Fintech News

MAY 5, 2025

While domestic fintechs and credit institutions may apply to join, participation in the sandbox does not guarantee future regulatory approval once permanent legal frameworks are introduced. Only firms licensed by the State Bank of Vietnam (SBV) will be allowed to participate, and foreign banks are explicitly excluded.

P2P 119

P2P Legal Framework Financial Inclusion API 119

Clearly Payments

OCTOBER 30, 2024

Understanding tax obligations in each market is crucial to prevent legal and financial issues. Require strong customer authentication : Two-factor authentication can reduce fraud risks, especially in regions where it’s legally required. Regularly review legal and compliance requirements for each country in which you operate.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Stax

MAY 7, 2025

But with complex regulations and shifting legal landscapes, it can be nearly impossible to stay up to date on your own. He noted that exceeding the cost of acceptance or the 3% maximum could lead to legal issues and customer dissatisfaction. DISCLAIMER: This information is not legal or tax advice.

ISVS 88

ISVS Best Practices Alternative Payment Methods Legal 88

VISTA InfoSec

MARCH 28, 2024

Data Minimization Data minimization means collecting only the information you absolutely need to serve your customers or comply with legal requirements. For example, if you’re only shipping products, you might not need to collect customers’ birthdates unless it’s relevant for legal age verification.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

NFCW

JANUARY 20, 2025

” The news follows the announcement last month that the UK government is to bring in new legislation this year that will grant legal status to digital IDs, paving the way “for certified digital identities to be added to the list of accepted age verification methods, alongside traditional forms like passports and driving licences.”

Government 108

Government Governance Verification Legal 108

VISTA InfoSec

OCTOBER 21, 2024

Relevant Skills of a Qualified DPO Deep understanding of Data Protection Laws, such as GDPR, CCPA, and others to ensure compliance with legal requirements. Strong communication skills to easily convey technical and legal concepts to the stakeholders, regulators, and employees. Internal vs. External DPO: Who is Better?

CCPA 208

CCPA Privacy Assessments Laws 208

The Fintech Times

DECEMBER 9, 2024

Google has filed a legal challenge against the US Consumer Financial Protection Bureau (CFPB), the agency responsible for overseeing consumer finance, after it placed Google Payment Corp., The move follows the agencys use of a dormant legal authority revived in 2022 to oversee nonbank entities deemed to pose risks to consumers.

Consumer Financial Protection Bureau (CFPB) 75

Consumer Financial Protection Bureau (CFPB) CFPB Regulations Legal 75

Payments Dive

MAY 6, 2022

That's opened the door for young companies that are using the ACH network to facilitate cannabis payments in states where it’s been legalized. In the cannabis business, federal illegality has kept many banks and payments companies on the sidelines.

ACH Network 182

ACH Network Compliance ACH Legal 182

Payments Dive

OCTOBER 1, 2024

billion to a litigation escrow account as it battles a Justice Department lawsuit and ongoing legal case with merchants. The company added $1.5

Legal 158

Legal Accounts 158

EBizCharge

DECEMBER 2, 2024

When used legally, the dual pricing approach can help businesses navigate the complexities of processing fees and empower consumers to make informed decisions at the point of sale (POS). For businesses, it provides a legal way to manage the hefty credit card processing costs and maintain competitive pricing for cash-paying customers.

Process 52

Process Credit Cards Legal Point-of-Sale (POS) 52

The Payments Association

NOVEMBER 12, 2024

In his new role, Martin will play an instrumental part in continuing to grow the firm’s presence in the sector and enhancing its innovative solutions to continue to support clients with every day legal needs, business critical projects and every touchpoint in between.

Cross-Border 88

Cross-Border Disputes Legal Laws 88

The Payments Association

NOVEMBER 27, 2024

The new amendments are set to bring legal entities in line with the existing open banking framework. Under the new regulations, banks must now allow account information service providers (AISPs) and payment initiation service providers (PISPs) access to account information for legal entities after securing their consent.

Third-Party Service Provider 88

Third-Party Service Provider API Legal Financial Inclusion 88

Fintech Finance

MARCH 19, 2025

AffiniPay , a leader in legal practice management software, integrated payments, and embedded fintech solutions for professionals, announced today the early access launch of MyCase Smart Spend, powered by the LawPay Visa Business Card, the first credit card to integrate with legal practice management software for streamlined spend management.

Credit Cards 59

Credit Cards Laws Legal Embedded Finance 59

Finextra

MARCH 3, 2025

Bank of America will look to launch its own dollar-backed stablecoin if US lawmakers make it legal to do so, says CEO Brian Moynihan.

Stablecoins 137

Stablecoins Legal 137

Fintech News

MARCH 11, 2025

In addition to securing FIU registration, Coinbases Chief Legal Officer, Paul Grewal , has joined the board of the U.S.-India India Business Council (USIBC), which plays a key role in strengthening commercial ties between the two nations. The company intends to be an active participant in this dialogue as it deepens its presence in India.

APACS 84

APACS Legal Returns Blockchain 84

Fintech News

NOVEMBER 27, 2024

The collaboration leverages DBS ’ regional expertise and services, including digital cross-border payments, trade financing, and connections to professional service providers offering legal, accounting, and HR support.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Finance Legal 117

NFCW

MARCH 27, 2025

” The legally binding measures “ensure that this innovation takes place in full respect of users’ privacy and security as well as the integrity of Apple’s operating systems,” the EU adds. “Moreover, physical smart cards can easily be read for instance to activate or secure mobile banking.”

