The Payments Association

MAY 16, 2025

As the digital economy continues to grow, so does the need for quick, seamless, and secure payments. On top of that, businesses need to make sure their AI tools meet local regulations and privacy laws. But traditional systems often struggle to keep upthey’re slow, clunky, and increasingly vulnerable.

AI 88

AI Security Fraud Prevention Fraud Detection 88

PYMNTS

OCTOBER 21, 2020

Uber is weighing contingency plans that could dramatically shrink its California operations should a ballot campaign aimed at revoking a controversial state labor law fall short on Election Day. Uber and Lyft face nearly $400 million in increased labor costs should the law go into effect as planned on Jan. 1, Reuters has estimated.

Laws 76

Laws Consumer Legal Economy 76

The Fintech Times

FEBRUARY 4, 2025

Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. Historically, Senegals economy has centred around agriculture, particularly peanuts.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

The Fintech Times

JANUARY 10, 2025

Now that the cross-border payment fintech can offer regulated payment services in the UK, it plans to help firms in the region easily scale globally, and to specifically target emerging economies. Our innovative, secure, and efficient payment solutions help UK businesses scale globally and thrive in dynamic, emerging economies.”

Payments Institute 59

Payments Institute Security Alternative Payment Methods Cross-Border Payments 59

The Fintech Times

FEBRUARY 26, 2024

Fundamental risks to using CBDCs Nina Moffatt, fintech and regulation partner, Paul Hastings Nina Moffatt , fintech and regulation partner, of law firm Paul Hastings , notes that while CBDCs are an attractive option, risks such as settlement times are preventing mainstream adoption.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

Fintech Finance

MARCH 17, 2025

The upcoming VAT law , effective July 1, 2025, underscores the increasing need for efficient, transparent, and compliant financial management solutions. Vietnam’s dynamic business environment presents both challenges and opportunities for businesses. “Visa is committed to driving financial inclusion and innovation in Vietnam.

Digital Payments 66

Digital Payments Payment Solutions Financial Inclusion Payments 66

The Payments Association

JANUARY 13, 2025

Divergence from common law jurisdictions According to the TPA response, the Bills approach could set the UK apart from other major common law jurisdictions, including Singapore and Australia. Both countries have opted to integrate digital assets into existing property law frameworks instead of creating separate categories.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

The Fintech Times

FEBRUARY 19, 2025

As we look ahead, we will continue collaborating with our clients and industry, develop infrastructure, evolve laws and regulations, and nurture innovation to ensure we continue enhancing Dubais reputation as the regions number one global financial centre.

AI 75

AI FinTech Laws Authorization 75

Fintech Finance

FEBRUARY 13, 2025

” Zelle is a valuable and needed tool for small businessesthe backbone of the American economy Small business owners across the U.S. We remain intently focused on expanding access to Zelle because it unlocks opportunity for individuals, small businesses, community banks, and credit unions.”

Zelle 86

Zelle Credit Union Scams Small Business 86

Fintech News

FEBRUARY 10, 2025

With Agentic AI systems processing vast amounts of sensitive financial data, including personal and transaction details, regulators must ensure that these systems comply with stringent data protection laws, such as GDPR or CCPA. People no longer want to just be handed tools to manage their money.

AI 86

AI FinTech Fraud Detection Fraud Prevention 86

Fintech News

JUNE 5, 2024

Australia will introduce new legislation to amend the Credit Act, requiring Buy Now, Pay Later (BNPL) providers to hold an Australian credit license and comply with existing credit laws regulated by the Australian Securities and Investments Commission (ASIC). The new laws aim to balance consumer protection with innovation and competition.

Regulations 113

Regulations BNPL Product Consumer Protection 113

PYMNTS

OCTOBER 13, 2020

13) for whether or not the state can force the gig economy companies to treat workers as employees and give benefits, Reuters reports. In January, California implemented its AB 5 law, which required that ride-hailing, food delivery and other such companies treat their workers as employees rather than independent contractors.

Laws 100

Laws Rules Economy Legal 100

Open Banking Excellence

SEPTEMBER 27, 2024

Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. Nevertheless, it is essential to review and complement the existing legislation with complementary laws to fully unleash the potential of this ecosystem.

