The Payments Association

MAY 16, 2025

A new approach to fighting fraud Regarding fraud prevention, simple rule-based systems arent enough anymore. Having this level of control also means businesses can respond quickly to new threats or shifts in the market, all while staying compliant with industry rules. Whats needed is a more dynamic, joined-up approach.

AI 88

AI Security Fraud Prevention Fraud Detection 88

VISTA InfoSec

JULY 17, 2024

Overcoming language barriers and security vulnerabilities Talking to people in a language they understand makes it easier for them to follow security rules. Keep your systems updated with global cybersecurity governance standards. Each of these sets its own rules on handling personal information safely and legally.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

The Payments Association

NOVEMBER 28, 2024

The government aims to simultaneously boost the economy and drive innovation in payments, via the National Payments Vision and Strategy, which has been shaped by views and inputs of over 100 financial institutions. The revised regulations on strong customer authentication and liability rules are significant.

Authentication 88

Authentication Regulations IBAN Rules 88

The Payments Association

DECEMBER 11, 2024

Key areas of concern There are at least three major areas where there should be food for thought for the FCA and, in fact, HM Treasury, reflecting on the messages from the National Payments Vision and the governments commitment to supporting growth. The government invited the FCA to consult on the safeguarding regime in 2023.

Treasury 88

Treasury Payments Consulting Consumer Protection 88

Fintech News

DECEMBER 18, 2023

However, a small proportion of recent remittances faced freezes by Chinese law enforcement agencies, with unclear reasons behind these actions. While Singapore has no jurisdiction over the frozen beneficiary bank accounts, the government remains in close contact with the PRC government to facilitate the decision on account unfreezing.

Rules 109

Rules Law Enforcement MFA Laws 109

PYMNTS

DECEMBER 21, 2020

Russia's federal anti-monopoly service (FAS) has accused Booking.com of reportedly violating antitrust laws in the country and abusing a dominant market position, according to Reuters Monday (Dec. Under Russia's anti-monopoly law, the company could face a fine of around 1 percent to 15 percent of its annual revenue generated in the country.

Laws 87

Laws Regulations On-Demand Rules 87

Finextra

SEPTEMBER 19, 2024

The Government and FCA announce plans to reform UK retail disclosure rules, and will temporarily exempt investment trusts from assimilated EU law requirements.

Rules 52

Rules Governance Government Laws 52

The Fintech Times

FEBRUARY 7, 2024

The UK government has set over £100million aside for researching and developing Artificial Intelligence (AI) technology, and to support regulation in the space. The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI.

Governance 112

Governance Government AI Regulations 112

Finextra

SEPTEMBER 6, 2024

UK, US and EU among the signatories on the Council of Europe’s Framework Convention on artificial intelligence and human rights, democracy, and the rule of law.

Governance 78

Governance Government Laws AI 78

PYMNTS

NOVEMBER 30, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. The new unit, according to the government's announcement, will fall within the U.K.'s The rules are set to take effect in April.

Rules 75

Rules Laws Authorization Regulations 75

PYMNTS

MARCH 20, 2020

The regulator will have the authority to request information from tech firms and also enforce other Indian laws aimed at consumer protection and fair competition, the sources said. The move aligns with laws passed in 2019 that tech firms like Amazon and Walmart’s Flipkart are having trouble complying with.

Rules 73

Rules Law Enforcement Laws Regulations 73

The Payments Association

OCTOBER 28, 2024

One of the key shifts in APP fraud this year involves the introduction of new reimbursement rules , which came into effect in October 2024. Collaboration with law enforcement and the Government The report stresses the importance of ongoing collaboration between financial institutions, regulators, and law enforcement.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

JANUARY 28, 2019

As has happened so far, India’s government said late last year that new eCommerce regulations would become the law of the land – at the end of this week, on Feb. Assuming no pushout or subsequent reworking of the rules, the laws would have the impact , as PwC and Reuters have noted, of hampering growth in eCommerce.

Rules 75

Rules Cross-Border Small Business Governance 75

PYMNTS

JANUARY 13, 2019

All India Online Vendors Association, a trade group representing online merchants in India, vowed to appeal a ruling by the Competition Commission of India that favored Flipkart , the eCommerce company owned by Walmart. Chanakya Basa, a lawyer for All India Online Vendors, said it will appeal the ruling.

Rules 75

Rules Governance Government Agreements 75

PYMNTS

FEBRUARY 14, 2020

There’s a saying in jurisprudence: Hard cases make bad law. Early this week, a judge denied a request from Uber and Postmates to halt the enforcement of a new California labor law — known as AB5 , which was voted into law last year — that would place new restrictions on gig economy workers. What’s next?

Rules 64

Rules Laws Economy Governance 64

VISTA InfoSec

SEPTEMBER 30, 2024

To overcome these challenges, data protection laws are established. Data protection laws safeguard personal information and establish important guidelines on collection, storage, processing, sharing and disposal of personal data. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

To overcome these challenges, data protection laws are established. Data protection laws safeguard personal information and establish important guidelines on collection, storage, processing, sharing and disposal of personal data. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

The Payments Association

OCTOBER 23, 2024

On 25 September 2024, the UK Financial Conduct Authority (FCA) published its long-awaited Consultation Paper (CP24/20) setting out proposed changes to the safeguarding rules applicable to electronic money institutions (EMIs) and payment institutions (PIs) (together, payments firms). See our previous Sidley Update on that review.

Rules 88

Rules Payments Institute Authorization Reconciliation 88

Fintech News

OCTOBER 6, 2024

The report also highlights measures to deter the misuse of shell companies, including the introduction of stricter registration requirements and the enforcement of nominee director rules. In timely detection, the committee emphasizes better information sharing between government agencies and private sector gatekeepers.

