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. In January 2023, HM Treasury issued the Payment Services Regulations: Review and Call for Evidence. Why is it important? What’s next?

Treasury 88

Treasury Payments Consulting Consumer Protection 88

Clearly Payments

OCTOBER 30, 2024

Overview of International Payment Processing At its core, international payment processing involves handling transactions across borders , where factors like currency conversion, payment method preferences, and local regulations come into play. As global online shopping grows rapidly, consumers expect seamless payment experiences.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Axway

JANUARY 3, 2025

In October 2024, the Consumer Financial Protection Bureau (CFPB) issued its final ruling on section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The verdict has been a significant catalyst for open banking, requiring financial institutions …

Consumer Financial Protection Bureau (CFPB) 52

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

Fintech News

FEBRUARY 27, 2024

2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon. This transition is currently in progress.

APACS 132

APACS Regulations Stablecoins Cryptocurrency 132

The Payments Association

JANUARY 16, 2025

Clear Junction , a global leader in cross-border payments for regulated financial institutions, has revealed a significant gap in the preparedness of payment industry leaders to navigate the complexities of the Markets in Crypto-Assets Regulation (MiCA) regulation, which is now in effect across the EU.

Compliance 88

Compliance Cross-Border Payments Cross-Border Stablecoins 88

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

APRIL 3, 2025

What started as a consumer-friendly alternative to traditional credit is becoming a more concrete financing solution in the digital payments ecosystem, particularly in emerging markets like BNPL regulation in Asia. While BNPL loans remain at manageable levels, regulators are closely monitoring the sectors impact on household debt.

BNPL 113

BNPL Regulations Accreditation Consumer Protection 113

The Fintech Times

NOVEMBER 27, 2024

While the FCA still warns that consumers who invest in cryptoassets ‘should be prepared’ to lose all of their money, due to the continuing volatility and lack of regulation surrounding the industry, consumers appear undeterred. Can the FCA move fast enough?

Regulations 112

Regulations Stablecoins Risk Consulting 112

Fintech Finance

JULY 15, 2024

Regulatory clarity and consistent standards are critical for providers offering safe, transparent and responsible financial services and even more important for consumers who expect protections when utilizing financial services including Buy Now Pay Later,” said Phil Goldfeder, Chief Executive Officer of AFC. “We

Consumer Financial Protection Bureau (CFPB) 98

Consumer Financial Protection Bureau (CFPB) CFPB Rules BNPL 98

Fi911

MAY 22, 2025

Why an Upgrade is Needed PSD2, implemented in January 2018, was designed to transform the EU payments ecosystem by enhancing competition, boosting innovation, and strengthening consumer protections. Consumer Protection with stronger authentication and fraud prevention measures, such as Strong Customer Authentication (SCA).

Payment APIs and Integration 62

Payment APIs and Integration Fraud Prevention Consumer Protection API 62

The Payments Association

MAY 3, 2025

It highlights how innovation, regulation, AI, and risk management are shaping the future of payments and impacting business models. Firms must build resilience, align with evolving regulations, and invest in practical innovation to stay competitive in a volatile landscape. Why is it important? I hope PSD3 will correct this.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

The Payments Association

MAY 16, 2025

Merchant-facing regulation: What merchants need to know in 2025 15 May 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Each section includes an overview of the regulation, the legal and operational risks involved, and the practical actions required to support readiness and ongoing compliance.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

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. Encourage the adoption of a national regulatory framework that supports fintech growth.

Consumer Financial Protection Bureau (CFPB) 52

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

PYMNTS

MARCH 20, 2020

The policy being drafted by India’s trade ministry also calls for a new regulator to provide oversight and enforce compliance. The regulator will have the authority to request information from tech firms and also enforce other Indian laws aimed at consumer protection and fair competition, the sources said.

Rules 73

Rules Law Enforcement Laws Regulations 73

The Fintech Times

SEPTEMBER 27, 2024

“We’re consulting on proposals to make safeguarding rules stronger and clearer for payment and e-money firms so customers get as much of their money back as quickly as possible if the firm goes out of business,” Matthew Long explained. The FCA has asked for all responses to the consultation by 17 December 2024.

Consumer Protection 59

Consumer Protection Consumer Consulting Payments 59

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. Enhanced rules for safeguarding through insurance or comparable guarantees. What’s next?

Consumer Protection 52

Consumer Protection Consumer Audit Compliance 52

The Payments Association

OCTOBER 28, 2024

One of the key shifts in APP fraud this year involves the introduction of new reimbursement rules , which came into effect in October 2024. Collaboration with law enforcement and the Government The report stresses the importance of ongoing collaboration between financial institutions, regulators, and law enforcement. Read More »

Scams 88

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

PYMNTS

JANUARY 23, 2020

Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing artificial intelligence and automated decision-making technology. There will be a presentation about a European approach to AI in February.

Consumer Protection 52

Consumer Protection AI Automation Consumer 52

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

PYMNTS

SEPTEMBER 30, 2020

It would instead offer payment companies a national servicing platform to replace the regime of state regulations such firms would be subject to under existing laws. Commercial companies accessing a payments charter would avoid oversight and regulations that protect the financial system and consumers,” the bank industry leaders wrote.

