Neopay

JUNE 24, 2024

DORA mandated the ESAs to develop several policy products before its application date of January 17, 2025, to supplement the legal framework. The ESAs published a thematic report on the implementation of national financial education initiatives across the EU, focusing on digitalisation, cybersecurity, scams, and fraud.

Legal Framework 40

Legal Framework Financial Literacy Consumer Protection Risk Assessment 40

Segpay

MAY 1, 2024

DORA entered into force on January 16th, 2023, and its legal implementation deadline is January 17 th , 2025. Its legal framework is designed to enhance the operational resilience of all digital service providers, including payment service providers (PSPs), that operate in the European Union (EU).

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

FEBRUARY 5, 2024

Healthcare providers, for instance, may factor in compliance costs spent on cybersecurity measures, staff training, regular audits, and legal consultations to ensure adherence to health information privacy regulations. Be aware of restrictions and guidelines in your business jurisdictions to avoid legal repercussions.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

The Fintech Times

MARCH 23, 2024

Together, they propose a shift in data management and usage, highlighting the distinctiveness inherent in digital representations and advocating for a revised approach to legal frameworks.

Economy 59

Economy Crime Legal Framework Governance 59

The Fintech Times

JULY 2, 2024

There are political shifts, economic reforms, and efforts to modernise outdated legal frameworks. Also, in fintech and various other industries, regulatory frameworks governing digital payments, cybersecurity, and data privacy can differ vastly across borders within the region.

FinTech 59

FinTech Cross-Border Underserved Legal Framework 59

PYMNTS

APRIL 28, 2017

But if users have already backed up their files, they won’t need to pay in the first place. …………………………… Here’s the lowdown on other cybersecurity news updates from this past week: Hackers Exploit Microsoft Word Flaw to Spy, Steal.

Ransomware 62

Ransomware End User Crime Authentication 62

Finovate

JANUARY 24, 2025

Shabi: Complying with the MiCA framework is the first thing that comes to mind when cryptocurrency and the EU are mentioned in the same sentence. MiCA is the EUs first comprehensive legal framework for crypto assets that introduces clear and consistent rules across member states. raised $4.5 in seed funding.

Regulations 73

Regulations FinTech BNPL Cross-Border 73

Clearly Payments

FEBRUARY 8, 2024

Additionally, payment regulation mandates stringent security measures, data protection standards, and adherence to anti-money laundering (AML) regulations to thwart fraud, cybersecurity breaches, and illicit financial activities.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

Segpay

MARCH 20, 2024

This proactive approach to fraud detection minimizes financial losses for banks and customers, strengthens cybersecurity posture, and mitigates data breaches and cyber-attack risks. Another significant concern is how to safeguard minors and fight against content that violates age restrictions in a virtual AI-generated environment.

AI 111

AI Privacy Non-Bank Fraud Detection 111

Fintech News

FEBRUARY 2, 2025

11 of 2008 on Electronic Information and Transactions, meanwhile, governs the use of electronic information and transactions in Indonesia, providing a legal framework for electronic transactions and digital identity verification, which can be applied to eKYC practices. Finally, Law No.

AML 102

AML Due Diligence Money Laundering Legal Framework 102

The Fintech Times

JANUARY 18, 2025

” Cybersecurity challenges Elena Bazhenova , payment specialist at Exactly , a payment solution provider offering international support and a range of fintech services, explains that cybersecurity and keeping customer data safe will be one of the biggest challenges for fintechs looking to make a positive social impact. .”

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59

Fintech News

FEBRUARY 11, 2025

They include enhancing cybersecurity protections, mitigating AI bias, and ensuring that financial institutions use accurate and representative data in their AI models. Rather than imposing a rigid legal framework, the U.K.s The Executive Order directs over 50 federal entities to implement more than 100 AI-related actions.

AI 115

AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 115