The Fintech Times

JANUARY 22, 2024

UK businesses will need to meet new standards following the Financial Reporting Council (FRC)’ s “small but important” revisions to the UK Corporate Governance Code. The post Enhanced Transparency: FRC’s Overhaul of UK Corporate Governance Code appeared first on The Fintech Times.

Government 59

Government Governance Due Diligence Audit 59

The Paypers

FEBRUARY 1, 2023

The UK government has revealed its plans to fully regulate crypto asset activities as part of the UK’s efforts to become a global crypto hub.

Government 41

Government Governance Regulations 41

The Fintech Times

APRIL 8, 2024

Here, Sinead McHale , CEO of Satago , the cloud-based cash flow management and invoice finance solution, discusses whether the government’s stance on late payments goes far enough for SMEs. How is the government currently supporting SMEs? The post Support for SMEs: Has the Government Gone Far Enough?

Government 59

Government Governance Economy Small Business 59

The Fintech Times

MAY 15, 2024

In a move to bolster cybersecurity and protections for AI models against hacking and sabotage, the UK government has officially unveiled a host of new measures, which also hope to set a new global standard. The codes set out requirements for developers to make products more resilient against tampering, hacking, and sabotage.

Cybersecurity 72

Cybersecurity AI Government Governance 72

Finextra

APRIL 2, 2024

The governments of the UK and US have signed what they claim is the first international bilateral agreement to regulate the risks of artificial intelligence (AI) models.

Agreements 116

Agreements Regulations AI Governance 116

The Paypers

JUNE 6, 2024

The EBA has worked on shaping the regulatory landscape for crypto assets by publishing three regulatory products on governance, conflicts of interest, and remuneration under MiCAR.

Government 36

Government Governance Product Regulations 36

The Paypers

JUNE 6, 2024

The EBA has worked on shaping the regulatory landscape for crypto assets by publishing three regulatory products on governance, conflicts of interest, and remuneration under MiCAR.

Government 36

Government Governance Product Regulations 36

PYMNTS

DECEMBER 20, 2020

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

Government 111

Government Governance Disputes Regulations 111

PYMNTS

DECEMBER 16, 2020

Government agencies fall among the cohort of institutions that need to disburse funds with more speed than usual, but they’re tasked with sending stimulus checks and business loans to the financially vulnerable, making the stakes higher for those who fail to quickly respond to these pandemic-driven changes.

Government 93

Government Governance IRS Push-to-Card 93

The Fintech Times

FEBRUARY 2, 2024

It suggests that the UK government will need to engage with the nuances of open-source technology and open innovation and listen to its community. ” The post OpenUK Calls for UK Government to Take Advantage of ‘Key Opportunity’ by Backing AI Innovation appeared first on The Fintech Times.

AI 64

AI Government Governance Innovation 64

Finextra

FEBRUARY 20, 2024

In August 2023, the Government released a discussion paper asking for feedback from organisations to inform its policy development options for regulating screen scraping practices.

Government 45

Government Governance Regulations 45

Core

OCTOBER 16, 2023

For government agencies, a revenue report is not just a financial document. It’s a strategic tool to guide budgetary decisions, resource allocation, and long-term government planning—ultimately contributing to the overall efficiency of government operations. Here’s how.

Government 52

Government Governance Procedures Mitigation 52

Fintech News

JUNE 5, 2024

Australia will introduce new legislation to amend the Credit Act, requiring Buy Now, Pay Later (BNPL) providers to hold an Australian credit license and comply with existing credit laws regulated by the Australian Securities and Investments Commission (ASIC). If it looks and acts like credit, then it should be regulated as such.

Regulations 96

Regulations BNPL Product Consumer Protection 96

The Paypers

SEPTEMBER 9, 2024

As part of the government’s 2024-2027 National Strategy for AML, CFT, and Proliferation Financing, the United Arab Emirates (UAE) has introduced new regulations to mitigate financial crime.

Financial Crimes 41

Financial Crimes AML Crime Regulations 41

FICO

DECEMBER 9, 2020

AI governance is a hot topic and FICO’s chief analytics officer Scott Zoldi recently published an article in InformationWeek explaining why boards of directors need to pay close attention to artificial intelligence. Board oversight and government regulation of AI is necessary. by Scott Zoldi.

Government 52

Government Governance AI Regulations 52

PYMNTS

OCTOBER 8, 2020

The government of the Philippines is considering limiting the number of digital banks that operate in the country, Bloomberg News reported on Thursday (Oct. The consideration of potential limits is part of a policy review process that could produce new regulations governing digital banks by the end of the calendar year, the report noted.

Government 52

Government Governance Central Bank Cryptocurrency 52

Innovative Payments Association

JANUARY 18, 2024

In the latest episode of the IPA Payments Pod , the IPA’s CEO Brian Tate, and its COO, Ben Jackson, discuss the current state of regulation and what is coming in 2024. They also discuss how the election might affect the regulators’ plans for the rest of the year. ​ This podcast was recorded on January 11, 2024.

Government 52

Government Governance Regulations Payments 52

FICO

DECEMBER 16, 2021

A few weeks back I had the pleasure of participating in a LinkedIn Live broadcast with Scott Zoldi, FICO’s Chief Analytic Officer on the topic of model governance & artificial intelligence. When it comes to good model governance, ensuring complete and robust model documentation is very important. Document, document, document!

Government 52

Government Governance AI Participant 52

Finextra

JUNE 21, 2024

The MiCA regulation has established a unanimous law to govern and regulate crypto assets. The regula.

