Today in TechREG, Securities and Exchange Commission (SEC) Chair Gary Gensler reminded investors that crypto assets are “highly speculative” and the agency will continue policing the industry until better rules will be in place. The Consumer Financial Protection Bureau (CFPB) launched an initiative to promote consistent...
It’s a high-tech, high stakes waiting game. As Jack Hidary, CEO of Sandbox AQ, told PYMNTS’ Karen Webster, financial institutions (FIs) and all manner of firms are still reliant on RSA, a public-key cryptosystem that is the cornerstone of secure data exchange, underpinning the transmission...
Today in TechREG, two top officials of central banks have criticized crypto assets and the disruption these could bring to the international financial system if they are not regulated. An ECB board member also highlighted the benefits of a digital euro. Plus, EU lawmakers will...
In today’s FinTech news, account-to-account (A2A) payments are top of mind for Token.io, while Amazon offers buy now, pay later (BNPL) options to consumers in Egypt. Plus, Interswitch raises $110 million in fresh capital, and BlueTape is expected to launch a virtual card to give...
The freelance workforce is fast growing, helped by the pandemic and an increasing number of workers around the world who are embracing the upsides of flexible, remote working. But unlike small- and medium-sized enterprises (SMEs) that have long had access to a myriad of tech-enabled...
Google is debuting a way for people to make sure their personally identifiable information is not searchable on its ubiquitous search engine, the company announced Wednesday (May 11). In a company blog post, Google said it’s trying to work on the “key element of feeling...
U.K.-based FinTech Gresham Technologies announced Wednesday (May 11) that payments and banking services firm Banking Circle has adopted Gresham’s cash reconciliation tool. “Gresham’s Control solution is already improving our control mechanisms while simultaneously allowing us to innovate and scale,” Morten Juhl Lilleøre, Banking Circle’s head...
Today is Wednesday, May 11 and it’s National Eat What You Want Day, so maybe it’s time to get a few pizzas made by a robot and delivered by drone. Today is also the confirmation vote for Alvaro Bedoya to the Federal Trade Commission, but...
In today’s FinTech news, it’s all about buy now, pay later (BNPL). Ayden and Afterpay are teaming up for further expansion, while Canopy joins the Visa Ready BNPL program. Plus, Tabby is launching a virtual card with Visa for BNPL purchases. Adyen Further Grows World...
