The Fintech Times

JUNE 6, 2024

The platform now invites further international participation and private sector proposals for value-added solutions. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing. In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

Participant 44

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 44

Fintech News

APRIL 3, 2024

This collaborative effort aims to address and mitigate the structural inefficiencies prevalent in current cross-border payment processes. The BIS plans to invite private financial institutions to participate in Project Agorá, with the IIF facilitating the involvement of the private sector.

Cross-Border Payments 118

Cross-Border Payments Cross-Border Central Bank Federal Reserve 118

The Fintech Times

FEBRUARY 21, 2024

Furthermore, Asia is proactive in implementing the necessary legal frameworks to support these advancements. Unlike the EU, which benefits from uniform regulations and a shared legal framework for its member states, Asia presents a tapestry of diversity with no overarching structures.

APACS 57

APACS Legal Framework Finance Cross-Border 57

Fintech News

FEBRUARY 14, 2024

The guide provides a practical toolkit for the industry, leveraging expert opinions from various stakeholders to explore the role of banks in digitalization initiatives, legal frameworks, international standards and innovative technologies.

Finance 118

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 118

Segpay

MAY 1, 2024

Its legal framework is designed to enhance the operational resilience of all digital service providers, including payment service providers (PSPs), that operate in the European Union (EU). DORA’s Main Pillars Digital services providers, including PSPs, must adhere to ensure compliance with the framework.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

PYMNTS

NOVEMBER 4, 2016

One economist described the scheme: “Real money is used to buy virtual currency, and as virtual currencies gain value, commissions and bonuses are received by users who call in other investors to participate.”. The 500-page, $5,000 applications are an attempt to offer an unequivocal legal framework for businesses to exchange in bitcoin.

Bitcoin 76

Bitcoin Digital Currency Law Enforcement Legal Framework 76

FICO

JUNE 19, 2023

One firm, for example, describes itself as the “Ikea of collections” and addresses its customers by their first name. Both are within the same legal framework, but the perception of what is allowed and what is not is different. This is also effective because it does not put customers in a defensive attitude.

Automation 52

Automation Legal Framework Legal Consulting 52