The Payments Association

JANUARY 13, 2025

The introduction of the Digital Assets Bill and the Financial Conduct Authority (FCA)s ongoing efforts to regulate cryptoassets demonstrates the regulator’s intentions to further define just how digital assets are governed and traded.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

The Payments Association

JANUARY 16, 2025

As the EUs most extensive effort to regulate the crypto market, MiCA seeks to address longstanding issues such as regulatory fragmentation, consumer protection, and market stability. The regulation introduces strict requirements for stablecoin issuers, including robust reserve backing, transparency, and governance.

Compliance 88

Compliance Cross-Border Payments Cross-Border Stablecoins 88

Fintech Finance

MARCH 3, 2025

The Payments Association , a trade group representing the payments sector, today sees the official launch of its Payments Manifesto 2025, containing key policy recommendations to support the government’s vision for a world-class payments industry. Id also like to thank our member Cardaq for sponsoring this event.”

Government 80

Government Governance Innovation Cross-Border Payments 80

The Payments Association

MARCH 17, 2025

How the FCA can define and balance acceptable risk in UK payments regulation to support innovation while ensuring financial stability and consumer protection. Exempting these businesses from certain consumer protection rules (where appropriate) could free up resources for innovation and expansion. Why is it important?

Regulations 88

Regulations Risk Stablecoins Payments 88

Fintech News

JULY 21, 2024

Indonesia’s Financial Services Authority (OJK) plans to raise the maximum limit for peer-to-peer (P2P) funding above the current IDR 2 billion cap, specifically for productive funding used for business and economic activities, rather than consumptive funding for personal use.

P2P 113

P2P Caps Consumer Protection Risk Management 113

Neopay

NOVEMBER 25, 2024

The UK’s financial ecosystem is evolving rapidly, and with it comes the need for robust safeguarding measures to protect consumer funds. The Financial Conduct Authority (FCA) recently released its consultation document on proposed changes to the safeguarding regime for payments and e-money firms. What’s next?

Consumer Protection 52

Consumer Protection Consumer Audit Compliance 52

The Fintech Times

NOVEMBER 2, 2024

King Jigme Khesar Namgyel Wangchuck serves as the head of state, while Prime Minister Lotay Tshering leads the government. Despite its historical lag in technology adoption, recent years have seen significant government efforts to expand ICT and telecommunications infrastructure.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Innovative Payments Association

JANUARY 14, 2025

Proposals to repeal existing regulations through the Congressional Review Act (CRA), calls to eliminate the Consumer Financial Protection Bureau (CFPB), and other deregulatory measures suggest significant changes may be on the horizon. However, industry leaders must temper their expectations.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) CFPB FDIC Consumer Protection 52

Fintech Finance

SEPTEMBER 24, 2024

The government is producing a much needed National Payments Vision and Strategy (NPV&S), that reflects its recognition of the systemic importance of payments to the UK authorities and how its leadership must give rise to a new era for payments. Prioritise initiatives and decide on investment programmes.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

Fintech News

APRIL 3, 2025

Regulators are stepping in to impose stricter consumer protection measures, aiming to curb overspending and prevent debt traps. It sets standards to reduce debt risks and protect users. Banks offering BNPL services need to follow key consumer protection measures. Providers found in breach risk losing accreditation.

BNPL 110

BNPL Regulations Accreditation Consumer Protection 110

Fintech News

FEBRUARY 27, 2024

These negative developments likely influenced governments across the globe, because the following 12 months saw an extraordinary boom in crypto policy regulation in APAC countries. The Hong Kong Monetary Authority (HKMA) proposed stablecoin legislation , driving innovation with projects like the tokenised green bond and the e-HKD pilot.

APACS 129

APACS Regulations Stablecoins Cryptocurrency 129

Fintech News

JANUARY 21, 2025

The Financial Services Authority ( OJK ) of Indonesia has issued a new regulation to govern Alternative Credit Ratings (PKA), also known as Innovative Credit Scoring (ICS). The regulation outlines the framework for PKA operations, including institutional requirements, governance, data security, and consumer protection.

