Payments Source

NOVEMBER 13, 2018

Policymakers and industry officials should join forces in creating regulations and standards for cryptocurrencies, artificial intelligence and other innovations before they become more widespread.

Financial Technology 61

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PYMNTS

OCTOBER 16, 2019

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. The fact is that the financial system … is the most heavily regulated part of the economy. He said that regulation is an important aspect of the field.

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Fintech cryptocurrency Regulation System 116

PYMNTS

OCTOBER 10, 2019

The regulator made the remarks at the Finopolis forum of innovative financial technologies. “As Russia’s Central Bank , we have been studying this topic and the need to issue a national cryptocurrency is not obvious for us. She has said that she sees the promise of blockchain technology , however.

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PYMNTS

JUNE 20, 2019

Federal Reserve Chairman Jerome Powell revealed that Facebook has spoken to the central bank about its upcoming cryptocurrency, called Libra. Powell added that the Fed meets “with a broad range of financial sector firms all the time on financial technology.”.

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PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

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PYMNTS

OCTOBER 10, 2019

The regulator made the remarks at the Finopolis forum of innovative financial technologies. “As Russia’s Central Bank , we have been studying this topic and the need to issue a national cryptocurrency is not obvious for us. She has said that she sees the promise of blockchain technology , however.

National 100

National cryptocurrency Study Comparison 100

PYMNTS

NOVEMBER 27, 2019

It started a FinTech-targeted Innovation Hub this month, saying that the hub should “foster international collaboration among central banks on innovative financial technology.” . The president of the European Union is less on board, saying coins should be regulated, but that he didn’t want to make them.

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PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

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PYMNTS

JANUARY 8, 2020

Call it, perhaps, a New Year’s Resolution list — for regulators. Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. In documents released Tuesday (Jan. The list offers up a bit of a roadmap, perhaps, into where we might see change on a number of fronts.

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Insights on Business

MARCH 12, 2018

During the interview, he describes how we are in the middle of a cryptocurrency “explosion” that is ripe for regulation. He expects regulation in crypto as a matter of when, not if, and the future success or failure of this new form of this volatile currency may very well hinge on how it’s regulated.

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Groups blockchain cryptocurrency Regulation 79

PYMNTS

FEBRUARY 15, 2019

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

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Capital cryptocurrency Operations Financial Technology 122

CFPB Monitor

SEPTEMBER 24, 2020

Money transmitters, payments firms and cryptocurrency companies licensed in 40 or more states would be covered by the program, to be known as “MSB Networked Supervision”. Currently, there are 78 companies that meet this threshold.

Regulation 60

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PYMNTS

JANUARY 24, 2018

It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. The China Banking Regulatory Commission (CBRC) reportedly published a paper last week that discusses the regulation of various financial technologies, including blockchain.

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PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. So, there is a balance that needs to be struck.”.

Payments 172

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CFPB Monitor

JULY 17, 2019

As readers of our blog know, our consumer financial services group has been at the forefront of legal developments involving new technologies. Our Banking and Financial Services and Retail industry groups add further depth and specialized knowledge.

Fintech 60

Fintech United States cryptocurrency Groups 60

PYMNTS

NOVEMBER 3, 2019

The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange. FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency.

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CB Insights

JULY 1, 2018

The periodic table includes Canada’s only current unicorn company, the social messaging platform Kik Interactive , which launched its own Ethereum-based cryptocurrency in 2017. AR/VR : Augmented/Virtual reality companies include AdHawk Microsystems , which creates eye-tracking technology to solve problems faced by AR/VR manufacturers.

Software 78

Software Capital Mobile Technology 78

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. He added that China could use Blockchain technologies to decentralize its financial regulations and supervision by allowing private companies to test the ground in so-called regulatory sandboxes. Cryptocurrencies. Regulation.

System 28

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Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. The world is changing, prices are collapsing, and people are going on about mobile apps and cryptocurrencies. their websites would facilitate a transaction without running afoul of regulations. Wealthtech is one fire, they say now.

Strategy 52

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CFPB Monitor

AUGUST 1, 2022

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.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023.

Community 216

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Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. The Bank Regulator Working for Merchants Award! Last time we checked the Fed’s role was to protect and ensure the safety and soundness of financial institutions.

Fintech 195

Fintech Community Regional Technology 195

Gonzobanker

DECEMBER 19, 2024

Regulation was as burdensome as ever, but most bankers are lighting candles for some relief on this front with the new administration. Thats a load to deal with in 12 months, but our Troublemaker industry balanced both the fundamental and complex challenges while continuing to make customers financial lives better. The Robin-Who?

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PYMNTS

FEBRUARY 26, 2018

In general, as noted in Financial Times , there’s been a lack of new legislation shifting the ground beneath the financial industry’s feet. A bill to reshape Dodd-Frank that may come to the Senate floor in the next few weeks, eyeing smaller financial institutions, does a number of things. SEC Eyes Crypto Exchange Activities.

Regulation 101

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