Financial Inclusion 147

Financial Inclusion Laws FinTech Regulations 147

PYMNTS

DECEMBER 27, 2020

In November, California voters, by a margin of about 58 percent to 42, adopted Proposition 22, which overturned a fairly young state law that made it harder for companies to deploy gig workers without classifying them as “employees” and providing the benefits employees receive.

Laws 107

Laws Economy Security Posting 107

Fintech News

JULY 17, 2024

It will establish a joint risk management mechanism, regulatory cooperation, and protect user rights in compliance with each country’s laws. The new MoU aims to link the payment systems of the two countries, promoting faster, more efficient, transparent, and affordable cross-border payments.

Cross-Border Payments 136

Cross-Border Payments Cross-Border Central Bank Payments 136

Fintech News

APRIL 22, 2024

Thailand’s Securities and Exchange Commission (SEC), in conjunction with the Ministry of Digital Economy and Society and other relevant agencies, has initiated measures to block unauthorised access to digital asset service providers’ platforms.

Blocks 116

Blocks Law Enforcement Money Laundering Crime 116

PYMNTS

NOVEMBER 11, 2020

The big gains were a great sign that the Chinese economy — and more specifically, consumer spending — is on a post-COVID rebound. According to news site TechNode, the new rules will apply physical-economy statutes to the digital-first economy.

Regs 95

Regs NOV Law Enforcement Economy 95

PYMNTS

AUGUST 11, 2020

The argument from Uber and Lyft on why they classify their workers as independent contractors is that the employees enjoy the freedom of a nontraditional, gig economy work schedule. CNBC reported that California Attorney General Xavier Becerra , speaking on the “Squawk Alley” program on Tuesday (Aug. Becerra called that a “false choice.”

Rules 110

Rules Economy Compromise Laws 110

The Fintech Times

APRIL 7, 2025

In the anti-fraud strategy, Innovate Finance advocates for a data-sharing approach across sectors, regulators and the law enforcement industry, to industrialise the UKs use of technology to spot and stop fraud and enable all financial firms to access and use these solutions.

Law Enforcement 45

Law Enforcement Innovation Finance Origination 45

Payments Source

SEPTEMBER 11, 2018

The law could further boost the state’s already vibrant financial services sector as well as spur additional innovation across the state’s economy, writes Valentina Isakina, financial services marketing director for JobsOhio.

Innovation 84

Innovation Blockchain Laws FinTech 84

Electronic Transactions Association

JANUARY 16, 2025

A modernized and appropriately structured CFPB could be a critical partner in ensuring that appropriate protection is in place, while also ensuring that consumers and small businesses continue to have access to the payments products and services that power the economy. Intellectual Property New ideas are the lifeblood of innovation.

CFPB 45

CFPB Privacy BNPL Financial Inclusion 45

PYMNTS

JUNE 25, 2020

The unit will help law enforcement as well, bringing criminal charges when needed, the press release says. We are working hard to disrupt and dismantle these criminal networks, and we applaud the law enforcement authorities who are already part of this fight.

Crime 97

Crime Law Enforcement Laws Authorization 97

PYMNTS

AUGUST 5, 2020

On the other hand, Uber has run into controversy alongside other gig economy companies for not classifying workers as employees, thus making it more difficult for them to access unemployment during the pandemic due to most states’ unemployment laws.

Returns 113

Returns Agreements Laws Economy 113

Lending Front

MAY 27, 2025

But in todays digital-first economy, one truth is becoming painfully clear: If your bank isnt investing in technology to democratize access to financial products, you may already be falling short of your CRA obligations. According to the Federal Reserve Bank of Philadelphia, CRA and fair lending laws are closely intertwined.

Compliance 52

Compliance Technology Underserved Federal Reserve 52

Fintech News

JUNE 30, 2024

Usage of gen AI in Asia Pacific, Source: Deloitte Gen AI Survey, 2024 Developing economies in APAC are leading gen AI adoption with rates about 30% higher than developed economies. Additionally, employees from developing economies were found to be more enthusiastically embracing gen AI. trillion to US$4.4

AI 109

AI APACS Deepfake Economy 109

PYMNTS

AUGUST 12, 2020

Both firms have already requested stays while they file appeals, but the ruling could have big potential consequences for the gig economy. They accused the two ridesharing companies of violating California’s controversial law called Assembly Bill 5 , or “AB 5” for short. The bottom line — it seems some kind of compromise is necessary.

