PYMNTS

JANUARY 26, 2021

When it comes to the Chinese government and its regulators, it’s hard to read the tea leaves. Speaking at a World Economic Forum panel, Yi said the matter was “complicated” and what was needed was a clear legal framework. “I But it is also a major Chinese lender , and that has attracted negative attention from regulators.

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PYMNTS

AUGUST 17, 2020

In a letter, as reported by various media outlets in India, the All India Organization of Chemists and Druggists argues that laws from the 1940s prohibit the sort of home delivery operation that Amazon is piloting in India. Amazon Pharmacy launched in Bengaluru, India last week.

Shutdown 100

Shutdown Legal Framework Legal Government 100

The Payments Association

FEBRUARY 10, 2025

This legislation represents a significant shift in corporate accountability, aiming to strengthen the UKs legal framework against financial crime. Voices from the industry Businesses subject to the Failure to Prevent Fraud offence must understand their legal obligations under the new law.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech Review

MAY 1, 2025

Yet, as digital financial services scale globally… Regulation and compliance have become just as important as product design and user experience. No matter how disruptive a fintech platform is, it must operate within legal frameworks that are evolving rapidly.

Compliance 59

Compliance Regulations FinTech Payment APIs and Integration 59

Fintech Finance

JULY 1, 2024

In line with current practice, payment service providers would only have access to the personal data that are required to ensure compliance with EU law, such as anti-money laundering regulations. To use data for commercial purposes, payment service providers would need users’ explicit consent.

Legal Framework 98

Legal Framework Money Laundering Online and Mobile Banking Central Bank 98

Fintech Review

SEPTEMBER 17, 2024

DAOs exist in a grey area legally because traditional legal frameworks have not caught up with blockchain innovations. Since they lack centralised leadership or a registered corporate entity, assigning legal responsibility can be difficult. Jurisdictions worldwide are grappling with how to regulate these organisations.

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Fintech News

JULY 17, 2024

These figures underscore the immense challenge facing regulators and law enforcement agencies in their efforts to curb illicit financial flows in the crypto space. The United Arab Emirates has amended Federal Decree-Law No. (20) billion in 2024.

Money Laundering 107

Money Laundering Law Enforcement AML Non-Bank 107

Segpay

APRIL 1, 2025

France and the United Kingdom have implemented strict age verification regulations to address this issue. 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.

Verification 45

Verification Regulations Privacy Online and Mobile Banking 45

Segpay

MARCH 24, 2025

By comparing the Australian legal e-gaming and e-gambling landscape with that of the USA, we want to make it easier to understand for our readers who are familiar with US regulations. This article will help you gain a better understanding of gaming and gambling laws in Down Under.

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Compliance Suspicious Activity Report (SAR) Fincen AML 71

PYMNTS

DECEMBER 23, 2020

According to Bloomberg, smaller websites are particularly concerned that legislators are too focused on major players like Facebook and Google while they mull changes to the law. Google’s owner Alphabet is also wary about changing the law. We support legal frameworks that achieve these goals.”. At a hearing of the U.S.

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Federal Trade Commission Legal Framework Laws FTC 76

Stax

JANUARY 15, 2024

Surcharging involves understanding federal laws, state-specific restrictions, and international regulations. PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. In case of ambiguities, don’t hesitate to consult with state regulators.

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Credit Cards PCI DSS Compliance Process 88

PYMNTS

NOVEMBER 5, 2019

Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Anna Eshoo and Zoe Lofgren, both of California, would lead to the creation of the Digital Privacy Agency (DPA), a federal agency that would issue regulations and enforce imposed privacy rules. Lofgren.

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Regulations Privacy CCPA Legal Framework 40

The Fintech Times

JANUARY 31, 2025

Sharakah provides financial support and post-financial to SMEs in Oman Oman Technology Fund Aims to put Oman firmly on the map of knowledge leaders in the Middle East Oman Banks Association (OBA) A non-profile professional association for the countrys banking industry Breakdown of sector: Image Source: The Fintech Times Timeline of key fintech (..)

