Fintech Thoughts

An Open Letter to Innovators: Apple’s NFC Decision and the Power of Persistence
FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards PayTech Labs FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards PayTech Labs

An Open Letter to Innovators: Apple’s NFC Decision and the Power of Persistence

In a world driven by ideas and innovation, moments like these are what we live for. After over a decade of advocacy and perseverance, Apple has finally opened up its iPhone’s NFC chip to developers—a decision that could reshape the future of mobile payments. As someone who’s been pushing for this change for years, often labeled as "crazy" or out of touch, this is a powerful reminder that our ideas matter. It’s a victory for innovation, competition, and consumer choice.

To all the builders and dreamers out there: this is your moment. The doors to a new era of innovation have opened—now it’s time to walk through them.

Read More
AML Enforcement Actions and the Importance of Holistic KYC Programs in the Fintech Sector
PayTech Labs, Product-Led Growth Model, Product Development, Product Innovation, Technology Trends, Financial Services, SaaS, FinTech, SaaS Platform, Banking and Finance, Compliance, Compliance/Regulatory, BaaS, Banking PayTech Labs PayTech Labs, Product-Led Growth Model, Product Development, Product Innovation, Technology Trends, Financial Services, SaaS, FinTech, SaaS Platform, Banking and Finance, Compliance, Compliance/Regulatory, BaaS, Banking PayTech Labs

AML Enforcement Actions and the Importance of Holistic KYC Programs in the Fintech Sector

Explore the critical role of holistic KYC programs in modern finance. This article delves into the challenges and regulatory pressures banks face, especially in the era of Operation Choke Point 2.0. Understand how fragmented compliance processes can lead to significant enforcement actions and why integrated AML measures are essential for financial institutions. Perfect for compliance professionals and financial executives, this piece offers insights into protecting your institution in a rapidly changing regulatory environment. Don’t miss this essential guide to navigating the complexities of KYC and AML compliance in today’s financial world.

Read More
The Field of Dreams: Embracing Product-Led Growth at Paytech Labs
PayTech Labs, Product-Led Growth Model, Product Development, Product Innovation, Bootstrapping, Fund Raising, Start-Ups, Entrepreneurship, Business Growth, Strategic Partnerships, Technology Trends, Financial Services, Startup Strategy, SaaS, FinTech, SaaS Platform PayTech Labs PayTech Labs, Product-Led Growth Model, Product Development, Product Innovation, Bootstrapping, Fund Raising, Start-Ups, Entrepreneurship, Business Growth, Strategic Partnerships, Technology Trends, Financial Services, Startup Strategy, SaaS, FinTech, SaaS Platform PayTech Labs

The Field of Dreams: Embracing Product-Led Growth at Paytech Labs

Discover how we’re embracing a product-led growth strategy to build groundbreaking financial solutions. Learn about our challenges, successes, and the importance of strategic partnerships. Ideal for entrepreneurs and investors, this article highlights our vision, progress, and the value of collaboration. Join us in shaping the future of fintech and see how you can be part of this transformative venture. Don’t miss out on understanding the power of innovation and partnership with Paytech Labs!

Read More
CFPB Challenges Apple’s NFC Monopoly: A Push for Competition and Consumer Choice (UPDATED 8.15.24)
FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards, Fraud Detection and Prevention Corey Glaze FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards, Fraud Detection and Prevention Corey Glaze

CFPB Challenges Apple’s NFC Monopoly: A Push for Competition and Consumer Choice (UPDATED 8.15.24)

The Consumer Financial Protection Bureau (CFPB) has raised concerns about Apple's exclusive control over NFC technology in iOS devices, questioning its impact on competition and innovation in the mobile payment industry. Critics argue that Apple's monopoly limits consumer choices and hinders the growth of open banking. The issue has gained global attention, with entities like the European Commission also challenging Apple's restrictive NFC policies.

Read More

All Great Products Begin With Conversations…

Have a problem that you are trying to solve?
We can lend you some of our existing braincells to assist you in your mission.