PYMNTS

DECEMBER 12, 2018

The city of Bakersfield, Illinois, for example, recently disclosed that cybercriminals had compromised the third-party website Click2Gov, used to process residents’ utility and municipal payments. Companies like Dunkin’ are not the only victims of a data breach, of course. Giving Gig Workers Faster, Safer Payments.

Report 165

Report Payments Data Illinois 165

PYMNTS

NOVEMBER 23, 2020

As for easing the path toward financial innovation, there’d always been some consideration of seeking a national banking charter, noted Cagney, especially as the company began building blockchain and blockchain applications over the past few years. Figure, said Cagney, can offer some of its products in New Yok — but not in, say, Illinois.

National 215

National blockchain Montana Lending 215

Payments Source

MAY 3, 2018

Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.

Fintech 70

Fintech Regulation Financial Technology Innovation 70

PYMNTS

AUGUST 12, 2020

It’s one of several COVID-era innovations from the fantasy sports brand. We’ve been very mindful of that fact,” he said, “and making sure that our products are as innovative as possible, and that we’re finding new ways to continue to engage fans.”. The company recently expanded into Illinois via a casino partnership.

User Experience 225

User Experience New Hampshire San Francisco Oakland 225

PYMNTS

APRIL 30, 2019

States are moving to tighten their biometric privacy laws, following the lead of Illinois, which has what are considered to be the strictest protections in the U.S. Local officials have started to at least consider bans on official use of facial recognition. The method?

Fraud 161

Fraud Illinois Regulation Online 161

CFPB Monitor

SEPTEMBER 30, 2021

The FTC should be particularly attentive to next-generation technologies, innovations, and nascent industries so that the FTC can quickly target unfair practices. Before joining the FTC, Mr. Levine worked for the Illinois Attorney General. . Policy priorities.

Illinois 78

Illinois Policies Tools Regional 78

PYMNTS

NOVEMBER 13, 2018

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” The alliance includes a dozen firms that have between $251 million to $20 billion in assets.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

JANUARY 16, 2021

Among its features are an N-95 medical-grade respirator, and a detachable and rechargeable disc-type ventilator that can supposedly regulate airflow, while also filtering "at least 95 percent of airborne particles." The prototype displays come with a wireless charging case lined with a UV lighting rig to sanitize the mask while it charges.

Las Vegas 204

Las Vegas Illinois Maine Technology 204

Celent Banking

APRIL 26, 2016

The TMC channel was a loyal companion during graduate school days at the University of Illinois, offering a comforting black and white backdrop to frequent all-day programming sessions, and today I frequently call on TMC to get me through my daily hour-long treadmill sessions. I'm a big fan of the old movie classics.

Chicago 100

Chicago Training Illinois System 100

PYMNTS

NOVEMBER 29, 2016

That is because after almost two years of speculation on the subject, as of early January it was clear that Consumer Financial Protection Bureau (CFPB) was finally going to release proposed new regulations for the entire short-term lending industry. Spoiler: The situation is more complicated than you’ve heard. The scale isn’t there.”.

Lending 100

Lending Regulation Groups Innovation 100

PYMNTS

AUGUST 24, 2018

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. It also lets them scan a paper ticket purchased in-store to track it, and get notifications if they win.”.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

APRIL 26, 2016

Which brings us to payday lending and its proposed regulation – a subject that has turned out to be the Berserk Button for a shocking number of consumer right advocates, congressmen, regulators, Senators, preachers, industry representatives business people and consumers. So why all the fuss? The scale isn’t there.”.

Lending 100

Lending Regulation Industry Innovation 100

MyBankTracker

MARCH 3, 2021

Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. To compare Lemonade’s coverage to a more traditional insurer, here are rates for a 2,400 square foot home, with brick masonry, in Illinois (about 40 years old.): –table. What is Lemonade? and select locations in Europe.

Policies 52

Policies CA Apple Wyoming 52

Independent Banker

NOVEMBER 30, 2022

In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. size businesses and individuals throughout Illinois, Wisconsin, Indiana and Florida. What great resignation? LESS THAN $250 MILLION. By Roshan McArthur.

Community Bank 169

Community Bank Community Montana Leadership 169

CB Insights

JANUARY 4, 2018

Recruiters spend 60% of their time reading CVs… Why should a person read 300 resumes if a machine can propose the top 10?” – Juergen Mueller, SAP’s chief innovation officer, Wall Street Journal. It was scooped up in Q4’17 by Illinois-based trading software developer Trading Technologies. COMPLIANCE OFFICERS. Conclusion.

Software 75

Software Compliance Training Google 75

Fintech Labs Insights

AUGUST 14, 2015

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 HQ: Highland Park, Illinois. Source: NW Innovation. Total raised: $90 million.

New York City 12

New York City Company Fintech New York 12

PYMNTS

FEBRUARY 26, 2019

history, but a part of global economic development stretching back centuries: First comes innovation, then comes growth based on that innovation (not just economic, but cultural and other forms of growth), then comes the regulatory backlash. It’s a process that stands not only as a familiar feature of U.S.

North Carolina 116

North Carolina Google New Jersey Connecticut 116

CB Insights

MAY 23, 2019

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Zenefits skirts compliance regulations. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers.

Fraud 78

Fraud Las Vegas Company Capital 78

CFPB Monitor

JUNE 15, 2022

The letter explains that although states have tools for going after these lending arrangements, such tools are more costly to employ and less likely to be effective than typical enforcement authorities provided to state financial regulators. Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

FDIC 78

FDIC California West Virginia North Carolina 78

CB Insights

AUGUST 25, 2017

Here are the latest innovative ways companies are harnessing the power of global blockchain. Another startup, Loyyal , is innovating to make loyalty incentives more easily exchangeable across different sectors (think multi-branded “Airline/Retailer/Consumer” rewards) by using blockchain to support and verify their value.

blockchain 78

blockchain Industry Bitcoin Security 78

CFPB Monitor

DECEMBER 12, 2016

The announcement by the Office of Comptroller of Currency that it will allow financial technology (fintech) companies to apply for national bank charters as way of fostering “responsible innovation” has already drawn fire from the New York Department of Financial Services (DFS) and the Conference of State Bank Supervisors (CSBS). .

Innovation 60

Innovation New York Illinois Regulation 60

PYMNTS

OCTOBER 6, 2017

Reactions to the regulations have run the gamut, as one might have expected after what was an extremely contentious five-year effort to bring federal regulation to an industry that had previously only been state-regulated. By the CFPB’s own estimates, the regulations as written will cut the number of short-term loans in the U.S.

Lending 128

Lending Regulation Community Bank Industry 128

PYMNTS

FEBRUARY 21, 2017

The CFPB was a few weeks away from releasing new draft regulations, and the money was on regs that would by and large neuter the industry. This year, at Innovation Project 2017 , we’ve assembled an all-star team to handicap the future of a multi-billion industry that provides alt-lending services to roughly 6 percent of American adults.

Lending 101

Lending Regulation Innovation Industry 101

PYMNTS

OCTOBER 6, 2017

Reactions to the regulations have run the gamut, as one might have expected after what was an extremely contentious five-year effort to bring federal regulation to an industry that had previously only been state regulated. By the CFPB’s own estimates, the regulations as written will cut the number of short-term loans in the U.S.

Lending 100

Lending Regulation Community Bank Industry 100

PYMNTS

SEPTEMBER 11, 2018

Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. The state allows both online and offline sports betting, with regulation oversight provided by the West Virginia Lottery Commission.

West Virginia 100

West Virginia Kentucky Rhode Island Mississippi 100