Fintech Finance

DECEMBER 12, 2024

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. In addition to enhancing the cardholders experience, this update opens new avenues for businesses and governments to grow and thrive. Faster Payments Council (FPC). Faster Payments Council (FPC).

Funds Availability 98

Funds Availability FPC Accounts Debit Card 98

The Fintech Times

MARCH 17, 2025

On Valentine’s Day this year, the Government of Canada launched its pre-budget consultations to gather input from Canadians for its Budget 2025. As a result, it urges the government to start planning an open finance regime as soon as possible, focusing on the inclusion of small and medium sized firms.

Government 59

Government Governance Finance Consulting 59

The Fintech Times

MARCH 3, 2025

The Payments Association , the trade group representing the payments sector, has launched its Payments Manifesto for 2025, urging the UK government to modernise the payment infrastructure to ensure consumer protection. This follows the publication of the governments National Payments Vision and Strategy (NPV&S) late last year.

Government 59

Government Governance Financial Inclusion Consumer Protection 59

The Fintech Times

MARCH 7, 2025

These challenges must be addressed if we’re to support the government in its mission to deliver economic growth and safeguard the UK’s reputation as a safe place to do business.

Compliance 96

Compliance Financial Crimes Crime Government 96

Fintech Review

SEPTEMBER 17, 2024

Decentralised Autonomous Organisations (DAOs) are transforming the governance structures within the blockchain and cryptocurrency spaces. Operating without central authority, DAOs promote decentralised decision-making, with the promise of democratising governance across various sectors. What Are DAOs?

Government 105

Government Governance Innovation Legal 105

The Payments Association

JUNE 3, 2025

In December 2024, HMT announced the appointment of a Financial Inclusion Committee, tasked with advising the government on developing the first-ever National Financial Inclusion Strategy. The Governments decision to develop the Strategy reflects the growing number of financially vulnerable consumers in the UK. million in 2022.

Financial Inclusion 88

Financial Inclusion Financial Literacy Treasury Government 88

NFCW

MARCH 6, 2025

. “For example, when making an age-restricted purchase, users can prove their age without disclosing any unnecessary information, including an address.” ” My administration is working to make Arkansas government more efficient at every level, Governor Sarah Huckabee Sanders says.

Law Enforcement 100

Law Enforcement Credential Laws Participant 100

The Fintech Times

JANUARY 20, 2025

In it, the AFC urged the FDIC to withdraw the proposal stating that if enacted, the act could stifle responsible innovation and harm consumers without addressing broader market concerns. Pragmatic policymaking should address market-wide issues with input from stakeholdersnot impose a blanket response to a single failure.

FDIC 104

FDIC Regulations Innovation FinTech 104

Fintech Finance

MARCH 11, 2025

“ Oluwabankole Falade, Chief Regulatory and Government Affairs Officer at Flutterwave, added:“This approval showcases our dedication to complying with regulatory standards and our readiness to provide reliable payment solutions that address the unique needs of the Ghanaian market.

Financial Inclusion 99

Financial Inclusion BNPL FinTech Economy 99

Fintech Finance

JANUARY 3, 2025

This initiative aligns with the Qatari Government’s vision of digitalising payments, enhancing electronic banking services, and advancing the shift towards a cashless society. “These solutions aim to streamline payments for our corporate clients while augmenting security measures,” he stated.

Economy 98

Economy Online and Mobile Banking Electronic Banking Reconciliation 98

Finovate

APRIL 3, 2025

In a company blog post announcement, Plaid CEO and Co-Founder Zach Perret said that the funds will be used “to address employee tax withholding obligations related to the conversion of expiring restricted stock units (RSUs) to shares, and to offer some liquidity to our current team.”

Consumer Financial Protection Bureau (CFPB) 141

Consumer Financial Protection Bureau (CFPB) CFPB Rules Consumer 141

Fintech Finance

JANUARY 7, 2025

Meanwhile, government entities and businesses using noqodi will gain access to Checkout.coms extensive global network, empowering them with enhanced payment capabilities, including faster transaction processing and support for a wide range of payment methods across various sectors.

