lending 100
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Data Dive, Trying New Things Edition: Walmart, Amazon And EU Card Fees

PYMNTS

Cashierless tech is currently up and running in seven Amazon Go stores sprinkled throughout Seattle, Chicago and San Francisco. If Amazon is able to roll out larger Amazon Go stores, it would be another direct assault on grocery store operators , which have been reeling ever since Amazon acquired Whole Foods in 2017 for $13.5

Cards 134
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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. During the trial, prosecutors said Guzmán made some $14 billion in drug profits during a career that kicked off in 1990.

Cards 147
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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Acronym of the Year. Has to be M-O-E. THE INDUSTRY TREND AWARDS.

Fintech 140