Daniel Gorfine

CEO

Daniel Gorfine is a former chief innovation officer at the Commodity Futures Trading Commission and is the founder and CEO of Gattaca Horizons LLC.

Politics and policy

Don’t discount the importance of regulatory sandboxes for fintechs

A growing chorus of voices seems to share the view of former New York banking regulator Maria Vullo, who once said, “Toddlers play in sandboxes. Adults play by the rules.” But any movement away from the collaborative development of regulations for new financial services products would be a setback for consumer choice.

By Daniel Gorfine

March 21

TRENDING

SBA

SBA's push to revive an old idea

Isabel Casillas Guzman, administrator of the Small Business Administration, wants the agency to get involved in direct lending, a practice that was discontinued during the Clinton administration. Congress has not embraced the idea, to put it mildly.

By John Reosti

2h ago
Risk management

Yes, your bank has a supply chain, and it's fraught with risk

Extensive partnerships with third-party service providers, fintechs and other partners are the banking equivalent of a supply chain, and bankers need to be clear-eyed about assessing the risk associated with them.

By Samantha Regan

2h ago
Payments

Meet the bank that's replacing every debit card with wood

GLS had already stopped issuing first-use plastic as of 2018, but it wasn't enough for the eco-minded German bank. Fake plastic still looks and feels like plastic.

By Daniel Wolfe

2h ago