Licensing news and trends

Report: Hanging Up The Phone On Mobile Remittance Fraud
Smarter Payments // September 22, 2020

Cross-border remittances are a lifeline for many households who depend on family members working abroad to send funds home. These international money flows reached $689 billion in 2018, and ensuring funds continue to flow smoothly requires money transfer organizations to provide services that are both...

Afterpay Fined By CA Regulator For Unlicensed Loans
Buy Now Pay Later // March 17, 2020

Australian startup Afterpay is settling with the California Department of Business Oversight (DBO) over allegations that the buy now, pay later (BNPL) firm was offering illegal loans in the state. The DBO said it is requiring Afterpay to offer its service under a finance lender’s...

CFPB Structure To Get Supreme Court Hearing
Regulation Roundup // March 02, 2020

For game makers operating in China, new licensing requirements are on the horizon, especially for those that rely on iOS. To that end, Apple said last week that it set a deadline of June 30 for app developers to comply with Chinese laws surrounding mobile...

NCR’s D3 Combines With NYMBUS To Enable Banks’ Digital Offerings
Digital Banking // October 07, 2019

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. 7). “In today’s highly competitive financial services environment, institutions can no...

Interviews & Exclusives
Cryptos And Sandboxes And Streamlined Money Licensing (Oh My!)

February 15, 2018
Streamlined money transfer applications dominated regulatory news this past week as seven states took the initiative to make it easier for traditional FIs and fintechs to broaden their reach across the nation. PYMNTS spoke with Charles Clark, acting director of the Washington State Department of Financial Institutions, who said that redundant processes remain the sticking point. And abroad, was it any wonder that cryptos held sway? Look a little closer, and central banks are also examining the sandboxes suitable for FinTech playing and innovating.

Quick Reads
Telehealth 98point6 Secures $20M, Signs First Tech Licensing Deal

September 02, 2022
Virtual primary care startup 98point6 raised $20 million in a funding round and also signed its first licensing deal for its technology with MultiCare Health System’s hybrid ambulatory care division Indigo Health. “Indigo Health’s strategic partnership is a major milestone toward our vision to make achieving optimal health a reality for everyone,” Jay Burrell, President […]

Afterpay Fined By CA Regulator For Unlicensed Loans

March 17, 2020
Australian startup Afterpay is settling with the California Department of Business Oversight (DBO) over allegations that the buy now, pay later (BNPL) firm was offering illegal loans in the state....

NCR’s D3 Combines With NYMBUS To Enable Banks’ Digital Offerings

October 07, 2019
Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press...

Facebook Could Pay Up To $3M Per Year To License News Content

August 08, 2019
Facebook has offered news outlets millions of dollars for content in a planned news section, according to a report by The Wall Street Journal. Facebook said it would pay an...