Office of the Comptroller of the Currency 139

Office of the Comptroller of the Currency OCC Regulations Non-Bank 139

The Payments Association

MARCH 18, 2025

As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration. Unlike open finance, which typically operates within regulated frameworks, open data relies heavily on voluntary data sharing and commercial agreements.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Payments Association

DECEMBER 9, 2024

Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems. If AI systems are not transparent or auditable, it becomes difficult for regulators to assess whether the systems are operating in a manner that protects consumers privacy.

Privacy 88

Privacy AI Payment Security Security 88

PYMNTS

OCTOBER 5, 2016

As one might expect of a financial product that has so rapidly become so widely popular, the prepaid card industry managed to catch the attention of the Consumer Finance Protection Bureau, which has been considering new regulations for some time that would create “strong federal consumer protections for prepaid account users.”

CFPB 75

CFPB Rules PayPal Debit Card 75

Clearly Payments

NOVEMBER 18, 2024

Chargebacks, while essential for consumer protection, can pose significant challenges to businesses. Skills Required: Attention to detail, familiarity with card network rules, and proficiency in analyzing transaction data. Skills Required: Leadership, project management, and knowledge of chargeback regulations.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

PYMNTS

MARCH 31, 2019

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for how to police the internet, according to reports. “By At Google, he pointed to its role in online ads as an antitrust and consumer protection concern. Landry said.

Regulations 60

Regulations Federal Trade Commission FTC Rules 60

PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters.

Regulations 57

Regulations Cryptocurrency Digital Currency Rules 57

PYMNTS

APRIL 25, 2019

The Consumer Financial Protection Bureau (CFPB) announced Thursday (April 25) that it has issued a request for information on its remittance rule, which had faced calls by the Credit Union National Association for revision. The rules excluded a provider that does less than 100 transfers.

CFPB 59

CFPB Rules Consumer Financial Protection Bureau (CFPB) Request for Information 59

Fintech Finance

MARCH 4, 2025

As digital payments increase post-COVID and scammers implement new solutions such as artificial intelligence (AI), the report takes a look at how regulators around the world are seeking to combat fraud. Both financial institutions and regulators have put fraud prevention and detection in the forefront for 2025.

Fraud Prevention 52

Fraud Prevention Deepfake Scams Fraud Detection 52

PYMNTS

OCTOBER 6, 2016

As the specifics of the CFPB’s pre-paid card rule are making their way through the ecosystem, the players are starting to come out with their takes on the newest set of financial regulations. Among the opinionators was Green Dot CEO and founder Steve Streit.

Rules 49

Rules CFPB Debit Card Consumer Protection 49

Neopay

AUGUST 22, 2024

Rachel Reeves, the UK Chancellor, is urging regulators to demonstrate how they are promoting the City’s competitiveness while safeguarding consumers. The Payment Systems Regulator (PSR) has led the effort to combat fraud, particularly authorised push payment (APP) fraud, which cost UK citizens £460 million last year.

Rules 52

Rules Treasury Push-to-Card Regulations 52

Fintech Review

MAY 1, 2025

Yet, as digital financial services scale globally… Regulation and compliance have become just as important as product design and user experience. Understanding regulation and compliance is now a critical success factor for fintech founders, investors, and operational leaders. It is no longer enough to innovate.

Compliance 59

Compliance Regulations FinTech CCPA 59

Finovate

NOVEMBER 4, 2024

Open banking Open banking– specifically the recently released Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act– was one of the hottest topics of the show. The majority of people on the networking floor I spoke with had not read the entire, 594-page ruling.

AI 59

AI Bots Cross-Border Payments Rules 59

PYMNTS

NOVEMBER 18, 2016

When it comes to issues of competition and regulation , the sharing economy may still have a long way to go. There are also unanswered questions regarding regulation in the sharing economy — think the U.K.’s ’s recent Uber ruling. And not just in the sense that it’s disruptive to the status quo.

Economy 57

Economy Regulations Consumer Protection Continuity 57

Fintech News

JANUARY 7, 2025

Push notifications, he noted, cannot be phished, unlike SMS OTPs, further enhancing consumer protection. The chargeback mechanism under card scheme rules also offers recourse for cardholders to dispute charges and recover funds, particularly in cases where merchants fail to enable 3DS authentication.

Credit Cards 107

Credit Cards Push-to-Card Card Issuer Authentication 107

Finovate

SEPTEMBER 18, 2024

The regulatory body is currently taking public comment on the rule. Maintaining records of custodial accounts will help regulators ensure that deposit insurance can be quickly and accurately provided in the event of a bank failure. A large piece of this provides clarity about FDIC insurance.

Rules 52

Rules FDIC Non-Bank Money Laundering 52

Segpay

MAY 5, 2025

The Financial Conduct Authority (FCA) has taken a principles-based approach , focusing on financial stability, consumer protection, and market integrity, rather than prescribing rigid rules for each type of digital asset.

Compliance 52

Compliance Regulations Stablecoins AML 52

PYMNTS

MARCH 9, 2018

While the European Banking Authority has created a “roadmap” on how to regulate emerging FinTech services, the body is not keen on creating a unified approach to cryptocurrency regulation — at least not yet, Reuters reported.

Authorization 53

Authorization Regulations FinTech Cryptocurrency 53