Get to speed in 30 seconds. From the first Financial Times allegation in January 2019 to Wirecard filing for insolvency in June 2020.
Fintech Law covers technologies including digital payments, digital lending, investment platforms, cryptocurrencies, and financial data.
Banking as a Service (BaaS) lets companies rent different parts of a bank. Could Amazon or Apple be your next bank?
The legality of Bitcoin differs from country to country. Bitcoin is treated as being legal (at least for some purposes) in most countries. Some countries have provided guidance on the legality of Bitcoin.
The OCC is the US national bank regulator. The largest US banks including Bank of America and Wells Fargo are regulated by the OCC.
Secure Customer Authentication is intended to reduce fraud. Customers can no longer make online payments with just their credit card details.
Plaid has lobbied the UK FCA to not create a standardised API for Open Finance. Open Finance is intended to increase competition.
The EBA says COVID-19 might increase people’s willingness to switch from banks to fintech competitors.
As open banking regulations come into force around the world, and as consumer calls for open banking access grow, Plaid is upping its game to continue to provide more value to financial institutions and to fintech firms. On the 19th May, Plaid launched Plaid Exchange – a marketplace through which financial institutions and fintech firms… Continue reading Plaid levels up with Plaid Exchange
FinTech Australia is an industry body that works to support the fintech ecosystem in the country. In response to a request for input from the Australian Senate Select Committee on Financial Technology and Regulatory Technology, FinTech Australia has prepared a document with a range of recommendations aimed at supporting the Australian fintech industry given the… Continue reading Australian fintech industry body suggests tax reliefs and government loans