Segpay

MARCH 24, 2025

Australia and the USA have similar compliance and AML goals, but differ in frameworks, enforcement agencies, and approaches. KYC & Customer Due Diligence (CDD) Australia: Risk-based approach, with minimum KYC checks under the AML/CTF Rules. PSPs verify identity and monitor transactions. though some areas overlap.

Compliance 71

Compliance Suspicious Activity Report (SAR) Fincen AML 71

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

Neopay

NOVEMBER 27, 2023

The European Banking Authority (EBA) has launched a public consultation on new Guidelines on preventing the abuse of funds and certain crypto-assets transfers for money laundering and terrorist financing purposes. The consultation runs until 26 February 2024.

Money Laundering 52

Money Laundering Consulting Finance Travel Rule 52

Fintech Review

MAY 1, 2025

No matter how disruptive a fintech platform is, it must operate within legal frameworks that are evolving rapidly. These include anti-money laundering (AML) rules, know your customer (KYC) checks, data privacy requirements, cybersecurity protocols, and financial reporting obligations. It is no longer enough to innovate.

Compliance 59

Compliance Regulations FinTech Payment APIs and Integration 59

The Paypers

SEPTEMBER 11, 2020

The European Banking Authority (EBA) has published its response to a European Commission’s call for advice on how to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).

Money Laundering 28

Money Laundering Legal Framework Finance AML 28

CoinRemitter

JUNE 30, 2024

Blockchain technology manages the organization, coordinating tasks and governance without needing a central authority. Legal and Regulatory Challenges of DAOs Legal Status: Current legal frameworks struggle to categorize DAOs. Regulators are concerned that DAOs might be used to bypass AML laws.

Government 40

Government Governance Blockchain Money Laundering 40

Segpay

APRIL 1, 2025

While their goals align, their approaches and legal frameworks differ. Regulatory Frameworks In the United Kingdom, the Online Safety Act passed into law on 26 October 2023. The CNIL (Frances data protection authority) oversees compliance with the SREN Law, which strengthens online safety and privacy.

Verification 45

Verification Regulations Privacy Online and Mobile Banking 45

Stax

JANUARY 15, 2024

In the following sections, we’ll delve into the legal framework, compliance standards, and best practices to navigate the complexities of surcharging. Legal and Regulatory Framework Compliance ensures secure and transparent financial transactions, but nuances exist that businesses must grasp.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

FEBRUARY 8, 2024

Additionally, payment regulation mandates stringent security measures, data protection standards, and adherence to anti-money laundering (AML) regulations to thwart fraud, cybersecurity breaches, and illicit financial activities. Faster Payments: The Federal Reserve is spearheading efforts to modernize the U.S.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

Fintech News

FEBRUARY 2, 2025

Digital financial services in Indonesia, Source: 2024 e-Conomy Report by Google, Temasek and Bain and Company, Nov 2024 Despite this strong growth, businesses in Indonesia are facing increasing regulatory oversight, especially in areas like anti-money laundering (AML) and know-your-customer (KYC) compliance. Under BI Regulation No.3/10/PBI/2001

AML 113

AML Due Diligence Money Laundering Legal Framework 113

Fintech News

MAY 29, 2025

In 2023, the Monetary Authority of Singapore (MAS) introduced a regulatory framework for stablecoins pegged to currencies like the Singapore dollar (SGD), mandating issuers to maintain 100% reserve backing, allow redemption at par, and adhere to stringent disclosure and audit requirements.

Stablecoins 90

Stablecoins Regulations Issuers Digital Currency 90

The Fintech Times

APRIL 22, 2025

Both parties explored how Vietnam could establish a legal framework for crypto assets. The Minister emphasised the importance of robust compliance frameworks, including anti-money laundering (AML) and know your customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.

Regulations 55

Regulations AML Legal Framework Money Laundering 55

Fintech Review

JANUARY 29, 2025

Dubai, United Arab Emirates, January 29th, 2025, FinanceWire The Securities and Commodities Authority (SCA) of the United Arab Emirates has awarded Kama Capital the prestigious Category 1 licence. Clients seek assurance that their trading partner operates within strict legal frameworks, and this licence provides precisely that.

Innovation 52

Innovation Security Legal Framework AML 52