Search Results for: fintech sandbox

Arizona Creates a Regulatory Fintech Sandbox

Arizona has become the first state in the US to enact a law that creates a regulatory Fintech Sandbox. This is an interesting move as the US Securities and Exchange Commission has been slow to embrace Fintech innovation by creating their own Fintech Sandbox meanwhile… Read More

Sageworks Joins FinTech Sandbox as Data Partner

FinTech Sandbox announced on Tuesday that Sageworks, which offers lending, credit risk, and portfolio risk solutions to banks and credit unions, has signed on to be its new data partner. According to the organization, Sageworks will make banking and indices data available to early-stage fintech startups… Read More

Taiwan Passes Legislation Creating Fintech Sandbox in Move to Keep Up with Financial Innovation

The Taiwan legislature has passed legislation that will create a regulatory Fintech Sandbox in a move designed to keep the country up to date on the fast changing financial services industry. Inspired by the UK Fintech Sandbox, the law hopes to stop Fintech firms from… Read More

Securities Commission Malaysia Opens Up Fintech Sandbox for ATS Applications

The Securities Commission Malaysia (SC) has announced that parties interested in establishing and operating an Alternative Trading System (ATS) in Malaysia can apply to participate in regulatory sandbox sessions under the SC’s FinTech Innovation Lab (aFINity – alliance of Fintech community). This follows the Budget… Read More

Fintech Sandbox: Financial Conduct Authority Provides Update on Participants

The UK Financial Conduct Authority (FCA) has just released an update on their regulatory Sandbox created to help aspiring Fintech firms to navigate the labyrinth of financial services rules. The trailblazing project, which has been replicated around the world, kicked off in 2014 and the… Read More

Lessons Learned: UK FCA Shares Insight into Fintech Sandbox Operation After First Year

Following the first full year of operations of the Fintech Sandbox, the UK Financial Conduct Authority (FCA) has published a report outlining lessons learned. The UK has been the trailblazer in the concept of creating a regulatory sandbox to allow innovative financial firms to work… Read More

Hong Kong Now Has Three Different Fintech Sandboxes, InvestHK Applauds Government Actions

InvestHK is out with a laudatory statement regarding the Hong Kong Monetary Authority’s decision to “upgrade” its FIntech Supervisory Sandbox with new features.  FinTech Sandboxes have also been announced by the Securities and Futures Commission (SFC) and the Insurance Authority. These actions mean that pretty… Read More

Federal Reserve Attorney: US Not Interested in Fintech Sandboxes

  There is a report in Bloomberg Law that Federal Reserve Attorney, Gerald Tsai, has indicated the US is not that interested in creating a regulatory Sanbox or Fintech Sandbox – similar to what the rest of the world is embracing. Tsai reportedly acknowledged that… Read More

Arizona AG Mark Brnovich Calls for Creation of Fintech Sandbox

Arizona Attorney General Mark Brnovich has publicly requested the creation of a Fintech Sandbox in his state. Brnovich published his belief in an OpEd for American Banker. Brnovich is of the opinion that Arizona should be the first state to create a Sandbox as it… Read More

FinMason Set to Provide Investment Analytics Data to Fintech Sandbox Participants

Boston-based fintech and investment analytics firm, FinMason, announced on Tuesday it has partnered with non-profit accelerator Fintech Sandbox to provide its enterprise solution, FinRiver, to participates in the program.  Fintech Sandbox notably offers data from 30 data partners, infrastructure from three partners, and collaborates with… Read More

Daniel Gorfine Appointed as Director of CFTC’s Fintech Sandbox LabCFTC

U.S. Commodity Futures Trading Commission (CFTC) Acting Chairman J. Christopher Giancarlo has appointed Daniel Gorfine to serve as Director of LabCFTC and Chief Innovation Officer. Launched in May, LabCFTC is the CFTC’s sandbox type environment for Fintech innovation. Gorfine is well known in the Fintech and… Read More

Fintech Sandbox and Ontario Centres of Excellence Announce Partnership

The Boston based company Fintech Sandbox and the Ontario Centres of Excellence (OCE) signed a memorandum of understanding (MOU) to work together to bring the Fintech Sandbox model into Ontario and eventually the rest of Canada. The President and CEO of OCE, Dr. Tom Corr,… Read More

The Importance of Being in a Fintech Sandbox: Assure Hedge CEO Comments on FCA Cohort 2 Selection

As reported, the UK Financial Conduct Authority named its second cohort of 24 Fintech firms that are ready to begin testing shortly.  What exactly is a sandbox and why is it important for countries to utilize these to engender innovation and spark disruption? Startups and nubie platforms… Read More

Fintech Sandbox: Financial Conduct Authority Provides Update

The Financial Conduct Authority (FCA) has published an update on the Fintech Sandbox and has provided a list of the firms that have been accepted into the second cohort of the program. The FCA is a trailblazer in the Sandbox concept and the approach to… Read More

Innovate Finance Publishes Industry Fintech Sandbox Consultation Report

Innovate Finance has published a report today on industry sandboxes in the Fintech startup community. Lawrence Wintermeyer, CEO of Innovate Finance and Chair of the report, commented; “Industry Sandboxes offer new opportunities for the financial services sector to accelerate the use of shared knowledge, data… Read More

Innovate Finance Shares Findings from UK Fintech Sandbox

Innovate Finance has published a “Sandbox Consultation Finding Preview in concert with the Financial Conduct Authority (FCA). The release took place as Innovate Finance opened its Global Summit 2017. The FCA invited Innovate Finance , a public-private partnership seeking to boost Fintech innovation, to chair an… Read More

FinTech Sandbox Announces Demo Day 4.0 in Boston

FinTech Sandbox, a Boston-based nonprofit providing fintech startups free access to data and infrastructure to accelerate product development, announced on Wednesday details about Demo Day 4.0, which is described as a series of events highlighting innovative solutions built by Sandbox participants. The event will take… Read More

Canadian Securities Administrators Launch Fintech Sandbox

The Canadian Securities Administrators (CSA) has launched a bespoke Fintech regulatory sandbox. The CSA described the Sandbox as an initiative that supports businesses seeking to offer innovative products, services, and applications. “The objective of this initiative is to facilitate the ability of those businesses to… Read More

FinTech Sandbox Alum Data Simply Returns As Data Partner

FinTech Sandbox, a nonprofit that helps fintech startups access data and build great products, announced on Thursday one of its alums, Data Simply, has signed on to be a data partner and provide data to innovative startups that are selected by the organization. Data Simply… Read More

Here is the MAS Response to Feedback for the Fintech Sandbox Guidelines

While the UK has been the trailblazer in the creation of the concept of a regulatory Sandbox for innovative financial firms, the rest of the world has seen the light and moving forward with their own Fintech Sandbox structures. The UK understood that rule written… Read More

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