The Payments Association

MARCH 17, 2025

Defining “acceptable risk” in UK payments regulation 13 March 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? How the FCA can define and balance acceptable risk in UK payments regulation to support innovation while ensuring financial stability and consumer protection. What’s next?

Regulations 88

Regulations Risk Stablecoins Payments 88

Fintech Finance

JUNE 8, 2025

Banks commonly rely instead on outdated authentication methods like PINs, passwords, and repetitive verification steps, for even the simplest transactions. The disconnect between everyday smartphone verification and banking authentication is becoming harder to justify as payment technology and regulation advance.

Online and Mobile Banking 86

Online and Mobile Banking Authentication Credential Verification 86

Basis Theory

NOVEMBER 12, 2024

The alphabet soup of private and public data regulations, like PCI, GDPR, HIPAA, and more, endorse the use of tokenization and specialized tokenization platform providers to help organizations de-scope their compliance requirements and secure their data. Tokens, on the other hand, do not depend on the sensitive data to be created.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

The Payments Association

NOVEMBER 28, 2024

PSD3 builds on PSD2 by clarifying regulations, expanding bank liability, and introducing stricter IT and risk standards. It emphasises strong customer authentication and transaction transparency. The PSR (Payment Service Regulation) complements the Payment Service Directive, leading to directly applicable law in all EU states.

Authentication 88

Authentication Regulations IBAN Fraud Prevention 88

Bank Automation

APRIL 11, 2025

Office of the Comptroller of the Currency didnt have a basic protection enabled on an email account hackers exploited to spy on the messages of more than 100 bank regulators for over a year, according to two people familiar with the matter.

Office of the Comptroller of the Currency 52

Office of the Comptroller of the Currency Multifactor Authentication Regulations Accounts 52

NFCW

JANUARY 23, 2025

The STEVAL-25R200SA kit incorporates ST’s new ST25R200 reader/writer IC and is designed to help engineers “quickly build proof-of-concept models to demonstrate convenient short-range wireless communications for device pairing, configuration setting, or product authentication to ensure brand protection,” ST says. .

ISOs 109

ISOs Authentication Use Case Product 109

NFCW

MARCH 28, 2025

Everyone with a RAIN-enabled smartphone will be able to scan tags and interact with connected items, unlocking enhanced in-store customer experiences enabling up-selling, cross-selling and product authentication.

Interoperability 107

Interoperability Origination Authentication Product 107

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information.

Process 104

Process Processors Payments Compliance 104

The Payments Association

JULY 7, 2025

It must include: Visible, user-controllable fraud protections Clear authentication journeys (e.g. Future-focused product design should account for: Tokenisation and embedded payments Wallet integration for high-frequency retail use cases Cross-device authentication (e.g.

Acquirers 88

Acquirers Consumer Online and Mobile Banking Payments 88

The Payments Association

MARCH 19, 2025

Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure. Regulatory challenges Regulators are in a race against time. Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks. The result?

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

The Payments Association

JUNE 3, 2025

However, with its growing role comes increasing complexity, particularly in terms of integration, regulation, and the architecture of future payment flows. This transformation is further accelerated by the rise of Passkey authentication, which, as Srinivasan put it, enables secure and frictionless payments.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Finextra

JULY 1, 2025

Traditional authentication methods rely heavily on static passwords and one-time codes, which can be easily compromised. Unlike traditional authentication methods, this approach goes beyond simple device recognition, incorporating sophisticated behavioral analysis. First, it verifies the devices trusted status.

Account Takeovers 52

Account Takeovers Authentication Stablecoins Fraud Prevention 52

The Payments Association

JANUARY 8, 2025

This is driven in part by regulations like the Instant Payment Regulation (IPR), which enforces real-time bank transfers. Sweeping VRPs are already mandated by the UKs regulator, but non-sweeping is still in its experimental phase. Open banking, or pay-by-bank, is another trend to watch.

Non-Bank 88

Non-Bank Real Time Payments Instant Payments Payments 88

Fintech Review

APRIL 20, 2025

Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. Regulation and Compliance Cybertech is not only about protecting infrastructure, it is also about meeting legal and regulatory expectations. It also enables faster, safer innovation.

Finance 59

Finance Security Fraud Detection Encryption 59

Fintech News

OCTOBER 27, 2024

Beyond the SRF, we are studying stronger, out-of-band authentication solutions, such as the use of Fast IDentity Online (FIDO)-compliant tokens, to enhance defences against unauthorised phishing transactions.” This additional friction is necessary to protect customers against large unauthorised transactions.

Phishing 135

Phishing Scams Blocks Authorization 135

Fintech Review

JANUARY 30, 2025

However, DORA actively encourages the exchange of information on threats to digital resilience between market participants and the regulator. DORA is primarily a system of safeguards the European regulator establishes for the payment business. Theres no clear requirement on this point.

Risk Management 98

Risk Management Regulations Participant Cybersecurity 98

Finextra

JUNE 11, 2025

Reserve Bank of India (RBI) Establishment (1935): The RBI was established to regulate currency, provide banking services to the government, and act as a banker to banks. Innovation in Lending and Beyond: Policy: RBI is open to innovation in digital lending, including regulating BNPL services.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

The Payments Association

JUNE 3, 2025

Link is a member of The Payments Associations Financial Inclusion Working Group, which brings together experts from across the payments industry to tackle financial exclusion and the poverty premium through informing and collaborating with the government, regulators and the third sector.

Financial Inclusion 88

Financial Inclusion Financial Literacy Treasury Government 88

The Payments Association

JULY 8, 2025

1 The Opinion provides supervisory guidance to EU national competent authorities (NCAs) on the application of PSD2 to CASPs and recommendations for longer-term legislative alignment under the upcoming third EU Payment Services Directive (PSD3) and the accompanying EU Payment Services Regulation (PSR). Will PSD3/PSR fix the problem?

