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Crypto Firms in Indonesia Must Rethink Their Compliance Now, Or Risk Losing Out

Fintech News

Once known for speed and disruption, Indonesia’s crypto industry is now facing its biggest reckoning: compliance or irrelevance. With OJK taking the regulatory reins and the Travel Rule now in force, crypto firms in Indonesia must evolve fast or risk falling behind in global markets, regulatory approval, and user trust.

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Navigating AML obligations in the age of virtual IBANs

The Payments Association

The compliance challenges of virtual IBANs, focusing on AML obligations and regulatory gaps. While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Why is it important? What’s next?

IBAN 88
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Economic Crime and Corporate Transparency Act examined: A guide to avoiding failure-to-prevent fraud measures

The Payments Association

It highlights new corporate responsibilities, significant penalties for non-compliance, and the businesses need to implement strong fraud prevention measures to protect their financial and reputational standing. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability.

Crime 88
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Evolving money laundering risks for EMIs: Insights from the upcoming NRA

The Payments Association

This reclassification has significant regulatory and commercial consequences for the EMI sector, potentially raising compliance costs, impacting bank partnerships, and limiting innovation. Rather than resisting their elevated risk categorisation, EMIs have an opportunity to lead by adopting Corporate Resilience as a strategic asset.

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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification.

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NCA targets barbershops in major operation against money laundering and modern slavery

Neopay

As regulatory and compliance specialists for payment and e-money firms, we recognise the importance for due diligence, transaction monitoring, and robust AML controls. Compliance regimes need to respond accordingly, with risk assessments that are proactive and substantive continuous monitoring.

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Payments regulation roadmap: Q3 2025​

The Payments Association

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. The Payments Regulation Roadmap for Q3 2025 provides a forward-looking view of the legislation and consultations shaping the compliance landscape.