Regulations 52

Regulations Laws Governance Government 52

PYMNTS

MAY 16, 2020

The patent application indicates that Visa would deploy the system in partnership with government central banks, which it referred to as “central entities” in the filing. A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A A central entity may implement a monetary policy and issue currency.

Government 128

Government Governance Blockchain Request for Comment 128

The Paypers

SEPTEMBER 2, 2021

A poll for Euronews has found that a majority of Europeans want their own governments to regulate cryptocurrency while a growing number would also support the creation of national digital currencies.

Cryptocurrency 34

Cryptocurrency Government Governance Regulations 34

Innovative Payments Association

NOVEMBER 17, 2023

A number of new regulations have been proposed that could shape how companies operate at the federal and state levels. In th e latest episode of the IPA Payments Podcast , Brian Tate, the IPA’s CEO, and COO Ben Jackson discuss the latest proposed regulations that care coming out of Washington.

Government 40

Government Governance CFPB Fed 40

FICO

JANUARY 6, 2021

As regulators apply greater pressure on lenders to explain every decision, even those made using AI and machine learning, banking leaders worldwide are seeking a more advanced approach to model governance.

Government 52

Government Governance Regulatory Compliance Compliance 52

Innovative Payments Association

DECEMBER 21, 2023

The regulators seem to want to put coal in the stockings of payments companies this year. Over the past few weeks, regulators have released a variety of regulations that could reshape the payments industry and have plans for more in the new year. We also talk about what the regulators say is on their agenda for 2024.

Government 40

Government Governance Regulations Rules 40

Fintech News

FEBRUARY 27, 2024

2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.

APACS 104

APACS Regulations Stablecoins Cryptocurrency 104

PYMNTS

JANUARY 24, 2020

To create a framework for the international governance of cryptocurrencies, the World Economic Forum (WEF) has reportedly formed a worldwide consortium.

Government 52

Government Governance Digital Currency Cryptocurrency 52

PYMNTS

JANUARY 25, 2021

The prohibition is part of a larger legal reform that also bans government officials from opening accounts at foreign banks. They could become a “safe-haven asset” and used for asset diversification in investor portfolios if they can overcome volatility, regulation, trust and reputation challenges, according to the report.

Government 104

Government Governance Bitcoin Cryptocurrency 104

The Paypers

SEPTEMBER 21, 2021

The Australian Government has announced considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet’s Google.

Government 31

Government Governance Regulations Laws 31

Innovative Payments Association

AUGUST 15, 2024

As a result, regulators are now taking a closer look at how AI is being used in FinTech and are working to establish guidelines and regulations to ensure that AI is being used responsibly and ethically. One of the key issues that regulators are focusing on is the transparency and explainability of AI algorithms.

Boot Camp 52

Boot Camp Regulations AI FinTech 52

PYMNTS

OCTOBER 8, 2019

New regulation principles to govern digital currencies are in the works by the European Union’s finance commissioner after fears ignited by Facebook’s planned Libra coin launch, Reuters reported on Tuesday (Oct. The EU largely rejected regulations on cryptocurrency until Libra was announced in June.

Government 69

Government Governance Multi-Currency Stablecoins 69

PYMNTS

JANUARY 13, 2021

government will allow Americans to keep investing in Chinese tech firms Alibaba , Tencent and Baidu after the economic impact of banning them was deemed greater than any threats, The Wall Street Journal reports. Also in China, Jack Ma's Ant Group is facing government pressure to scale down and focus only on its payment businesses.

Government 57

Government Governance Treasury Rules 57

TechCrunch Fintech

JANUARY 3, 2024

In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust approach and Chinese-style government surveillance, alarming executives and investors in the world’s most populous market.

Governance 106

Governance Government Regulations Continuity 106

PYMNTS

JANUARY 24, 2019

The United States government is raising concerns about India’s eCommerce regulations that go into effect on Feb. government has told Indian government officials that the new rules will harm the investment plans of Amazon.com and Walmart, Inc. The rule also prevents them from inking exclusive deals with sellers.

Rules 55

Rules Government Governance Regulations 55

Innovative Payments Association

JUNE 26, 2024

Regulators are facing a deadline for any new rules that they want to put in place, but that deadline isn’t the election, or even the inauguration of a new president. It requires federal agencies to submit any major rule to the Government Accounting Office and to both houses of Congress before the rule goes into effect.

Regulations 52

Regulations Rules Laws Government 52

FICO

JULY 30, 2021

This blog captures the extended conversation around “ Diversity and Governance: AI Breaks into the Boardroom, ” FICO’s recent LinkedIn Live broadcast featuring Dr. Scott Zoldi , Chief Analytics Officer at FICO and Vanessa Colella , Chief Innovation Officer of Citi, Head of Citi Ventures and Head of Citi Productivity. . by Scott Zoldi.

AI 52

AI Government Governance Innovation 52

Global Fintech & Digital Assets

NOVEMBER 16, 2023

Recognizing new realities in decentralization, the regulations aim to provide market players with governance flexibility within distributed ledger technology foundations. The Regulations were published on November 1, 2023. Latham & Watkins has advised ADGM in drafting the Regulations. What are DLT Foundations?

Regulations 52

Regulations Technology Distributed Ledger Technology (DLT) Audit 52

The Fintech Times

SEPTEMBER 12, 2024

However, it is key not to forget the role of the regulator. Despite this, the UK regulator didn’t hand out any fines or punishments, prompting us to ask if tougher penalties or consequences would lead to better outcomes. Should regulators impose tougher penalties on firms that fail to comply?

Compliance 59

Compliance Regulations Financial Crimes Non-Bank 59