The Payments Association

FEBRUARY 10, 2025

The compliance challenges of virtual IBANs, focusing on AML obligations and regulatory gaps. However, their rapid adoption has raised concerns about regulatory oversight, particularly concerning anti-money laundering (AML) compliance. Including structured data would help PSPs monitor and mitigate financial crime risks.

IBAN

The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems. Why is it important?

Privacy

Fintech News

MARCH 4, 2025

LSEG Risk Intelligence, which specialises in compliance, risk management, and fraud prevention solutions, said GAV will help financial institutions, fintech firms, and multinational corporations reduce fraud risks while improving payment efficiency.

Verification

Fintech News

MAY 21, 2025

Temenos says the solution uses artificial intelligence to assess transactions in real time and support compliance teams in identifying genuine risks more effectively. Compliance remains a major cost burden for banks, with more than 40% of expenses tied to personnel due to manual screening processes.

Financial Crimes

Trade Credit & Liquidity Management

JUNE 25, 2025

From a Press Release dated June 3, 2025, New York, New York ThetaRay , a global leader in cognitive AI compliance for financial crime, and Spayce , a next-generation cross-border payments platform, have announced a strategic partnership to address evolving financial crime threats and enhance the security of international payments.

Financial Crimes

The Payments Association

MAY 16, 2025

Modern payment orchestration platforms now serve as strategic infrastructureoptimising performance, compliance, and customer experience at scale. Additionally, centralised reporting simplifies financial reconciliation and compliance efforts, enhancing control and accountability for finance and operations teams.

Transactions

The Payments Association

JULY 19, 2025

This reclassification has significant regulatory and commercial consequences for the EMI sector, potentially raising compliance costs, impacting bank partnerships, and limiting innovation. Arguably, though, what really matters is the robustness of controls put in place to mitigate those risks. Why is it important? What’s next?

Money Laundering

The Payments Association

JULY 23, 2025

Additional reasons UK banks choose Worldline: Regulatory confidence: Our team has navigated complex regulatory requirements across multiple jurisdictions, ensuring PCI DSS compliance and FCA alignment from day one. Risk-mitigated migration: Portfolio migrations represent significant operational risk.

PCI DSS

Fintech Finance

FEBRUARY 17, 2025

Fintech compliance is an increasingly important aspect of the financial industry. As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. “Compliance is the foundation of trust in global payments.

Compliance

Fintech Finance

NOVEMBER 6, 2024

“We are committed to regulatory compliance and providing our clients with advanced solutions to mitigate the risks associated with online transactions. This service will ensure that payments are directed to the intended recipients promptly and with enhanced security measures.

Payee

FloQast

FEBRUARY 19, 2025

As a consultant in the risk mitigation and compliance space , I always strive to be my client’s advisor on their risk and compliance needs. Thats why FloQasts recent market research into the areas of risk and compliance struck a chord with me.

Advisors

The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability. Why is it important?

Crime

The Fintech Times

JANUARY 21, 2025

As much as three-quarters (72 per cent) of regulated companies feel overwhelmed by current anti-financial crime compliance demands; according to the latest study by digital compliance and anti-money laundering (AML) solution provider SmartSearch.

Regulations

The Payments Association

AUGUST 7, 2025

In recent years, factors such as increased competition, rapid technological advancements, rising customer expectations and increasingly complex regulatory and compliance demands have collectively reshaped the requirements of card issuers and their platforms.

Innovation

Finovate

APRIL 4, 2025

. “This achievement marks the culmination of a rigorous pre-registration undertaking (PRU) process, during which Kraken consistently enhanced its governance, security, and compliance protocols to meet the highest industry standards,” the Kraken blog stated this week. appeared first on Finovate.

Mitigation

The Payments Association

JANUARY 13, 2025

It addresses how evolving regulations shape the digital asset landscape, influencing innovation, compliance, and global competitiveness. PSPs must adapt by enhancing compliance, leveraging new frameworks for innovation, and collaborating to shape practical regulatory solutions. Why is it important? What’s next?

Legal

Fintech Review

MARCH 12, 2025

Expanding our SOC 2 compliance from Type 1 to Type 2 underscores our commitment to the highest level of operational security, said Kevin Lehtiniitty, CEO of Borderless.xyz. Stablecoins are revolutionizing the payments industry at an incredible pace, and companies need reliable partners who can deliver robust security and compliance.

Stablecoins

The Payments Association

JUNE 3, 2025

The necessity of tokenisation in digital payments The traditional view of tokenisation as a fraud mitigation tool is outdated. As such, enterprises deploying tokenisation at scale must invest in governance frameworks that can adapt dynamically to shifting compliance requirements.

