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The United States May License Bitcoin and Cryptocurrency Exchanges

Bank Innovation

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan.

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How Nearshore Software Development Can Still Work in Highly Regulated Industries

Perficient

However, companies within certain industries may be more hesitant to incorporate a nearshore delivery model into their software development projects due to federal regulations around information and data security. For example, the financial services and healthcare industries require that client data must remain within the United States.

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Getting real about real-time payments in the United States

Accenture

The United States is an instant payments laggard compared to the rest of the world. Despite these challenges, there is momentum in real-time payments adoption in the United States. For more insights on real-time payments, listen to a recent webinar, Real-time payments in the United States: A game of inches.

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Lessons Learned From the Fourth United States Bank Failure of 2023

Perficient

Lessons To Be Learned While Heartland Tri-State Bank of Elkhart is, by far, the smallest to fail in the past year, with the next closest in size being Signature Bank in New York (Signature failed on March 12 th , 2023 with $110 billion of assets and $88.6 billion in deposits), the failure still poses lessons for bank executives.

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New EU Ruling on Data Transfer Has Privacy Implications

Perficient

The verge reports on a new ruling from the EU that will change how or even if personal data from Europe can enter the United States. In addition, GDPR mandates security of the data. Of course, any changes in the United States at the Federal level will start the process over again.

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Visa's Click To Pay Rolls Out In Canada

PYMNTS

“With the increasingly high numbers of online shoppers in the wake of COVID-19 , we are committed to providing solutions that lay the groundwork for the next generation of simple, secure and better ways to pay,” Stacey Madge , president and country manager of Visa Canada, said in the announcement. 21 in the United States.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

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