Payments Source

DECEMBER 10, 2018

The Bank of England is upgrading the U.K.’s s Real-Time Gross Settlement (RTGS) system. Separately, the U.K. payments authority, Pay.UK, is developing a New Payments Architecture that will upgrade Britain’s Faster Payments real-time retail system.

Real Time Gross Settlement (RTGS) 103

Real Time Gross Settlement (RTGS) Real Time Payments Regs Faster Payments 103

Payments Source

AUGUST 14, 2019

Payment companies have made substantial investments into new identity rules in Europe, but the deadline has become a moving target with different agencies offering conflicting or unclear guidance.

Regs 85

Regs Authentication Rules Payments 85

PYMNTS

JUNE 29, 2020

As the fallout from Wirecard ’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial Times reported.

Regs 88

Regs Accounts Regulations Authorization 88

Bank Automation

AUGUST 21, 2024

regs have led it […] regulators are starting to look at the European Union’s Digital Operational Resilience Act, and are monitoring the resiliency and business continuity plans of critical industry enterprises, a trend that is leading to new transactions.

Regs 81

Regs Transactions Business Continuity Automation 81

Tom Groenfeldt

DECEMBER 13, 2018

Data privacy regs in Europe provide standards for banks and FinTech to share data, with a customer's consent, so they can offer tailored solutions.

Regs 74

Regs Regulations Privacy FinTech 74

PYMNTS

FEBRUARY 12, 2018

In addition to most of the Reg A+ IPOs losing investors’ money last year, the average float of these stocks was 15 percent, which is much lower than the 34 percent float for all IPOs listed in U.S. That makes the Reg A+ IPOs hard to trade and thus more prone to volatility, noted the report.

Regs 40

Regs Rules Laws Regulations 40

FICO

SEPTEMBER 19, 2022

Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F. Reg F isn't a hurdle to adjust to and live with. It's an opportunity to improve the way you interact and engage with your customers. Embrace it. FICO Admin. Tue, 07/02/2019 - 02:45. by Cyril Cherian. expand_less Back To Top. Mon, 09/19/2022 - 15:00.

Regs 52

Regs Consumer Financial Protection Bureau (CFPB) CFPB Rules 52

PYMNTS

NOVEMBER 11, 2020

Alibaba ’s Singles Day performance on Wednesday (Nov. 11) shows that the Chinese consumer is back — big time. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. 11 (“11-11”) in China and some other countries — saw online sales explode past last year’s sales totals.

Regs 95

Regs NOV Law Enforcement Economy 95

PYMNTS

SEPTEMBER 12, 2016

The Securities and Exchange Board of India (SEBI) is placing pressure on the nation’s alternative lending space in a notice issued earlier this month, reports said on Friday (Sept. SEBI is questioning the legality of equity crowdfunding platforms that startups use to raise funds.

Regs 74

Regs Federal Reserve Legal Regulations 74

Payments Source

FEBRUARY 5, 2020

Firms will need to adjust to ISO 20022 and new SWIFT rules as data protection takes center stage, says says ACI Worldwide's Craig Ramsey.

ISO 20022 80

ISO 20022 Regs ISOs SWIFT 80

Payments Source

FEBRUARY 5, 2018

Today: Lloyds bars credit cards for bitcoin; Santander builds new DLT payments hub; UPS applies for bitcoin locker patent; Mnuchin calls for international cryptocurrency regs; EU blockchain group forms. The information you need to start your day, from PaymentsSource and around the Web.

Regs 71

Regs Bitcoin Credit Cards Cryptocurrency 71

PYMNTS

DECEMBER 31, 2018

Some popular apps for Android smartphones are feeding data to Facebook without user consent, which could be a breach of the European Union’s (EU’s) General Data Protection Regulation ( GDPR ).

Regs 75

Regs Breach Data Breach Regulations 75

PYMNTS

JUNE 29, 2020

Wirecard Forces ‘Radical’ Reboot Of German Accounting Regs. In today’s top news, Germany’s deputy finance minister wants to restructure accounting firm regulations, and consumers are turning away from travel rewards cards. Plus, the Federal Deposit Insurance Corp. FDIC) is looking to modernize bank reporting.

Regs 56

Regs FDIC Accounts Consumer 56

PYMNTS

OCTOBER 24, 2016

Hong Kong is again pushing for more multinational corporate treasurers to call the city home with a new initiative by local regulators. Reports Friday (Oct. 21) said authorities in Hong Kong have launched a campaign to promote mainland China treasurers to establish headquarters in Hong Kong as they look for global expansion.

Regs 68

Regs Government Governance Authorization 68

Payments Source

AUGUST 21, 2019

Today: Visa fights Indian regs; MoviePass suffers a breach; M&A sparks payment deal record; Square hires a crypto experts; Acorns draws celebrity investors. The information you need to start your day, from PaymentsSource and around the Web.

Regs 69

Regs Breach Payments 69

Payments Source

JANUARY 17, 2020

Criminals will react to the EU legislation by changing their modus operandi, says Nets' Sune Gabelgard.

Regs 70

Regs Risk ISOs Payments 70

Payments Source

OCTOBER 15, 2018

The information you need to start your day, from PaymentsSource and around the Web: India's payment regs, Westpac's wearables; New Zealand debunks bitcoin claim; and more.

Regs 67

Regs Bitcoin Payments 67

Payments Source

MARCH 2, 2018

Retailers and payment service providers will need to report on at least a quarterly basis on performance against the reference fraud rates, writes Matthew Attwell, Risk & Client Services director at The ai Corporation.

