The differences in approach to FinTech regulation in the United States, the United Kingdom, and the European Union The tension between innovation and regulation and the need for clear guidelines tightened last week in the United States. Two officials from agencies that regulate U.S. financial institutions moved their financial-technology regulatory agendas forward in an … [Read more...] about Regulation Innovation
New Ca$h
FINTECH ARTICLES OF THE WEEK 11/13/2016 In a surprise move, the Indian government retired the country’s current high-dollar bank notes and replaced them with new issues. ATMs ran dry as people lined up at banks to exchange their banned old notes for the brand-new ones. The government took the action to fight corruption and collect taxes on the business that takes place off … [Read more...] about New Ca$h
BLOCKCHAIN WATCH 11/13/16
THE BLOCKCHAIN WATCH Federal prosecutor Kathryn Haun on how criminals use bitcoin — and how she catches them Haun acknowledges that bitcoin and blockchain aren’t meant for illegal activities any more than cash is, but using other means to cover their tracks, bitcoin and other cryptocurrencies can be used for fraud, drug smuggling or other crimes. Forbes has the full … [Read more...] about BLOCKCHAIN WATCH 11/13/16
Data Power
MONEY20/20 WRAP UP Editor’s Note: This issue features reporting from last week’s Money20/20 FinTech conference and exhibition. The week’s FinTech Articles of the Week and the Blockchain Watch are published at www.fintechrising.net. Data and its use and control, more than any technology innovation, took a primary position at this year’s Money20/20 conference and exhibition. … [Read more...] about Data Power
THE BLOCKCHAIN WATCH 10/30/16
DCG Bitcoin and blockchain tech summit - opening remarks The Digital Currency Group hosted its second annual Bitcoin and Blockchain Tech Summit Oct. 20, during which founders, investors, and corporate strategists met for three days to discuss the progress of bitcoin and the blockchain over the previous year. In case you missed it, here’s a slideshow of the event opening … [Read more...] about THE BLOCKCHAIN WATCH 10/30/16
FinTech Articles of the Week 10/30/16
FINTECH ARTICLES OF THE WEEK 10/31/16 This startup wants to mix the best things about credit and debit into a single card — and it has a 50,000-person waitlist Zero CEO Bryce Galen wants to offer card users the spending control of a debit card and the perks of a credit card, according to Business Insider. Zero is technically a credit card with some small fees attached to … [Read more...] about FinTech Articles of the Week 10/30/16