Post Tagged with: "compliance"

Coinbase vs. the IRS: The Privacy Battle Rages On

Coinbase vs. the IRS: The Privacy Battle Rages On

by January 18, 2017 at 11:31 am 1 comment

Digital currency exchange Coinbase obtained a BitLicense from the New York Department of Financial Services, a grant that officially authorizes the exchange to operate (that is, to receive and transmit money and virtual currency) within the Empire State. Announcing the license, Coinbase wrote on the company’s blog: We believe theRead More

We Actually Still Know Nothing About AI (But At Least We’re Trying)

We Actually Still Know Nothing About AI (But At Least We’re Trying)

by January 17, 2017 at 12:37 pm 0 comments

Thus far, the month of January has been an exciting time for AI — new smart technologies have demoed, new papers have been written, and new discussions about how to make sure our new synthetic friends don’t kill us have sprung up. According to Crunchbase’s annual Global Innovation Investment report,Read More

How Do We Ensure Transparent and Trustworthy AI in Fintech?

How Do We Ensure Transparent and Trustworthy AI in Fintech?

by January 3, 2017 at 10:59 am 2 comments

AI systems may be getting smarter with the ever-expanding flow of data, but are they also getting more ethical? When it comes to fintech, artificial intelligence has a seemingly endless range of possibilities to transform present systems, so long as the AI system that is applied is constructed with the correct valuesRead More

D+H, RBC Launch Lending Simulation for Better Performance

D+H, RBC Launch Lending Simulation for Better Performance

by December 12, 2016 at 9:54 am 1 comment

Financial technology solutions provider D+H has launched Barometer today, a software-as-a-service assessment and training solution for lenders, in partnership with the Royal Bank of Canada, which is one of the largest financial institutions in the country. Both companies are based in Toronto. “Barometer is a lending simulation, the first of itsRead More

Comptroller ‘Considering’ Offering Charters Specific to Fintechs

Comptroller ‘Considering’ Offering Charters Specific to Fintechs

by December 2, 2016 at 10:17 am 0 comments

The Office of the Comptroller of the Currency is ‘considering’ implementing a special charter for fintech companies, according to remarks made by Comptroller of the Currency Thomas J. Curry at the University of Georgetown today, December 2. As announced by Curry this morning: Our next step, which I am announcingRead More

KYC May Be the Next Big Thing for Blockchain

KYC May Be the Next Big Thing for Blockchain

by November 29, 2016 at 12:45 pm 2 comments

Blockchain – still very desirable for banks and FIs, but not fully trusted yet – has already made its way to use cases and pilots in the financial services. Possibilities are endless, some say, but where is the next big success for blockchain? It’s KYC or Know Your Customer, accordingRead More

Banks Close In on Real-Life Blockchain Use Cases

Banks Close In on Real-Life Blockchain Use Cases

by November 11, 2016 at 10:39 am 1 comment

Blockchain is at a bit of a critical point, because it’s running up against the one universal enemy all new technologies have to face eventually: reality. In reality, how will banks use the blockchain? “To do the real thing, it takes time, effort and expertise,” says Alex Wolff, head ofRead More

6 Hottest Trends in Banking Page 3

6 Hottest Trends in Banking Page 3

by November 10, 2016 at 12:06 pm 0 comments

3. Regulatory Upheaval: PSD2, Trump, and Beyond If there’s one area looking like a powderkeg for 2017, it’s regulation: anything from European institutions gearing up for the dawn of PSD2, to the potential end of  Dodd-Frank, regulatory change has the potential to turn the current financial landscape into something allRead More

Is the CFPB Ruling Important for the Future of Fintechs?

Is the CFPB Ruling Important for the Future of Fintechs?

by October 17, 2016 at 4:37 pm 1 comment

Recently a federal appeals court decided that the Consumer Finance Protection Bureau—a federal organization designed to safeguard against some of the pitfalls that led to the 2008 crisis—had been operating unconstitutionally, something which is certainly a blow to the agency itself and will no doubt have ramifications for how itRead More

Top 5 Fintech Raises: FTV Capital, Avalara, OurCrowd, Certona, Zero

Top 5 Fintech Raises: FTV Capital, Avalara, OurCrowd, Certona, Zero

by September 26, 2016 at 11:49 am 1 comment

While it seems as though the unicorn birth rate is declining, investors are still finding fintech enterprises to sink their teeth (and by “teeth” I mean wallets) into, like the five companies below. Our top five fintech raises this week include SaaS companies; e-commerce; crowdfunding for, er, startups; and insuranceRead More