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FinTech Non-Bank Legal Framework Central Bank 64

Stax

FEBRUARY 5, 2024

They can be variable or fixed, depending on company policy, industry standards, and local regulations. They can be variable or fixed, depending on company policy, industry standards, and local regulations. Governments impose regulations to protect the public’s interests and promote fair corporate practices.

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Credit Cards Legal On-Demand Regulatory Compliance 88

PYMNTS

SEPTEMBER 2, 2019

3 hearing advises that system-wide governance should be established to regulate virtual asset service providers (VASPs), CoinTelegraph reported Monday (Sept. Although regulation could make it hard for some crypto firms to continue operations, Murray said it’s not the BSA’s job to accommodate everyone.

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Regs BSA Legal Framework Cryptocurrency 49

PYMNTS

SEPTEMBER 24, 2019

Hoffman explained that the agency used this legal framework in its 2017 case against Questcor, alleging that the company illegally maintained its U.S. In addition to the Clayton Act, the Sherman Act prohibits a firm from gaining or maintaining a monopoly position through anticompetitive conduct.

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FTC Federal Trade Commission Laws Legal Framework 43

Global Fintech & Digital Assets

FEBRUARY 26, 2024

By Simon Hawkins and Adrian Fong On 7 February 2024, the Hong Kong Monetary Authority (HKMA) released a consultation paper on its proposal for implementing new regulations on the prudential treatment of cryptoasset exposures (Consultation Paper).

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Consulting Regulations Distributed Ledger Technology (DLT) Stablecoins 52

PYMNTS

NOVEMBER 4, 2016

It’s much tougher to legitimize and regulate it. Elsewhere in the world, officials continue actively seeking legitimacy and regulation for bitcoin. Switzerland’s new plans to loosen regulations on FinTech firms to boost competition include addressing the legal treatment of virtual currencies and assets.

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Bitcoin Digital Currency Law Enforcement Legal Framework 76

The Fintech Times

MAY 30, 2025

Financial institutions hesitate to adopt blockchain without clear, consistent regulatory frameworks, especially when operating across multiple jurisdictions. We are starting to see that shift with the introduction of MiCA in Europe, which aims to create a unified legal framework across the EU for crypto-assets.

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Blockchain AI Use Case Cryptocurrency 45

PYMNTS

SEPTEMBER 11, 2019

There are some amendments and exemptions to the law that are still being finalized. It seems AB 5 is done but for the final counting — and will soon be California’s local law of the land. That the law has been passed, for example, doesn’t answer how comprehensively the law will be enforced.

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Economy Laws Legal Framework Legal 65

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.

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APACS Legal Framework Finance Cross-Border 59

Neopay

JULY 18, 2024

Nordic Region: Countries like Finland, Sweden, Iceland, and Norway rank among the lowest for laundering risk, thanks to stringent regulations and innovative solutions. Sub-Saharan Africa: This region suffers from high money laundering risk due to corruption, poor transparency, and weak rule of law.

Money Laundering 52

Money Laundering AML Crime Cryptocurrency 52

Segpay

SEPTEMBER 30, 2023

This comprehensive guide will explore the world of selling CBD online, covering everything from the legal landscape to choosing the right eCommerce platform and getting started in this thriving industry. Federal Laws: At the federal level, CBD’s legality hinges on its source. THC (tetrahydrocannabinol).

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PYMNTS

JUNE 27, 2016

What that would do, of course, is put bitcoin in a regulatory framework that enables lawmakers to tax, regulate and monitor bitcoin transactions in a way that may give more legitimacy to the concept of the cryptocurrency. For now, there are no specific laws around bitcoin, which means bitcoin is already legal.

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Bitcoin Legal Framework Legal Cryptocurrency 44

PYMNTS

MARCH 9, 2020

To that end, PayPal said last month that it would team with law enforcement agencies, academics and experts to track how payments are used to traffic firearms illegally through the United States. The ripple effect of those insights may be one that can influence the policy conversation among lawmakers, ultimately leading to new regulations.

