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. Employees using the technology need to know how to do so legally and ethically.”

Cybersecurity 72

Cybersecurity AI Government Governance 72

The Fintech Times

FEBRUARY 13, 2024

Following the news, government organisations are now able to purchase Moneyhub services through the DPS. Through its work with clients such as Nationwide , Lloyds Banking Group , Standard Life , Legal & General , as well as hundreds of others, Moneyhub has proven the benefits of open banking and account-to-account payment solutions.

Government 59

Government Governance Legal Small Business 59

PYMNTS

DECEMBER 23, 2019

Businesses and government institutions are adapting to instant payments as more consumers are requesting them. The latest PYMNTS Disbursement Satisfaction Report revealed that more than 24 percent of government disbursements were made through instant rails in 2019. Legal system complexities stall instant payment adoption.

Legal 52

Legal Instant Payments Checks Settlement 52

PYMNTS

MARCH 20, 2020

And while retailers are most likely not liable for any legal exposure, there are legal and ethical issues presented by the current crisis that need retail attention regardless of size and legal expertise. “If A sweep of legal advice columns shows that adequate warnings are sufficient when the risks are considered obvious.

Legal 70

Legal Best Practices Laws Government 70

PYMNTS

JUNE 11, 2020

The COVID-19 pandemic has upended the way businesses and government agencies verify their customers’, clients’ and citizens’ identities. Businesses and government entities can then use biometric data to match them with their official documents in their databases and verify their identities. Digital Innovation, Legal implementation.

AML 74

AML Legal Compliance Verification 74

PYMNTS

DECEMBER 9, 2020

French ski resorts are mounting a legal challenge against the government’s order to keep ski lifts closed at resorts this holiday season. In response to the closures, the French government plans to announce additional financial support for the ski industry on Wednesday (Dec.

Legal 94

Legal Authorization Economy Checks 94

Fintech News

JANUARY 9, 2024

The government’s aim with this initiative is to invigorate Thailand’s economy, the second-largest in Southeast Asia, targeting a growth rate of at least 5% annually. This plan, a centerpiece of the ruling Pheu Thai party’s election campaign, involves disbursing approximately US$14.3

Central Bank 114

Central Bank Legal Government Governance 114

PYMNTS

JANUARY 5, 2021

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. However, Epiq officials said in the release that recent government financial aid will help those numbers. consumers and businesses afloat,” said Kruse, per the release. “The

Government 63

Government Governance Legal Economy 63

PYMNTS

DECEMBER 20, 2019

Retailers and other customer-facing platforms adapted alongside the internet to offer these payment innovations, but legal firms still view many of these methods with trepidation. Legal disbursements are tricky, even for the simplest of payouts, because they need full verification before going to potential claimants.

Legal 52

Legal Checks Settlement ACH 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. Even if their volatility lessens, cryptocurrencies face a great challenge in procuring acceptance from national governments, the report stated.

Government 104

Government Governance Bitcoin Cryptocurrency 104

Payments Source

JUNE 3, 2018

With regulations, users rest easy knowing that the exchange isn't going to get shut down for ignoring basic legal responsibilities and duties, writes Nate Flanders, co-founder and CEO of Mandala Exchange. People need to know their money is safe.

Cryptocurrency 107

Cryptocurrency Government Governance Legal 107

PYMNTS

JANUARY 23, 2019

3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Now, at least eight states have some form of legal online sports betting, with more states moving toward that goal.

Legal 57

Legal Wires Wire Rules 57

PYMNTS

DECEMBER 26, 2018

The government of India is reportedly considering the legalization of digital currencies, with some restrictions, per CoinDesk. It needs to be legalized with strong riders.” In other news, Bank Of America may be looking into using blockchain technology for automated teller machines (ATMs), CoinDesk reported.

Legal 72

Legal ATM Cryptocurrency Blockchain 72

PYMNTS

OCTOBER 17, 2018

Canada became the first country to legalize recreational use of pot on Wednesday (Oct. Following the close of a century-long ban, Canadian adults can now smoke pot without facing any legal ramifications. Meanwhile, British Columbia only has one store that is government-owned, which is 220 miles from Vancouver, its biggest city.

Legal 51

Legal Crime Government Governance 51

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

APRIL 12, 2018

Wurk , a startup providing software for legal marijuana enterprises, announced new investment to the tune of $3.2 The company provides its customers with legal payroll services to link them to the financial services space. We’ve partnered with institutions that can move money legally for payroll.”.

Legal 46

Legal Payroll Laws Small Business 46

The Fintech Times

MAY 21, 2024

million people) are classed as ‘digital ghosts’, lacking sufficient financial records to pass identity verification needed for accessing financial and government services, according to a new report. Legal protections for minors and immigration data also restrict access to verification sources.

Verification 59

Verification Identity Theft Legal Financial Literacy 59

Fintech News

JUNE 12, 2024

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments. It’s also important to make sure the benefits are shared fairly between countries sending and receiving money.

Cross-Border Payments 91

Cross-Border Payments Cross-Border Interoperability Payments 91

PYMNTS

AUGUST 23, 2019

To help advise its financial services business as one global team, Walmart has added two new global governance leaders. Rodriguez will provide legal advice and counsel to the company’s financial services teams. The executive comes to the retailer from Capital One , where he most recently served as vice president of compliance.

Government 59

Government Governance Compliance Regulatory Compliance 59

PYMNTS

NOVEMBER 19, 2019

The government of India has the legal right to monitor and decrypt digital information on citizens’ devices, TechCrunch reported Tuesday (Nov. Reddy’s remarks were prompted after a lawmaker asked if the government had pried into people’s conversations on WhatsApp and other digital messaging apps.

