Finance Industry news and trends

An Industry Insider on the Growing Importance of Compliance in Bank-FinTech Relationships
Banking // June 05, 2023

Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into effect in 2024. PYMNTS examines what will be required as banks and FinTechs will rely on each other for data...

US Open Banking Regulations Will Force More Bank-FinTech Collaboration
Banking // June 02, 2023

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Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards
International // January 03, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ₹50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint.  Get the Full...

European Commission Proposal Consolidates Power Over Financial Industry
Regulation // September 21, 2017

In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal on Wednesday (Sept. 20) which stated it would transfer some of the power to oversee the financial industry from each country’s capitals to the...

Quick Reads
Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards

January 03, 2020
The finance ministry in India passed a new regulation saying that companies with sales of more than ₹50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint.  Get the Full Story Complete the form to unlock this article and enjoy […]

European Commission Proposal Consolidates Power Over Financial Industry

September 21, 2017
In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal on Wednesday (Sept. 20) which stated it would transfer...

FinTech Could Be Hurt By Fight Between OCC And States

April 25, 2017
The FinTech industry’s future could depend on the outcome of a fight between the Office of the Comptroller of the Currency (OCC) and states, according to a report in TechCrunch. Get...