TFU | Jan. 15-22

The SEC questioned SIFMA about crypto ETFs; Zelle is facing consumer complaints; TechCrunch gives a GDPR primer; Goldman tries to grow its consumer lending portfolio; SC and BB&T have new fintech investment units; and the NYT looks at crypto-mania through the lens of history.   

TFU | Dec. 18, 2017 – Jan. 7, 2018

Happy New Year!  The U.S. denied Ant’s bid for MoneyGram; the CFTC discussed regulating cryptocurrency derivatives markets; Goldman plans to set up a crypto trading desk; Coinbase is looking into possible insider trading; and China is quickly moving towar toward a “cashless society.”

TFU | Oct. 30 – Nov. 5

The FSB has a report on AI and machine learning in financial services; Visa brings real-time payments to Europe; the U.S. will get bitcoin futures contracts; the SEC told celebrities to cool it on their ICO endorsements; and Quartz has a great report on how Amazon’s cloud is changing the economics of financial services entrepreneurship.

FU | March 11-17, 2017

The OCC released new guidance on how “fintech charter” applicants will be evaluated; the NYDFS appears to want greater authority over fintech firms; SWIFT announced new technology-enabled compliance offerings; the SEC denied the Winklevoss twins’ application to create a bitcoin ETF; Dubai selected IBM to help it build the world’s first “blockchain-powered government;” 40 blockchain firms formed a defensive patent coalition; and Euronet topped Ant Financial’s $880M bid for MoneyGram.

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.