Stablecoins 88

Stablecoins Payment Service Provider (PSP) Duplicate Authentication 88

Finextra

JUNE 26, 2025

In this guide, you’ll understand what digital payment security is and what these regulations mean, how they impact your payment operations, and what you need to do to meet them. It also shows regulators that you’re serious about safety. It also brings in stronger customer authentication (SCA) to prevent fraud during digital payments.

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

Fintech Finance

JANUARY 2, 2025

” The report highlights essential fraud mitigation strategies such as enhanced authentication, transaction monitoring, and confirmation of payee practices, as well as the importance of information sharing and consumer protection. payments industry on its faster payments journey.” faster payments infrastructure.

Faster Payments 98

Faster Payments Mitigation FPC Payments 98

Clearly Payments

OCTOBER 31, 2024

Central Bank Digital Currencies (CBDCs) Overview : Central Bank Digital Currencies (CBDCs) are digital forms of a country’s national currency, issued and regulated by the central bank. Biometric Payments Overview : Biometric payments use physical traits, such as fingerprint or facial recognition, for authentication.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Stax

JANUARY 28, 2025

Click to Pay is based upon global EMV Secure Remote Commerce (SRC) standards, which include security measures like tokenization , multi-factor authentication , and 3D Secure protocols. The customer will then input the passcode to complete the authentication process. It is also built to be super secure.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

The Fintech Times

MARCH 7, 2025

Access to verified, authenticated and centralised data sharing through Digital Company ID would help dismantle these systemic barriers, close the loopholes exploited by fraudsters, reduce compliance costs for banks and transform the business landscape in the UK.”

Compliance 96

Compliance Financial Crimes Crime Government 96

The Payments Association

OCTOBER 28, 2024

Despite the implementation of strong customer authentication (SCA) across the industry, fraudsters have adapted their tactics, often using social engineering methods to trick customers into revealing one-time passcodes (OTPs) required to authenticate transactions.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

Fi911

JUNE 20, 2025

These regulations focus on verifying that provided information matches databases, not whether the identity represents a real person. However, privacy regulations and data silos complicate comprehensive verification. Regulatory & Compliance Considerations Industry regulations must adapt to address new synthetic identity threats.

Identity Theft 52

Identity Theft Verification Database Authentication 52

Neopay

JUNE 26, 2025

However, NCAs are also advised to insist on the compliance with other PSD2 provisions, such as strong customer authentication (SCA) for accessing custodial wallets that qualify as payment account and the initiating of EMT transfers, the reporting of payment fraud, and the cumulative calculation of own funds requirements.

Regulations 52

Regulations IBAN Payments Authorization 52

Neopay

JUNE 13, 2025

The European Banking Authority (EBA) has issued a No Action Letter to EU policymakers, advising against dual authorisation requirements for crypto-asset service providers (CASPs) transacting in electronic money tokens (EMTs) under both the Payment Services Directive (PSD2) and the Markets in Crypto-Assets Regulation (MiCA).

Regulations 52

Regulations Duplicate Fraud Prevention Procedures 52

Fintech News

JUNE 5, 2025

Singapore has taken a definitive step forward in digital asset regulation via its Singapore DTSP licensing framework. MAS clarified that its one-hour rule is meant to give the regulator early warning so it can assess potential risks to the wider industry and public. MAS added that further details can be shared after the initial alert.

Money Laundering 85

Money Laundering Due Diligence Cross-Border Rules 85

Finovate

APRIL 9, 2025

The institution will also be able to leverage the platform’s flexibility to build customized onboarding workflows while staying compliant with local regulations. Entrust also unveiled its AI-powered facial biometric authentication capability for its Identity-as-a-Service (IDaaS) platform in the first month of the year.

Security 87

Security Verification Deepfake Fraud Detection 87

The Fintech Times

APRIL 10, 2025

For fintech firms navigating complex messaging around regulation, trust, innovation and disruption, LinkedIn offers a unique space to build thought leadership and make the intangible, tangible. Build trust, not just reach For fintech brands looking to build real traction on LinkedIn, authenticity and clarity are key.

Industry Trends 59

Industry Trends Embedded Finance FinTech B2B 59

The Payments Association

JULY 15, 2025

John Hamilton Co-founder, ChargebackStop "As deepfakes, evolving regulations, and cloud-native security converge, digital businesses must rethink risk with zero-trust frameworks, real-time threat intelligence, and strong AI governance. Modern fraud prevention extends beyond loss mitigation itself.

88

88

Finextra

JUNE 18, 2025

Stopping fraud at the point of authentication is the low-hanging fruit in reducing the cost of chargebacks. With the right 3DS access control server (ACS) and modern authentication methods, FIs can combat first-party fraud with forensic proof that the transaction was legitimately authenticated.

Issuers 52

Issuers Disputes Fraud Prevention Authentication 52

The Fintech Times

FEBRUARY 14, 2025

Enhanced selfie and fraud detection tools are necessary to protect social media engagement, ensure account authenticity, and prevent the risks posed by fake accounts. Attacks against the crypto sector also decreased to 24 per cent and stabilised following the implementation of MiCA regulations in 2023.

Deepfake 78

Deepfake APACS Law Enforcement Fraud Detection 78

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

The Payments Association

JANUARY 3, 2025

Improving regulations, using technology for detection, and fostering industry-wide cooperation. Their AI tools are often faster and more agile than ours because they arent constrained by regulation or ethical considerations. McMurtrie opened the discussion by underscoring the limitations of current regulations.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Stax

JANUARY 23, 2025

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. This process involves reviewing the businesss structure, financial health, industry type, and compliance with regulations.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68