Bank Payment Obligation is a new payment method developed based on data matching, for purposes of risk mitigation and financing payment … in USA announced that it would accept proposals from fintech firms to charter…
Regulations
Article: Fintech firms want to shake up banking, and that worries the Fed
The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking to…