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Increasingly Complex Regulations Harming Growth Prospects for UK Businesses, Says SmartSearch

The Fintech Times

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. With financial crime costing the UK up to 100billion a year, strong regulation is essential.

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Transfeera, a Company From PayRetailers Group, Enhances Pix Solution to Help Betting Operators Comply With Brazil’s New Regulations

Fintech Finance

Transfeera , a company from PayRetailers group specialising in financial solutions, has enhanced its Pix payment capabilities to support betting operators in Brazil as they adapt to new sports betting regulations that took effect on 1 January 2025.

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UK Finance Finds Fall in Public Capital Markets, as Private Markets Continues Rapid Growth

The Fintech Times

The sustained growth of venture capital and private equity has also contributed to the continued growth of UK capital pools, with these capital sources accounting for 15 per cent of newly issued capital in 2024, compared with five per cent in 2013. The UKs capital markets operate in an increasingly competitive global environment.

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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

Instead, we have shifted to a new approach where the private sector is responsible for providing the trust services and the government will regulate and supervise. regulations and have the system up and running in the next 12 to 18 months. Our goal is to comply with eIDAS 2.0

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IFX Payments Selects Form3 for Verification of Payee Solution Ahead of Instant Payments Regulation Mandate

Fintech Finance

IFX Payments , a service-led alternative banking partner, today announces it will be using Form3 ‘s Verification of Payee (VoP) solution for SEPA account, strengthening its defences against payment fraud and aligning with the Instant Payments Regulation mandate. The solution has been designed with compliance in mind for customers.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems.

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dLocal Announces Expansion of Offering to UK Merchants With New Authorised Payment Institution License and Partnership With ICC

Fintech Finance

This milestone positions dLocal to offer regulated payment services in the UK, bolstering its commitment to global compliance and expanding its service offerings for UK-based merchants. Our innovative, secure, and efficient payment solutions are designed to help UK businesses scale globally and thrive in dynamic, emerging economies.