Cardfellow

JUNE 14, 2025

Then, in the summer of 2017, Visa stepped up a “war on cash” by offering businesses money to go cashless. Colorado Connecticut Delaware Massachusetts Montana New Jersey Oregon Rhode Island Tennessee Additionally, 4 cities have similar rules: New York City Philadelphia San Francisco Washington, D.C.

Credit Cards 88

Credit Cards Debit Card Push-to-Card Transactions 88

The Payments Association

MARCH 18, 2025

The UK, which implemented its open banking framework in 2017, has since moved towards a market-driven evolution, with the Joint Regulatory Oversight Committee (JROC) overseeing the transition to a more self-regulated open finance ecosystem. As of 2023, account-to-account (A2A) transactions in the U.S. reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Payments Association

JANUARY 22, 2025

CP24/20 outlined the proposed interim and end-state rules in September 2024, and interested parties will have provided their feedback accordingly. Unsurprisingly, this proposal aligns the loosely adopted Payments Services Regulations 2017 (PSRs) and E-Money Regulations 2011 (EMRs) regime with the CASS regime.

Assessments 88

Assessments Reconciliation Audit Rules 88

Finextra

JULY 13, 2025

Monzo obtained a UK banking license with restrictions in 2016 and, after rigorous testing, had those restrictions lifted in April 2017 – officially becoming “a fully authorised, unrestricted bank”. Regulatory milestones came quickly. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Payment APIs and Integration 52

Payment APIs and Integration Debit Card Origination Credit Cards 52

Neopay

FEBRUARY 5, 2025

This latest communication is particularly relevant to firms authorised under the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs), including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and Registered Account Information Service Providers (RAISPs).

Fraud Prevention 52

Fraud Prevention Financial Crimes Compliance Payments 52

Finextra

JULY 21, 2025

This has increased from 91% in 2022 to 92% in 2024, which is a major slowdown in adoption in comparison to 84% in 2020 and 63% in 2017. However, what might come as a surprise is that there’s only been a 1% increase in people who made a contactless payment using a debit or credit card or mobile phone. Please read our Privacy Policy.

Payments 59

Payments Privacy Digital Payments Authorization 59

Finextra

JUNE 6, 2025

billion in 2017 to $1.85 Current Market Performance The financial performance of major players reveals interesting trends: Temenos : £3.9 billion market cap, £940 million revenue (2024), 5% annual growth over three years, with 66% revenue from high-margin maintenance contracts. billion (2023). Please read our Privacy Policy.

Technology 52

Technology Instant Payments Authorization Scams 52

Finextra

JULY 22, 2025

We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre. Please read our Privacy Policy.

Payment APIs and Integration 52

Payment APIs and Integration Authorization API Research 52

Finextra

JULY 8, 2025

This update follows a comprehensive multi-firm review, a public consultation (GC24/4), and recent amendments to the 2017 Money Laundering Regulations. Adyen – Comparing Product Stacks and Pricing 06 July Now Hiring All companies Welcome to Finextra. We use cookies to help us to deliver our services. Please read our Privacy Policy.

Money Laundering 52

Money Laundering Due Diligence Risk Risk Assessment 52

Finextra

JULY 9, 2025

Moller-Maersk, he led the company’s end-to-end technology transformation and was instrumental in restoring operations following the world’s largest cyberattack in 2017. Launched in 2017, the board program leverages Vista’s ecosystem and additional resources to identify, train and appoint qualified board candidates for its portfolio companies.

Authorization 52

Authorization Privacy Research API 52

Finextra

JULY 3, 2025

Launched in 2017 by Alexandre Prot and Steve Anavi, Qonto combines business banking with financial tools including invoicing, bookkeeping, and spend management. Business banking platform Qonto applies for banking licence French neobank Qonto has applied for a banking licence after reaching 600,000 customers across Europe.

Payment APIs and Integration 75

Payment APIs and Integration Privacy Compliance Regulations 75

Finextra

JULY 3, 2025

Founded in 2017, Coinstash currently serves more than 48,000 users and offers access to Australia’s largest range of digital assets, including Bitcoin, Ethereum and 1,000+ cryptocurrencies. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre. Please read our Privacy Policy.

