The Payments Association

DECEMBER 2, 2024

2024 reshaped payments with instant payment mandates, crypto regulations, and enhanced consumer protection driving innovation and security. In 2024, payments regulation underwent seismic shifts, with reforms spanning fraud prevention, digital innovation, and consumer protection, collectively redefining the industry’s future.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

Fintech Finance

MARCH 3, 2025

The Payments Association , a trade group representing the payments sector, today sees the official launch of its Payments Manifesto 2025, containing key policy recommendations to support the government’s vision for a world-class payments industry. Id also like to thank our member Cardaq for sponsoring this event.”

Governance 80

Governance Government Innovation Cross-Border Payments 80

The Payments Association

DECEMBER 11, 2024

It highlights the need for a strategic, proportionate approach to safeguarding that aligns with broader regulatory and consumer protection goals. The government invited the FCA to consult on the safeguarding regime in 2023. Why is it important? What’s next?

Treasury 88

Treasury Payments Consulting Consumer Protection 88

Fintech Finance

MAY 20, 2025

” Views of the regulator The findings come following a government move to disband the Payments Services Regulator (PSR). Beyond fraud, more than half of respondents (57 per cent) said faster, more efficient payments should be a key focus for the new regulator, alongside consumer protection (49 per cent).

Risk 96

Risk Finance Embedded Finance Security 96

The Payments Association

JANUARY 13, 2025

The introduction of the Digital Assets Bill and the Financial Conduct Authority (FCA)s ongoing efforts to regulate cryptoassets demonstrates the regulator’s intentions to further define just how digital assets are governed and traded.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech News

DECEMBER 18, 2024

This initiative aims to advance sustainable development across ASEAN by aligning environmental, social, and governance (ESG) metrics. During the meeting in February 2024, the exchanges formalised their collaboration by establishing a governance structure and operational plan.

FinTech 117

FinTech Law Enforcement Financial Literacy Innovation 117

Fintech Finance

MAY 2, 2025

This industry-wide collaboration is in direct response to the UK Government’s call for industry partners to play a role in supporting the effective and timely delivery of cVRPs. Greg Cox, CEO at Acquired.com , said: “We are delighted to support this industry-owned initiative to create a central operator for cVRPs.

Payments 81

Payments Consumer Protection Governance Government 81

Neopay

MAY 28, 2025

Businesses and consumers will benefit from new growth-focused Strategic Steer set for the Competition and Markets Authority (CMA), in the latest step of the governments agenda to reform regulation to drive growth as part of the plan for change. The Government wants to see the same level of ambition from other regulators.

Government 52

Government Governance Regulations Consumer Protection 52

Fintech News

JUNE 5, 2024

BNPL providers will need to assess whether their products are suitable and affordable for consumers. When consumers do get into trouble, they might not have access to effective dispute resolution and hardship processes. The new laws aim to balance consumer protection with innovation and competition.

Regulations 113

Regulations Product BNPL Consumer Protection 113

Fintech News

JANUARY 13, 2025

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. Funding has now reverted to pre-pandemic levels, creating a challenging environment for many players in the ecosystem.

FinTech 117

FinTech Cross-Border On-Demand Innovation 117

The Payments Association

JANUARY 16, 2025

As the EUs most extensive effort to regulate the crypto market, MiCA seeks to address longstanding issues such as regulatory fragmentation, consumer protection, and market stability. The regulation introduces strict requirements for stablecoin issuers, including robust reserve backing, transparency, and governance.

Compliance 88

Compliance Cross-Border Payments Cross-Border Stablecoins 88

Neopay

NOVEMBER 25, 2024

These changes aim to address persistent issues in safeguarding practices and enhance consumer protection. Why safeguarding matters Safeguarding ensures that funds received by payment and e-money firms are protected. The FCA’s consultation provides a roadmap to better safeguarding practices and consumer protection.

Consumer Protection 52

Consumer Protection Consumer Audit Compliance 52

The Payments Association

NOVEMBER 28, 2024

In the UK, consumers and businesses make around 1,500 transactions every second. The government aims to simultaneously boost the economy and drive innovation in payments, via the National Payments Vision and Strategy, which has been shaped by views and inputs of over 100 financial institutions.

