PYMNTS

NOVEMBER 29, 2020

Then the plan had to be downgraded in April, when regulators' concerns forced a shift to a plan to launch digital versions of several coins plus a "digital composite" of all Libra coins. Libra was first launched in June 2019, but regulators were concerned over the scope of what it wanted to do.

Regulation 210

Regulation cryptocurrency System Report 210

PYMNTS

DECEMBER 18, 2019

The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. There is an emerging international consensus around the scope of new regulation. Members of BEIS have been meeting with lawyers and different academics to determine how the regulator will operate.

Regulation 134

Regulation Google Policies Meeting 134

PYMNTS

JANUARY 17, 2020

The information comes from a draft of a “white paper” obtained by Bloomberg. The European Commission is due to unveil the paper next month, and what Bloomberg reported on will likely not be the final version. The paper is part of a broader effort by the EU to catch up to the U.S.

Regulation 131

Regulation Regional Technology Innovation 131

South State Correspondent

JUNE 28, 2016

It was essentially a 300+ person discussion around the March white paper the OCC produced ( HERE ). We give the OCC props for organizing this first class workshop that brought lawyers, fintech, banks, community activists, consultants and regulators together to exchange ideas. last week about responsible innovation.

Conference 150

Conference Innovation Washington Community 150

Chris Skinner

MAY 1, 2017

This would enable a FinTech to go through ONE regulator to get to market, rather than the 200 or more they would have go through today. In March, the OCC issued the white paper that described in depth the application process to get a national bank charter, and we all thought it would then go ahead without a hitch.

America 211

America Fintech National Regulation 211

CFPB Monitor

DECEMBER 2, 2021

Joined by two CBA representatives who previously served at the CFPB, we discuss the key arguments advanced in the white paper for why rulemaking and informal written guidance are more effective tools than enforcement for the Bureau to use to create new standards and expectations for industry and to carry out its consumer protection mission.

Leadership 78

Leadership Tools Industry Groups 78

Insights on Business

JUNE 18, 2019

In the IBM white paper “ A new era of technology-enabled financial risk management ,” discover in greater detail how to apply emerging technologies to help modernize risk management capabilities. Explore all these topics in the IBM white paper, “ A new era of technology-enabled financial risk management.”

Risk Management 185

Risk Management Technology Management Big Data 185

PYMNTS

MAY 29, 2019

Reports in Reuters on Tuesday (May 28) said UBS expects its regulatory costs to remain high in the years ahead after a decade of more stringent regulations leading to heavier, more costly burdens on banks. “That has tied up enormous resources.” “Why is this so significant? .”

Regulation 108

Regulation Compliance Capital Resources 108

PYMNTS

NOVEMBER 12, 2020

Kanthadai referenced a recent joint white paper published by Eurofinance and J.P. Another factor is the regulatory requirements in many markets that historically necessitate paper documentation for cross-border movements of funds.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

DECEMBER 5, 2018

The funding will be used to hire staff, “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets,” said ErisX Chief Executive Officer Thomas Chippas, according to Reuters. We found a proliferation of press releases, white papers and persuasively written articles.

blockchain 166

blockchain Bitcoin cryptocurrency Analysis 166

PYMNTS

JUNE 16, 2018

Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper. The initiative eventually hopes to join banks and government agencies that collaborate on contract registration and regulation.

blockchain 113

blockchain National New York cryptocurrency 113

PYMNTS

JUNE 24, 2019

The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce players design. There will be perceptual hurdles to clear, and regulators to convince. It’s a reason to work with regulators. “We

Payments 179

Payments cryptocurrency social media Regulation 179

PYMNTS

DECEMBER 13, 2018

AriseBank, a startup that ran afoul of regulators in the U.S. For his part, Rice said in a recent interview with The WSJ that the claims made about AriseBank could change, and the securities regulators have placed a standard on cryptocurrency companies that doesn’t match with the way the software is developed.

