article thumbnail

Swiss-UK Agreement Sends Strong Signal for Open Financial Markets

Fintech News

Switzerland and the United Kingdom signed an agreement to create more efficient and globally competitive conditions for cross-border trade in financial services with the new “Berne Financial Services Agreement” (BFSA). The agreement requires approval by the parliaments of both countries before it can enter into force.

article thumbnail

Discover, FDIC reach consent agreement

Payments Dive

The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.

article thumbnail

US and UK sign agreement to regulate AI models

Finextra

The governments of the UK and US have signed what they claim is the first international bilateral agreement to regulate the risks of artificial intelligence (AI) models.

article thumbnail

VE3 Selected for CCS’s Payment Acceptance 2 Agreement

The Payments Association

VE3 has been selected as a key supplier for the Payment Acceptance 2 Agreement by Crown Commercial Services for the provision of payment consultancy services. Read more

article thumbnail

Is Your Partnership Toxic?: Evaluating Integrated Payments Partnerships in SaaS

Gain insights into creating beneficial alliances, identifying and navigating out of toxic partnerships, ensuring flexible agreements, and obtaining strategic support and valuable insights. Discover whether your payment processor is a true collaborator or a limitation on your company's aspirations by delving into our informative article.

article thumbnail

Citi inks referral agreement with Dubai's Network International

Finextra

Citi has struck a referral agreement with Dubai-based Network International to offer the bank's corporate clients omnichannel payments services in the Middle East and Africa.

article thumbnail

PNC and Plaid ink data sharing agreement

Finextra

NYSE: PNC) and Plaid have entered into a bilateral data access agreement that will enable PNC customers nationwide to more safely and securely connect and share financial data to their chosen financial applications through Plaid. The PNC Financial Services Group, Inc.