TFU | Jan. 22-28

The SEC is on “high alert” for ICOs; the CFTC sued My Big Coin for an alleged Ponzi scheme; Coincheck was hacked for over $500M; Coinbase brought in over $1B in 2017; and blockchain was buzzy at Davos this year.

TFU | Nov. 13 – 19

U.S. Fed governor talks banks and fintech; Synchrony buys $6B in PayPal loans; U.S. banks set up a vendor management JV; U.S. banks finally get real-time payments; Coinbase rolls out custodial services; and Kabbage gets $200M from Credit Suisse. Plus, what’s the Big Idea with global regulators and ICOs?

TFU | Oct. 16-22

The CFPB outlined new consumer data-sharing principles; J.P. Morgan Chase is buying WePay; IBM and J.P. Morgan are both working DLT cross-border payments projects; you can now use Venmo to pay online; and PayPal’s market cap is now bigger than that of AmEx.

TFU | Oct. 9-15

SoFi has withdrawn its ILC application and the ICBA wants a moratorium on all ILC applications; a DLT PoC shows its potential for global financial services; Hyatt announced it experienced a data breach that exposed customer payment info; China’s government shows its heavy-handedness (again…); and Russia will begin issuing “CryptoRubles” on a blockchain.

TFU | May 13-19, 2017

The NYDFS sued the OCC over its proposed “fintech charter,” while the CSBS announced a new initiative to “modernize” state regulation of fintech firms; the CFTC created an internal fintech lab to engage with new products and innovators; SoFi is expanding into the wealth management market; the DTCC produced a new white paper on cloud-based financial markets infrastructure; and IBM is working to build “the world’s first securities lending blockchain platform.”

FU | March 18-24, 2017

The SEC shortened to two days from three the settlement cycle for broker-dealer transactions; IBM is working with Swiss financial exchange operator SIX on a cybersecurity compliance tool, and with Canadian banks on digital identification management; global software and IT firm SAP joined the Hyperledger project; and two OnDeck executives penned an op-ed advocating for regulatory change.