Money Laundering 123

Money Laundering Law Enforcement Financial Crimes Due Diligence 123

PYMNTS

AUGUST 14, 2020

China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans unpaid. Regulators and law enforcement will try their best to recoup the money, he told China Central Television Friday (Aug. 14), per the report.

P2P 126

P2P Law Enforcement Audit Non-Bank 126

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. per cent of all reports received.

Law Enforcement 45

Law Enforcement Innovation Finance Origination 45

PYMNTS

AUGUST 9, 2020

A panel was appointed by the Indian government last month to regulate data that doesn’t contain personal details and yet is crucial to letting companies do business, according to Reuters. The plan to regulate data is another irritant for tech companies already mired in tight eCommerce rules and concerns over antitrust.

Rules 67

Rules Laws Regulations Governance 67

PYMNTS

FEBRUARY 18, 2019

Governments around the world have a new front in their fight against money laundering: real estate. The rule has not been enacted yet, noted the report. The aim of the law is to discover who the true owner of a property is. As for the U.K., The registry is slated to be made public by 2021, noted Mansion Global.

Money Laundering 73

Money Laundering Governance Government Fincen 73

The Fintech Times

FEBRUARY 28, 2025

” Thoughtful governance and proactive risk management Charles Nerko, team leader for data security litigation in Barclay Damon LLP There is a misconception that as AI learns from data, it will be impossible for it to make mistakes. “Keeping pace with evolving laws is another challenge.

AI 97

AI Regulations Best Practices Risk 97

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 statute was updated in 2014 to include Internet and Child Protection to protect kids from online exploitation, cyberbullying, and access to inappropriate content ( Law 12,965/2014 ).

Verification 111

Verification Legal Framework Laws Regulations 111

Fintech News

JUNE 12, 2024

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments. To make multilateral payment platforms work well, there need to be clear rules and ways for different systems to work together.

Cross-Border Payments 122

Cross-Border Payments Cross-Border Interoperability Payments 122

Trade Credit & Liquidity Management

MAY 29, 2025

It is a dynamic process because governments often roll out mandates in phases, which creates predictable market growth and increases the need for enterprises to adapt quickly. Key Challenges in E-Invoicing No Universal Standard: Diverse tax laws and business practices prevent a single global e-invoicing standard.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

PYMNTS

MARCH 6, 2019

The French government is going after U.S.-based In a statement to the news outlet, a Google spokesperson said the company always pays its taxes and complies with the tax laws in every country in which it operates. In France, we voluntarily set up a new sales and invoicing structure in 2018.

Governance 68

Governance Government Agreements Laws 68

The Payments Association

JUNE 3, 2025

Frameworks like the Third Payment Services Directive (PSD3) in Europe, FedNow in the US, and ISO 20022 globally are reshaping how financial data is handled, mandating clearer rules on token lifecycle management, consent orchestration, and data portability. ” – Antony Lane, sales account manager at G+D Defining tokenisation 2.0

Security 88

Security Payment APIs and Integration Payment Security Credential 88

VISTA InfoSec

OCTOBER 21, 2024

Overcoming language barriers and security vulnerabilities Talking to people in a language they understand makes it easier for them to follow security rules. Keep your systems updated with global cybersecurity governance standards. Each of these sets its own rules on handling personal information safely and legally.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

PYMNTS

NOVEMBER 3, 2020

Many of these rules concern companies’ storage and handling of digital data, and the regulators who crafted them are keeping an eye on their use during the global health crisis as well as how they mesh with consumers’ changing opinions. For example, a September report found that the number of open banking users in the U.K. and the EU.

Rules 77

Rules Consumer Privacy Online and Mobile Banking 77

VISTA InfoSec

SEPTEMBER 28, 2023

This new law, approved by the president on August 11, 2023, dictates how organizations handle personal data. Be an individual responsible to the Board of Directors or similar governing body of the Significant Data Fiduciary. These measures ensure lawful, transparent processing of personal data while maintaining privacy.

Privacy 130

Privacy Audit Data Breach Breach 130

PYMNTS

DECEMBER 20, 2020

The suggestion was made by Lou Jiwei, the country's former finance minister and now an advisor to the government, Reuters reported. One reason Jiwei gave for the possible rule is that it would help avoid the amassing of too much bad debt by one entity. It was soon after that the government blocked the Ant Group IPO.

FinTech 102

FinTech Governance Government Caps 102

Fintech Review

OCTOBER 22, 2024

As digital assets become more widespread, taxation laws are being shaped and adapted to accommodate them. Governments are still grappling with how best to tax digital assets, creating regulatory hurdles and uncertainties for taxpayers globally. While some countries have clear frameworks in place, others are still playing catch-up.

Cryptocurrency 97

Cryptocurrency Laws IRS Regulations 97

PYMNTS

DECEMBER 30, 2020

There are clear rules of the road for using XRP in the U.K., The SEC also said in the filing that an international law firm told Ripple that it wasn’t likely that XRP could be considered a currency because it’s not backed by a central government and therefore not legal tender. Ripple said in a statement on Tuesday (Dec.

Legal 130

Legal Cryptocurrency Settlement Bitcoin 130

PYMNTS

DECEMBER 30, 2020

Payactiv 's Earned Wage Access (EWA) program is exempt from federal lending law under new rules from the Consumer Finance Protection Bureau (CFPB), according to a press release.

CFPB 106

CFPB Payroll Correspondent Rules 106

Payment Savvy

MAY 11, 2023

Visa has a set of rules and regulations that govern the use of its payment network, and these rules and regulations are subject to change from time to time. In this article, we will discuss the recent visa rule changes and how they impact you. Merchants who accept Visa payments must comply with the Visa merchant rules.

Rules 52

Rules PCI DSS Disputes Payment Networks 52