Economy 88

Economy Laws Compromise Rules 88

Fintech Finance

DECEMBER 11, 2024

Swift is in a unique position in the financial industry a trusted and cooperative network that is integral to the functioning of the global economy. We are proud to support Swift’s program in partnership with Google Cloud and Capgemini,” said Chris Laws, chief operating officer, Rhino.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

PYMNTS

AUGUST 6, 2020

This would be an update from the current antitrust laws, which mandate that at least two parties must deliberately try to manipulate the economy before any action can be taken, the release stated. Gianaris said in the release that there is a great need for updated antitrust laws.

Laws 64

Laws Economy Legal Small Business 64

PYMNTS

AUGUST 28, 2020

In a letter to workers, Hornbuckle said federal law requires the firm to mail termination notices to its furloughed workforce after six months. If the economy improves within the next 15 months and they are invited back to work, those workers will retain their seniority status and resume health benefits. While the U.S.

Economy 99

Economy On-Demand Laws Continuity 99

PYMNTS

MAY 22, 2020

Albania’s Parliament has signed a comprehensive law to regulate the conditions for licensing all activity of cryptocurrency in the country. The bill, introduced by Albanian Minister of Finance and Economy Anila Denaj , will monitor digital tokens and DLT.

CHIPS 77

CHIPS Blockchain Cryptocurrency Regulations 77

PYMNTS

OCTOBER 16, 2020

The People’s Bank of China (PBOC) set the terms for commercial banks to seek bankruptcy, while outlining actions for lenders to follow as they aim to leave the market or reorganize through its first changes to the law as of 2015. They’ve been asked to support the economy at the expense of their own operational strength.” .

Regulations 112

Regulations Central Bank Government Governance 112

PYMNTS

JUNE 7, 2020

As the coronavirus pandemic unfolds across America, with the country moving toward reopening after months of shutdowns that roiled the economy, many Chuck E. Those bonuses have become common during the coronavirus pandemic as retention bonuses for insiders and other top officials are illegal under bankruptcy law, WSJ reports.

Shutdown 107

Shutdown Payments Breach Laws 107

PYMNTS

OCTOBER 14, 2020

The court appearance is part of Uber and Lyft’s multi-pronged assault on AB 5 and its effects, which both argue seem to be designed to be destructive to the gig economy as a whole. Their success, supported by a stronger safety net, would help bolster our nation’s economy,” he wrote. As of today, he noted, Uber employs about 1.7

Laws 83

Laws Economy Rules On-Demand 83

PYMNTS

SEPTEMBER 14, 2020

The point of the new regulations, according to PBOC, is to boost supervision of large companies and to help protect the economy from super-large-scale or connected businesses. 1, and will have to apply for a license to do so.

Laws 64

Laws Rules Regulations NOV 64

BioCatch

OCTOBER 17, 2024

It has also become detrimental to the prospects of many economies in several ways such as undermining trust in financial systems, increasing costs for businesses and consumers, and draining government and law enforcement resources.

Law Enforcement 59

Law Enforcement Laws Economy Government 59

PYMNTS

JULY 10, 2020

Uber’s move comes as the company confronts a California law called AB5 that took effect this year. As a poster child for what has become known as the “gig economy,” Uber has been the target of numerous class-action lawsuits alleging its policies unfairly misclassified drivers as contractors while treating them as employees.

Economy 85

Economy Legal Laws Regulations 85

Fintech Finance

JUNE 20, 2024

The center will offer comprehensive training for law enforcement and industry professionals to combat modern financial crimes effectively. Youth Empowerment and Capacity Building: Providing high-end training and research opportunities for 500 youths, equipping them with the skills needed to navigate and excel in the digital economy.

Financial Crimes 97

Financial Crimes Crime FBI Law Enforcement 97