Spotlight: the payments framework in USA
A review of the regulatory framework governing payment systems in USA, including cash and non-cash payments and applicable regulatory authorities.
Source: lexology.com
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Figure Raises $200 Million Amid Banking License Row
If successful, the Charter will likely push more crypto firms to apply. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry. Learn more about becoming a client. The Series D round gives US-based Figure Technologies a $3.2 billion valuation, up from $1.2 billion after its last mega-round in December, Blockchain firm Figure raises $200 million. Insider Intelligence Launched in 201...
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Source: businessinsider.com
Fintech Week in Review - January 2021 | Perkins Coie
Weekly Fintech Focus FDIC issues an updated brokered deposit rule, creating new exceptions relevant to fintechs working with bank partners. FDIC issues a final rule clarifying its expectations for ILC charter applications. CFPB issues an advisory opinion on Special Purpose Credit Programs to clarify how creditors can offer these programs to disadvantaged groups. CFPB grants access to its compliance assistance sandbox to an earned wage access company, which meets the CFPB’s recent guidance on ...
Source: jdsupra.com