Neopay

JANUARY 2, 2024

In an exclusive interview with Neopay’s Consultancy Manager, Margita Layne, we delve into the pivotal role of internal and external monitoring in ensuring regulatory compliance within the financial services sector. Additionally, Neopay tests various files to ensure that processes align with regulatory and internal requirements.

Regulatory Compliance 59

Regulatory Compliance Compliance Audit Procedures 59

The Payments Association

FEBRUARY 16, 2024

Banks and finserv companies have a significant task in 2024 when it comes to building and retaining consumer trust. As it turns out, there’s a disconnect between what banks think threatens trust and what customers say threatens trust. Read more

Regulatory Compliance 88

Regulatory Compliance Compliance Consumer Regulations 88

VISTA InfoSec

JUNE 26, 2024

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth.

Cybersecurity 256

Cybersecurity Due Diligence Security Risk Management 256

Fintech News

OCTOBER 29, 2024

.” Gemini has recently made strategic leadership hires in Singapore, including appointing Saad Ahmed as Head of APAC earlier this year to drive regional strategy and regulatory compliance. The company is expanding its team in Singapore to support its growth and ensure adherence to local regulations.

APACS 112

APACS Regulatory Compliance Cross-Border Payments 112

The Payments Association

JUNE 26, 2024

Regulatory compliance, particularly in data protection and consumer rights, remains essential. Adhering to regulations such as GDPR and maintaining open communication with authorities ensures long-term trust and success.

Digital Payments 110

Digital Payments Fraud Detection Regulatory Compliance Encryption 110

Fintech News

MAY 12, 2024

Christopher Chye Christopher Chye, CEO of XREX Singapore said, “Our engagements with the MAS have repeatedly shown us why they are internationally revered as a leading central bank and financial regulator. With this license in hand, XREX Singapore will endeavour to bring blockchain-enabled digital payment currencies to ubiquity.”

Cross-Border 113

Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 113

Fintech News

AUGUST 11, 2024

Thailand’s digital asset sandbox aims to foster innovation in the capital market while ensuring regulatory compliance through a flexible framework. Following a public hearing in May, which gathered feedback from various stakeholders, the SEC finalised the regulations.

Regulatory Compliance 119

Regulatory Compliance Participant Advisors Adjustments 119

Fintech News

JUNE 11, 2024

Ripple, a provider of enterprise blockchain and crypto solutions, has finalised its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian, after securing necessary regulatory approvals.

Stablecoins 112

Stablecoins Acquirers Regulatory Compliance Central Bank 112

Finovate

AUGUST 26, 2024

Governance, risk, and compliance platform Themis has partnered with regulatory compliance company Sei. The partnership integrates Sei’s marketing compliance engine into Themis’ platform to enable financial institutions to maintain marketing compliance across all channels.

Compliance 111

Compliance AI Regulatory Compliance Consumer Protection 111

The Payments Association

OCTOBER 24, 2024

Cross-border payments are transforming rapidly with evolving regulations and technological advancements. provides a robust solution to companies that balance compliance, security, and operational efficiency. As businesses navigate the complexities of global trade, DigiDoe Ltd.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Regulatory Compliance Fraud Detection 88

Fintech News

FEBRUARY 28, 2024

Regulatory compliance has always been a top priority for us. With this in-principle approval, we’re pleased to move a step closer to our vision of providing a comprehensive and regulated OTC trading solution that supports a wide range of digital payment tokens and fiat currencies for our clients,” said Li Liang, CEO of HashKey OTC.

Accreditation 118

Accreditation Regulatory Compliance Settlement Digital Payments 118

Fintech Finance

NOVEMBER 14, 2024

Fraud prevention and regulatory compliance are the major challenges facing the industry When asked about the top challenges expected for the year ahead, fraud prevention topped the list, with 63% of respondents identifying it as a primary concern.

Regulatory Compliance 94

Regulatory Compliance Payment APIs and Integration Cross-Border Payments Fraud Prevention 94

Fintech Review

JULY 2, 2024

Furthermore, AI enables proactive risk management by predicting potential compliance issues before they escalate. This predictive capability allows firms to implement preemptive measures, thereby mitigating risks and maintaining regulatory compliance more effectively.

Compliance 98

Compliance Regulatory Compliance AI Interoperability 98

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform.

Transactions 113

Transactions Security Deepfake Travel Rule 113

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

Cryptocurrency 139

Cryptocurrency Stablecoins Money Laundering Regulatory Compliance 139

Fintech Finance

OCTOBER 7, 2024

These findings are particularly concerning given the tighter regulations both financial and technology institutions face regarding third-party supplier risk management in their digital operations. While 70.1% of respondents reported mitigating risks through standard supplier management processes, only 14.3%

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

The Fintech Times

AUGUST 10, 2024

This initiative is timely as global attention on AI compliance intensifies, with new regulations in Asia as well as Europe highlighting the need for secure and ethical practices in the financial industry. It describes it as the first Traditional Chinese large language model developed to comply with global AI governance standards. .”

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

Fintech Finance

SEPTEMBER 24, 2024

The solution is compliant with Instant Payment Regulation, supporting payment institutions to match the normative requirements. Moreover, the partnership is poised to foster innovation, strengthen security, and ensure compliance with evolving European regulations, including PSD3 and the Payment Services Regulation (PSR).

Payee 98

Payee Verification IBAN Regulatory Compliance 98

The Payments Association

JULY 16, 2024

Enhancing the FCA’s complaints reporting process aims to swiftly identify consumer harm, improve regulatory compliance, and streamline operations for financial firms. Read more

Process 88

Process Regulatory Compliance SWIFT Compliance 88

VISTA InfoSec

JUNE 3, 2024

If your company has ever worked with businesses in European Union countries, you probably had to follow the EU’s General Data Protection Regulation (GDPR). It mandates strict compliance requirements for organizations that process personal data, regardless of their location. PCI PIN and PCI DSS: Standards for securing payment card data.

