CFPB Director Rohit Chopra released a statement today regarding the Report on Stablecoins issued by the President’s Working Group on Financial Markets, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

Statement of CFPB Director Rohit Chopra

The United States must do more to nurture a fast, safe, and competitive payments system. New technologies can help to advance this goal, which would yield enormous benefits for consumers, workers, and small businesses.

 TripleBlind, the private data sharing company that offers proprietary cryptographically-enforced data privacy solution, announced today that it has been named a Cool Vendor in October 2021 Gartner Cool Vendors™ in Privacy report. Gartner subscribers can read the full report here.

The fintech revolution has changed the financial services ecosystem for the better. Individuals have improved access to banking and entirely new products exist to make our lives easier. It's a great time to be involved in fintech. 

Broadridge Private Market Hub to provide Emerald and Northern Trust greater transparency and efficiency in managing the private equity fund lifecycle

Vladislav Kreynin, senior vice president and director of the Marketing and Communications Department at Sberbank, is participating in Web Summit 2021, the world’s premier tech conference, taking place in Lisbon on November 1-4. On the first day of the conference, he hosted a key session titled “What to Expect in Marketing and Martech Over the Next Five Years?”, where he covered key trends in marketing.

During the roundtable, Kreynin outlined five challenges for marketing:

New leaders from JPMorgan Chase, eBay, and ZenBusiness to join Nav

• Mastercard launches Thrive Street pop-up to support local small businesses in the Northeast by offering free retail space to promote business, network and learn from business experts.

 CloudBees has been selected by HSBC as its software delivery platform provider, supporting the bank to provide faster, easier and more secure banking to its 40 million customers. With CloudBees, the international bank will establish a unified end-to-end system of record for deploying software into production. 

British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £30m commitment to UK focused small cap specialist, Mobeus Equity Partners to its Fund V.

Mobeus provide capital to smaller companies, to support their growth and take an equity stake, alongside existing management teams. The fund will support such management teams in growing their business and the capital will be used to fund capital investment or acquisitions.

Medius, a leading provider of spend management solutions, has been recognized as a Visionary in the October 2021 Gartner® Magic Quadrant™ for Procure-to-Pay (P2P) Suites report.¹

Medius believes this achievement is attributed to their innovative product development, truly customer-centric approach, and the modern technology powering Medius solutions.