Citi launches Payment Insights tool, Oracle's blockchain tool for corporates goes live, and Georgia passes virtual card legislation.
| | | | BUSINESS TO BUSINESS EDITION | | NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including corporate lending) in sight. Elsewhere, not every bank is scrambling to link with a tech upstart â look to Hong Kong for examples. |
| Virtual Cards Run Into Payroll Card-Like Legal Troubles Payroll cards have earned some controversy in recent years as lawsuits and regulations target unfair fees linked to the tool. Now, a similar dispute has emerged involving virtual cards in Georgia, where lawmakers are pushing for rules that ban insurers' use of the cards to pay healthcare providers. At the heart of the debate, again, are fees. |
| | Blockchain | | Blockchain Makes It Out Of Piloting â Now What? If 2017 was the year of blockchain experimentation, 2018 is (supposed) to be the year those projects make it out of the lab and into the real world. One company to make that leap is we.trade, its blockchain platform for banks to help facilitate corporate cross-border transactions. Chief Operations Officer Roberto Mancone discusses the "moving target" of blockchain solutions, and the need for innovators to be flexible in their application of the tool. |
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