Finextra

JUNE 5, 2025

This framework underpins real, verifiable trust. Provide a Legal Framework, Not Software Design The regulation should define the legal environment for trusted digital interactions, not prescribe technical implementations. Please read our Privacy Policy. We use cookies to help us to deliver our services.

Credential 52

Credential Payment APIs and Integration Authorization Issuers 52

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 Laws FinTech Regulations 147

Fintech Review

MAY 1, 2025

No matter how disruptive a fintech platform is, it must operate within legal frameworks that are evolving rapidly. These include anti-money laundering (AML) rules, know your customer (KYC) checks, data privacy requirements, cybersecurity protocols, and financial reporting obligations. It is no longer enough to innovate.

Compliance 59

Compliance Regulations FinTech Payment APIs and Integration 59

PYMNTS

NOVEMBER 5, 2019

If passed, the Online Privacy Act, sponsored by U.S. 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. This bill is stronger than the California law,” Eshoo said, according to The Verge.

Regulations 40

Regulations Privacy CCPA Legal Framework 40

Fi911

JANUARY 4, 2024

Certain regulations known as “chargeback rules” are, in fact, based on legal statutes. General Data Protection Regulation (GDPR) Effective in the EU from 2018, the GDPR imposes strict rules on the usage and storage of cardholder data, emphasizing consumer privacy.

Disputes 104

Disputes Laws Rules Governance 104

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

Segpay

APRIL 1, 2025

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. France, on the other hand, has integrated its age verification requirements within the broader framework of its existing digital and privacy laws.

Verification 45

Verification Regulations Privacy Online and Mobile Banking 45

Segpay

MARCH 24, 2025

Data Privacy & Cross-Border Compliance Australia: The Privacy Act 1988 applies, with additional AUSTRAC reporting for cross-border transactions over $10,000 AUD. USA: Stricter transaction monitoring, requiring Suspicious Activity Reports (SARs) to FinCEN and geographical targeting orders (GTOs) for high-risk areas.

Compliance 71

Compliance Suspicious Activity Report (SAR) Fincen AML 71

Stax

FEBRUARY 5, 2024

Healthcare providers, for instance, may factor in compliance costs spent on cybersecurity measures, staff training, regular audits, and legal consultations to ensure adherence to health information privacy regulations. Be aware of restrictions and guidelines in your business jurisdictions to avoid legal repercussions.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

The Fintech Times

JULY 2, 2024

There are political shifts, economic reforms, and efforts to modernise outdated legal frameworks. Also, in fintech and various other industries, regulatory frameworks governing digital payments, cybersecurity, and data privacy can differ vastly across borders within the region.

FinTech 59

FinTech Cross-Border Underserved Legal Framework 59

The Fintech Times

JANUARY 5, 2024

“But, as the use of AI proliferates, so too do fears about data safety, privacy and bias. As generative AI becomes more powerful, it will be crucial to develop ethical guidelines and legal frameworks to govern its use.” ” The post How Much Should We Expect Generative AI to Evolve Throughout 2024?

AI 75

AI Database Financial Crimes Compliance 75

PYMNTS

APRIL 28, 2017

While it sounds like science fiction, the push to create a legal framework protecting the information in our brains comes as investigations and research into neurotechnology grow — specifically in the realms of brain imaging, implants and brainwave monitoring.

Ransomware 62

Ransomware End User Crime Authentication 62

Stax

JANUARY 15, 2024

In the following sections, we’ll delve into the legal framework, compliance standards, and best practices to navigate the complexities of surcharging. Legal and Regulatory Framework Compliance ensures secure and transparent financial transactions, but nuances exist that businesses must grasp.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Segpay

AUGUST 20, 2024

For example, several Asian countries have taken measures to restrict Chinese TikTok due to concerns over data privacy and the protection of minors. India has a blanket ban on the production, distribution, and consumption of porn under its legal framework, particularly under Sections 67, 67A, and 67B Platforms.

Verification 105

Verification Laws Legal Privacy 105

Segpay

MARCH 20, 2024

Data Privacy and Security Concerns While AI significantly benefits fraud detection and security departments, it also raises concerns about data privacy and confidentiality. Privacy and Security Risks Adult entertainment platforms’ collection and monetization of user data raises significant privacy concerns.

AI 111

AI Privacy Non-Bank Fraud Detection 111

Finovate

JANUARY 24, 2025

The regulatory landscape for fintechs and financial services companies operating in the European Union is expected to undergo significant changes this year, with new standards, guidelines, and rules governing payments, data privacy, digital assets, and more.

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Clearly Payments

FEBRUARY 8, 2024

By enforcing compliance with legal frameworks, regulation not only upholds the integrity of the financial system but also safeguards national security interests. Regulatory efforts focus on safeguarding consumer data privacy and security while fostering innovation and competition.

Regulations 105

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

The Fintech Times

APRIL 8, 2024

Regulatory hurdles and compliance intricacies emerged as focal points, with speakers exploring the complex landscape of legal frameworks governing AI including the EU AI Act and the UK regulator’s approach to AI regulation, highlighting the importance of understanding forthcoming regulatory changes and their implications.

AI 59

AI Risk Legal Framework Use Case 59

Nanonets

OCTOBER 27, 2024

Yet boundaries set, firm and clear, Keep privacy and trust held dear. Data Privacy and Security Managed by OpenAI, suitable for general use but may be restrictive for sensitive data. Yet boundaries set, firm and clear, Keep privacy and trust held dear. ." Respond with care, no secrets told, A mindful process to uphold.

Laws 52

Laws Crime Returns Legal 52

Fintech News

FEBRUARY 2, 2025

11 of 2008 on Electronic Information and Transactions, meanwhile, governs the use of electronic information and transactions in Indonesia, providing a legal framework for electronic transactions and digital identity verification, which can be applied to eKYC practices. Finally, Law No.

AML 105

AML Due Diligence Money Laundering Legal Framework 105

The Fintech Times

NOVEMBER 29, 2024

She says: “To be what I would consider ‘reliable’ (as much as tech currently allows), AI must not only provide factual advice but also comply with legal frameworks, such as the GDPR (Article 5), which ensures data privacy and transparency. The advisor? The consumer? The company?

AI 89

AI Advisors Credential Legal Framework 89

The Fintech Times

JANUARY 18, 2025

“Fintechs must navigate regulatory frameworks that often lag behind innovation, ensuring compliance without compromising accessibility. “Additionally, data privacy and ethical AI deployment remain critical, as financial tools must empower users without exploiting them. “Regulation has always posed challenges.

FinTech 59

FinTech Financial Inclusion Underserved Cybersecurity 59

Fintech News

FEBRUARY 11, 2025

This includes intellectual property, data privacy, and financial services, ensuring a holistic approach to AI governance. In short, it is a legally binding international agreement designed to establish uniform AI regulatory principles globally. They are privacy, liability, transparency, and safeguarding against AI risks.

AI 117

AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 117

Fintech Weekly

JUNE 5, 2025

How do you personally assess which legal frameworks still apply — and which ones need to evolve — as tools like AI and crypto reconfigure the landscape? At the same time, we need to keep in mind that despite all of this promise, ALL of the legal frameworks still apply.

Risk 78

Risk Legal Legal Framework AI 78