The Fintech Times

SEPTEMBER 23, 2024

In response to this shift, the region’s regulators are aiming to unlock new areas of open finance and digital banking through rule changes. Requirements in Brazil typically focus on the types of products and services offered; while Mexico has a specific licence for fintechs. .”

Compliance 105

Compliance Regulations Treasury Reporting Requirements 105

PYMNTS

OCTOBER 17, 2016

government’s latest efforts to combat late B2B payments to small suppliers fell short of what’s necessary. Reports Friday (Oct. His remarks follow the government’s publication of how the SME commissioner should tackle the matter, a proposal Cherry said doesn’t go far enough. billion [$32.6

Small Business 70

Small Business Payments Governance Government 70

Finextra

JULY 3, 2025

Home Announcements Regulation ECB outlines plans for integrated regulatory reporting across Europe External This content is provided by an external author without editing by Finextra. But banks in Europe are facing more and more regulatory reporting requirements from various European and national authorities.

Payment APIs and Integration 52

Payment APIs and Integration Authorization Reporting Requirements Central Bank 52

The Payments Association

OCTOBER 11, 2024

Firms must prepare for these changes by improving their internal processes, conducting audits, and adapting to new compliance requirements to ensure seamless implementation of the FCA’s reforms. The current safeguarding rules are based on the Payment Services Regulations 2017 (PSRs) and E-Money Regulations 2011 (EMRs).

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

PYMNTS

DECEMBER 17, 2019

As a full-blown debate [on IT giants] has been held worldwide, we have demonstrated how rules should be formulated regarding the digital market,” Suga said, according to The Japan Times. The rules would require Big Tech firms to advise vendors of any changes to contracts and offer contact information in the event of complaints.

Rules 52

Rules Laws Regulations Reporting Requirements 52

Fintech News

JULY 17, 2024

Transfers Just Under Reporting Thresholds The report highlights noticeable surges in transfers just below the US$1,000, US$3,000, and US$10,000 thresholds. These thresholds align with various regulatory reporting requirements, suggesting that some actors may be structuring payments to avoid triggering additional scrutiny.

Money Laundering 109

Money Laundering Law Enforcement AML Non-Bank 109

PYMNTS

JANUARY 30, 2019

In that case, the company checks two different sources in a given country with two different rule sets. More detailed eCDD — especially for business accounts, trusts and high-net-worth (HNW) accounts — has become a focus for regulators, governments and agencies.

Due Diligence 74

Due Diligence Verification Money Laundering FinTech 74

The Fintech Times

AUGUST 19, 2024

The Payment Systems Regulator (PSR) has published a response to its December call for views, which set out initial proposals on how it could support the first phase of expansion of Variable Recurring Payments (VRPs) to regulated financial services, regulated utilities sectors, and local and central government.

Continuity 59

Continuity Regulations API Reporting Requirements 59

The Fintech Times

SEPTEMBER 4, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. Regulatory rules are constantly changing, with new ones being introduced at a rapid rate. .

Compliance 64

Compliance Rules Regulations Laws 64

FICO

JANUARY 5, 2023

VP, Government Relations. The Consumer Financial Protection Bureau (CFPB) has indicated it will publish rules , not guidelines, aimed at strengthening consumers’ control over and providing portability of their financial account data, sometime in 2023. FICO Admin. Tue, 07/02/2019 - 02:45. by Daniel Nestel. expand_less Back To Top.

BNPL 52

BNPL CFPB Consumer Financial Protection Bureau (CFPB) Cybersecurity 52

Fintech Finance

AUGUST 15, 2024

This call for views set out initial proposals on how the PSR could support the Phase 1 expansion of Variable Recurring Payments (VRPs) to regulated financial services, regulated utilities sectors, and local and central government. The PSR will evaluate different pricing approaches, including those suggested by respondents.

Regulations 52

Regulations Participant Payments API 52

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

Laws 46

Laws Compliance Rules Government 46

Global Fintech & Digital Assets

NOVEMBER 2, 2023

A proposed rule would increase Treasury’s insight into non-US crypto mixing transactions to combat illicit activities by malicious actors. According to FinCEN, mixers are generally required to register with FinCEN if they do business as money transmitters wholly or in substantial part in the US. By Parag Patel , Eric S.

Fincen 52

Fincen Money Laundering Law Enforcement Non-Bank 52

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. In the U.S., In June, the U.K.’s In June, the U.K.’s

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

PYMNTS

APRIL 28, 2016

The agency, she said, is using the rules on the biggest market participants “to really expand its supervisory authority, including over emerging lenders, and the statute allows for that.”. Many are also bound to reporting requirements with the SEC.