Security

Fintech Finance

DECEMBER 11, 2024

Armalytix , an award-winning fintech company that helps firms establish their clients financial position for compliance, affordability and more, has partnered with Birchall Blackburn Law, a highly respected law firm in conveyancing. The partnership goes beyond simply gathering basic financial information.

Laws

The Fintech Times

NOVEMBER 18, 2024

With enhanced observability, users can achieve more precise performance tracking, improving their ability to mitigate risks and adapt to market changes. As financial institutions navigate an increasingly regulated environment, Volante Payments Intelligence offers critical tools to support resilience and compliance.

ISO 20022

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. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting

The Payments Association

DECEMBER 2, 2024

For instance, the new legal and regulatory framework means businesses dealing in crypto must review their policies and procedures and prepare for increased disclosure, transparency, and compliance with tighter regulations. It revealed a significant variance in compliance across the sector.

Regulations

FloQast

JANUARY 22, 2025

Its what enables thousands of accounting teams worldwide to automate complex processes, reduce compliance burdens, and stay audit-ready. They were integrated into FloQasts larger compliance program , enhancing visibility across the organization. Internal Training and Awareness Compliance can only succeed when its embraced by everyone.

ISOs

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. Compliance is no longer a back-office task.

Finance

The Payments Association

MAY 28, 2025

OpusDatum, a leading provider of data-driven compliance solutions, has announced the launch of its comprehensive WTR Knowledge Hub , designed to enhance understanding and compliance across the global payments sector.

Compliance

Fintech Finance

JANUARY 31, 2025

year over year, Runa enables companies to simplify regulatory compliance, reduce foreign exchange risks, and provide flexible funding options when sending funds to Indian recipients. Flexible Funding & Foreign Exchange Options: Mitigation of capital control risks and seamless transactions without the need to hold Indian Rupees.

Cross-Border

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. AI is revolutionising fraud detection, compliance, and personalisation, while tokenisation enhances e-commerce security. User numbers are set to approach 3.9

Payments Trends

VISTA InfoSec

MARCH 25, 2025

Over the years, VISTA InfoSec has partnered with many distinguished organizations worldwide, offering tailored cybersecurity and compliance solutions that meet the highest standards of quality and precision. PCI QSA, QPA, and SSFA Certifications : Demonstrating expertise in payment security compliance.

Cybersecurity

EBizCharge

MARCH 18, 2025

Thankfully, this article will serve as a complete guide to help you securely process payments inside Sage 100, covering everything from integrating payment gateways into this system to ensuring compliance with security standards. By adhering to these standards, businesses can reduce data breach risks and maintain regulatory compliance.

Credit Cards

Fintech Finance

MARCH 10, 2025

To remain competitive, the report emphasises the shift towards Acquiring as a Service (AaaS), reducing costs while ensuring compliance and rapid innovation. Unlike traditional acquirers, these specialised providers offer customised payment processing, compliance solutions and fraud prevention.

Acquirers

The Payments Association

JUNE 24, 2025

Although the EBA proposes that national competent authorities (NCAs) adopt a streamlined process for granting authorisation, this would impose a significant compliance burden on firms. Such an approach is likely to be particularly attractive where there is an authorised PSP in the group and used to provide fiat payment rails.

Payment Service Provider (PSP)

Finovate

AUGUST 5, 2025

Moving forward, the two will leverage EverC’s AI capabilities and bring G2RS’s risk and compliance capabilities to the payments risk ecosystem. G2RS offers risk and compliance management for financial institutions and online platforms. The transaction is expected to close in the third quarter of this year.

Risk

M2P Fintech

APRIL 10, 2025

Supported by robust mutual fund collateral, LAMF enables financial institutions to extend lower interest rates to borrowers while significantly mitigating their own risk exposure. It optimizes workflows, improves decision-making accuracy, and ensures regulatory compliance, positioning it as an essential asset for lenders.

Mitigation

Stax

NOVEMBER 14, 2024

Fees include (but aren’t limited to) transaction fees, interchange rates, PCI compliance, and more. These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees.

Credit Cards

The Payments Association

OCTOBER 28, 2024

Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. Investment in consumer education, combined with continued innovation in fraud detection technologies, will be essential in mitigating these growing risks. What’s next?

Scams

Fintech Finance

FEBRUARY 5, 2025

Attendees can participate in sessions that explore: Regulatory Frameworks: Understanding international and local regulations to ensure compliance. Fraud Prevention and Cybersecurity: Developing robust strategies to mitigate risks in a rapidly digitalising world.

Embedded Finance

Neopay

DECEMBER 24, 2024

With our expertise in compliance, risk management, and regulatory frameworks, we help businesses fortify their defences against fraud. Our tailored services include: Compliance consulting: Develop robust frameworks to address vulnerabilities. Audit services: Identify and mitigate risks in your systems and processes.

Romance Scams