Cross-Border Payments 52

Cross-Border Payments Authorization Cryptocurrency Cross-Border 52

Fintech Labs Insights

FEBRUARY 20, 2025

Financial services might not have the most number of regulations ( manufacturing wins that crown with 217,000 ), but there is no industry where so much of their day-to-day operations are governed by ever-changing rules, guidance and industry standards. They even have their own acronyms (KYC, AML, etc).

NOV 12

NOV FinTech Credit Union Fed 12

The Payments Association

OCTOBER 23, 2024

On 25 September 2024, the UK Financial Conduct Authority (FCA) published its long-awaited Consultation Paper (CP24/20) setting out proposed changes to the safeguarding rules applicable to electronic money institutions (EMIs) and payment institutions (PIs) (together, payments firms). See our previous Sidley Update on that review.

Rules 88

Rules Payments Institute Authorization Reconciliation 88

PYMNTS

MARCH 20, 2020

The sources also told Reuters that social media companies that capitalize on advertising and user data could also be impacted by the new rules. . One of the policy rules requires that companies comply with information requests by law enforcement within three days, sources said. The new rules were expected to be enforced this month.

Rules 73

Rules Law Enforcement Laws Regulations 73

PYMNTS

JANUARY 22, 2019

Could it be that the CFPB, under new Executive Director Kathy Kraninger , will be moving directly to eliminate the more controversial provisions of its payday lending rule? Last October, the CFPB announced it would “revisit” the rules. Sources now report that the CFPB has decided to eliminate the provision entirely.

Rules 61

Rules CFPB Underwriting Regulations 61

PYMNTS

DECEMBER 4, 2018

The Federal Trade Commission announced Tuesday (December 4) it is seeking comment on whether the agency should make changes to rules requiring financial institutions and creditors to take certain steps to detect signs of identity theft affecting their customers. The deadline for submitting comments is February 11, 2019.

Identity Theft 64

Identity Theft FTC Rules Card Issuer 64

PYMNTS

OCTOBER 15, 2018

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. From a high-level view, the industry handled $1.2 GDPR Fines Loom.

Regulations 68

Regulations Privacy Reporting Requirements Laws 68

The Fintech Times

MARCH 28, 2024

Sumsub , a global full-cycle verification and compliance provider, has completed the integration of its Travel Rule solution with Binance , the crypto exchange platform, through the Global Travel Rule (GTR) Alliance. Ensuring interoperability in the crypto space Founded in 2017, Binance has been among Sumsub’s clients since 2021.

Travel Rule 64

Travel Rule Rules Interoperability Verification 64

PYMNTS

OCTOBER 8, 2018

The time for rules-based systems has past, and the time for artificial intelligence (AI)-based systems — or, as Adjaoute said, “the real AI” — is here. According to Adjaoute, the rules-based systems they are using are “pretty much useless.” Making Results Match Efforts. These aren’t tiny one-offs, Adjaoute told Webster.

Rules 76

Rules AI Money Laundering AML 76

PYMNTS

MARCH 8, 2020

A French court has decided that bitcoin is money, the first time a court in France has issued such a ruling, according to a report from Les Echos Sunday (March 8). The result of the ruling could lead to more activity in the French bitcoin market. In 2017, Bitcoin hard forked, creating Bitcoin Cash, a new cryptocurrency.

Bitcoin 112

Bitcoin Law Enforcement Cryptocurrency Rules 112

PYMNTS

OCTOBER 24, 2018

Rules of thumb are useful — until they aren’t. Thumbs Down On Rules Of Thumb? For example, he pointed to the commonly held rule of thumb that some days — notably, the days that cluster around holidays and spikes in shopping activity — should see more fraudulent activity than others. To that end, Sift Science said Tuesday (Oct.

Rules 63

Rules Account Takeovers Fraud Prevention Risk 63

PYMNTS

DECEMBER 16, 2019

The company has been accused of affecting housing shortages, forcing out lower income residents and not playing by the same rules by which others must abide. That was when the judge asked for clarification from the CJEU, which is expected to rule on Dec. This does not mean, however, that a ruling in Airbnb’s favor is guaranteed.

Rules 52

Rules Laws Regulations Authorization 52

The Fintech Times

JULY 27, 2024

After the Competition and Markets Authority (CMA), the UK competition regulator, revealed four UK high-street banks have failed to comply with banking rules designed to keep customers safe, we ask if tougher penalties or consequences are required. ” HSBC, Lloyds, TSB and AIB all received public letters regarding the breaches.

