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SIFMA Fintech Conference 2018

Insights on Business

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote. IBM sessions.

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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. China has become an emerging FinTech market due to its expanding middle class, rapid digitization and electronic payments adoption.

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More on Comptroller Curry’s remarks at LendIt USA conference

CFPB Monitor

In a recent blog post , Alan Kaplinsky and Scott Pearson wrote about the remarks made by CFPB Director Richard Cordray and Comptroller of the Currency Thomas Curry at the LendIt USA conference in New York City earlier this month.

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Marqeta Expanding Overseas, Sets Up Shop In The UK

PYMNTS

financial technology startup backed by Goldman Sachs , is expanding overseas. During an interview at a conference in Las Vegas Jason Gardner, the founder and chief executive of Marqeta, said the U.K. These FinTechs are acquiring more market share in the U.K. Marqeta , a U.S. The expansion into the U.K. percent in the U.S.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

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Mersch: ECB Will Focus On ‘Game Changer’ Retail CBDC

PYMNTS

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A Mersch pointed out that central banks are focused on wholesale CBDCs because retail could rattle the entire global financial system.

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Can Moscow Overcome A Tarnished Tech Reputation?

PYMNTS

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. Moscow is considered to have the largest eCommerce market potential. The country has the largest online market in Europe, with an estimated 66 million Russians accessing the internet.