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PYMNTS
APRIL 1, 2020
Washington State Governor Jay Inslee signed a bill on Tuesday (March 31) establishing specific rules – backed by Microsoft – governing facial recognition software, according to a blog by Bill Smith, president of Microsoft. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.
121 
Payments Dive
AUGUST 30, 2024
States began passing laws friendly to the industry in 2023 and have continued to pursue them this year, even after the federal government weighed in with a stricter standard.
109 
Fi911
JANUARY 4, 2024
What Laws Govern Chargebacks in the US? The development of the chargeback system was initially a response to policies set by the US federal government. The post Chargeback Rules: What Laws & Regulations Govern the Dispute Process? These are some of the key pieces of legislation and regulation.
87 
Finextra
SEPTEMBER 20, 2024
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
75 
The Fintech Times
FEBRUARY 7, 2024
The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.
112 
Payments Dive
OCTOBER 25, 2024
“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.
88 
Finextra
SEPTEMBER 6, 2024
UK, US and EU among the signatories on the Council of Europe’s Framework Convention on artificial intelligence and human rights, democracy, and the rule of law.
78 
VISTA InfoSec
OCTOBER 21, 2024
To overcome these challenges, data protection laws are established. Data protection laws safeguard personal information and establish important guidelines on collection, storage, processing, sharing and disposal of personal data. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.
130 
VISTA InfoSec
SEPTEMBER 15, 2023
For data processed for any function under any law or judgment issued under law. Clause 6(1) empowers the Central Government to limit personal data transfer by Data Fiduciaries to specific foreign countries or territories. Clause 6(2) ensures that this provision doesn’t override stricter Indian laws governing data transfer.
130 
PYMNTS
DECEMBER 18, 2020
18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. The rationale for the new regulations, as the government laid out in the Federal Register, is that "U.S. Treasury Department proposed sweeping new rules late Friday (Dec.
141 
Neopay
APRIL 22, 2024
The UK’s company law landscape underwent significant changes with the enactment of the Economic Crime and Corporate Transparency Act, effective from 4th March 2024. The post Changes to UK company law appeared first on Neopay. Here is a summary of what you need to know about the new measures.
52 
Payments Source
SEPTEMBER 27, 2020
And the best solution may be rooted in technology, not law enforcement. Since July, Visa has noticed an uptick in unemployment insurance fraud with prepaid cards being used as a key disbursement vehicle.
165 
Finextra
SEPTEMBER 19, 2024
The Government and FCA announce plans to reform UK retail disclosure rules, and will temporarily exempt investment trusts from assimilated EU law requirements.
52 
Core
FEBRUARY 6, 2024
As pillars of the public, government organizations contribute to the stability and functionality of society, ensuring citizens receive necessary support, protection, and opportunities for growth. Digital payments are now an integral piece of the government financial landscape. Here are some key insights.
PYMNTS
AUGUST 14, 2020
China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans unpaid. Regulators and law enforcement will try their best to recoup the money, he told China Central Television Friday (Aug. 14), per the report.
126 
VISTA InfoSec
JULY 17, 2024
Keep your systems updated with global cybersecurity governance standards. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. You need to know these laws well because they affect how you manage cybersecurity when dealing with multiple languages.
231 
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.
59 
The Fintech Times
MARCH 26, 2024
is calling for new laws to force domain registrars to do more to prevent scam banking ‘copycat’ websites appearing in the first place; after it revealed that over 2,000 of these suspected sites were reported in 2023. The UK government is currently consulting on new powers to seize domains used for criminal purposes.
64 
VISTA InfoSec
OCTOBER 26, 2023
federal law passed in 2002 to protect investors from fraudulent financial activities. SOX establishes regulations around financial reporting, mandates internal control audits, and strengthens corporate governance. The Sarbanes-Oxley Act (SOX) is a U.S. It applies to all U.S. It applies to all U.S. SOX, a U.S.
130 
PYMNTS
SEPTEMBER 21, 2020
A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. government appears unable to stop it. Of those, at least four went on to break the law again and get fined. FinCEN, a division of the U.S. told the news outlet. told the news outlet.
111 
Open Banking Excellence
SEPTEMBER 27, 2024
Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. Nevertheless, it is essential to review and complement the existing legislation with complementary laws to fully unleash the potential of this ecosystem.
PYMNTS
OCTOBER 4, 2020
A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action would hurt users, be contrary to established law and cost billions of dollars, WSJ reported after seeing the document. The FTC didn’t immediately respond to a WSJ request for comment.
VISTA InfoSec
SEPTEMBER 28, 2023
This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Be an individual responsible to the Board of Directors or similar governing body of the Significant Data Fiduciary. These measures ensure lawful, transparent processing of personal data while maintaining privacy.
130 
Fintech Review
OCTOBER 22, 2024
As digital assets become more widespread, taxation laws are being shaped and adapted to accommodate them. Governments are still grappling with how best to tax digital assets, creating regulatory hurdles and uncertainties for taxpayers globally. While some countries have clear frameworks in place, others are still playing catch-up.
