The Fintech Times

MAY 10, 2025

Appointments The FCA has appointed David Geale as permanent executive director for payments and digital finance, and managing director of the Payment Systems Regulator (PSR). More appointments PayFuture, the payments platform connecting global businesses with emerging markets, has appointed Sanda Laicena as group chief legal officer.

FinTech 59

FinTech Legal Enrollments Non-Bank 59

EBizCharge

MAY 1, 2025

Differentiating the various pricing structures and fees associated with credit card processing can enable your business to implement strategies to manage or pass these costs to customers legally. When implementing surcharging, its imperative to comply with regulations and guidelines set by credit card networks and local state legislatures.

Credit Cards 52

Credit Cards Process Processors B2G 52

Clearly Payments

APRIL 25, 2024

Prior to the Durbin Amendment, interchange fees were set by payment networks and were not subject to direct regulation. The Durbin Amendment aimed to address this concern by empowering the Federal Reserve to regulate interchange fees for debit card transactions. per transaction. per transaction.

Debit Card 101

Debit Card Federal Reserve Caps Credit Union 101

The Fintech Times

JUNE 29, 2024

The first stage of the European Union ‘s Markets in Crypto Assets Regulation (MiCA) will come into play on 30 June. In terms of market surveillance, the MiCA regulation is based upon requirements set out in the EU’s Market Abuse Regulation (MAR).

Stablecoins 138

Stablecoins Regulations Compliance Cryptocurrency 138

EBizCharge

JUNE 28, 2024

The question “Is it legal to charge a credit card fee?” This article will explore the legality of charging such fees as well as the pros and cons associated with them. Surcharging is legal in many states and is regulated at the state and federal levels.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Stax

APRIL 4, 2024

In this article, we’ll learn about the benefits of credit card surcharging and also delve into the legalities and guidelines for levying a surcharge. Credit card surcharging is legal in most U.S. Credit card surcharging is legal in most U.S. Surcharging is governed by certain rules and regulations.

Credit Cards 68

Credit Cards Legal Laws Rules 68

PYMNTS

JANUARY 18, 2019

As reported by Bloomberg , a selloff was sparked on Friday among small cap stocks that belong to FinTechs. For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs , this week has led to big gains.

Caps 53

Caps FinTech Volume Audit 53

EBizCharge

MAY 5, 2025

This surcharge is calculated and applied automatically by the point-of-sale (POS) or payment software, ensuring accuracy and compliance with legal and card network regulations. Ensure compliance with relevant regulations Before launching a zero cost processing program, its essential to understand the legal and regulatory environment.

Credit Cards 52

Credit Cards Small Business Process ACH 52

Stax

DECEMBER 6, 2023

Businesses that choose to add surcharges can either charge a fixed flat fee or a percentage of the transaction amount with a cap on the total. Credit card surcharging is subject to regulations and compliance requirements that vary by region and country.

Consumer 88

Consumer Credit Cards Alternative Payment Methods Debit Card 88

Stax

SEPTEMBER 26, 2024

It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Some states cap the surcharge rate to a set rate or dollar amount. Surcharging credit card payments involves specific regulations and practices.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

PYMNTS

JULY 1, 2020

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s impact on the scale of digital payments has steepened the learning curve for these merchants. Examining SMBs’ Regulatory Struggles. are experiencing.

Regulations 64

Regulations Digital Payments Contactless Payments Online and Mobile Banking 64

M2P Fintech

APRIL 10, 2025

These loans typically offer 50% to 90% of their worth, with caps at 45% for equity funds and 75% for debt funds. Keeping pace with evolving SEBI and RBI regulations is crucial for maintaining legal and operational integrity. How are LAMFs regulated? How do Loan Against Mutual Funds Work? What is lien marking in LAMF?

Mitigation 52

Mitigation Regulatory Compliance Compliance Automation 52

Stax

DECEMBER 20, 2023

Please note there are many other categories not covered in this table, including variations by card type, business type, whether the bank is regulated or exempt, and more. Beyond the card type (debit, or the various kinds of credit cards), you’ll also see “exempt” or “regulated” which indicate different fees for debit cards.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

PYMNTS

MAY 20, 2016

In the latest chapter of the Lending Club drama, on Thursday (May 19), it came to light that New York’s highest-ranking financial regulator has launched an official inquiry into the online alternative lender. SEC filings also revealed a grand jury subpoena from the U.S. Justice Department.