Authentication 88

Authentication Regulations IBAN Rules 88

The Payments Association

MARCH 17, 2025

How the FCA can define and balance acceptable risk in UK payments regulation to support innovation while ensuring financial stability and consumer protection. Exempting these businesses from certain consumer protection rules (where appropriate) could free up resources for innovation and expansion. Why is it important?

Regulations 88

Regulations Risk Stablecoins Payments 88

Fintech Finance

DECEMBER 18, 2023

A grant from the Mastercard Center, through the Mastercard Impact Fund, will accelerate the research and development of a global framework for consumer protection and empowerment in new and emerging digital infrastructure to ensure the potential of these platforms is realized.

Consumer Protection 52

Consumer Protection Consumer Visa Economy 52

The Payments Association

MARCH 18, 2025

But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. For payments firms, this opens doors to alternative credit scoring, smarter risk assessment, and deeper customer engagementbut also significant challenges around governance and trust. reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Fintech News

JULY 21, 2024

Key improvements to the regulations include enhanced institutional frameworks, risk management, governance, and consumer protection, with a focus on bolstering support for the productive sector.

P2P 116

P2P Caps Consumer Protection Risk Management 116

The Fintech Times

NOVEMBER 2, 2024

King Jigme Khesar Namgyel Wangchuck serves as the head of state, while Prime Minister Lotay Tshering leads the government. Despite its historical lag in technology adoption, recent years have seen significant government efforts to expand ICT and telecommunications infrastructure.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Fintech News

FEBRUARY 27, 2024

These negative developments likely influenced governments across the globe, because the following 12 months saw an extraordinary boom in crypto policy regulation in APAC countries. The Act is notably focused on consumer protection, imposing stringent penalties for market misconduct and manipulation.

APACS 132

APACS Regulations Stablecoins Cryptocurrency 132

Fintech News

JANUARY 7, 2025

Singapore’s government has clarified that the Shared Responsibility Framework will not apply to credit card fraud cases, citing existing robust protections for consumers. Push notifications, he noted, cannot be phished, unlike SMS OTPs, further enhancing consumer protection. million each year.

Credit Cards 107

Credit Cards Push-to-Card Card Issuer Authentication 107

Innovative Payments Association

JANUARY 14, 2025

Proposals to repeal existing regulations through the Congressional Review Act (CRA), calls to eliminate the Consumer Financial Protection Bureau (CFPB), and other deregulatory measures suggest significant changes may be on the horizon. However, industry leaders must temper their expectations.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) CFPB FDIC Consumer Protection 52

PYMNTS

DECEMBER 28, 2018

The Federal Trade Commission, which was conducting a probe into Facebook and its practices, will be forced to shutter the investigation due to the government shutdown, according to a report by The Washington Post. The commission’s budget ran out on Friday (Dec.

Shutdown 51

Shutdown FTC Governance Government 51

The Payments Association

MAY 3, 2025

She also referenced a broader issue of regulatory inertia: The previous government had plans to revoke the Payment Services Regulations and embed them into FCA rules. For scale-ups like us, weve built regulatory muscle over the yearsour teams understand governance, conduct rules, and operational resilience.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

Clearly Payments

MARCH 11, 2024

Recognizing the potential risks and opportunities associated with cryptocurrencies, Canadian regulatory bodies have been proactive in developing frameworks to govern their use. Focus on Consumer Protection: The government seems more focused on consumer protection and staying informed about the evolving crypto landscape.

Cryptocurrency 104

Cryptocurrency Consumer Protection Financial Inclusion Payments 104

Fintech Finance

MAY 14, 2025

All have high trust in biometrics, blockchain, and AI, possibly linked to government-led digital strategies and a supportive regulatory environment akin to Chinas. German consumers are confident in consumer protections but cybersecurity and privacy are significant trust barriers.

Economy 52

Economy Consumer Deepfake Consumer Protection 52

Fintech News

JANUARY 21, 2025

The Financial Services Authority ( OJK ) of Indonesia has issued a new regulation to govern Alternative Credit Ratings (PKA), also known as Innovative Credit Scoring (ICS). The regulation outlines the framework for PKA operations, including institutional requirements, governance, data security, and consumer protection.