Regulations 88

Regulations Consumer Protection Compliance Government 88

Fintech News

FEBRUARY 21, 2024

Amidst this complex backdrop, regulatory efforts, particularly in jurisdictions like Singapore, have taken center stage, offering a glimpse into the future of crypto governance and its potential to shape the industry’s trajectory toward greater safety and integrity. billion (SG$ 32.51

Crime 107

Crime Ransomware Scams Stablecoins 107

Open Banking Excellence

OCTOBER 6, 2023

Your guide to the Consumer Financial Protection Bureau's (CFPB) imminent proposals for a new regulatory framework governing “Personal Financial Data Rights” The US will propose a new “Open Banking Rule” this year which will set the foundations for an ecosystem with the potential to become the largest in the world.

Consumer Financial Protection Bureau (CFPB) 130

Consumer Financial Protection Bureau (CFPB) Rules CFPB Finance 130

Fintech News

DECEMBER 13, 2024

One of the key drivers of this movement is the desire to maintain monetary sovereignty as stablecoins that are pegged to local currencies allow governments to align digital financial systems with their national economic objectives. It’s merely a reminder of its risks.

Stablecoins 107

Stablecoins Cross-Border Cross-Border Payments Caps 107

The Fintech Times

NOVEMBER 27, 2024

The Financial Conduct Authority (FCA) has unveiled a roadmap outlining key dates for the development of its ‘crypto regime’, as it aims to introduce a clear regulatory framework for the UK’s crypto industry. This encourages experimentation while ensuring consumer protection. They need to work.”

Regulations 112

Regulations Stablecoins Risk Consulting 112

PYMNTS

SEPTEMBER 30, 2016

Singapore’s financial authority said it will look to consolidate existing legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework. “A Last month, Singapore took a big step in preparation for its own FinTech revolution.

FinTech 76

FinTech Money Laundering Interoperability Authorization 76

Finovate

APRIL 4, 2025

The Office of the Superintendent of Financial Institutions (OSFI), Canada’s banking regulator, authorized Banco Santander’s Santander Consumer Bank to begin operations in March. Aspire subsidiary ASG2 secured a Capital Markets Services License (CMS) from the Monetary Authority of Singapore (MAS).

Mitigation 52

Mitigation Cross-Border Acquirers Security 52

PYMNTS

OCTOBER 1, 2019

A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over. The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams.

FTC 59

FTC Romance Scams Federal Trade Commission Scams 59

Fintech News

SEPTEMBER 29, 2024

In Indonesia, consumer debt related to BNPL schemes reached IDR 6.13 increase compared to the same period the previous year, CNA reported , citing data from the Financial Services Authority (OJK). trillion (US$382 million) by March 2024, a 23.9% The rapid growth of BNPL services has sparked concern among regulators worldwide.

BNPL 130

BNPL Scams Identity Theft Non-Bank 130

PYMNTS

MARCH 20, 2020

The regulator will have the authority to request information from tech firms and also enforce other Indian laws aimed at consumer protection and fair competition, the sources said. Indian government officials have already met with some tech companies regarding the impending policy, a source said, declining to provide names.

Rules 73

Rules Law Enforcement Laws Regulations 73

The Payments Association

OCTOBER 14, 2024

To rethink the assumptions behind CBDC proposals and push for more privacy-oriented innovative solutions Many central banks and financial authorities worldwide are experimenting with central bank digital currency (CBDC), including the European Central Bank, the US Federal Reserve, and the Bank of England, among others. What’s next?

Privacy 88

Privacy Addressing CBDC Payer 88

PYMNTS

JULY 26, 2020

The nation’s consumer protection agency is seeking input on rule changes to third-party access to individual financial records. Its purpose was to review the agency’s handling of authorized third-party access to consumer’s financial data.

