表紙
市場調查報告書
商品編碼
999523

探索複雜的預付費市場,以及Reg。II的變化如何瓦解金融科技

An Exploration of the Complex Prepaid Market and How a Change in Reg. II Could Unravel Fintechs

出版日期: | 出版商: Mercator Advisory Group, Inc. | 英文 11 Pages, 4 Exhibits | 商品交期: 最快1-2個工作天內

價格
  • 全貌
  • 簡介
  • 目錄
簡介

隨著《the Dodd-Frank Act》第二條的變更,複雜的預付費市場可能將面臨混亂。預付費價值鏈由錯綜複雜的公司組成,其中一些公司從交換費收入中受益更多。交換費收入在許多金融科技公司的收入中佔很大比重,但票據交換所(TCH)緻美聯儲委員會的一封信可能會改變法規,使金融科技公司失去莫大獲利。

與此同時,從未從中受益的傳統金融機構將取得競爭上的優勢。還有小規模金融科技和小規模發行者和協作企業,將由於大規模金融科技減少的交換費收入而從中受益。

本報告提供由於預付市場及規則Ⅱ的變更對金融科技的影響相關調查,考察TCH的書信,預付市場可能產生的影響(包含意圖性,非意圖性)等資訊。

本報告中提到的公司包括: Bancorp,PayPal,Robinhood,Sutton Bank和The Clearing House

本報告所包含的圖表之一:

本報告的亮點

  • 複雜的預付費價值鏈以及互換收入流動路徑的製圖
  • 仔細檢查第II條以及TCH的信可能改變其解釋的方式
  • 強大的金融技術利用TCH視為Reg.II漏洞的方式的具體案例
  • 分析金融科技預付卡模型及其在多大程度上容易受到擬議變更的影響
目錄

The complex prepaid market could face disruption with a change in Reg. II of the Dodd-Frank Act.

Mercator Advisory Group releases new research on the prepaid market and how a change in interchange regulations could pose significant challenges for fintechs.

Revenue from interchange fees makes up a large share of many fintechs' income, but a letter from The Clearing House (TCH) to the Federal Reserve Board may change regulations and cost fintechs much of this profit. The prepaid value chain is made up of a complex web of players, with some benefitting more from interchange revenues than others. Mercator Advisory Group's latest research report, “An Exploration of the Complex Prepaid Market and How a Change in Reg. II Could Unravel Fintechs”, discusses TCH's letter and its possible implications - intended and otherwise - on the prepaid market.

"In effect, answers to the TCH's FAQs could dramatically transform the prepaid market. While fintechs would lose a significant amount of interchange revenue - often one of their key income-generating activities - traditional financial institutions who have never benefitted from this revenue would gain a competitive advantage. Smaller fintechs and companies that partner with small issuers would also benefit from their larger fintech competitors' reduced interchange revenue," wrote James O'Brien and Laura Handly, market research analysts at Mercator Advisory Group and authors of the report.

This report has 11 pages and 4 exhibits.

Companies mentioned in this report include: Bancorp, PayPal, Robinhood, Sutton Bank, and The Clearing House

One of the exhibits included in this report:

Highlights of the report include:

  • Mapping of the complex prepaid value chain and the path along which interchange revenue flows
  • Close examination of Reg. II and the ways in which TCH's letter could alter its interpretation
  • Specific examples of the ways in which powerful fintechs have taken advantage of what TCH sees as a loophole in Reg. II
  • Analysis of the fintech prepaid card model and the degree to which it is vulnerable to proposed changes