The Payments Association

DECEMBER 9, 2024

This creates a delicate balance between leveraging AIs capabilities for efficiency and ensuring strong data privacy and security measures are in place to protect consumers. Quickly spotting discrepancies helps financial institutions block suspicious transactions, minimising losses.

Privacy 88

Privacy Payment Security AI Security 88

Segpay

MARCH 24, 2025

KYC & Customer Due Diligence (CDD) Australia: Risk-based approach, with minimum KYC checks under the AML/CTF Rules. USA: More prescriptive Customer Identification Program (CIP) rules, requiring standardized ID verification and risk-based CDD measures. Strict ID verification under state gaming laws and FinCEN rules.

Compliance 71

Compliance Suspicious Activity Report (SAR) Fincen AML 71

Neopay

NOVEMBER 27, 2023

In the US, the Consumer Financial Protection Bureau published a proposed rule that would see non-bank financial companies that handle more than five million transactions per year face the same rules as large banks and credit unions.

CashApp 52

CashApp FinTech Rules Non-Bank 52

PYMNTS

DECEMBER 5, 2019

The EU and the European Commission also said that they were ready to “take all necessary measures to ensure appropriate standards of consumer protection and orderly monetary financial conditions.”. The decision aligns with the bloc’s strict stance on Libra.

Digital Currency 52

Digital Currency Finance Stablecoins Central Bank 52

Neopay

MAY 7, 2024

The aim is to increase the obligation on firms to identify and block financial transactions that may breach international sanctions. This includes references to the travel rule and updates to sections on risk assessment and fraud.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

PYMNTS

JUNE 20, 2018

This month, for example, Maryland passed a bill that requires car-sharing companies to comply with regulations similar to rules for car rental companies, including paying sales tax. He added that P2P car-sharing services should “play by the same set of rules.” Some cities and states are also getting involved.

P2P 40

P2P Regulations Void Rules 40

FICO

DECEMBER 12, 2017

The election of a new administration along with leadership changes at the Federal Communications Commission (FCC) provided new hope for a broad group of industry and nonprofit organizations who have long been advocating for changes to the Telephone Consumer Protection Act (TCPA). And yet we continue to wait.

Database 45

Database Blocks Rules Addressing 45

Stax

JANUARY 15, 2024

Implement geo-blocking measures, i.e., blocking or limiting payment transactions from regions or countries where surcharging is prohibited by local regulations. Inform them about the surcharge policy, highlighting the consumer protection guidelines. email, social media, SMS), and tailor concise messages to those channels.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

APRIL 14, 2017

In a nutshell, the way miners generate revenue is by solving cryptographic puzzles attached to blocks of bitcoin transactions (this is also a means to confirm the transactions’ legitimacy). That payout halves every 210,000 blocks, or about every four years. For solving these puzzles, miners gain a payout — which is currently worth 12.5

Bitcoin 42

Bitcoin Digital Currency Wire Transfer Blocks 42

Neopay

APRIL 25, 2024

Protecting people now and in the future The PSR’s ground-breaking reimbursement rules for Authorised Push Payment (APP) fraud take effect from 7 October this year. We’re going from putting in place building blocks for an ambitious and transformative future, to making good on those ambitions.

Push-to-Card 52

Push-to-Card Payee Regulations Blocks 52

The Fintech Times

DECEMBER 27, 2023

On a more positive note, after much anticipation, the Financial Conduct Authority ‘s (FCA) Consumer Duty officially launched on 31 July. Looking to ensure a better standard for consumer protection, the new rules were met with mostly positive feedback – from companies and consumers alike.

FinTech 69

FinTech Government Governance Regulations 69

Neopay

APRIL 25, 2024

Indeed, the corridors of the European Parliament have been buzzing with both political and technical negotiations on amendments to the Commission’s proposals, whether by adding more stringent transparency requirements on elements such as currency exchange rates or adding new robust consumer protection safeguards.

Fraud Prevention 52

Fraud Prevention Payments Authentication Authorization 52

PYMNTS

MAY 29, 2018

The basic rule of personal security has changed little since ancient times: A person’s home — or hut, cottage, hovel or flat — is that person’s castle, the main location where relatives and valuables are secured from nefarious forces outside the door. Not any longer. The issue of online trust permeates those actions.

Online and Mobile Banking 49

Online and Mobile Banking Economy Security Breach 49

Seon

MAY 16, 2024

While some of these iGaming attacks fall within grey areas, others are absolutely considered fraudulent, for instance: creating multiple accounts under different names, using stolen IDs to bypass KYC checks, and using spoofing technology to evade IP blocks. These rules can help identify potential gnoming activities early in the user journey.

Fraud Prevention 52

Fraud Prevention Accounts Verification Legal 52

Global Fintech & Digital Assets

OCTOBER 31, 2023

Issuers of stablecoins would therefore need to be licensed unless they block California residents, but not issuers of utility tokens or creators of tokenized real-world assets. Issuing a digital asset does not in itself require licensure, unless such asset is redeemable for legal tender, bank credit, or another digital asset.

Laws 52

Laws Stablecoins Issuers Legal 52

The Fintech Times

JUNE 1, 2025

To better understand the consensus and find out exactly what issues may remain with the proposed rules, we sought out industry feedback. “New and promising stablecoin projects could benefit from a special trial period, where some rules are eased temporarily under careful oversight. But are these proposals comprehensive enough?

Stablecoins 49

Stablecoins Rules Regulations Issuers 49

PYMNTS

DECEMBER 5, 2017

After a contentious rulemaking process, an even more contentious first draft and then a somewhat less contentious (but still pretty divisive) final rule drafting, the argument about what access consumers should have to shorter-term loans with sky-high interest rates has dragged on. It’s also a long way from being over.

CFPB 40

CFPB Rules Blocks Consumer 40

PYMNTS

OCTOBER 23, 2019

New York’s federal district court ruled that the U.S. The decision is a victory for state financial regulators wanting to block the OCC from issuing licenses, but is also a setback for the administration of President Trump, who strived to find alternatives to traditional banking. The court decision on Monday (Oct.

OCC 40

OCC Office of the Comptroller of the Currency Rules FinTech 40

PYMNTS

FEBRUARY 7, 2018

.” Otting was also complimentary regarding some of Mulvaney’s decisions while at CFPB, including the reversal of the bureau’s payday rule. Last week, Senators Elizabeth Warren and Maxine Waters, as well as four additional Democrats, called for answers regarding the sudden change of heart on the payday rule. “We

Rules 43

Rules Consumer Financial Protection Bureau (CFPB) OCC CFPB 43

PYMNTS

JANUARY 3, 2017

“The CFPB is an unaccountable bureaucracy rife with racial discrimination that churns out regulations that harm consumers, especially those with low and moderate incomes,” Jeff Emerson, a spokesman for House Financial Services Committee Chairman Jeb Hensarling, said in an email to PYMNTS. Circuit U.S. Court of Appeals.

CFPB 41

CFPB Federal Reserve FTC Reconciliation 41

PYMNTS

OCTOBER 31, 2016

” This psychological thriller has Jack (played by Jack Nicholson) and his family holed up in the Overlook Hotel for the winter so that Jack can break his writer’s block and produce his next masterpiece while serving as the hotel’s winter caretaker. Never mind the cost and security issues that it raises for banks. And he can do that.

CFPB 76

CFPB API Regulations Consumer 76