Regulators around the globe are trying to keep up with innovation happening in fintech, though the US is in danger of falling behind. Congress needs to move beyond fixing small pieces of legislation and find a better way to encourage innovation. Source.
As more financial services firms beginning using Google, Amazon and Microsoft for cloud based services regulators are starting to take...
Former President Bill Clinton famously stated, “The internet should be a place where government makes every effort … not to...
While the government shutdown continues, the impact on federal workers is painfully evident; it is also starting to create serious...
Natwest rolls out Esme loans to SME customers ScaleFactor secures $30m funding for back office automation Truss Raises $15M in...
A survey by FT Confidential Research shows the online lending industry in China continues to consolidate from new regulations; the days of significant growth and platform expansion have ended as the government looks to weed out the smaller players; since 2016 the government has capped borrowing limits, shut down secondary markets and forced platforms to file with local regulators. Source.
While most companies are looking for further deregulation they are increasingly looking towards regulators for more clarity on data sharing;...
Fintech services appear to have figured out they must base their business models on float control if they are to...
The latest withdrawal agreement from Theresa May was soundly rejected by Parliament and now uncertainty takes center stage as a...
With finance being one of the most heavily regulated parts of the economy and U.S. regulators haven taken a greater...