Fintech News

APRIL 3, 2024

The adoption of smart contracts is expected to introduce new settlement methodologies and facilitate transaction types currently infeasible, potentially unlocking novel benefits for businesses and consumers alike.

Cross-Border Payments 127

Cross-Border Payments Cross-Border Central Bank Federal Reserve 127

Segpay

SEPTEMBER 30, 2024

This blog explores child protection laws across key Latin American countries, highlighting their different approaches and the evolving regulatory frameworks. The Brazilian Child and Adolescent Statute (ECA) provides a broad legal framework to protect minors. We also look at the age verification tools that are used in the region.

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Verification Legal Framework Laws Legal 111

Fintech Review

SEPTEMBER 17, 2024

Legal Challenges Facing DAOs While they offer many advantages, they are not without challenges, particularly regarding legal recognition. DAOs exist in a grey area legally because traditional legal frameworks have not caught up with blockchain innovations.

Governance 105

Governance Government Innovation Legal 105

PYMNTS

APRIL 1, 2020

Darknets are websites that facilitate the sale of products such as counterfeit currencies. Blockstale CEO Daniel Adekunle said, per the outlet, “Blockstale BTM was developed specially to facilitate adoption, transparency and security in Nigeria.” The value of bitcoins delivered to darknet markets declined to $3.2 million from $4.1

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Bitcoin ATM Legal Framework Digital Currency 64

Fintech News

FEBRUARY 14, 2024

The guide provides a practical toolkit for the industry, leveraging expert opinions from various stakeholders to explore the role of banks in digitalization initiatives, legal frameworks, international standards and innovative technologies.

Finance 127

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 127

The Fintech Times

JANUARY 18, 2024

By creating a standardised legal framework across the EU, MiCA not only increases the accountability of service providers but also fosters consumer confidence in using and investing in crypto-assets.

Legal Framework 69

Legal Framework Cross-Border Regulations Settlement 69

The Fintech Times

FEBRUARY 21, 2024

Furthermore, Asia is proactive in implementing the necessary legal frameworks to support these advancements. Unlike the EU, which benefits from uniform regulations and a shared legal framework for its member states, Asia presents a tapestry of diversity with no overarching structures.

APACS 59

APACS Legal Framework Finance Cross-Border 59

The Fintech Times

MARCH 14, 2024

In this regard, the broader legal questions as to the exact nature of the legal features and consequences of digital assets has very much remained open for debate on a number of key issues.

Laws 69

Laws Legal Legal Framework Cross-Border 69

PYMNTS

APRIL 21, 2020

Mexico’s eInvoicing requirements began back in 2004, when its tax authority, the SAT, first developed its eInvoicing legal framework. AP departments, Chahal explained that checks are rarely ever used, unless to facilitate a large transaction between banks or large corporates. While the U.S.

B2B 57

B2B Payer Payments Legal Framework 57

Fintech News

JULY 17, 2024

Crypto bridges, which facilitate the transfer of assets between different blockchain networks, have become increasingly popular for money laundering. The enhanced anonymity features of privacy coins make them particularly attractive to illicit actors, posing significant challenges for law enforcement and compliance professionals.

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Money Laundering Law Enforcement AML Non-Bank 109

Neopay

JUNE 24, 2024

In 2023, under the chairmanship of the EBA, the Joint Committee continued to play a coordinating role, facilitating discussions and the exchange of information among the three ESAs, the European Commission, and the European Systemic Risk Board (ESRB).

Legal Framework 40

Legal Framework Financial Literacy Consumer Protection Risk Assessment 40

Fintech Review

JULY 22, 2024

Etherfuse has undertaken extensive regulatory efforts in Mexico and aims to use this unique legal framework to establish itself as a leading global platform for compliant tokenized assets. The company has launched five products so far, including short-term notes from Mexico and Brazil.

Stablecoins 52

Stablecoins Legal Framework Issuers Blockchain 52

PYMNTS

MARCH 9, 2020

That convergence, too, means that investigations must take a holistic approach to gathering data and insight, which can then be used to build a body of evidence that can adjust the legal frameworks that attack the very networks supporting illegal firearms activity. Gang activity and traffickers also play a role.

