 WEEKEND ROUNDUP | |
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Here's how the proposed tweaks to Dodd-Frank will impact fintechs The US House of Representatives voted this week to make changes to the Dodd-Frank Act that would loosen regulations for banks with under $250 billion in assets.
The Dodd-Frank Act was passed by the Obama administration in 2010, in response to the financial crisis. It aimed to toughen rules around banking — including mortgages — and decrease the risk of another meltdown by increasing regulatory oversight.
The new bill will now go to President Donald Trump, who has indicated that he plans to sign it into law. This marks the first time since the financial crisis that the US will loosen the regulations around banking, and though this relief is unlikely to reach Wall Street, it should create more favorable conditions for smaller banks across the country.
Business Insider Intelligence analyst Lea Nonninger has the full story. | |
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| | | Business Insider Intelligence has put together a detailed report that explains the US bill pay market, identifies the major inflection points for change and what's driving it, and provides concrete strategies and recommendations for banks looking to improve their digital bill pay offerings. Learn More → | | | | |
| | | In this report, Business Insider Intelligence details how unmanned aircraft are disrupting a slew of different industries, including agriculture, construction and mining, insurance, media and telecommunications, and the public sector. We also size the market for global enterprise drone shipments, and pinpoint the features that make drones useful tools within different industries. Lastly, we make predictions for how drone use in these industries will evolve over the next five to 10 years and to what extent their impact will be magnified over this period. Learn More → | | | | |
| | | This report compiles various fintech snapshots, which together show the global proliferation of fintech, and illustrate where fintech is starting to mature and where it is just breaking onto the scene. Each snapshot provides an overview of the fintech industry in a particular country, and details what is contributing to or hindering its further development. We also include notable fintechs in each geography, and discuss what the opportunities or challenges are for that particular domestic industry. Learn More → | | | | |
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| | | Amazon is supplying technology and working with city and county law enforcement agencies in the US to allow them to leverage AI and cloud computing systems to engage in real-time facial recognition, according to documents obtained by the American Civil Liberties Union (ACLU). Read More → | | | | |
| | | The banking sector is undergoing many changes currently, as technology is becoming increasingly important to keep up with fintech competition. It has become apparent that the space is evolving in a way that will see new technologies have an outsized impact in the next few years, according to a report from Temenos and The Economist Intelligence Unit. Read More → | | | | |
| | | Facebook is testing a tool that helps brands connect with influencers and strike sponsored content deals on the platform, according to TechCrunch. The "Branded Content Matching" tool enables brands to search for Facebook creators who appeal to certain fans using parameters like interests and education history. Read More → | | | | |
| | | The actual value of Amazon Prime is estimated to be around $784 annually after all of its individual perks and benefits are considered, according to recent analysis by JPMorgan cited by by Business Insider. Read More → | | | | |
| | | AT&T has released a new product, dubbed the LTE-M Button, that companies will be able to purchase and configure to give their customers new ways to interact with them, according to The Verge. Read More → | | | | |
| | | Target has announced that it will be adding three new features to its beauty department, both in-store and online, in order to smooth the shopping experience for consumers. This comes amid a series of expansions to Target's beauty services. Read More → | | | | |
| | | Amazon has been closing users' accounts if they make too many returns, sometimes without warning or explanation, The Wall Street Journal reports. Read More → | | | | |
| | | The Boring Company, an infrastructure and tunnel construction firm founded by Elon Musk, reportedly plans to build a mass transit tunnel system beneath Los Angeles, according to Engadget. Read More → | | | | |
| | | Amazon's ability to attract semi-truck drivers is leading fleet providers to rethink their strategies, as they try to grapple with worsening driver shortages across the industry, according to DC Velocity. Read More → | | | | |
| | | In this article, we take a look at what crowdsourced delivery is, why it's growing, and the future of same-day shipping. Read More → | | | | |
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Consumer Demand for VR Content Extends Beyond Gaming |  | |
Success in Online Grocery May Come Down to Speed |  | |
Larger IoT Deployments Are More Likely to be Targeted by Cyberattacks |  | |
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