Regulations 40

Regulations Laws Underwriting Caps 40

Stax

AUGUST 1, 2024

Visa’s surcharge rules around disclosure, compliance, options (brand-level/product-level), notifying acquirers, surcharge cap, etc. Surcharge rate limit – To improve the customer experience, Visa has reduced the surcharge cap to 3%, effective April 15, 2023. Earlier, the surcharge cap used to be 4%.

Rules 88

Rules Credit Cards Caps Processors 88

Finovate

JULY 3, 2024

Marshals Service (USMS) has selected Coinbase Prime to hold and trade the agency’s “Class 1” (large cap) digital assets. Marshals Service (USMS) announced it has selected Coinbase to hold and trade the agency’s “Class 1” (large cap) digital assets. judicial system. judicial system. Photo by Zach Lisko on Unsplash The post U.S.

Law Enforcement 52

Law Enforcement Caps Laws Money Laundering 52

PYMNTS

DECEMBER 20, 2018

Most institutionally-minded crypto firms want to buy proper insurance, and in many cases, getting adequate insurance coverage is a regulatory or legal requirement,” Henri Arslanian, PwC FinTech & crypto leader for Asia, told Reuters. However, getting such coverage is almost impossible despite their best efforts.”.

Cryptocurrency 67

Cryptocurrency Caps Bitcoin Legal 67

Stax

JANUARY 24, 2024

It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. This means surcharge rules and regulations vary by state and country.

Credit Cards 88

Credit Cards Laws Legal Caps 88

Stax

JANUARY 24, 2024

It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. It is added at the point of sale and depends on the total amount of a transaction and the cap set by credit card companies. This means surcharge rules and regulations vary by state and country.

Credit Cards 88

Credit Cards Laws Legal Caps 88

Stax

DECEMBER 13, 2023

Fortunately, in states where surcharging is legal, you can recoup these processing costs by transferring them to the cardholder. Understanding Credit Card Surcharges Card networks not only help businesses process credit card payments but they also regulate the industry by establishing surcharging rules and maintaining compliance.

Credit Cards 88

Credit Cards Debit Card Laws Rules 88

PYMNTS

FEBRUARY 6, 2019

” Regulators have not accused the company of wrongdoing, and FLEETCOR said all of its fees are lawful and comply with regulations. Recent years have led to discussions over similar fees associated with payroll cards that companies use to pay their employees, with several states initiating legal action over fees dubbed predatory.

Payroll 66

Payroll Commercial Card Federal Trade Commission Wire Transfer 66

PYMNTS

OCTOBER 26, 2018

Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks. At the time, the cap on ownership had been 25 percent for large, publicly traded securities firms and 49 percent of other financial enterprises.

Rules 55

Rules Caps Regulations Legal 55

PYMNTS

DECEMBER 6, 2016

Separate reports by Forbes said this year’s capital outflow will likely hit levels seen last year thanks to both legal and “surreptitious” outbound transfers. Next month, China’s cap of $50,000, the limit at which individuals can convert foreign currency into yuan, will reset.

Money Laundering 60

Money Laundering Caps Legal Regulations 60

FICO

JUNE 21, 2022

The Turkish market regulator stipulates that the total limit of a consumer’s credit cards cannot exceed twice their monthly income for the first year and four times income after the first year. A key challenge was the legal caps enforced by the regulator,” said Pak. Working within the Rules.

Credit Cards 52

Credit Cards Caps Credit Limit Regulations 52

PYMNTS

APRIL 8, 2020

“Rather, it provides an overall cap on the size of the firm’s balance sheet. The change today provides additional support to small businesses hurt by the economic effects of the coronavirus by allowing activities from the PPP and the Main Street Lending Program to not count against the cap.”.

Fed 56

Fed Federal Reserve Caps Small Business 56

PYMNTS

APRIL 29, 2019

The European Commission announced Monday (April 29) that commitments made by Mastercard and Visa to reduce interchange fees are legally binding under European Union antitrust rules. The European Commission said the commitments will apply for five years and six months.

