The TL;DR is that banks must do more to monitor their fintech partnerships, but this should lead to healthier and more productive relationships. Banks will now be more demanding of their fintech partners, so we all need to be ramping up compliance too.
At least this provides clarity…something sorely missing in the crypto space.
USA The global state of real-time payments By Isabelle Castro Margaroli FedNow’s launch is imminent, but the U.S. is lagging behind the rest of the world on real-time payments. It may be an advantage.
Global Fraud Fight Club lives up to the hype By Todd Anderson Expert speakers from banks, credit unions, lending institutions, fintechs, and beyond engaged in spirited conversation inside our makeshift boxing ring.
USA: Inside the culture clash at JPMorgan and WePay When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley.” But it didn’t all go to plan.
Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.