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. Why is it important?

IBAN

Fintech Finance

DECEMBER 16, 2024

This significant milestone affirms that the company meets the highest levels for data security, availability, and reliability across its entire organization and underscores its role as a trusted partner for merchants by providing assurance that its procedures have been rigorously reviewed and certified by an accredited body.

ISOs

Fintech News

JUNE 9, 2025

Summy provides case summaries and recommends actions for teams working in risk, compliance, and fraud. This Case Management feature is integrated across Sumsub’s identity verification, anti-fraud, and anti-money laundering solutions, and is available for immediate deployment without requiring complicated setup procedures.

Financial Crimes

Stax

NOVEMBER 14, 2024

Fees include (but aren’t limited to) transaction fees, interchange rates, PCI compliance, and more. There are also risk holds—a routine procedure that most companies experience within the first few weeks of processing with a new merchant services account. You also have to be mindful of the costs of credit card processing.

Credit Cards

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

Neopay

JUNE 24, 2025

But a strong compliance framework is about more than just ticking boxes. Margita provides her thoughts on why firms should not neglect this vital health check, even though it is not specifically mandated, and how it forms part of an overall compliance strategy. These are the foundations of a firm’s compliance framework.

Audit

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. This could involve regular audits of AI systems, rigorous testing procedures, and ongoing monitoring of their performance to identify and address discriminatory patterns.

Privacy

Fintech Finance

NOVEMBER 27, 2024

The global player, an expert in local regulations, guarantees full RGPD compliance and data integrity, thanks to datacenters based exclusively in Europe. This approach meets Doctolib’s strict data protection requirements.

Consulting

Cardfellow

JUNE 25, 2025

Once a customer has disputed a charge, a your acquiring bank will begin going through a specific procedure to resolve the issue. Every acquiring bank has its own specific procedure for handling chargebacks, but they’re all governed by the framework set up by the card brand.

Disputes

My Payment Savvy

AUGUST 10, 2025

requirements and how each technology affects your compliance scope What Is Tokenization? Simplified PCI Compliance: Since tokens aren’t considered sensitive data under PCI DSS, tokenization can significantly reduce your compliance scope and audit requirements. Fewer systems fall under PCI requirements.

Encryption

Stax

MARCH 18, 2025

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. Keep in mind that some providers have hidden fees, such as setup, withdrawal, chargeback, early termination, and PCI compliance fees.

Process

Neopay

APRIL 10, 2025

This follows a 2022 penalty of 70,000 for delayed accounts and after previous attention of the UK’s Financial Conduct Authority in 2019 on AML compliance. How Neopay can help At Neopay, we’re experts at helping regulated businesses build, audit, and enhance their compliance frameworksbefore the regulators come knocking.

Central Bank

My Payment Savvy

AUGUST 10, 2025

Since CVV codes aren’t stored in merchant databases ( PCI compliance prohibits this), criminals who only have card numbers from data breaches won’t have access to CVV codes. Check Their Security Credentials Look for Level 1 PCI-DSS compliance as a minimum requirement. Here’s what to look for when evaluating options.

Fraud Detection

Stax

MAY 5, 2025

In addition to the usual concerns around security and compliance, there’s also the issue of user experience. It is crucial to consider features like recurring billing, multilingual and multi-currency support, scalability, data security compliance, and customer support service.

Payment Gateways

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

Fi911

JUNE 9, 2025

Institutions need clear escalation procedures that bypass normal channels. Legal and compliance teams should guide messaging while maintaining operational security. Success requires combining technical controls, human awareness, and operational procedures. Law enforcement coordination requires established relationships.

Email Compromise

The Payments Association

JULY 15, 2025

Questions address both immediate challenges (fraud prevention, regulatory compliance, technology readiness) and forward-looking opportunities (AI implementation, collaborative defence strategies, regulatory evolution). Job titles span executive leadership, compliance management, risk oversight, and technical implementation roles.

Financial Crimes

The Paypers

JUNE 26, 2025

Sumsub has teamed up with Data Zoo to enhance compliance procedures and fraud prevention solutions for financial institutions globally.

Compliance

The Payments Association

JULY 8, 2025

Streamlined PSD2 authorisation: Where additional PSD2 authorisation is required, NCAs are advised to streamline procedures and leverage information already provided under MiCA. However, they will generally need to obtain authorisation under PSD2 to continue providing EMT transfer services beyond that date.

Stablecoins

The Payments Association

JUNE 16, 2025

The data reveals a cascading hierarchy of pressures, with compliance and regulatory challenges affecting 66% of merchants, closely followed by settlement delays that impact 64% of businesses, creating working capital constraints. This challenge hierarchy reveals clear market positioning opportunities for payment providers.