Visa 64

Visa Caps Cross-Border Legal 64

PYMNTS

FEBRUARY 24, 2017

The bitcoin market cap was over $18.5 In the international market, the past few weeks have also seen a number of propositions and efforts by various global governments, financial regulatory bodies and other organizations to work toward bitcoin regulation. On Thursday (Feb. percent over Wednesday’s close.

Bitcoin 77

Bitcoin Money Laundering ATM Cryptocurrency 77

EBizCharge

JULY 25, 2024

Understanding the purpose behind credit card surcharge signs is crucial since they’re used to inform customers while ensuring businesses adhere to legal standards. Surcharging legal rules Surcharging fees are regulated by major card brands like Visa, American Express, and other credit card companies. EU, Australia, etc.)

Best Practices 52

Best Practices Credit Cards Compliance Debit Card 52

PYMNTS

FEBRUARY 20, 2020

Regulators around the world are passing new laws to make sure ad hoc workers are properly protected, and some of these rules could have sweeping implications for businesses and their freelance partners. states are developing similar regulations. However, challenges have begun to arise as the gig economy continues to expand globally.

Security 64

Security Economy Regulations Rules 64

Tearsheet

MARCH 27, 2024

Regarded as distinct from payday lenders and viewed as a means for 60% of Americans who live paycheck-to-paycheck to break free from debt, financial regulators remain hesitant to fully endorse on-demand pay’s effectiveness. Last month, Montana’s attorney general asserted that EWA should not be subject to lending regulations.

Instant Payments 64

Instant Payments RTP Consumer Financial Protection Bureau (CFPB) FedNow 64

Stax

AUGUST 22, 2024

Regulatory compliance risk To maintain the integrity of financial transactions and to protect cardholder data, any company dealing with payments must strictly adhere to laws and regulations. Regulatory compliance failure can have a negative impact on reputation, large fines, and even legal action.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

NOVEMBER 25, 2019

In the November Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new Congressional regulations, partnerships between CUSOs and technology providers, and the new generation of cybersecurity threats. Another CU issue currently awaiting federal regulation is legalized marijuana. percent of assets.

Credit Union 61

Credit Union Cybersecurity Credit Union Service Organization Fincen 61

PYMNTS

DECEMBER 13, 2019

With claims that the company aimed to coerce music venues into using its Ticketmaster subsidiary, the Justice Department is reportedly gearing up to take legal action against Live Nation Entertainment, Inc. The decrease took away approximately $1 billion off of the market cap of the company. That value reportedly stands at about $13.8

Settlement 52

Settlement Legal Caps Checks 52

PYMNTS

DECEMBER 13, 2019

With claims that the company aimed to coerce music venues into using its Ticketmaster subsidiary, the Justice Department is reportedly gearing up to take legal action against Live Nation Entertainment, Inc. The decrease took away approximately $1 billion off of the market cap of the company. That value reportedly stands at about $13.8

Settlement 52

Settlement Legal Caps Checks 52

PYMNTS

MAY 29, 2019

Align applies underwriting standards when it evaluates customers because what it is offering is technically — and more importantly, and legally speaking — not a loan. However, in this case, the use of the term “ loan ” is a bit misleading. The most common view is that they do not, though the arena is still so new that it remains a grey area.

Agreements 59

Agreements Laws Caps Underwriting 59

PYMNTS

SEPTEMBER 26, 2019

Favorable Regulations. Take the legal hemp and marijuana market, for example. Reports noted that Congress this week is acting on the proposed SAFE Banking Act, which would enable financial institutions to legally extend their services to marijuana businesses. after the industry pressed for regulatory guidance on the matter.

Credit Union 43

Credit Union Small Business Online and Mobile Banking Legal 43

PYMNTS

APRIL 7, 2017

In a major move toward bitcoin legitimacy, Japan recognized bitcoin as a legal payment method on April 1. Bitcoin’s market cap sat at just over $19.1 While the world’s most popular cryptocurrency recently suffered some defeats in the U.S. And no, it wasn’t an April Fool’s joke.).

Bitcoin 41

Bitcoin Point-of-Sale (POS) Legal Digital Currency 41