Laws 40

Laws Government Governance NOV 40

Fintech Finance

JULY 16, 2024

These reports take forward priority actions under the G20 Roadmap to address legal, supervisory and regulatory frictions in cross-border payments to help achieve the quantitative targets in 2027. In response to these changes, legal, regulatory and supervisory frameworks that govern PSPs have had to rapidly adapt and evolve.

Cross-Border Payments 74

Cross-Border Payments Cross-Border Consulting Regulations 74

PYMNTS

SEPTEMBER 25, 2017

WeChat, the Chinese messaging app owned by Tencent, confirms it provides information about users to the Chinese government. In order to continue using the app, users must accept the privacy policy, which now states that a significant amount of data will be shared with the government in order to comply with laws and regulations.

Government 56

Government Governance Consumer Privacy 56

Innovative Payments Association

SEPTEMBER 16, 2024

This guide offers a detailed look at the critical legal and regulatory issues that banks and fintechs must address. The guide is not meant to replace legal advice but to offer a framework to help companies develop comprehensive compliance programs, which protect both their interests and those of their partners and customers.

Regulatory Compliance 52

Regulatory Compliance Compliance FinTech Financial Inclusion 52

The Paypers

OCTOBER 29, 2018

(The Paypers) The government of Ukraine has announced the plans to legalize cryptocurrencies within three years and create clear conditions for cryptocurrency-related businesses in the country.

Legal 28

Legal Cryptocurrency Government Governance 28

The Paypers

MAY 19, 2023

The government of Pakistan has announced that cryptocurrencies will never be legal in the country in a bid to prevent illegal digital currency transactions.

Cryptocurrency 78

Cryptocurrency Digital Currency Legal Government 78

PYMNTS

SEPTEMBER 15, 2016

Japan’s government is pointing the finger at Apple and Google, alleging that the two tech giants are violating the country’s anti-monopoly law. Japan’s government has shined a light on the tech industry more recently. The government said it “should monitor the situation” and may conduct an onsite investigation.

Government 62

Government Governance Laws Blocks 62

PYMNTS

MARCH 6, 2019

From cannabis legalization to the federal shutdown, government actions are reshaping financial circumstances for consumers and businesses alike. How PenFed Kept Financial Doors Open During the Government Shutdown. During the recent 35-day government shutdown, CUs like D.C. To read the full Deep Dive, download the Tracker.

Shutdown 53

Shutdown Government Governance Credit Union 53

PYMNTS

DECEMBER 30, 2020

22, according to legal documents filed in the U.S. Legal counsel for those named in the suit — Ripple Labs, CEO Bradley Garlinghouse and Executive Chairman and Co-founder Christian Larsen — were called to appear in an online pretrial conference with Judge Analisa Torres. . District Court of the Southern District of New York.

Legal 130

Legal Settlement Cryptocurrency Bitcoin 130

VISTA InfoSec

SEPTEMBER 15, 2023

For minors , consent must be procured from the parent or legal guardian. By contacting Data Fiduciary or Consent Manager Legitimate Uses: The Act acknowledges certain legitimate uses that do not require separate consent, including cases where data is willingly provided or collected as part of a legal obligation. Clause 6(7), DPDP Act.)

Data Breach 130

Data Breach Breach Government Governance 130

Fintech News

APRIL 15, 2024

The investigation was led by a special committee under Temenos’ Non-Executive Chairman Thibault de Tersant and supported by legal and forensic experts from Schellenberg Wittmer Ltd, Sullivan & Cromwell LLP, and Alvarez & Marsal Switzerland LLC.

Legal 83

Legal Audit Non-Bank Research 83

NFCW

NOVEMBER 29, 2023

During the Luxembourg-based pilot the two government bodies will test the effectiveness and Europe-wide compatibility of a national digital ID wallet for storing and using mobile driving licences, accessing eGovernment services, opening a bank account and remote document signing.

Online and Mobile Banking 82

Online and Mobile Banking Use Case Government Governance 82

PYMNTS

FEBRUARY 21, 2018

Governments may not be too keen on bitcoin, but blockchain is another story. In fact, government authorities have begun to help fuel the proliferation of blockchain across the world. Local officials are hoping to use blockchain to improve public services and boost transparency. On the federal level, the U.S.

Government 52

Government Governance Blockchain Central Bank 52

VISTA InfoSec

OCTOBER 26, 2023

SOX establishes regulations around financial reporting, mandates internal control audits, and strengthens corporate governance. public companies and foreign entities doing business in America, making it integral to today’s Governance, Risk and Compliance environment. It applies to all U.S.

Audit 130

Audit Compliance Laws Government 130

Fintech News

FEBRUARY 25, 2024

This recommendation comes after a thorough evaluation of Zipmex’s operations, highlighting concerns regarding the company’s compliance with legal financial standards and the sufficiency of its management structure. Zipmex clients seeking to recover their assets can reach out through the company’s official channels.

Legal 87

Legal Returns On-Demand Laws 87

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Part of the impetus comes from the fact that sports betting is legal in 19 states, though mobile betting is only allowed in 13 of them.

Online and Mobile Banking 43

Online and Mobile Banking Government Governance Legal 43

PYMNTS

JULY 12, 2020

Following receipt of a mutual legal assistance treaty from German authorities, the Garda National Economic Crime Bureau began a search under warrant at a financial services provider with a business premises in Dublin city centre today, Thursday, July 9,” the GNECB press office said in a statement.

Government 62

Government Governance Law Enforcement Money Laundering 62

The Fintech Times

JANUARY 22, 2024

CEO Steve McIntosh commented: “The Cayman Islands Government and financial services industry share a solid commitment to ensuring that our jurisdiction meets global standards while protecting the rights of investors, asset managers, and other clients. “The André Ebanks. “My

AML 59

AML Due Diligence Money Laundering Government 59