MFA 130

MFA Credential PCI DSS Compliance 130

NFCW

JULY 3, 2024

Apparel DPPs are gaining momentum ahead of regulations, especially among sports brands. “Forward-thinking brands will use DPPs to identify supply chain issues, reduce overproduction, verify compliance and authenticity, and create branded resale ecosystems.”

Product 87

Product Regulatory Compliance Compliance Authentication 87

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fintech News

MARCH 6, 2024

With this approval, Bitstamp bolsters its global regulatory footprint with a total of 52 licenses and registrations worldwide. This supports our compliance-forward proposition and belief in the need for sensible regulation to underpin the next wave of economic value and mainstream adoption.”

Security 105

Security APACS Regulatory Compliance Compliance 105

The Fintech Times

DECEMBER 9, 2024

The announcement was made as BitOasis has satisfied all relevant regulatory conditions and requirements posed by VARA. VARA launched as a regulator in 2022, with BitOasis being one of the first platforms to secure a provisional operating permit. “We are grateful to VARA for their guidance and support throughout this process.

Regulatory Compliance 75

Regulatory Compliance Regulations Security Service Provider 75

Fintech Finance

JULY 24, 2024

Building scalable risk, compliance, privacy and security frameworks for an organisation of this size and intricacy is a really exciting opportunity for me and I’m looking forward to working with the team to build and further refine our approach.” Security : Implementing new solutions to support staying ahead of evolving threats.

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

Fintech News

MARCH 12, 2024

. “By combining our global resources with our local knowledge and expertise, we intend to be a long-term participant that brings transparency and access to our customers, while upholding best practices in both regulated and innovation-driven industries,” said the OKX President.

Cross-Border 115

Cross-Border Regulatory Compliance Best Practices Cryptocurrency 115

The Fintech Times

JUNE 17, 2024

By expanding access to advanced machine learning at financial institutions, we can help more lenders grow their bottom lines, while ensuring regulatory compliance and driving financial inclusion.” “Today’s findings indicate that we can successfully improve credit decisioning using AI that benefits both lenders and borrowers alike.

AI 105

AI Regulatory Compliance Financial Inclusion Rules 105

Fintech Finance

JANUARY 22, 2024

Fintech Galaxy, licensed by the Central Bank of Bahrain and certified by Saudi Payments, leverages its robust FINX platform for top-notch security, regulatory compliance, and user-friendly Open Banking capabilities.

FinTech 92

FinTech Payment APIs and Integration Regulatory Compliance Gateways 92

Finextra

JULY 8, 2024

At EBAday 2024, Erik Alstromer, Head of Product Europe and New Markets, Form3, comments on how financial institutions spend the majority of their time and resource on regulatory compliance and keeping up with their competitors.

Innovation 52

Innovation Regulatory Compliance Regulations Compliance 52

The Fintech Times

JANUARY 14, 2024

AFC’s diverse members represent a cross-section of responsible fintech companies that embrace transparency and are rooted in regulatory compliance and consumer protection. EWA is not a loan and should not be regulated as such,” said Goldfeder in his remarks before the committee. Earned wage access or loan?

Regulatory Compliance 64

Regulatory Compliance Consumer Protection Compliance Regulations 64

Fintech News

MARCH 3, 2024

In her new role at FOMO Group , Cindy will be essential in advancing the company’s compliance infrastructure, ensuring adherence to the diverse regulatory landscapes of the jurisdictions in which the company operates. She has previously served as the Chief Control Officer at Bank J.

Compliance 107

Compliance AML Money Laundering Regulatory Compliance 107

The Fintech Times

MARCH 25, 2024

This debate has become more complex and nuanced in the context of open finance, where aligning technology investments with key objectives such as regulatory compliance, secure data management, and enhancing customer interactions takes precedence.

Finance 115

Finance Regulatory Compliance Compliance On-Demand 115

Fintech Review

OCTOBER 1, 2024

These protocols are integral to combating financial crime and ensure regulatory compliance. However, in 2024, the focus is shifting from merely adhering to regulations to enhancing customer experience and trust. Technology will play a key role in helping financial institutions navigate this complex regulatory environment.

AML 98

AML Verification Research Consumer 98

The Fintech Times

SEPTEMBER 23, 2024

Recognising this, the financial services sector is calling out for clearer and proportionate regulations surrounding AI and ESG to help them realise the benefits these trends offer, according to new survey data from global law firm, DLA Piper. Both ESG and innovation will be key to business success long into the future.”

AI 59

AI Regulations Fraud Detection Regulatory Compliance 59

Fintech Finance

JANUARY 11, 2024

It explores the challenges faced by financial institutions in correspondent banking relationships, shedding light on regulatory compliance, security concerns, foreign exchange rate risks, and the impact of fintech players entering the field.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Open Banking Excellence

JULY 9, 2024

In my conversations with Open Banking Excellence, it is clear to me that by sharing the Kazakh experience and journey with regulators and the like, we can learn from each other to promote the digital economies of all of our countries. Regulator-led Pilot Focused on Open API Infrastructure Our pilot launched on Nov.

API 147

API Payment APIs and Integration Participant Regulations 147

Neopay

JANUARY 15, 2024

One of the imminent challenges on the horizon is the anticipated changes to regulations concerning Authorised Push Payment (APP) fraud. The UK’s Payment Services Regulator (PSR) is in the process of finalising new regulations that will significantly impact PSPs using the Faster Payments Service (FPS).

Regulations 52

Regulations Fraud Prevention Mitigation Regulatory Compliance 52