A Consumer Financial Protection Bureau (CFPB) report on the impacts of Big Tech companies? practices that govern tap-to-pay on mobile devices like smartphones and watches.
CFPB REPORT HIGHLIGHTS THE ROLE OF BIG TECH FIRMS IN MOBILE PAYMENTS Read More »
An article showing growth in the use of contactless payments and digital wallets.
RESEARCH REPORT: CENTRAL BANK DIGITAL CURRENCIES Read More »
A short post announcing the US Federal Reserve’s plans to supervise crypto, neo-banks, banking-as-a-service, and other emerging areas more closely.
A slide listing the benefits of regtech, software that helps with compliance, for fintechs, digital banks, and mobile wallet providers.
HOW DOES REGTECH HELP FINTECH Read More »
A link to 99FinTech, a global contingent advisory firm that provides advisory services to multi-billion-dollar companies, down to series B and C fintechs. Areas of focus relate to growth acceleration, product development and launch, mergers and acquisitions, divestitures, corporate development, finance, risk and compliance in payments and digital banking as well as related industries.
PROFILE OF 99FINTECH Read More »
A link to an article in American Banker describing challenges facing FedNow and valuable lessons that might be gained from India’s experience building real-time payment rails and UPI.
AS FEDNOW ROLLS OUT, THE US HAS MUCH TO LEARN FROM INDIA’S UPI Read More »
A brief report by Yahoo News about the launch of Fed Now, a real-time payments system, by the US’ Federal Reserve.
FED LAUNCHES NEW PAYMENTS SYSTEM THAT LETS YOU SEND MONEY IN SECONDS Read More »
A brief description by INNOPAY of the relationship between open banking and another financial service like open insurance. The authors suggest that mandated openness will soon change otherwise slow developments.
FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.
HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH Read More »
A Vodcast by 99FinTech addressing compliance in the digital payments and banking space that explains how firms that embrace compliance versus treating it as a cost center can position themselves better to attract investors, accelerate market entry, achieve competitive advantage, and ensure stability.
STRATEGIC COMPLIANCE Read More »