Neopay

JULY 2, 2024

The Financial Conduct Authority (FCA) recently published the results of a multi-firm review focusing on outcomes monitoring under the Consumer Duty. Overview of the review The FCA’s review aims to ensure that firms are effectively monitoring and achieving good consumer outcomes as required by the Consumer Duty.

Consumer 52

Consumer Compliance Regulatory Compliance Assessments 52

The Fintech Times

JULY 31, 2024

The evolving nature of fintech regulations requires platforms to be agile, constantly updating their compliance strategies to align with new laws and guidelines. Balancing regulatory compliance with innovation is critical to maintaining the trust of users and regulators alike.”

Compliance 63

Compliance AML Regulations Due Diligence 63

Neopay

JUNE 3, 2024

In recent years, the process of obtaining authorisation from the Financial Conduct Authority (FCA) has become increasingly stringent. Regulatory compliance : Assess the target firm’s regulatory history. This includes: Regulatory reporting : Confirming that the firm has consistently met its reporting obligations.

Due Diligence 52

Due Diligence Acquirers Regulatory Compliance Regulations 52

Segpay

DECEMBER 7, 2023

The main objectives of the DSA are to: Ensure high-level protection for users’ fundamental rights online, such as freedom of expression, privacy, data protection, non-discrimination, and consumer protection. Ensuring transparency and accountability of algorithms. Empowering users to customize their preferences.

Compliance 52

Compliance Privacy Regulatory Compliance Data Security 52

The Payments Association

OCTOBER 11, 2024

The Financial Conduct Authority’s (FCA) proposed reforms to strengthen consumer fund safeguarding in the payments and e-money sectors. The reforms aim to address weaknesses in safeguarding practices, reduce consumer fund risks, and enhance regulatory compliance, particularly in preventing fund shortfalls.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

Fintech News

FEBRUARY 26, 2024

While a majority view their regulatory landscape as adequate, with 63% of surveyed fintechs rating it favourably (with 36% even lauding their regulatory environment as a major supporting factor of their operational growth in recent years), a considerable segment finds aspects of regulatory compliance, licensing, and registration to be burdensome.

FinTech 138

FinTech Consumer Financial Inclusion On-Demand 138

PYMNTS

OCTOBER 17, 2019

Authorities Demand Accounting Details From Germany’s Wirecard. The company said for a digital currency to be successful, it must provide not only consumer protections and stability but regulatory compliance as well. How Pre-Authorization Risk Checks Are Payments Wave Of The Future.

PayPal 40

PayPal Visa Blockchain Digital Currency 40

PYMNTS

MARCH 29, 2019

million in fines for violations of the Telephone Consumer Protection Act, which covers robocalling and other related activities — but federal authorities have managed to collect only $6,790 worth of penalties. Here’s the skinny, courtesy of the Wall Street Journal : Since 2015, the FCC has levied $208.4

Consumer Protection 51

Consumer Protection Regulatory Compliance Authorization Fed 51

FICO

JANUARY 4, 2018

Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. fraud alerts) in accordance with the 1991 Telephone Consumer Protection Act (TCPA). Follow this blog for our 2018 insights into risk analytics and regulatory compliance.

Risk 58

Risk Posting Credit Risk Regulatory Compliance 58

PYMNTS

APRIL 28, 2016

The agency, she said, is using the rules on the biggest market participants “to really expand its supervisory authority, including over emerging lenders, and the statute allows for that.”. As of right now, marketplace lenders have no direct federal supervisor, though they are still subject to FTC and CFPB consumer protection laws.

CFPB 40

CFPB Consumer Protection Regulatory Compliance FTC 40

The Fintech Times

SEPTEMBER 19, 2024

Bahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialisation.” Crypto.com continues to expand its global presence, now serving over 100 million users worldwide.

Payment Service Provider (PSP) 99

Payment Service Provider (PSP) Security Regulatory Compliance Payments 99

Fintech Finance

SEPTEMBER 19, 2024

Bahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialisation,” said Eric Anziani, President and COO of Crypto.com. “We

Central Bank 100

Central Bank Service Provider Payment Service Provider (PSP) Regulatory Compliance 100