FU | February 18-24, 2017

The U.S. House of Representatives relaunched its “Blockchain Caucus,” which focuses on issues related to DLT policy; BoA became the first bank to launch mobile payments on the Zelle network; Facebook now offers cross-border payments in its Messenger app, thanks to a new partnership with Transferwise; China’s largest P2P lender, Lufax, will offer online wealth management tools to China’s retail investing market; Goldman Sachs was named “Most Innovative in Finance” by Fast Company; and Bill Gates argues that governments should tax companies that replace human workers with AI-enhanced robots.

FU | February 11-17, 2017

Several fintech firms created the Online Lending Policy Institute research group; major U.S. banks are working on digital, phone-based ATM cards; a dozen global banks began using SWIFT’s new cross-border payments service; the U.K.’s FCA granted an electronic money institution designation to a blockchain firm, paving the way for blockchain-based money; PayPal acquired retail store-based bill-pay facilitator TIO Networks; and SVB became the latest bank to agree to an API-based data-sharing partnership.

FU | February 4-10, 2017

The SEC has a March 11 deadline to decide on a potential rule change that could allow for a bitcoin ETF; the EU’s securities regulator said it would be “premature” to create new DLT regulations; Citibank partnered with IBM to launch a public sector-focused fintech initiative; Ant Financial is reportedly raising $3 billion to help finance new acquisitions and global expansion efforts; and Scotiabank partnered with a Toronto-based AI startup in a pilot project to identify high-risk credit card customers.

FU | January 28 – February 3, 2017

President Trump’s promise to overhaul Dodd-Frank raised concerns among fintech firms about access to consumer data; SoFi acquired payments and mobile-banking startup Zenbanx; AmEx became the newest member of the Linux Foundation’s Hyperledger blockchain project; H&R Block will use IBM’s Watson technology to help file an estimated 11 million returns this tax season; and Green Dot acquired RushCard, which was also fined by the CFPB for failures related to frozen accounts in Oct. 2015.