Fintech regulations

'What will the next idiocy be?': Comments of the year

12/28/18

Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep. Maxine Water's upcoming leadership of the Financial Services Committee, the influence of tech companies like Facebook and Amazon on financial services and much more.

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Advice for crypto firms on joining financial mainstream

12/26/18

More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators.

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Blockchain startup inches closer to legally tradable tokens

12/21/18

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators.

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Robinhood’s stumble is a wakeup call

12/21/18

The promotion of “insured” accounts by nonbanks and fintechs is a worrying trend, because it could leave customers falsely believing their accounts are just as safe as FDIC-insured ones.

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This fintech is taking anti-bank marketing to extremes. It may pay for it

12/19/18

Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players.

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Square to make another bid for bank charter

12/19/18

The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.

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One year in, open banking still befuddles Brits

12/19/18

Though it became official in January in the U.K., most people there don't know what it is, according to a new survey that offers many insights for U.S. banks.

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Former Congressional Black Caucus staffer to join industry group

12/18/18

Fabrice Coles, who was the CBC's executive director, will work on consumer and fintech policy issues at the Bank Policy Institute.

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How regulators besides the OCC can help fintechs

12/17/18

The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.

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Robinhood backs down after outcry over checking account

12/15/18

Robinhood Financial has rebranded its service, deleted tweets about its launch and scrubbed the page from its website.

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