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PayPal Financial Crimes Crime Law Enforcement 70

Neopay

NOVEMBER 27, 2023

These Guidelines aim at forging a common understanding to ensure the consistent application of EU law as well as a stronger anti-money laundering and countering the financing of terrorism (AML/CFT) regime. The consultation runs until 26 February 2024.

Money Laundering 52

Money Laundering Consulting Finance Travel Rule 52

Stax

DECEMBER 9, 2024

Adherence to the Fair Credit Billing Act (FCBA) The Fair Credit Billing Act (FCBA) is a federal law designed to protect consumers in credit card transactions. Legal and Regulatory Considerations Businesses must navigate a complex web of regulations when dealing with chargebacks.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

PYMNTS

JUNE 10, 2020

Cottrell Title & Escrow has observed the ways in which the COVID-19 pandemic has impacted interest in RON services and the adoption of laws regulating how they are used. Florida was one of the few states that had legalized RON services prior to the initial outbreak.

Legal 52

Legal Money Laundering On-Demand Legal Framework 52

CoinRemitter

JUNE 30, 2024

Legal and Regulatory Challenges of DAOs Legal Status: Current legal frameworks struggle to categorize DAOs. This makes it hard to figure out which country’s laws apply to them and their activities. Regulators are concerned that DAOs might be used to bypass AML laws. This creates confusion.

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Governance Government Blockchain Money Laundering 40

Segpay

MAY 1, 2024

DORA entered into force on January 16th, 2023, and its legal implementation deadline is January 17 th , 2025. The Act will help regulators to identify and investigate financial crime more effectively. This can result in costly legal proceedings, settlements, and damages awards. DORA isn’t only designed to reduce financial crime.

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Cybersecurity Compliance Procedures Risk Management 52

PYMNTS

JANUARY 31, 2018

District Court judge ruled that the Amex practices violated federal antitrust laws. There was regulatory news on other fronts too, as you might guess, and it went beyond the scope of bitcoin and how cryptocurrencies might be regulated on a world stage. They have been sued by 11 states and the Department of Justice.

Rules 40

Rules Credit Cards Legal Consumer 40

Finovate

JANUARY 24, 2025

On the other hand, tighter regulations come with higher compliance costs and can limit the flexibility thats often critical for driving rapid innovation. One early issue will be compliance with the Instant Payments Regulation (IPR). In terms of new open banking regulations, what are your expectations? What is this policy about?

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Clearly Payments

FEBRUARY 8, 2024

To ensure the smooth operation of this system and protect the interests of all stakeholders, a robust regulatory framework is in place. This article aims to provide an in-depth overview of the key regulatory organizations, payment regulations, and prevailing trends that shape payment regulation in the USA.

Regulations 105

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

Segpay

AUGUST 20, 2024

Many Asian countries are drafting age verification laws to protect children from accessing age-inappropriate content and services. Source: Aware Biometrics In this article, we will explore age verification laws in key Asian countries, highlighting their approaches and the challenges they face.

Verification 105

Verification Laws Legal Privacy 105

PYMNTS

OCTOBER 1, 2018

Business lending in Australia probably won’t face tougher loan regulation when it comes to small business loans. The evidence and submissions provided to the commission did not reveal any great appetite to change the legal framework,” Commissioner Kenneth Hayne said in his interim report, according to the Australian Financial Review. “In

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Legal Framework Small Business Legal Laws 54

The Fintech Times

APRIL 8, 2024

Global law firm DLA Piper, i n partnership with The Fintech Times and The Fintech Power 50, recently hosted a fascinating evening event at its head office in London addressing how established players and disrupters in the insurance industry can navigate through the complexities of artificial intelligence (AI).

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AI Risk Legal Framework Use Case 59

Fintech News

MAY 29, 2025

In Asia, stablecoins are gaining significant attention, prompting governments to step in with efforts to regulate the sector. Singapore leads in stablecoin adoption Singapore is a regional leader in regulated innovation. This makes XSGD one of the worlds largest non-USD stablecoins.

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Stablecoins Regulations Issuers Digital Currency 86