Innovation

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

Stax

JUNE 17, 2025

Becoming a registered ISO requires sponsorship from a bank and registration with card networks, plus meeting rigorous compliance, financial, and operational standards. When choosing an ISO, look beyond pricing—evaluate their technology stack, customer support, contract terms, industry expertise, and reputation.

ISOs

Innovative Payments Association

JUNE 27, 2025

Session 1: IPA Compliance Boot Camp ​Reg E, which governs electronic fund transfers and consumer protections under the Electronic Fund Transfer Act, remains a cornerstone of compliance in the payments industry. Register Now | Compliance Boot Camp ​The IPA’s Compliance Boot Camp in Chicago on Sept.

Reg E

The Payments Association

JUNE 16, 2025

Next steps and strategic considerations Key Takeaways for Compliance Leads Trust and controls – Compliance priorities for offline digital pound implementation Introduction – Policy-Driven Design Offline payments introduce unique regulatory and compliance questions. The longer the delay, the greater the monitoring burden.

Settlement

Finextra

AUGUST 7, 2025

FinTech’s Compliance Gap Is Widening Fintech continues to drive innovation, but growth has outpaced compliance capabilities in many firms: 70% of regulators report high or increasing ML/TF risks in fintech. The EBA identifies significant gaps: CASPs often lack CDD procedures and struggle to identify beneficial owners.

Risk

Finextra

JUNE 25, 2025

The initiative represents more than technical compliance — its a comprehensive transformation that will reduce payment costs by 85-90% for euro operations, eliminate cross-border fees in the SEPA zone, and provide Ukrainian businesses with seamless access to over 520 million European consumers. Regulatory advantages are equally significant.

FinTech

Finextra

JULY 21, 2025

Financial institutions that delay transformation risk regulatory non-compliance, competitive disadvantage, and operational inefficiencies that compound exponentially over time. The compliance burden extends beyond implementation to documentation and reporting.

Payment APIs and Integration

The Payments Association

JANUARY 3, 2025

We try to educate guests, but theres always pushback when standard procedure to protect our revenue is perceived as a hassle, she said. The discussion underscored the pressing need for end-to-end visibility, improved fraud detection technologies, and greater collaboration across sectors.

Fraud Detection

Fintech Finance

APRIL 27, 2025

Following Tapcheck ’s recent announcement of raising $225 million through combined equity and debt funding, the company has revealed a strategic partnership with Viventium , who offers an industry-leading payroll, HR, and compliance platform purpose-built for healthcare providers. “This collaboration marks a new era for Tapcheck.

On-Demand

The Paypers

JUNE 17, 2025

However, the speed of the procedure is dictated by the payment rails technology, which is integrated into a financial institution’s network.

Cross-Border

The Payments Association

JULY 17, 2025

Despite the fact that fintech is a leading example of digital transformation for many sectors and practices, companies still manage audit processes and procedures manually, often with messy email threads, shared file storage, and multiple versions of documents, resulting in hundreds of files.

Audit

EBizCharge

APRIL 7, 2025

Unlike on-premises software, cloud platforms are regularly updated by the provider, ensuring users always have access to the latest features, security enhancements, and compliance support without the need for manual upgrades. Think of it as protecting the foundation of your operations while expanding to new heights.

Assessments

Fintech News

FEBRUARY 5, 2025

By integrating with DVS, Sumsub ensures compliance with local anti-money laundering (AML) and Know Your Customer (KYC) regulations while reducing fraud and streamlining onboarding through automation. It also minimises the risk of penalties associated with non-compliance.

Verification

EBizCharge

AUGUST 5, 2025

Staff that currently perform manual data entry need to be trained on new procedures, and managers have to revise reporting and supervision procedures to accommodate automated workflow. This includes making a list of all of the systems affected, mapping out current workflows, and establishing clear success metrics for the integration.

Best Practices

Neopay

JUNE 26, 2025

For these services, the No Action letter advises NCAs to require an authorisation under PSD2 only from 2 March 2026 onwards and, during the authorisation process, to apply streamlined procedures that make maximum use of information that legal entities provide during their CASP authorisation process.

Regulations

Neopay

JUNE 26, 2025

FATF’s Latest Update of High-Risk Third Countries – June 2025 The Financial Action Task Force (FATF) has released its latest review following the June 2025 plenary in Strasbourg, highlighting notable changes that compliance professionals, financial institutions, and regulators need to be aware of.

Financial Crimes

Fintech Finance

MAY 1, 2025

Key features include: AI That Respects Rules and Roles : Operates in accordance with security and compliance requirements. Summarize fees by payment processor for Q1. Notify me if any duplicate payments are charged. Centralized communication and AI-driven workflows keep teams aligned and efficient.

Treasury