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OCC to hold forum on financial innovation

CFPB Monitor

In particular, he indicated that while FinTech companies should not have an advantage in the marketplace over banks because they are not complying with same rules, the CFPB would seek to enforce the laws without stifling innovation. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.

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But I Really Like My Technology Vendor!

Gonzobanker

Bankers, there’s no need to feel sorry for the technology vendors that serve your market. A comparison of the relative amount of R&D spending at Big 3 versus other well-known technology providers paints a frightening picture for financial institutions that are relying on Big 3 vendors to steer their technology innovation.

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Key Takeaways from the OCC Forum on Supporting Financial Innovation

CFPB Monitor

While the CFPB has not yet held a public event devoted to FinTech or financial innovation, the Office of the Comptroller of the Currency (OCC) recently held a Forum On Supporting Financial Innovation in the Federal Banking System to discuss the agency’s approach to FinTech and other innovative products.

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The 2023 GonzoBanker Awards

Gonzobanker

Note for you damn haters: yes, it’s down from a frothy high of $66,0000, but look at the normalized return over the past 15 years since Satoshi Nakamoto’s white paper.) Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

From my understanding of their offering they let mid to large financial planners/consultants utilize state-of-the-art data tools in real time coupled with NLQ AI for a better customer experience, allowing a financial planner to do a better job for more clients in less time. Blake Wood (SVP & Director, Program Innovation).

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Speaking so much about payments are still so paper-based and they don’t need to be. Blake Wood (SVP & Director, Program Innovation).

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FinovateSpring 2016 Live Blog – Day 1

William Mills

We expect to see innovations in mobile, security, analytics, customer experience, and more. ^SR. He has more than 30 years of experience in financial technology and is a recognized leader in financial and technology marketing. Download: 10 Reasons Why Fintech Startups Fail White Paper.