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App Store Approach Helps Banks Manage Partners, Speed Digital Transformation

PYMNTS

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Launching Into New Markets. Cohen asked. It’s unthinkable.”.

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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing. Meanwhile, another partnership could change the way users engage with a CU’s network of ATMs.

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SIA, INFORM Team Up To Advance Digital Payments Authentication

PYMNTS

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. I am certain this partnership will continue to flourish and look forward to many more joint projects,” Prayikulam added.

Payments 165
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Bitcoin Daily: Lukka Launches TurboTax For Crypto, Crypto Exchange Bottle Pay Shuts Down

PYMNTS

The IRS hasn’t changed the guidelines since 2014, when the crypto market was younger and there weren’t as many people holding digital assets. Investors can digitally submit records of transactions from crypto exchanges directly onto Lukka’s website, and the software will analyze the data and figure out the taxes. .

Bitcoin 130
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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. Biber most recently served as general counsel at Anchorage, a cryptocurrency platform, and has a track record of helping to launch innovative products and services, in cooperation with regulators, Brex said.

FDIC 166
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SIA, INFORM Team Up To Advance Digital Payments Authentication

PYMNTS

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. I am certain this partnership will continue to flourish and look forward to many more joint projects,” Prayikulam added.

Payments 130
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CFPB seeking to hire technologists

CFPB Monitor

The CFPB is seeking experts in data science, software engineering, product design, product management, and user experience (UX). Software Engineering: Design, create, and test systems to dig into investigations. Smart regulation requires that regulators understand the markets, products, and practices they regulate.

UX 78