Consumer Financial Protection Bureau (CFPB) 69

Consumer Financial Protection Bureau (CFPB) CFPB Consumer Privacy 69

Fintech Review

APRIL 11, 2025

Policymakers face the challenge of encouraging innovation while safeguarding consumers and preserving financial stability. Consumer protection is a top priority. Digital lenders, neobanks, and payment firms must comply with capital requirements, operational standards, and governance rules.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

Fintech News

FEBRUARY 26, 2024

The Regulatory Conundrum and Market-Led Initiatives Navigating the regulatory landscape presents a complex challenge for fintech firms, balancing the drive for innovation with compliance and consumer protection requirements.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

Clearly Payments

FEBRUARY 12, 2024

Track all markets on TradingView Over the decades, Visa and MasterCard have evolved into publicly traded companies with expansive global networks, connecting millions of merchants, financial institutions, and consumers worldwide. Compliance with these regulations is crucial to maintaining consumer trust and avoiding penalties.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

PYMNTS

JULY 11, 2019

Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability,” Powell said. Treasury and the Financial Conduct Authority, who have all had meetings about the implications of Libra and its potential consequences on the U.K. percent, to $11,164. This loss in value follows a 3.8

Bitcoin 69

Bitcoin Money Laundering Fed Federal Reserve 69

The Fintech Times

MAY 30, 2024

Its allure as a fintech innovation hub stems from its strategic Mediterranean location, robust regulatory framework, and government policies that foster innovation. MiCA aims to establish a unified regulatory framework for cryptocurrencies and digital assets across the EU, enhancing legal clarity and consumer protection.

Distributed Ledger Technology (DLT) 59

Distributed Ledger Technology (DLT) FinTech Governance Government 59

Fintech News

APRIL 8, 2024

They will also explore how technology is addressing pressing environmental, social, and governance (ESG) challenges, and discover how partnerships between fintech companies, traditional financial institutions and cross-industry collaborations are driving innovation and shaping the fintech landscape in Asia.

FinTech 114

FinTech Cross-Border APACS Participant 114

Segpay

DECEMBER 13, 2024

These pioneering laws represent the first significant initiatives by governments to establish regulations that protect individuals’ data, aiming to give people more control over how their information is collected, processed, and stored. These privacy laws set standards for how organizations should handle and protect user data.

Privacy 105

Privacy Compliance CCPA Authentication 105

PYMNTS

OCTOBER 6, 2020

Britain’s Financial Conduct Authority (FCA) has prohibited the sale of digital currency derivatives to retail investors, according to a Tuesday (Oct. FCA Interim Executive Director of Strategy & Competition Sheldon Mills said in the release, “This ban reflects how seriously we view the potential harm to retail consumers in these products.

Digital Currency 46

Digital Currency Bitcoin Regulations Scams 46

PYMNTS

AUGUST 30, 2016

Singapore’s financial authority said it will look to consolidate existing legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework. Singapore is preparing for a FinTech revolution.

Laws 47

Laws FinTech Money Laundering Interoperability 47

Segpay

MAY 1, 2024

By collaborating with industry stakeholders, regulatory authorities, and other relevant parties to identify and address systemic risks in the digital ecosystem. This will help maintain trust and confidence in digital service providers and ensure that consumers can access reliable and secure payment services without disruption.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

Fintech News

APRIL 12, 2024

This growth is attributed to several factors, including supportive government policies aimed at fostering economic expansion, a population that embraces mobile technology, and a substantial number of opportunities for industry involvement.

APACS 122

APACS FinTech Innovation Finance 122

The Fintech Times

DECEMBER 9, 2023

Consumer Duty, a set of rules aimed at enhancing consumer protection in the financial services sector, came into force in July 2023. The Financial Conduct Authority’ s (FCA’s) new rules mean that firms selling financial products now have to meet much higher standards.

Consumer 111

Consumer Financial Literacy Regulations AI 111

PYMNTS

MAY 8, 2017

government agency, authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act passed in 2010 under the Obama administration, and its director Richard Cordray have been criticized for overextending their authority. “We The controversial U.S.

CFPB 48

CFPB Consumer Financial Protection Bureau (CFPB) Authorization Consumer Protection 48

Neopay

OCTOBER 11, 2024

The Financial Conduct Authority (FCA) recently published the findings from its review of how payment firms have implemented the Consumer Duty (the Duty), which came into force on July 31, 2023, for open products and services. Governance and management information Good governance is critical to delivering the Duty’s outcomes.

Consumer 52

Consumer Assessments Payments Compliance 52