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FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. In the introduction to the RFI, the FHFA noted President Biden’s March 2022 executive order.

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Coinmotion partners Fenergo to streamline AML compliance procedures

The Paypers

Ireland-based SaaS financial technology solutions provider Fenergo has partnered with Finland-based cryptocurrency service provider Coinmotion.

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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. with an app and debit card, expanded into cryptocurrency trading with Paxos Trust Co., Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools.

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Cryptos, Blockchain Listed Among SEC Priorities In 2020

PYMNTS

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. “The In documents released Tuesday (Jan.

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SMB Challenger Banks A Hot Spot With VCs

PYMNTS

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. Open Financial Technologies. India’s Open Financial Technologies raised $4.6 Chainalysis.

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Circle Rolls Out USD Digital Coin

PYMNTS

Leveraging $20M in funding raised last year, CENTRE is launching its broader membership framework, which includes other established financial technology firms as additional issuers,” the executives noted. “While Circle may be the first USDC issuer, we will certainly not be the last. .

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. percent rate.

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