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Alston & Bird

CFPB Submits Comment Letter on Use of AI in Financial Services

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What Happened? On August 12, the Consumer Financial Protection Bureau (CFPB) submitted a comment letter in response to a Treasury Department Request for Information on the use of AI in financial services....more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 43: Investing in Financial Inclusion

Kabir Kumar, director of policy and ecosystem building at Flourish Ventures, joins RegFi co-hosts Jerry Buckley and Sasha Leonhardt to explore the fundamental role of technology in expanding access to fair and stable...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 23: Regulatory Tech Innovation Accelerating Around the Globe: Nick Cook Describes Trends

Nick Cook joins RegFi cohosts Jerry Buckley and Sasha Leonhardt for a conversation about how regulators globally are approaching technological innovation, both in the markets they supervise and within their own operations....more

Guidepost Solutions LLC

The Unique Advantages Fintechs Have When Expanding into Banking Operations – A Trend is Underway

In 2021, Square, Inc. (“Square”) announced that it had commenced banking operations under its independently governed subsidiary industrial bank, Square Financial Services (“Square Financial”). ...more

Goodwin

Fintech 2020: A Global Survey on the State of Financial Technology

Goodwin on

Letter from Our Co-Chairs - As the digital transformation of financial markets accelerates at breakneck speeds, fintech presents significant opportunities and challenges for both investors and innovators around the world. ...more

Ballard Spahr LLP

PLI 25th Annual Consumer Financial Services Institute – 25% discount available

Ballard Spahr LLP on

PLI’s 25th Annual Consumer Financial Services Institute will take place on March 23-24, 2020, in New York City (and by live webcast and groupcast in Philadelphia, Pittsburgh, and Mechanicsburg, Pennsylvania, and New...more

Troutman Pepper

CRA-like Standards for Fintechs Could Reduce Access to Credit

Troutman Pepper on

As reported in American Banker, consumer advocacy groups are concerned that financial inclusion expectations for fintechs chartered as special-purpose national banks may not perfectly mirror the requirements of the Community...more

Hogan Lovells

10 Practical tips for a smooth FCA application process

Hogan Lovells on

The road to FCA authorisation can sometimes seem a long one, but take in some of our top tips for FinTechs travelling this road for the first time to help smooth the ride....more

Hogan Lovells

P2P platforms and the SME finance industry: where do we go from here?

Hogan Lovells on

Looking back at the major changes since his last report 5 years ago, Andy Davis concluded on Monday evening that P2P platforms have "changed the game for small businesses, investors and regulators" in the UK, as he launched...more

Hogan Lovells

RegTech: Big Bang or Slow Burn?

Hogan Lovells on

Will RegTech be a "Big Bang" or a "Slow Burn"? This was the question posed at the end of another roundtable on RegTech chaired by Emily Reid, Partner and Head of Commercial and Retail Banking at Hogan Lovells. The consensus...more

Hogan Lovells

RegTech: an Invisibility Cloak for Regulation?

Hogan Lovells on

Moving onto the second day of the Innovate Finance Global Summit 2017, Hogan Lovells hosted a roundtable focussed on Making Regulation Invisible: Using RegTech to Embed Rules into Workflow. A full house reinforced the nirvana...more

Hogan Lovells

Building FinTech castles in the sand: insights on collaboration innovation

Hogan Lovells on

Sandboxes featured as a common refrain at the Innovate Finance Global Summit 2017, cropping up as routes to success in FinTech innovation in various guises. Innovate Finance and MIT Connection Science joined forces to lead a...more

Ballard Spahr LLP

Director Cordray and Comptroller Curry speak at LendIt USA conference

Ballard Spahr LLP on

Earlier this week, we attended the LendIt USA conference in New York City, a leading annual fintech conference, at which CFPB Director Richard Cordray and Comptroller of the Currency Thomas Curry both spoke....more

Carlton Fields

SEC and OCC Seek Accommodation with Fintech Firms

Carlton Fields on

In November, industry participants and their regulators convened at the SEC for a special forum on the use of financial technology (fintech). In recent years, large amounts have been invested in fintech platforms such as...more

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