The Payments Association

JANUARY 13, 2025

Under the Bill, PSPs will be required to review their obligations under this evolving legal framework to confirm their ability to deliver on redemption guarantees. This could lead to disputes over ownership, custody, and liability in cases where the legal framework is yet to be fully tested.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech News

JULY 1, 2024

This strategy involves coordinated risk identification, robust legal frameworks, strict regulatory regimes, decisive enforcement actions, and international cooperation.

Risk Assessment 113

Risk Assessment Assessments Risk Finance 113

Fintech News

APRIL 3, 2024

Such inefficiencies, compounded by disparate legal frameworks, regulatory standards, and technical requirements across jurisdictions, present considerable challenges in terms of operational hours, time zones, and the repetitive execution of financial integrity checks, such as anti-money laundering and customer verification protocols.

Cross-Border Payments 123

Cross-Border Payments Cross-Border Central Bank Federal Reserve 123

The Paypers

JUNE 30, 2023

The EU has reached a provisional agreement between the European Parliament and the Council of the European Union for the legal framework regulating the European Digital Identity.

Agreements 69

Agreements Legal Framework Security Legal 69

PYMNTS

AUGUST 17, 2020

The legal framework surrounding Amazon’s move is complicated by the general muddy state of drugstore regulation in India. Amazon Pharmacy launched in Bengaluru, India last week. For years, pharmacists have complained about confusion around what is allowed as small operations have launched.

Shutdown 100

Shutdown Legal Framework Legal Governance 100

The Paypers

DECEMBER 15, 2020

The European Banking Authority (EBA) has published an Opinion on how to strengthen the connection between the EU legal frameworks on anti-money laundering and terrorist financing, and deposit protection.

Legal Framework 28

Legal Framework Legal Money Laundering AML 28

The Payments Association

DECEMBER 2, 2024

For instance, some platforms delisted certain stablecoins that did not comply with the new regulations, ensuring adherence to the EU’s legal framework. In response to MiCA’s requirements, several crypto exchanges and service providers adjusted their offerings.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

PYMNTS

JANUARY 26, 2021

Speaking at a World Economic Forum panel, Yi said the matter was “complicated” and what was needed was a clear legal framework. “I Bloomberg reported that People’s Bank of China Governor Yi Gang said regulatory agencies are, in relation to Ant, still looking into issues surrounding potential monopolies.

Legal Framework 95

Legal Framework Regulations Central Bank Privacy 95

The Fintech Times

AUGUST 19, 2024

In April 2024, the country reviewed the legal framework for virtual assets declaring that providers must register and comply with the duty to report to authorities. This reflects the growing acceptance of digital assets within the country’s legal framework.

Legal Framework 64

Legal Framework Cryptocurrency Money Laundering Card Issuer 64

Fintech Finance

SEPTEMBER 17, 2024

21/2023, dated May 25th, which sets the legal framework for startups and scaleups in Portugal. This milestone reflects Akurateco’s dedication to pushing the boundaries of technology in the financial sector and its commitment to scaling operations within Europe.

Legal Framework 95

Legal Framework Legal Innovation Payment Solutions 95

PYMNTS

JULY 7, 2019

is falling behind: Japan and Switzerland have developed legal frameworks that have attracted cryptocurrency projects and investment. The newspaper said “crypto’s backers in Washington say regulatory clarity is vital to the sector’s growth. They also worry the U.S.

Regulations 82

Regulations Legal Framework Cryptocurrency Bitcoin 82

Fintech Finance

JULY 1, 2024

The digital euro preparation phase is progressing well and we support the ongoing democratic debate on the legal framework for the digital euro,” said Executive Board member Piero Cipollone, who chairs the High-Level Task Force on a digital euro. The digital euro is a common European endeavour.

Legal Framework 98

Legal Framework Money Laundering Online and Mobile Banking Central Bank 98

Fintech Review

SEPTEMBER 17, 2024

Legal Challenges Facing DAOs While they offer many advantages, they are not without challenges, particularly regarding legal recognition. DAOs exist in a grey area legally because traditional legal frameworks have not caught up with blockchain innovations.

Governance 105

Governance Government Innovation Legal 105

Fintech News

JANUARY 17, 2024

This mindset must be replaced with a technology- and data-friendly culture that enables companies to exploit the full potential of data-driven banking within the existing legal frameworks.

AI 119

AI Legal Framework Use Case Risk 119

The Fintech Times

MAY 2, 2025

Others on the panel discussed how regulatory and legal frameworks vary globally, posing challenges and risks of regulatory arbitrage. He mentioned that payment companies like Stripe are processing substantial volumes, rivalling traditional financial giants.

FinTech 64

FinTech Stablecoins Legal Framework Central Bank 64

NFCW

JUNE 25, 2024

” “The digital euro preparation phase is progressing well and we support the ongoing democratic debate on the legal framework for the digital euro,” Executive Board member Piero Cipollone, chair of the High-Level Task Force on a digital euro, says. The digital euro is a common European endeavour.

Central Bank 103

Central Bank Online and Mobile Banking Legal Framework Caps 103

PYMNTS

NOVEMBER 20, 2018

According to the report, the European Central Bank said it doesn’t have a legal mandate to go after money laundering, which is usually in the hands of the authorities of each European Union country.

Money Laundering 73

Money Laundering Central Bank Legal Framework AML 73

PYMNTS

FEBRUARY 6, 2020

The proposal is meant to create a legal framework for that process, and to allow the tokens to be sold under current securities laws. Recently, ICOs have been a highly successful way for companies in the crypto field to raise millions of dollars without being subject to the oversight of regulators.