Fintech Finance
JANUARY 8, 2025
The company has built strong partnerships with governments globally, ensuring that it operates securely and in full compliance with local laws. The post dLocal Announces Expansion of Offering to UK Merchants With New Authorised Payment Institution License and Partnership With ICC appeared first on FF News | Fintech Finance.
PYMNTS
DECEMBER 20, 2020
The suggestion was made by Lou Jiwei, the country's former finance minister and now an advisor to the government, Reuters reported. Jiwei's remarks come against a backdrop of the government's cancellation this fall of what was expected to be a record-setting initial public offering (IPO) by Jack Ma's Ant Group.
102 
Fintech News
OCTOBER 6, 2024
In timely detection, the committee emphasizes better information sharing between government agencies and private sector gatekeepers. A key initiative to strengthen detection efforts is the development of NAVIGATE, a new whole-of-government (WOG) data-sharing platform.
The Fintech Times
AUGUST 23, 2024
Recognising the potential of digital technology to drive economic development, the government has been proactive in promoting digitalisation. A significant milestone occurred in January last year when the Parliament passed the Investment Banking Law, paving the way for the establishment and operation of investment banks within the country.
115 
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). The new laws aim to balance consumer protection with innovation and competition.
85 
The Payments Association
MARCH 26, 2024
As the crypto market continues to innovate and grow, governments and regulators around the world are struggling to keep pace. The constantly shifting policy and regulatory landscape is also challenging for crypto businesses to navigate—particularly for firms seeking to operate in the UK where cryptoasset rules remain in flux.
PYMNTS
JULY 27, 2020
. $66,800 was swindled from a government entity in New Zealand following a cyberattack at one of its vendors , according to the New Zealand Herald. Reports said the government paid 100,600 New Zealand dollars ($66,800) into that account. Irish law enforcement reportedly arrested two men in connection to the case.
101 
Open Banking Excellence
MAY 2, 2024
The rights and obligations of the National Bank of Georgia as the central bank of the country, the principles of its activity and the guarantee of its independence are defined in the Organic Law of Georgia on the National Bank of Georgia. In addition, the NBG is the banker and fiscal agent of the government.
147 
The Fintech Times
APRIL 19, 2024
We’ve heard from parents, teachers, industry bodies and organisations on this debate but now the Government must listen to these young voices and prioritise the practical money skills they need – and want- to navigate the adult world successfully.”
59 
Fintech Finance
SEPTEMBER 20, 2024
The government has unveiled new measures to support small businesses and the self-employed by tackling the scourge of late payments, which is costing small businesses £22,000 a year on average and leads to 50,000 business closures a year. We know there’s a lot more to be done, but today we are calling time on late payers once and for all.
PYMNTS
OCTOBER 16, 2020
In May 2019, the government took over Baoshang Bank in the first seizure of its kind in almost 20 years. The People’s Bank of China (PBOC) set the terms for commercial banks to seek bankruptcy, while outlining actions for lenders to follow as they aim to leave the market or reorganize through its first changes to the law as of 2015.
112 
The Fintech Times
OCTOBER 18, 2024
In contrast, fintech companies must adopt a forward-looking approach that integrates KRIs with traditional key performance indicators (KPIs) to ensure robust financial governance. Governance risks are tied to the company’s ability to comply with relevant laws and regulations.
108 
PYMNTS
DECEMBER 30, 2020
The SEC also said in the filing that an international law firm told Ripple that it wasn’t likely that XRP could be considered a currency because it’s not backed by a central government and therefore not legal tender.
130 
Fintech News
JANUARY 14, 2024
The decision by Google comes on the heels of a crackdown by the Indian government’s Financial Intelligence Unit (FIU) which had recently issued show cause notices to nine crypto firms. Following the footsteps of Apple Inc. Among the affected crypto firms are Binance, OKX, Kraken, Huobi, Gate.io, Bittrex, and Bitfinex.
101 
PYMNTS
AUGUST 17, 2020
A group that says it represents 850,000 pharmacists in India wants the government to shut down Amazon’s new pharmaceutical delivery service in the country. The letter is addressed to Amazon CEO Jeff Bezos, India Prime Minister Narendra Modi and other government officials in the country.
100 
The Fintech Times
JUNE 11, 2024
The fight against fraud requires coordinated action across multiple government departments and business sectors. The next government must prioritise fraud by appointing a fraud minister who can drive the urgent actions needed across government and business to finally turn the tide. Additionally, Which?
69 
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.
77 
VISTA InfoSec
JUNE 21, 2023
Be sure to familiarize yourself with state laws, which your legal counsel will be able to help with. The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. Generally speaking, however, seeking advice and reporting incidents as soon as possible is best.
130 
PYMNTS
DECEMBER 29, 2020
The actions Corellium took, according to Bloomberg, were an exception to copyright law because the company created a "new, virtual platform for iOS and adds capabilities not available on Apple’s iOS devices,” a Tuesday (Dec. 29) ruling by West Palm Beach District Court Judge Rodney Smith said.
113 
Stax
DECEMBER 2, 2024
Several new laws seek to ban “drip pricing” or “junk fees,” and their uncertain meaning has resulted in confusion among merchants and acquirers. What are drip pricing laws? This language is from California’s “Honest Pricing Law,” also known as SB 478 , which went into effect on July 1, 2024.
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