Regs 73

Regs Authentication Payments AI 73

Payments Source

MAY 17, 2018

For cryptocurrency entrepreneurs in particular, many of whom are just developing the anti-money laundering programs they are required to have under other FinCEN rules, the CDD rule is worth taking note of, writes Laurel Loomis Rimon, senior counsel at O'Melveny & Myers LLP.

Fincen 71

Fincen Cryptocurrency Regs Money Laundering 71

Payments Source

AUGUST 7, 2017

Under PSD2, banks are expected to admit all vetted comers, but how they will connect to them is up to the individual parties, writes Raz Rafaeli, CEO of Secret Double Octopus.

Regs 71

Regs Payments Payments Data ISOs 71

Payments Source

SEPTEMBER 20, 2018

ICO regs; ANZ debuts cardless ATMs. The information you need to start your day, from PaymentsSource and around the Web. Today: Cashierless stores are set to grow quickly; Westpac adds Siri payments; Hacks at Newegg and government servers; MPs push for U.K.

Regs 67

Regs ATM Governance Government 67

Payments Source

DECEMBER 13, 2018

Traditional compliance data handling tools and procedures are mostly not efficient enough to handle the mounting data in the right way, which makes the analysis extremely difficult, writes Srinivasan Pandurangan is senior manager of business consulting at Virtusa.

Compliance 80

Compliance Regs Procedures Consulting 80

Payments Source

MARCH 11, 2019

fintech opens to cross-border payments; Singapore tackles tech regs; and more. The information you need to start your day, from PaymentsSource and around the Web: Amazon leads Google in voice commerce; U.K.

Regs 64

Regs Cross-Border Payments Cross-Border FinTech 64

Payments Source

MAY 8, 2017

The Durbin Amendment is on the chopping block , which could reverse years of savings for merchants and consumers.

Regs 60

Regs Blocks Consumer Debit Card 60

Payments Source

APRIL 23, 2018

Today: All four major card brands are on board with a single online "button"; EU tightens prepaid and cryptocurrency regs; PayByPhone appoints a new CEO; Ireland preps to be a Brexit landing spot. The information you need to start your day, from PaymentsSource and around the Web.

Regs 65

Regs Cryptocurrency 65

PYMNTS

FEBRUARY 18, 2019

As far as eCommerce drama goes, the running tension that defines the relationships among the European Union and U.S.-based based companies such as Amazon, Facebook and Google has little competition. Now comes the next chapter in the story: An effort by the EU to crack down on what it views as harmful, monopolistic online marketplace practices.

Regs 58

Regs Rules Regulations Privacy 58

Payments Source

MAY 2, 2018

cryptocurrency firms ask for more regs; Circle boosts its security; Philadelphia adds transit payments tech; Lots of Americans use cards just for the loyalty points. The information you need to start your day, from PaymentsSource and around the Web. Today: U.K.

Regs 63

Regs Cryptocurrency Security Payments 63

PYMNTS

JANUARY 24, 2020

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation.

Regs 67

Regs AI Privacy Regulations 67

Payments Source

AUGUST 13, 2018

Consumers generally approve of GDPR’s goals of tightening data-protection and consumer privacy, and more than half would consider fleeing to another provider if they suspected corporations were unclear in their communications or intentions about gathering data.

Privacy 63

Privacy Regs Consumer Risk 63

PYMNTS

MARCH 18, 2020

The Federal Deposit Insurance Corporation ( FDIC ) is setting new regulations for FinTechs and industrial banks that will enhance transparency and establish record-keeping requirements, the agency said on Tuesday (March 17).

FDIC 57

FDIC Regs FinTech Rules 57

Payments Source

AUGUST 2, 2018

Today: Allied Wallet's CEO reportedly makes big political donations and skirts bank regs; Indian central bank pressures Paytm on AML; Grab's prepping another $1 billion raise; Google Pay adds another market; FSA tightens rules for FX marketing. The information you need to start your day, from PaymentsSource and around the Web.

Regs 63

Regs AML Central Bank Rules 63

Payments Source

JULY 7, 2020

Technology has helped banks expand globally, but complying with country-specific laws restricting data flows is a constant struggle.

Regs 74

Regs Privacy Laws Technology 74

Payments Source

OCTOBER 16, 2019

With policymakers casting doubt on Facebook's cryptocurrency and some of the social media giant's partners pulling out, a Federal Reserve governor continued the drumbeat of criticism.

Federal Reserve 68

Federal Reserve Regs Cryptocurrency Continuity 68

Payments Source

FEBRUARY 14, 2019

A group of state regulators has signed off on 14 recommendations, developed by the fintech industry, aimed at streamlining multistate licensing and supervision.

Regs 62

Regs FinTech Regulations 62

Payments Source

JANUARY 14, 2019

As the payment industry continues to innovate and expand across borders, it increasingly will need to be mindful of data regulations requiring data localization that multiply the complexities and cost of creating a seamless data flow and user experience, Alston & Bird’s Richard Willis and Laura K. Song write.

Regs 67

Regs Privacy Rules Regulations 67

PYMNTS

APRIL 10, 2020

With the newest effort to direct more funding its most susceptible business vertical, China’s banking regulator said it would begin to watch the level of support lenders are providing to smaller companies that are encountering difficulties.

Assessments 60

Assessments Regs Finance Mitigation 60

Payments Source

JANUARY 26, 2017

Today: Digital currency advances in China; Australia embraces blockchain for bonds; Germany pushes stable fintech regs; Scotiabank invests in AI. The information you need to start your day, including top headlines from PaymentsSource and around the Web.

Regs 60

Regs Digital Currency Blockchain AI 60