Regulations 90

Regulations Consumer Protection Compliance Government 90

Fintech News

APRIL 3, 2025

Regulators are stepping in to impose stricter consumer protection measures, aiming to curb overspending and prevent debt traps. Consumer protection measures in the Code, like suspending users from making more BNPL purchases if they miss payments, help reduce the risk of excessive debt. billion by 2025. billion by 2025.

BNPL 113

BNPL Regulations Accreditation Consumer Protection 113

The Payments Association

OCTOBER 28, 2024

Collaboration with law enforcement and the Government The report stresses the importance of ongoing collaboration between financial institutions, regulators, and law enforcement. New APP reimbursement rules The introduction of new APP fraud reimbursement rules on 7 October 2024 marks a significant step in enhancing consumer protection.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

Fintech News

FEBRUARY 21, 2024

Amidst this complex backdrop, regulatory efforts, particularly in jurisdictions like Singapore, have taken center stage, offering a glimpse into the future of crypto governance and its potential to shape the industry’s trajectory toward greater safety and integrity. billion (SG$ 32.51

Crime 109

Crime Ransomware Scams Romance Scams 109

Fintech Finance

SEPTEMBER 24, 2024

The government is producing a much needed National Payments Vision and Strategy (NPV&S), that reflects its recognition of the systemic importance of payments to the UK authorities and how its leadership must give rise to a new era for payments. Prioritise initiatives and decide on investment programmes.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

The Fintech Times

MAY 4, 2025

This industry-wide collaboration, coordinated by Open Banking Limited , comes in direct response to the UK Governments call for industry partners to play a role in supporting the effective and timely delivery of cVRPs.

Consumer Protection 45

Consumer Protection Governance Government Automation 45

The Fintech Times

APRIL 4, 2025

Kraken secured restricted dealer registration in Canada following an intense pre-registration undertaking (PRU) process, in which Krakenenhanced its governance, security, and compliance protocols to ensure it met the highest industry standards. It has also exceeded $2billion CAD in combined client assets under custody.

Security 52

Security Bitcoin ATM Consumer Protection 52

The Fintech Times

MAY 2, 2025

Hosted at the I nstitute of Directors by the Department for Business and Trade , alongside HM Treasury and the Office for Investment, the event gathered international investors, government officials, fintech founders and trade envoys to reaffirm the UKs ambition to lead on the global fintech stage.

FinTech 64

FinTech Stablecoins Legal Framework Central Bank 64

Stax

DECEMBER 2, 2024

In parallel with growing market adoption of surcharging, more states have considered and enacted surcharging legislation, often with the stated goal of standardizing surcharging and ensuring consumer protection. In 2024 alone, more than a dozen state legislatures introduced bills related to surcharging and consumer fees generally.

Junk Fees 68

Junk Fees Credit Cards Push-to-Card Laws 68

Finovate

AUGUST 26, 2024

Governance, risk, and compliance platform Themis has partnered with regulatory compliance company Sei. “Together, we aim to improve consumer protection and help companies navigate an increasingly complex regulatory environment.” Themis won Best of Show in its Finovate debut at FinovateFall 2022. .

Compliance 111

Compliance AI Regulatory Compliance Consumer Protection 111

Open Banking Excellence

OCTOBER 6, 2023

Your guide to the Consumer Financial Protection Bureau's (CFPB) imminent proposals for a new regulatory framework governing “Personal Financial Data Rights” The US will propose a new “Open Banking Rule” this year which will set the foundations for an ecosystem with the potential to become the largest in the world.

Consumer Financial Protection Bureau (CFPB) 130

Consumer Financial Protection Bureau (CFPB) Rules CFPB Finance 130

Fintech News

DECEMBER 13, 2024

One of the key drivers of this movement is the desire to maintain monetary sovereignty as stablecoins that are pegged to local currencies allow governments to align digital financial systems with their national economic objectives. It’s merely a reminder of its risks.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Caps 109