TOP STORY | Issue 51 10 Transformative Fintech Predictions: The Future of Finance via fintechmagazine.com In the last decade, fintech has grown at an astronomical rate. Not only is it changing payments and investing, but also how businesses work. It’s no surprise, then, that there are many predictions about what the future of the financial…
read article →Upcoming live compliance seminar and webinar training programs for financial institutions.
read article →TOP STORY | Issue 50 FCA boosts Open Banking by removing 3-month re-authentication requirement via pymnts.com In most industries, it’s been a long time since inspectors could just come into a plant with a clipboard and checklist and effectively regulate. But as technology advances in leaps and bounds, there are too many fields where regulation…
read article →Upcoming live compliance seminar and webinar training programs for financial institutions.
read article →TOP STORY | Issue 49 FCA boosts Open Banking by removing 3-month re-authentication requirement via finextra.com Fintech firms will no longer need to re-authenticate customers every ninety days for continued access to bank account data, but they will need to prove customer consent, under modifications to Open Banking rules spelled out by the Financial Conduct…
read article →TOP STORY | Issue 48 US regulators order banks to report cyber-attacks within 36 hours via fintechnews.org The Office of the Comptroller of the Currency (OCC), Board, and the FDIC have jointly announced that banks will be required to notify their primary federal regulator of any significant cyber-security incident as soon as possible, and no…
read article →Upcoming live compliance seminar and webinar training programs for financial institutions.
read article →TOP STORY | Issue 47 Security: how blockchain technology impact the financial services via fintechnews.org Blockchain introduced radical, innovative trends that imposed a formidable impact on almost all industries, including finance, supply chain management, and healthcare. Now, almost every modern enterprise is looking for opportunities with blockchain technology. For financial service companies, this technology could…
read article →TOP STORY | Issue 46 Ripple To Launch Liquidity Hub With Bitcoin, Ethereum, Plans DeFi Offering via benzinga.com San Francisco-based fintech startup Ripple Tuesday announced the launch of a new service, Ripple Liquidity Hub. It will allow its clients to buy and sell Bitcoin, Ethereum, XRP, Litecoin, and Bitcoin Cash. Ripple also aims to offer…
read article →TOP STORY | Issue 45 Venture Capital Drawn to AI and Data FinTechs as Next Connected Economy Unicorns via pymnts.com The connected economy is materializing so quickly that existing digital infrastructure is starting to fall behind — especially regarding how data is used to solve business problems. In a recent conversation with Karen Webster, David…
read article →On August 20, 2021 the Consumer Financial Protection Bureau (CFPB) issued new technical specifications for complying with credit card agreement and data submission requirements under TILA and the CARD Act (Regulation Z). Credit card issuers will use the CFPB’s “Collect” website to submit the following data to the CFPB, starting with listed submission dates and…
read article →TOP STORY | Issue 44 Consumers agree: Community Banks are the heart of the financial system via finledger.com The community banking industry has undergone a fast paced metamorphosis in recent years with new challenges created and even newer solutions in the movement of money digitally. Competition from neobanks, shifting consumer behavior and wariness brought about…
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