The Payments Association

FEBRUARY 14, 2025

Firms should be prepared for more onerous record-keeping and reporting requirements and factor in the costs of additional compliance obligations, including holding client funds under statutory trust. Regulatory compliance : Staying compliant with open banking regulations is crucial.

Stablecoins 88

Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

Innovative Payments Association

AUGUST 29, 2024

With the growing legalization of cannabis across the U.S., However, one major challenge that cannabis businesses face is banking compliance. To navigate the complex world of cannabis banking compliance, businesses must develop a strong compliance program. the industry is booming.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. With regulations constantly evolving, a monitoring plan ensures that businesses remain compliant and avoid any potential penalties or legal issues. Absolutely.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

The Payments Association

OCTOBER 11, 2024

The reforms aim to address weaknesses in safeguarding practices, reduce consumer fund risks, and enhance regulatory compliance, particularly in preventing fund shortfalls. External audits : Mandatory annual audits by qualified, independent auditors will become the norm, aimed at verifying firms’ compliance with safeguarding rules.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

The Fintech Times

SEPTEMBER 4, 2024

“Even with agile teams and tools, changes can be disruptive, especially when legislation hasn’t yet caught up with technology” But it’s not just falling foul of regulatory rules that teams need to be wary of. ” The post What are the Biggest Challenges Facing Compliance Teams?

Compliance 64

Compliance Rules Regulations Laws 64

PYMNTS

SEPTEMBER 25, 2019

Know Your Customer is another area of compliance friction for these companies, added Wales, as money laundering and terrorist financing become more significant threats to the borrowing and lending space. Which brought Wales to the final major challenge industry players face in the compliance realm: data management.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

FloQast

APRIL 12, 2024

This section provides the name of the law firm that approved the legality of your registration statement. By understanding the form’s requirements and meticulously preparing your documentation, you can confidently navigate this process. Interests of named experts and counsel. Information with respect to the registrant.

Underwriting 52

Underwriting Indemnification Due Diligence Legal 52