Laws 72

Laws Security Legal Framework Regulations 72

PYMNTS

APRIL 12, 2019

“If the data controller implicitly trusts a data processor simply because there is a consistent legal framework in place, criminal abuse of trust will always take place.”

Cybersecurity 77

Cybersecurity Data Breach Breach Legal Framework 77

PYMNTS

NOVEMBER 20, 2020

The European Commission noted on its site that the legal framework for digital services has been unchanged in the region for about 20 years. It would also change some of the market’s competitive dynamics. Public consultation on the act ended in September. The proposal to the EU Parliament is on the horizon.

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Open Banking Excellence

SEPTEMBER 27, 2024

The main objectives of this law are to promote financial inclusion, establish a solid legal framework to increase users’ confidence in financial technology services, and stimulate greater competition in the financial market. In 2023, the Fintech landscape experienced notable growth.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Fintech News

FEBRUARY 14, 2024

The guide provides a practical toolkit for the industry, leveraging expert opinions from various stakeholders to explore the role of banks in digitalization initiatives, legal frameworks, international standards and innovative technologies.

Finance 123

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 123

PYMNTS

APRIL 1, 2020

The company said it “plans to offer its platform into countries with legal framework and regulation for cryptocurrencies.” And, digital currency exchange BuyUcoin has received a trade and wallet license in Estonia, according to an announcement.

Bitcoin 64

Bitcoin ATM Legal Framework Digital Currency 64

PYMNTS

NOVEMBER 28, 2019

27, the Swiss Federal Council adopted the dispatch on the further improvement of the framework conditions for DLT/blockchain, which is aimed at increasing legal certainty, removing barriers for applications based on DLT and reducing the risk of abuse. And during a meeting on Nov.

Legal Framework 57

Legal Framework NOV Transactions Settlement 57

PYMNTS

APRIL 28, 2019

According to Cleavland.com , the bill sponsored by Ohio Representative Rick Caragna is part of the state’s efforts to build a legal framework for the technology that underpins cryptocurrencies such as bitcoin.

Blockchain 59

Blockchain Legal Framework Bitcoin Cryptocurrency 59

The Fintech Times

JANUARY 18, 2024

By creating a standardised legal framework across the EU, MiCA not only increases the accountability of service providers but also fosters consumer confidence in using and investing in crypto-assets.

Legal Framework 69

Legal Framework Cross-Border Regulations Settlement 69

PYMNTS

NOVEMBER 2, 2018

As the government explores how to mitigate the issue, the nation’s Commissioner Kenneth Hayne released an interim report earlier this year , noting that there is little evidence to support the need for overhauling the legal framework to expand borrower protections to small businesses.

Disputes 61

Disputes Legal Framework Small Business Governance 61

PYMNTS

DECEMBER 23, 2020

We support legal frameworks that achieve these goals.”. “We all share the same goal: free access to information for everyone, and responsible protections for people and their data,” Pichai told lawmakers, according to Bloomberg. “We

Federal Trade Commission 76

Federal Trade Commission Legal Framework Laws FTC 76

PYMNTS

JULY 6, 2020

While much of the legal framework has come from European Union (EU) regulators, it is a loose alliance of financial institutions (FIs), heavy-duty tech players and nimble FinTechs making breakthroughs.

API 76

API B2B Payment APIs and Integration Legal Framework 76

PYMNTS

JULY 7, 2019

is falling behind: Japan and Switzerland have developed legal frameworks that have attracted cryptocurrency projects and investment. The newspaper said that “crypto’s backers in Washington say regulatory clarity is vital to the sector’s growth. They also worry the U.S.

Regulations 51

Regulations Legal Framework Cryptocurrency Bitcoin 51

Fintech Finance

MAY 7, 2025

With my experience in building high-performing legal teams and navigating complex regulatory environments, I look forward to helping PayFuture expand its reach globally, while ensuring that legal frameworks and internal processes remain agile and aligned with business needs.”

Legal 59

Legal Regulatory Compliance Legal Framework Compliance 59

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.

APACS 59

APACS Legal Framework Finance Cross-Border 59

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 (..)

FinTech 64

FinTech Non-Bank Legal Framework Central Bank 64

PYMNTS

SEPTEMBER 2, 2019

Japan and Switzerland have already developed legal frameworks that have attracted cryptocurrency projects and investment. Changes in the payments industry are reducing the transparency of retail and other consumer payments throughout the value chain. Facebook chose to incorporate the group that will govern Libra in Switzerland.

Regs 49

Regs BSA Legal Framework Cryptocurrency 49

Fintech Review

MAY 1, 2025

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

Compliance 59

Compliance Regulations FinTech Payment APIs and Integration 59

The Fintech Times

MARCH 14, 2024

In this regard, the broader legal questions as to the exact nature of the legal features and consequences of digital assets has very much remained open for debate on a number of key issues.

Laws 69

Laws Legal Legal Framework Cross-Border 69

Fintech News

JULY 17, 2024

The United States continues to rely on the Bank Secrecy Act (BSA) as the primary legal framework governing AML regulations, with the Financial Crimes Enforcement Network (FinCEN) providing guidance on how these regulations apply to cryptocurrency businesses. The United Arab Emirates has amended Federal Decree-Law No. (20)

Money Laundering 106

Money Laundering Law Enforcement AML Non-Bank 106