Rules 59

Rules Breach Non-Bank Regulations 59

Fintech News

MAY 8, 2024

MAS has been cautioning the public about these risks since 2017 and restricted cryptocurrency advertising in public spaces in January 2022. ” Lawrence Wong Wong concluded, “We also remind those who trade cryptocurrencies that MAS’ rules and regulations cannot prevent monetary losses arising from such activities.

Addressing 119

Addressing Stablecoins Monetary Loss Cryptocurrency 119

PYMNTS

JUNE 16, 2020

With respect to Apple Pay, the EU wants to determine whether Apple is violating rules by limiting access other firms have to its Near Field Communication (NFC) functionality. I have therefore decided to take a close look at Apple’s App Store rules and their compliance with EU competition rules.”. percent we found did so in 2017.

Rules 90

Rules Money Laundering Online and Mobile Banking Contactless Payments 90

The Payments Association

OCTOBER 22, 2024

The current safeguarding requirements are contained in the Payment Services Regulations 2017 (“PSRs”) and the Electronic Money Regulations 2011 (“EMRs”). It is, therefore, critical that segregation rules are designed to complement insolvency law, such as PESAR, and it is not currently clear how this will be ensured for the FCA’s proposals.

Consulting 88

Consulting Rules Treasury Due Diligence 88

PYMNTS

DECEMBER 1, 2019

Judge Lucy Koh ruled in May that Qualcomm, the world’s largest supplier of mobile phone chips, is a monopoly and has to change the way it does business. The legal saga started in 2017 when the FTC accused Qualcomm of operating a monopoly and charging exorbitant licensing fees. 29), Reuters reported. Trade groups representing the U.S.

CHIPS 97

CHIPS FTC Legal NOV 97

Neopay

JULY 18, 2024

The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.

Travel Rule 52

Travel Rule Money Laundering Rules Finance 52

PYMNTS

SEPTEMBER 9, 2020

has acknowledged the European Commission (EC) has opened an investigation into the company’s eWallet rules. But Visa changed its rules for certain digital wallets, called “staged” digital wallets. Starting in April 2017, Visa said it would charge 10 cents for these transactions. percent and 10 cents per transaction.

eWallet 89

eWallet PayPal Rules Credit Cards 89

PYMNTS

JANUARY 7, 2021

In terms of digital assets owned before the rule was put into place, the report stated it will depend on the higher amount between either the market price or the actual acquisition price at the end of the year. Bitcoin's price is now over double the all-time high of $19,783 reached during the bull market run in 2017.

Bitcoin 110

Bitcoin Rules Acquirers Posting 110

PYMNTS

JANUARY 26, 2021

MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report. Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported.

Wire Transfer 97

Wire Transfer Blockchain Wire Wires 97

PYMNTS

MAY 12, 2020

The partnership will allow Finacle’s blockchain tech, called Finacle TradeConnect, to be integrated with Traydstream’s platform, which uses AI to scan documents and cut down the time it takes to check on rules or regulations in trade, where mistakes can be costly and time-consuming to correct.

AI 85

AI B2C Blockchain Automation 85

PYMNTS

OCTOBER 9, 2020

Consumer Finance Protection Bureau (CFPB)n released regulations in 2017 that are now being readjusted. In July, one rule was removed that restricted the amount that lenders could give borrowers based on their ability to pay.

Direct Deposit 101

Direct Deposit CFPB Venmo Faster Payments 101

PYMNTS

SEPTEMBER 14, 2017

Those that fail to follow the rules will be subject to “warnings, fines and other administrative penalties,” although no specifics were given. The ministry will also be liable for disposing of threats under the new rules, which will take effect on January 1.

Database 69

Database Cybersecurity Rules Governance 69

PYMNTS

JANUARY 9, 2019

The requests from those parties to dismiss the case came after an appellate court in the state ruled that merchants have the right to levy the charges, and the tally of states with such bans in place has now dropped to six. The court ruled that such terms could range from surcharge to “extra cost.”. What’s in a name, then?

Credit Cards 80

Credit Cards Rules Caps Laws 80

PYMNTS

OCTOBER 19, 2020

In mass retail, we're all looking for the most efficient possible shopping experiences, and that's where Amazon rules.” . Stefanova also plans to invest in improvements to the BSPK platform, which was launched in 2017. “This is where there is a very big difference between mass retail and luxury, as well as premium,” she said. “In

B2C 131

B2C On-Demand Consumer Rules 131