CFPB 40

CFPB Consumer Protection Regulatory Compliance FTC 40

Nanonets

SEPTEMBER 23, 2023

Encumbrance Accounting in Different Sectors Encumbrance accounting is utilized differently in government, public sector, and non-profit organizations, with unique requirements and regulations to ensure transparent financial management.

Accounts 52

Accounts Governance Government Payroll 52

PYMNTS

MAY 29, 2017

Most recently, this culminated in the introduction of Duty to Report rules. The regulations came into effect last month, requiring large corporations to make their B2B payment practices public. In the U.K., regulators have taken note of the issue and have gradually made efforts to ease the financial pain for SMEs. ”

Regulations 40

Regulations Small Business Payments B2B 40

FloQast

DECEMBER 13, 2023

There was a fundamental need to investigate the root causes of these financial scandals to restore investor confidence and enhance corporate governance by holding senior executives accountable for accurate financial reporting. Title VIII also establishes protections for whistleblowers and sets new rules for document retention.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

Basis Theory

OCTOBER 1, 2024

So, while you may not need PCI Level 1 compliance, understanding the different levels of PCI compliance and the 12 PCI requirements will certainly help. PCI Levels allow organizations to understand and determine their reporting requirements when processing credit card payments. Don't, however, let the term "merchants" fool you.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Nanonets

AUGUST 2, 2023

The ITN is also required to complete customs forms. The Foreign Trade Regulations (FTR) govern the filing of export information in the US and are required under US law. They outline the requirements for filing the Electronic Export Information in the Automated Export System. What is FTR? These may include: 1.

Automation 52

Automation Regulations Compliance Legal 52

Nanonets

SEPTEMBER 21, 2023

Businesses must stay updated with the latest regulations and ensure adherence to reporting requirements, tax laws, and industry-specific guidelines. With the ever-changing regulatory landscape, it is essential for accountants to stay updated with the latest rules and regulations.

Accounts 52

Accounts Audit Payroll Compliance 52

Nanonets

JANUARY 17, 2024

This isn't just about pinching pennies; it's about strategic financial governance. The role of an expense policy extends beyond mere rules; it's about setting the tone for how a company handles its finances. Now, you might be thinking, "We've got this covered with our trusty spreadsheets and quarterly audits."

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

The Payments Association

APRIL 14, 2025

Across the UK, EU, and international markets, new rules are recasting expectations around security, transparency, and accountabilityimpacting not only compliance obligations but how firms design services, manage risk, and deliver value to customers. The payments landscape is entering a defining phase of regulatory transformation.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Fintech Times

NOVEMBER 2, 2024

.” ClearFi consolidates and aggregates on and off-chain information to provide an overview of the digital asset, including information on the underlying technology, tokenomics, governance, and purpose.

Product 59

Product Addressing Stablecoins Regulations 59

Neopay

APRIL 14, 2025

The interim rules aim to enhance firms’ adherence to existing safeguarding obligations. This includes stricter record-keeping, more robust reporting requirements, and a requirement for an independent safeguarding audit. Workshops and training for staff to learn and apply the new requirements effectively.

Audit 59

Audit Due Diligence Compliance Reconciliation 59

FloQast

MARCH 10, 2025

Demonstration of strong corporate governance and policy. Compliance with jurisdictional financial reporting and disclosure requirements. Compliance requirements: The IPO process typically increases a companys regulatory compliance burden, and includes new transparency and reporting requirements.

Underwriting 95

Underwriting Due Diligence Audit Process 95

The Fintech Times

MAY 30, 2025

Once the rules in the contract are met, the contract runs itself, automatically with no lawyers, no emails, and no chasing people down. These ‘if this, then that’ rules are written into code. They check the rules instantly, verify data and trigger payments automatically. How do smart contracts work? So they sued.

Regulations 45

Regulations Blockchain Laws Risk 45

FICO

DECEMBER 15, 2020

Supreme Court set to rule in Facebook v. New Debt Collection Rules Are Here to Stay. In late October, the CFPB released Part 1 of its long-awaited update to the Fair Debt Collections Practices Act governing third-party collectors. The AI Policy Discussion Will Be Focused on Governance and Standards Development.

BSA 52

BSA Suspicious Activity Report (SAR) Financial Inclusion AML 52

Nanonets

APRIL 7, 2025

Regulatory data extraction manages compliance documentation, quality metrics, and reporting requirements for healthcare governing bodies. After data extraction, you can set up automated rules to perform data formatting, such as text capitalization, date formatting, and more.

Automation 52

Automation Regulatory Compliance Compliance Payment APIs and Integration 52