Payment Gateways 98

Payment Gateways Fraud Prevention Gateways Payments 98

Fintech News

JANUARY 9, 2025

Inputs from academia, industry leaders, and government bodies informed the design and architecture of the wholesale Digital Rupiah. Inclusivity made the Digital Rupiah system adaptable and robust, capable of addressing Indonesias unique challenges, such as its geographically dispersed population and diverse economic activities.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

VISTA InfoSec

MARCH 25, 2025

CREST membership is an important recognition as it implies that the organization that is accredited meets the strict standards for addressing complex cybersecurity challenges and is adhering to best practices in security testing. CERT-IN Empanelment : Recognized by the Indian government as a trusted security assessor.

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

Fintech News

MARCH 6, 2025

Paul Hadjy The collaboration with AWS represents a pivotal step in our mission to support partners and customers across Asia-Pacific in addressing a wider array of cybersecurity challenges, including misconfiguration and vulnerability detection, governance, and compliance within hybrid and multi-cloud operations, amidst an expanding attack surface.

ISVS 104

ISVS Security Cybersecurity Best Practices 104

Fintech News

MARCH 24, 2025

Instead, this method requires users to provide key details such as an identification number, which are then cross-checked against government databases. An example of non-documentary verification is Sumsubs Non-Doc identity and address verification solutions, which allow companies to verify users in 4.5

APACS 92

APACS Verification Fraud Detection Money Laundering 92

Fintech News

JANUARY 13, 2025

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. Funding has now reverted to pre-pandemic levels, creating a challenging environment for many players in the ecosystem.

FinTech 117

FinTech Cross-Border On-Demand Innovation 117

The Payments Association

DECEMBER 18, 2024

From exploring technologies like blockchain and AI to supporting government initiatives on digital identity and data legislation, Moore highlights the PSRs commitment to creating a dynamic and competitive payments landscape. To address these issues, the PSR is focused on building trust and removing barriers.

Innovation 88

Innovation Payments Financial Crimes Regulations 88

Finovate

JANUARY 21, 2025

enforces stringent requirements for preserving and governing business-related communications taking place on digital channels.” ” The funding will enable the company to scale its footprint to address essential governance needs in the financial sector as well as in other industries.

Security 64

Security Government Governance AI 64

The Payments Association

DECEMBER 9, 2024

The UK government and the FCA will further develop and implement these regulations through consultations and legal frameworks, aiming for a comprehensive rollout by 2026. What are the government’s plans for the regulation of crypto? Why is it important? What’s next?

Stablecoins 88

Stablecoins Consulting Rules Regulations 88

FloQast

JANUARY 22, 2025

This milestone showcases our commitment to transparency, accountability, and trust in every AI solution we deliver, and positions us as a leader in responsible AI governance within the accounting technology sector. We identified areas needing improvement, prioritized them, and allocated resources to address gaps.

ISOs 105

ISOs AI Accounts Audit 105

The Payments Association

APRIL 22, 2025

Addressing these vulnerabilities demands collaboration across financial institutions, digital platforms, and regulators. Frequently used for high-value impersonation fraud, with scammers posing as trusted entities like banks or government officials. of reported scams. Entity Unknown scams accounted for 8.8% of the total volume.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

The Fintech Times

DECEMBER 9, 2024

The tech giant argues that the move, which the CFPB says is aimed at addressing potential consumer risks, constitutes regulatory overreach. Google has filed a legal challenge against the US Consumer Financial Protection Bureau (CFPB), the agency responsible for overseeing consumer finance, after it placed Google Payment Corp.,

Consumer Financial Protection Bureau (CFPB) 75

Consumer Financial Protection Bureau (CFPB) CFPB Regulations Legal 75

Finextra

SEPTEMBER 16, 2024

Citigroup is stripping chief operating officer Anand Selva of his responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.

Risk Management 124

Risk Management Compliance Addressing Government 124

VISTA InfoSec

MARCH 13, 2025

4.0 , was released on March 31, 2022, introducing enhanced security measures to address evolving cyber threats. While PCI DSS is not mandated by the Australian government, it is considered an important industry standard enforced by payment card brands. The latest version PCI DSS v.4.0 This is where the PCI DSS comes into play.

