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The incoming Trump administration, and state-level government across the country, should use the election as an opportunity to bring the supervisory treatment of fintech into line with the new reality of financial services.
November 14 -
The Financial Conduct Authority plans to regulate specific technology products that banks use to process payments and require testing. That and more in our global payments roundup.
November 13 -
Credit Union Service Organizations such as Prizeout, have seen increased interest as credit unions get on board with automation.
November 13 -
Small and midsized banks fail to implement key oversight measures on their third-party vendors, something regulators implore they fix, according to research released Tuesday.
November 12 -
The Biden administration's executive order on AI may be canceled and replaced with less restrictive policy, but banks will still need to proceed with caution, experts say.
November 11 -
Tough exams and consent orders on banks that partner with fintechs are expected to remain, even after the election of President Trump.
November 8 -
The buy now/pay later company beat analysts estimates on revenue and net income and is trying to get more frequent usage out of its customers.
November 8 -
By exempting small banks from compliance with its open banking rule, the Consumer Financial Protection Bureau is relegating them to the dustbin of history. That cannot be allowed to happen.
November 8Vast Bank -
Donald Trump's ascension to the presidency creates regulatory uncertainty, but Block's CEO says the company hopes for more clarity for bitcoin and is developing technology to be flexible.
November 7 -
AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.
November 7