Fort Worth 134

Fort Worth cryptocurrency Dallas Security 134

PYMNTS

DECEMBER 22, 2019

Applicants must follow all AMF regulations, monitor and safeguard the assets raised and show they will obey anti-money laundering (AML) and terrorist financing laws. . “The AMF visa does not in any way constitute an assessment as to whether or not it is appropriate to participate in a token offer,” the regulator said.

blockchain 132

blockchain Bitcoin US cryptocurrency 132

PYMNTS

JANUARY 20, 2020

Pichai pointed to the potential for “nefarious uses of facial recognition” and favors a moratorium, pending regulations. The EU’s proposal would establish a 3- to 5-year moratorium on using the technology in public areas until a global regulatory framework is decided, according to a white paper.

San Francisco 130

San Francisco Oakland California Conference 130

PYMNTS

OCTOBER 14, 2018

According to a company white paper , the first product is an encrypted personal data store comprised of user’s personal devices and cloud storage that Microsoft would offer through Azure. and Canadian securities regulators.

Bitcoin 156

Bitcoin North Dakota blockchain Data 156

PYMNTS

SEPTEMBER 4, 2019

Facebook is asking global regulators to write new data sharing guidelines after the company was compelled to revamp its own approach to the issue, according to a report in the Financial Times. CEO Mark Zuckerberg has been asking for more regulation for his company as well as others, especially in the areas of privacy and election integrity.

Guidelines 108

Guidelines Data social media Regulation 108

Abrigo

JUNE 23, 2020

They will also provide you with resources (blogs, case studies, webinars, white papers, etc.) BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. Both of them are there to support you throughout your journey with Abrigo and answer any questions you may have. from time-to-time. Learn More.

Software 195

Software Community Resources Fraud 195

PYMNTS

JUNE 20, 2017

A new white paper from treasury management solution provider Hazeltree emphasizes the crucial role metrics and data play in counterparty risk management and mitigation for buy-side treasurers, for instance. Effective counterparty management hinges upon setting and actively managing a core set of counterparty metrics.

Big Data 119

Big Data Data Risk Management Compliance 119

PYMNTS

MAY 3, 2016

In its latest white paper, titled “Omni-Channel Payments for Merchants: Myth or Reality?,” Regulation is a thorny issue for the industry – for some, a necessary intervention while, for others, often outdated, hard to implement in a timely manner and causing unnecessary friction in the payments value chain.”

Fraud 100

Fraud Retail Survey Compliance 100

CFPB Monitor

MAY 18, 2016

In March 2016, the OCC released a white paper: “Supporting Responsible Innovation in the Federal Banking System: An OCC Perspective.” The white paper discusses the OCC’s eight guiding principles for responsible financial innovation. For more on the white paper, see our legal alert.

Innovation 68

Innovation Washington Risk Management Fintech 68

PYMNTS

MAY 10, 2017

At present, the CFPB is soliciting outside comment from small businesses, consumer groups, community development organizations, bank and non-bank lenders, regulators and other interested parties. That public comment period will end 60 days after the request for information is officially published in the Federal Register, the CFPB said.

Lending 108

Lending Community America Regulation 108

Insights on Business

NOVEMBER 12, 2018

As these regulations are constantly evolving and changing, complicated legacy systems have been developed over time that became hugely expensive to manage, incompatible with one another, and, as massive number of fines continue to be imposed, are being rendered ineffectual. Increasing your ROI with IBM OpenPages with Watson.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

JUNE 18, 2019

They are being asked to contribute their collective experiences in operating global, regulated payments and financial services networks to shape Libra’s charter and frame its governance structure. Facebook says that it is currently in discussions with regulators, who they claim, are eager to engage in conversations with them about it.

Payments 246

Payments Regulation blockchain cryptocurrency 246

PYMNTS

JULY 11, 2019

The main buzz surrounded the cryptocurrency itself, but the Libra white paper also held a pair of sentences that painted Facebook’s intentions in a new light: “An additional goal of the association is to develop and promote an open identity standard. I think that regulators and governments might insist on something like that.”.

cryptocurrency 124

cryptocurrency Regulation Security CA 124

PYMNTS

AUGUST 15, 2018

Russia’s FinTech association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper. The initiative eventually hopes to join banks and government agencies that collaborate on contract registration and regulation.

