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Top regulatory priorities for the payments sector

The Payments Association

Open banking enhances competition, consumer choice, and cost efficiency while increasing focus on fraud prevention and consumer protection to support wider adoption. Regulatory compliance : Staying compliant with open banking regulations is crucial.

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Tradu and Salt Edge Partner to Improve Regulatory Compliance and Strengthen Security

The Fintech Times

To ensure it is able to address issues like regulatory compliance, fraud prevention and user authentication, the firm has announced a new partnership with Salt Edge , the open banking solutions provider. ” commented Dan Martalog , senior open banking solutions expert at Salt Edge.

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Tradu Chooses Salt Edge for PSD2 Compliance and Payment Initiation Across the UK and EU

Fintech Finance

Tradu , a London-based multi-asset trading platform designed for active traders and investors, partnered with Salt Edge, a global leader in open banking solutions, to strengthen its security infrastructure, ensure seamless PSD2 compliance, and enhance user experience across its growing European customer base.

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In the mind of the merchant: Top challenges and priorities for the next 12 months

The Payments Association

It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatory compliance.

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Treasurers Explore The Line That Separates Challenge From Opportunity

PYMNTS

Speaking with PYMNTS, Fides Treasury Services Head Client Relations Simon Kaufmann explored how some of the biggest opportunities to modernize the treasury function are adding new pressures to finance teams as they navigate the pandemic. ” Challenge Turned Opportunity.

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Vantiv Worldpay Merchant Services by FIS

Stax

Their systems are meticulously designed to ensure the safe and secure transmission of sensitive payment information, adhering to the highest standards of regulatory compliance. In addition to robust fraud prevention measures, Worldpay offers a range of contactless payment solutions, including Apple Pay.

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Extra time for payment service providers to investigate fraud

Neopay

On March 12, 2024, HM Treasury announced its proposal for the Payment Services (Amendment) Regulations 2024. These new regulations aim to empower PSPs with more time to investigate transactions suspected of fraud or dishonesty, thereby enhancing the industry’s ability to combat fraud effectively.