Interoperability 101

Interoperability Rules End User Privacy 101

The Payments Association

MARCH 19, 2025

Beyond inefficiencies, manual processes create significant risks, such as: Misreported financials Compliance breaches Missed transactions Navigating regulatory uncertainty Unlike traditional payment systems, which operate within well-established regulatory frameworks, digital assets exist in a fragmented legal landscape.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

Stax

MAY 16, 2025

Gray noted, There are some historically underserved markets that we’re seeing a lot of growth in, citing specialized healthcare (such as chiropractic and veterinary practices), legal services, accounting firms, logistics companies, and nonprofits as key beneficiaries.

Embedded Finance 88

Embedded Finance Underserved Small Business Embedded Payments 88

Finextra

MARCH 19, 2025

Ripple's XRP token has surged 10% after the firm declared victory in its four-year legal tussle with the Securities and Exchange Commission

Legal 125

Legal Security 125

Fi911

APRIL 15, 2025

Is Negative-Option Billing Legal? The legality of negative-option billing varies depending on the jurisdiction, but it is generally permissible under certain conditions. Regulatory Actions Failing to comply with legal requirements can attract regulatory scrutiny. This frustration can tarnish a companys reputation.

FTC 59

FTC Federal Trade Commission Legal Best Practices 59

The Payments Association

DECEMBER 2, 2024

The enforcement of MiCA provides clear guidelines for the issuance and management of stablecoins, reducing legal uncertainties and fostering confidence among market participants. In response to MiCA’s requirements, several crypto exchanges and service providers adjusted their offerings.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

EBizCharge

JANUARY 6, 2025

Cash discounts are legal across the United States but must comply with specific guidelines and transparency requirements to avoid legal discrepancies. Both methods require care to ensure transparency, as misleading pricing can damage customer relationships or lead to legal non-compliance. How do cash discounting programs work?

Legal 52

Legal Adjustments Compliance Assessments 52

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

Finextra

MAY 22, 2025

Starling Group today named four new members of its Executive Committee, further strengthening its leadership in the legal, compliance, and people functions.

Legal 52

Legal Compliance 52

VISTA InfoSec

MARCH 25, 2025

VISTA InfoSec has successfully passed our demanding assessment process, which evaluates test methodologies, legal and regulatory requirements, data protection standards, logging and auditing, internal and external communications with stakeholders, as well as how test data security is maintained.”

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

PayJunction

JANUARY 21, 2025

However, navigating the legal landscape and maintaining customer trust requires a thoughtful and ethical approach. Surcharging is a practice that allows businesses to pass on most of the cost of credit card processing fees directly to their customers.

Best Practices 52

Best Practices Credit Cards Legal Process 52

Fintech News

JULY 28, 2024

They highlighted issues such as the merging of pension payments with severance packages, which they argue might not comply with Indonesian legal standards. Bank Commonwealth assured that it would adhere to legal requirements in compensating laid-off employees.

Legal 117

Legal Agreements Laws Acquirers 117

Finextra

NOVEMBER 25, 2024

Just five months after BBVA distributed 3,000 ChatGPT Enterprise licenses among its employees, 83 percent have incorporated it into their work routine and have created nearly 3,000 adaptations of the tool for specific tasks, ranging from financial data analysis to help to solve legal questions from clients in less than 24 hours or provide customer (..)

Legal 121

Legal AI 121

Fintech News

MARCH 19, 2025

The Competition and Consumer Commission of Singapore (CCCS) acknowledged media reports on the possible deal and advised the companies to seek legal counsel to ensure compliance with Singapore’s competition laws. The regulator remains open to discussions through its merger notification and pre-notification processes.

Regulations 80

Regulations Due Diligence Caps Mitigation 80

The Fintech Times

MAY 10, 2025

More appointments PayFuture, the payments platform connecting global businesses with emerging markets, has appointed Sanda Laicena as group chief legal officer. Anant Patel is named CEO of UK payments company Judopay, the brand which operates under Alternative Payments Ltd.

FinTech 59

FinTech Legal Enrollments Non-Bank 59

The Fintech Times

MARCH 18, 2025

Existing DFSA Authorised Firms looking to expand into tokenisation should also look to apply as well as those with a strong understanding of the applicable legal and regulatory requirements. These include equities, bonds, sukuk, and collective investment fund units.

Participant 72

Participant Assessments Legal Regulations 72

Fintech News

JANUARY 9, 2024

Despite concerns raised by the Office of the Council of State regarding the financing of this programme, they have not identified any legal impediments to the government’s plan to borrow funds for this purpose.

Central Bank 134

Central Bank Legal Government Governance 134

Fintech Review

SEPTEMBER 17, 2024

Fintech Review looks into their function, their role in fostering innovation, and the significant challenges they face, particularly in terms of legal recognition, security, and scalability. Legal Challenges Facing DAOs While they offer many advantages, they are not without challenges, particularly regarding legal recognition.

Governance 105

Governance Government Innovation Legal 105

VISTA InfoSec

MAY 24, 2024

It helps fulfil its legal and regulatory obligations related to data protection and privacy to prevent the risk of facing legal action, regulatory fines, and sanctions for failing to safeguard customer information adequately.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

VISTA InfoSec

SEPTEMBER 27, 2024

Relevant Skills of a Qualified DPO Deep understanding of Data Protection Laws, such as GDPR, CCPA, and others to ensure compliance with legal requirements. Strong communication skills to easily convey technical and legal concepts to the stakeholders, regulators, and employees. Internal vs. External DPO: Who is Better?

CCPA 130

CCPA Privacy Assessments Laws 130

Fintech News

APRIL 2, 2025

Prior to joining Paymentology, Hart served as Group CISO at GENII Software Group, where he led cybersecurity efforts across more than 100 legal entities and 3,000 employees, focusing on risk management, incident response, and regulatory compliance.

Cybersecurity 86

Cybersecurity Risk Mitigation Regulatory Compliance Risk Management 86