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

The Payments Association

JANUARY 13, 2025

It addresses how evolving regulations shape the digital asset landscape, influencing innovation, compliance, and global competitiveness. Navigating legal uncertainty: How the Digital Assets Bill could impact PSPs January 13 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Why is it important?

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

The Payments Association

APRIL 7, 2025

The newly appointed Labour Government will be expected to unveil clear plans about how the regulatory framework will be shaped going forward. Stronger guidance and leadership from government and regulators could transform the market. Government should not throw the burden of this solely onto the private sector.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

Fintech Finance

MARCH 25, 2025

Meanwhile, Visa is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. The post Fundiin Teams up With Visa to Enhance Credit-scoring Model appeared first on FF News | Fintech Finance.

Risk Assessment 97

Risk Assessment Risk Management BNPL Best Practices 97

Fintech Finance

DECEMBER 12, 2024

Using the FPAD functionality for VOP also enables PSPs to address risk considerations and limit friction for end users, in addition to fulfilling compliance requirements. This will allow PSPs to adapt their VOP approaches over time, whilst ensuring full pan-European reach from the start.

Payee 98

Payee Verification IBAN End User 98

The Payments Association

JANUARY 16, 2025

As the EUs most extensive effort to regulate the crypto market, MiCA seeks to address longstanding issues such as regulatory fragmentation, consumer protection, and market stability. The regulation introduces strict requirements for stablecoin issuers, including robust reserve backing, transparency, and governance.

Compliance 88

Compliance Cross-Border Payments Cross-Border Stablecoins 88

Fintech News

NOVEMBER 20, 2024

They highlighted typical hurdles, such as ensuring data quality, managing model transparency, and addressing ethical considerations, while sharing strategies like leveraging robust data governance frameworks and iterative prototyping to overcome these barriers.

AI 113

AI Finance APACS Regulatory Compliance 113

Fintech News

JUNE 15, 2025

Virtual assets are defined as digital instruments used for exchange or investment, excluding securities, digital fiat currencies, and other financial instruments governed by civil or financial laws. Until now, Vietnam has lacked a formal legal framework for digital assets.

Regulations 82

Regulations Legal Framework Money Laundering Laws 82

Fintech News

DECEMBER 9, 2024

GL1 is not merely a technological endeavour; it also addresses the crucial aspects of governance, risk management, and compliance. Morgan, MUFG, and Societe Generale-FORGE , have been leading efforts to define the business, governance, risk, legal, and technology requirements of the GL1 Platform.

Cryptocurrency 117

Cryptocurrency Cross-Border Consumer Protection Facilitators 117

VISTA InfoSec

DECEMBER 19, 2024

Governance and Oversight Establish a cybersecurity governance framework for SWIFT-related environments. Regularly patch and update software to address known vulnerabilities. SWIFT CSCF v2024 key objectives and principles Below are the 3 key objectives and 7 principles, as defined in the updated SWIFT CSP framework.

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

Fintech Review

NOVEMBER 27, 2024

By addressing the limitations of traditional banking, fintech enables SMEs to access capital, manage payments, and control finances more effectively. By addressing digital literacy, fintechs can maximise their impact and reach more SMEs. Government support and favourable regulatory environments will play a crucial role.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Neopay

DECEMBER 16, 2024

Consumer Duty Board Report This report evaluates firms governance structures and their alignment with the Consumer Dutys objectives. Robust processes: Established procedures for report production, involving relevant business areas and governance bodies. Board engagement: Lack of effective challenge and scrutiny by governing bodies.

Consumer 52

Consumer Compliance Audit Government 52

Fintech News

JULY 2, 2025

The announcements were made at the Alibaba Cloud Global Summit in Singapore , which gathered over 500 participants from business and government. To address the growing need for skilled talent, Alibaba Cloud will partner with more than 120 institutions globally to train 100,000 AI professionals each year.

APACS 121

APACS AI On-Demand Innovation 121