PayPal 70

PayPal Financial Crimes Crime Law Enforcement 70

The Fintech Times

JUNE 6, 2024

Several commercial banks have already started using the mBridge platform to facilitate cross-border CBDC payments among participating jurisdictions. The platform now includes a governance and legal framework, tailored to its decentralised nature, enabling real-value transactions and compatibility with the Ethereum Virtual Machine.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

Finovate

JUNE 21, 2024

“At Citibanamex, we are continuously seeking financial inclusion solutions to facilitate access to banking products for individuals who have not been able to benefit from current solutions,” Citibanamex Director of Digital Business Development Miguel Lavalle said. Ethiopia’s cabinet approved a legal framework for CBDCs.

Financial Inclusion 64

Financial Inclusion Payment APIs and Integration Legal Framework Cross-Border Payments 64

Neopay

JULY 18, 2024

The European Union’s 6th Anti-Money Laundering Directive (6AMLD) has enhanced the legal framework, increasing penalties and expanding the scope of predicate offenses. In contrast, emerging markets in Asia and Africa face significant challenges due to weaker regulatory frameworks and limited resources.

Money Laundering 52

Money Laundering AML Cryptocurrency Law Enforcement 52

The Fintech Times

JANUARY 5, 2024

Furthermore, compliance within the fintech sector will witness a new era of oversight facilitated by gen AI algorithms. Continuous audits of customer interactions, encompassing phone calls, emails, and other forms of communication, will be seamlessly conducted to ensure strict adherence to regulatory frameworks and industry standards.

AI 75

AI Database Financial Crimes Compliance 75

PYMNTS

AUGUST 9, 2018

As noted by PYMNTS in this space, those two schemes facilitate instant domestic payments. First, there are no common legal frameworks to tie ownership and control of real-world assets to digital tokens. That dual availability had been announced in recent months. In UK, Firms Eye Global Trade (and Payments). ”

Cross-Border 40

Cross-Border SWIFT Blockchain Cross-Border Payments 40

The Fintech Times

OCTOBER 10, 2024

The event facilitated discussions on how blockchain could revolutionise business sectors and contribute to a more efficient, transparent, and connected future. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for virtual asset industry governance.

Cryptocurrency 52

Cryptocurrency Risk Management Blockchain Legal Framework 52

Basis Theory

OCTOBER 1, 2024

The term applies as much to retailers selling t-shirts as it does to marketplace platforms facilitating payments between buyers and sellers. This doesn’t account for the internal cross-functional time and effort required to gather evidence and facilitate the assessment. Don't, however, let the term "merchants" fool you.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Segpay

APRIL 1, 2025

While their goals align, their approaches and legal frameworks differ. Regulatory Frameworks In the United Kingdom, the Online Safety Act passed into law on 26 October 2023. Legal frameworks will continue to adapt, striving to find the best balance between safety, privacy, and accessibility in a digitalized world.

Verification 45

Verification Regulations Online and Mobile Banking Laws 45

Fintech Review

APRIL 26, 2024

To enable us to become a more attractive proposition, Uzbekistan improved process and governance including implementing appropriate legal frameworks and financial resources for entrepreneurship and investment, as well as creating ample opportunities for investors and increased transparency in the investment process.

FinTech 59

FinTech Governance Government Legal Framework 59

PYMNTS

JANUARY 8, 2018

Given his long-standing personal commitment to the clear and present danger cannabis presents to the American people, it probably should not have come as much of a shock when Attorney General Jeff Sessions officially moved to curtail the legalized cannabis industry this week. to the scammers in Nigeria.

Tax Refunds 42

Tax Refunds Scams Wire Wires 42

Clearly Payments

FEBRUARY 8, 2024

By enforcing compliance with legal frameworks, regulation not only upholds the integrity of the financial system but also safeguards national security interests. This initiative aims to facilitate faster, more secure, and more efficient payments, keeping pace with evolving consumer expectations.

Regulations 105

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

CB Insights

OCTOBER 26, 2020

For this work, the underwriting bank can make tens of millions from an IPO — whether or not the stock performs well. SPECIAL PURPOSE ACQUISITION COMPANIES (SPACs).

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

Fintech News

JANUARY 8, 2025

The trial will focus on enabling tourists to use their digital assets while adhering to the countrys existing legal frameworks. He suggested that cryptocurrency could address specific challenges faced by some expatriates, such as facilitating large transactions like property purchases in Phuket.

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Legal Framework Digital Currency Bitcoin Cryptocurrency 132

Fintech News

FEBRUARY 11, 2025

Rather than imposing a rigid legal framework, the U.K.s A regional AI governance framework under organisations like ASEAN or APEC could facilitate cross-border regulatory compliance, while governments must enhance regulatory agencies AI expertise to keep pace with evolving risks. In contrast, the U.K.

AI 120

AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 120