System 101

System blockchain Cards ATM 101

PYMNTS

JULY 17, 2019

David Marcus, head of Facebook’s new Calibra crypto wallet subsidiary, addressed concerns related to regulation and the cryptocurrency’s potential impact on the U.S. dollar during the committee hearing on Wednesday (July 17). California Rep. Brad Sherman, however, wanted Facebook CEO Mark Zuckerberg to come before Congress.

Kentucky 100

Kentucky New York Regulation cryptocurrency 100

Chris Skinner

MARCH 3, 2017

Just to put this in context, there are some very good white papers out there on the subject. Well that research survey is now live. It will only take you ten minutes, so please join in by clicking this link. I referred to a load of those in my last blog on the subject, but here’s a few more.

America 150

America Payments Fraud System 150

PYMNTS

NOVEMBER 30, 2017

The EU is also gearing up for additional, overlapping regulations that could confuse financial services players regarding how (and when) to become PSD2-compliant. One of those challenges is ongoing discussions over some guidelines within the regulation, Deutsche Bank noted, particularly those pertaining to fraud reporting and security.

Guidelines 109

Guidelines Regulation Data Compliance 109

PYMNTS

AUGUST 11, 2017

Among the many issues facing businesses looking to use blockchain are government regulations and transparency. This week, Microsoft has released a technical white paper and demonstrations for its new that’s seeking to address the problems facing enterprises seeking to implement blockchain technology.

Bitcoin 102

Bitcoin blockchain cryptocurrency Software 102

PYMNTS

DECEMBER 2, 2019

We’ve learned from our conversations with policymakers, regulators, academics, advocates and others that real-world use cases and tools will help drive policy discussions forward,” Facebook said in a blog post. Josh Hawley (R-Mo.)

Tools 100

Tools Data social media Policies 100

PYMNTS

JULY 6, 2017

So we all need to acknowledge that, while governments and regulators alone lack the knowledge, resources and mandate to govern this technology effectively, government participation and even regulation will likely have a greater influence over blockchain technologies to ensure that we preserve both the rights and powers of consumers and citizens.”.

blockchain 109

blockchain Regulation Technology Industry 109

CFPB Monitor

MAY 4, 2016

The CFPB recently joined other federal regulators who have indicated a growing interest in marketplace lending with its announcement that it is accepting consumer complaints about loans obtained through marketplace lenders. According to Politico, the Treasury received over 100 responses.

Lending 60

Lending Study Online Regulation 60

PYMNTS

JULY 28, 2019

According to the regulator’s website , CoinLaunch was consulted on two ICOs, with both determined to be securities. CoinLaunch reportedly created the tokens, white papers and websites, advised on the sale structure and made introductions, which was found to be an act beyond the trade of the security tokens.

Bitcoin 116

Bitcoin United States cryptocurrency Security 116

PYMNTS

MAY 10, 2019

The rule change is the subject of a recent white paper published by GIACT. The rule change not only could bring more work for financial institutions and payment service providers, but also underscores the effort needed to bring more payments into the digital age with faster speed and more security — all part of that general ideal.

Payments 178

Payments Fraud Security Customer Experience 178

PYMNTS

SEPTEMBER 2, 2019

There are a lot of possibilities here, and both Facebook and the Association plan to work with regulators to help address all of their concerns before Libra will be ready to launch. On the other hand, “terrible idea” is just about the nicest descriptor regulators in the U.S. and around the world have had about this project.

Payments 205

Payments Apple New York City Retail 205

PYMNTS

JUNE 24, 2019

Volatility has marked cryptos from the beginning and the white paper outlining Libra itself notes that there could be volatility. That spells regulation and caution. We note that this is a bit of speculation over, well, speculation. One analyst at JPMorgan said that there is the potential to “empower billions globally.”

social media 117

social media cryptocurrency Study Regulation 117