Tag: fintech

Business Models

The US and UK are both cutting red tape – but will this help consumers?

Colin Henderson

Attributed to Monica Eaton, Founder and CEO of Chargebacks911: “The recent executive order granting the White House direct control over independent regulators like the Securities and Exchange Commission (SEC), Federal Trade Commission (FTC), and Federal Communications Commission (FCC) is a concerning shift that could reshape financial oversight, consumer protections, and technology regulation. This move, mirrored by developments in the U.K., signals a broader global shift in regulatory control—one that threatens to stifle competition and innovation, not enhance them.” “With the shuttering of the Consumer Financial Protection Bureau (CFPB), the launch of innovative new systems like Open Banking now hangs in … Continue reading The US and UK are both cutting red tape – but will this help consumers?

AI

Open Banking – a reality or not

Colin Henderson

Abstract: Arthur has developed here a modern contextual view of Open Banking and Open Finance. He begins with the right question “Open Banking – a reality or not”. However there are gaps worth exploring for inclusion in this summary. These gaps lie with Safety of Funds and Consumer preferences and motivation to adopt. Arthur BedelCo-Founder @ Connecting the dots in Payments… | Global Revenue at VGS | Board Member | FinTech Advisor | Ex-Pro Tennis PlayerLinkedin ——There remain unanswered questions in this evolving definition which are critical to the success of Open Banking. These gaps are in i. Platform Security … Continue reading Open Banking – a reality or not

Uncategorized

Fintech and the Future of Finance : Market and Policy Implications

Colin Henderson

An interesting discussion document and worth checking out because it addresses many aspects of Fintech and digitisation generally for Banks and regulators. World Bank paper The eight (8) papers included. It is comprised of several papers and the introduction to the first “overview” paper including their conceptual framework. This is worth studying and expect more to come. Overview paper – #1 of 8. 1.1 About the Fintech and the Future of Finance Flagship Report Digital transformation is re-shaping the market outcomes of the financial services industry. Fintech supports growth and poverty alleviation by strengthening financial development, inclusion, and efficiency and … Continue reading Fintech and the Future of Finance : Market and Policy Implications