The Payments Association

NOVEMBER 12, 2024

Independent UK law firm Burges Salmon has announced the appointment of partner Martin Cook as the new head of the firm’s significant and fast growing Financial Services sector.

Cross-Border 88

Cross-Border Disputes Legal Laws 88

Fintech News

DECEMBER 18, 2024

This initiative aims to advance sustainable development across ASEAN by aligning environmental, social, and governance (ESG) metrics. During the meeting in February 2024, the exchanges formalised their collaboration by establishing a governance structure and operational plan. trillion (US$73.3

FinTech 114

FinTech Law Enforcement Financial Literacy Innovation 114

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.

Laws 88

Laws Governance Government Payments 88

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.

Governance 112

Governance Government AI Regulations 112

Fintech News

FEBRUARY 10, 2025

The transition comes at a critical time, with Thailand facing economic challenges and policy tensions between the government and the Bank of Thailand (BOT). By law, the panel must submit a shortlist of candidates at least 90 days before the current governors term ends.

Bots 76

Bots Central Bank Governance Government 76

The Fintech Times

DECEMBER 9, 2024

The CFPBs decision The CFPB, which enforces federal consumer financial protection laws, announced its decision to supervise Google Payment Corp last Friday. The tech giant argues that the move, which the CFPB says is aimed at addressing potential consumer risks, constitutes regulatory overreach.

Consumer Financial Protection Bureau (CFPB) 75

Consumer Financial Protection Bureau (CFPB) CFPB Regulations Legal 75

The Payments Association

FEBRUARY 10, 2025

On 6 November 2024, the government released its guidance to organisations on the offence of failure to prevent fraud , introduced as part of the Economic Crime and Corporate Transparency Act 2023 (ECCTA). While the law primarily targets large firms, smaller businesses may also face scrutiny depending on their activities.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

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. This could slow innovation and hike costs.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 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.

Government 78

Government Governance Laws AI 78

VISTA InfoSec

SEPTEMBER 30, 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.

CCPA 130

CCPA Privacy Laws Data Breach 130

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.

CCPA 130

CCPA Privacy Laws Data Breach 130

The Fintech Times

APRIL 7, 2025

In the anti-fraud strategy, Innovate Finance advocates for a data-sharing approach across sectors, regulators and the law enforcement industry, to industrialise the UKs use of technology to spot and stop fraud and enable all financial firms to access and use these solutions. per cent of all reports received.

Law Enforcement 40

Law Enforcement Innovation Finance Origination 40

Fintech Finance

MARCH 17, 2025

The upcoming VAT law , effective July 1, 2025, underscores the increasing need for efficient, transparent, and compliant financial management solutions. Vietnam’s dynamic business environment presents both challenges and opportunities for businesses. “Visa is committed to driving financial inclusion and innovation in Vietnam.

Digital Payments 66

Digital Payments Payment Solutions Financial Inclusion Payments 66

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.

Data Breach 130

Data Breach Breach Governance Government 130

Fintech Finance

OCTOBER 30, 2024

Our Distinguished Speakers line-up: Abbas Khamisa, Head of Treasury Solutions, Global Banking at MUFG Investor Services Alessandra D’Este, Senior Payments Expert, EMEA at Swift Amrit Toor, Solutions Architect at Cloudflare Andrea Moundi Savvides, Global Director of Risk and Compliance (Harneys) and Chair and Founding Member of the Cyprus Compliance (..)

Compliance 98

Compliance AML Money Laundering Payments 98

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.

Treasury 141

Treasury Rules Bitcoin Ransomware 141

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.

Regulations 111

Regulations BNPL Product Consumer Protection 111

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.

Law Enforcement 165

Law Enforcement Laws Technology Identity Theft 165

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.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

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.

Rules 52

Rules Governance Government Laws 52

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.

Money Laundering 120

Money Laundering Law Enforcement Financial Crimes Due Diligence 120

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.

P2P 126

P2P Law Enforcement Audit Non-Bank 126

The Fintech Times

FEBRUARY 28, 2025

” Thoughtful governance and proactive risk management Charles Nerko, team leader for data security litigation in Barclay Damon LLP There is a misconception that as AI learns from data, it will be impossible for it to make mistakes. “Keeping pace with evolving laws is another challenge.

AI 97

AI Regulations Best Practices Risk 97

The Fintech Times

FEBRUARY 10, 2025

The country has introduced a law, effective May 2025, that requires companies to report carbon emissions. Applicable to all sectors, including free zones, the law sets penalties for noncompliance, encourages research and development and promotes carbon trading through a dedicated registry.

Laws 69

Laws Transactions Continuity Accounts 69

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.

Governance 59

Governance Government Due Diligence Audit 59

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.

Audit 130

Audit Compliance Laws Governance 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.

Fincen 111

Fincen Suspicious Activity Report (SAR) Money Laundering SARS 111

The Payments Association

MARCH 18, 2025

But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. For payments firms, this opens doors to alternative credit scoring, smarter risk assessment, and deeper customer engagementbut also significant challenges around governance and trust. reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Fintech Finance

FEBRUARY 13, 2025

Zelle will continue to lead the way in the fight against scams as a founding member of the Aspen Institute National Task Force for Fraud & Scam Prevention, an effort launched last year to bring together stakeholders across industry, government, and law enforcement to share intelligence and help society stay one step ahead of scammers.

Zelle 86

Zelle Credit Union Scams Small Business 86

The Fintech Times

FEBRUARY 4, 2025

However, in recent decades, the government has engaged in efforts to diversify the economy to include other agricultural products, as well as non-agricultural sectors such as tourism and natural resources like oil, gas, and gold. Historically, Senegals economy has centred around agriculture, particularly peanuts.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

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.

Blocks 120

Blocks Governance Government Laws 120

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.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

The Fintech Times

JANUARY 10, 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 Secures FCA Payment Institution Licence, With Plans to Help UK Merchants Scale Globally appeared first on The Fintech Times.

Payments Institute 59

Payments Institute Security Alternative Payment Methods Cross-Border Payments 59

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.

Federal Trade Commission 116

Federal Trade Commission FTC Request for Comment Laws 116

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.

Privacy 130

Privacy Audit Data Breach Breach 130

Fintech News

JULY 21, 2024

OJK acknowledges the valuable input from these stakeholders and is refining the LPBBTI industry regulations as part of its mandate under Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK).

P2P 113

P2P Caps Consumer Protection Risk Management 113

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.

Governance 64

Governance Government Scams Non-Bank 64