Segpay

MARCH 24, 2025

This article will help you gain a better understanding of gaming and gambling laws in Down Under. Data Privacy & Cross-Border Compliance Australia: The Privacy Act 1988 applies, with additional AUSTRAC reporting for cross-border transactions over $10,000 AUD. Strict ID verification under state gaming laws and FinCEN rules.

Compliance 71

Compliance Suspicious Activity Report (SAR) Fincen AML 71

Finovate

OCTOBER 22, 2024

The new rule, issued in the form of a 594-page document, aims to enhance consumers’ rights, privacy, and security over their own personal financial data. Today is a day the U.S. financial services community has been waiting for for at least a year– the Consumer Financial Protection Bureau (CFPB) issued its final 1033 rule making.

Rules 52

Rules Consumer Financial Protection Bureau (CFPB) CFPB GLBA 52

Stax

MARCH 15, 2024

Regulatory Compliance: Payment systems may also need to comply with specific regulations and laws related to financial transactions and data protection, depending on the region and industry. Examples include the General Data Protection Regulation (GDPR) in the European Union and the Gramm-Leach-Bliley Act (GLBA) in the United States.

Process 88

Process Security PCI DSS Encryption 88

The Fintech Times

FEBRUARY 13, 2025

When a financial institution declines a consumer’s access to credit, it is law that you must understand why you are declining and inform the user why. If your AI chooses to favour certain classes of people because it has learned from past history, then you are breaking the law.

Regulations 69

Regulations AI FDIC GLBA 69