PYMNTS

MAY 24, 2018

Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market. He said they are another way to take deposits from customers — and as a result, should be regulated the same way. The magic word here is wallet.

Regulations 55

Regulations Legal Framework Rules Legal 55

PYMNTS

JULY 7, 2019

Are new bitcoin rules coming? Congress “is considering at least three bills that would resolve some of the murky legal issues surrounding digital money.”. regulators and politicians increase their focus on Big Tech and associated areas, with recent hearings targeting Facebook and Google. The move comes as U.S.

Regulations 51

Regulations Legal Framework Cryptocurrency Bitcoin 51

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

Neopay

JULY 18, 2024

The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.

Travel Rule 52

Travel Rule Money Laundering Rules Finance 52

PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. “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

Finextra

JUNE 5, 2025

Regulate the Public Sector Regulatory focus should be on empowering public sector organisations to issue and accept digital credentials. This framework underpins real, verifiable trust. While it may be tempting to regulate technical specifications, the amended eIDAS regulation already provides sufficient guidance.

Credential 52

Credential Payment APIs and Integration Authorization Issuers 52

Fintech Review

SEPTEMBER 17, 2024

This framework offers the promise of fairness and inclusivity, as decision-making authority is decentralised. At the core of DAOs are smart contracts, which automatically execute actions based on predefined rules. DAOs exist in a grey area legally because traditional legal frameworks have not caught up with blockchain innovations.

Government 105

Government Governance Innovation Legal 105

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? There are significant changes coming in Europe, which highlight getting a handle on responsible AI use, with the banking and financial services sector among those that will be most impacted by increasing regulation.

AI 52

AI Regulations Legal Framework Non-Bank 52

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.

Regulations 40

Regulations Privacy CCPA Legal Framework 40

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

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. This includes harmonising regulations across jurisdictions, sharing intelligence, and conducting joint operations.

Money Laundering 109

Money Laundering Law Enforcement AML Non-Bank 109

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. Before addressing gaming and gambling regulations, let’s take a helicopter view at the regulatory frameworks that regulate the payments industry.

Compliance 71

Compliance Suspicious Activity Report (SAR) Fincen AML 71

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).

Consulting 52

Consulting Regulations Distributed Ledger Technology (DLT) Stablecoins 52

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.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Neopay

NOVEMBER 27, 2023

These ‘travel rule’ Guidelines specify the steps that Payment Service Providers (PSPs), Intermediary PSPs (IPSPs), crypto-asset service providers (CASPs) and Intermediary CASPs (ICASPs) should take to detect missing or incomplete information that accompanies a transfer of funds or crypto-assets.

Money Laundering 52

Money Laundering Consulting Finance Travel Rule 52

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

Stax

DECEMBER 9, 2024

Preventative Steps to Combat Credit Card Chargebacks Ensure That You’re Following the Protocols of Your Payment Processor Payment processors have rules for handling orders placed online, which are known as Card Not Present interactions. However, chargeback processes and regulations differ across regions.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

FICO

MAY 13, 2021

Last month, the European Commission issued a new legal framework for AI , designed to make the European Union a centre of excellence for trustworthy AI. The new rules divide AI systems into different categories of risk (based on the impact of an error in the AI system) and impose restrictions and requirements based on that risk.

AI 52

AI Legal Framework Risk Compromise 52

PYMNTS

JANUARY 31, 2018

Though Mastercard and Visa have dropped similar practices, tied to a settlement with the Justice Department struck in 2010, Amex has held onto those rules. District Court judge ruled that the Amex practices violated federal antitrust laws. Following that ruling, the States asked the Supreme Court to hear the case.

Rules 40

Rules Credit Cards Legal Consumer 40

PYMNTS

SEPTEMBER 11, 2019

“Under that three-part test, arguably the highest bar is that a company must prove that contractors are doing work ‘outside the usual course’ of its business,” Tony West, Uber’s chief legal officer, said on a call with reporters. Lyft spokesperson Adrian Durbin had slightly more pointed words about the new law.

Economy 65

Economy Laws Legal Framework Legal 65

CoinRemitter

JUNE 30, 2024

In DAOs, rules and protocols are encoded in smart contracts, which are self-executing agreements with the terms of agreements directly written into code. In DAOs, smart contracts on blockchains enforce rules and carry out decisions automatically. Regulators are concerned that DAOs might be used to bypass AML laws.

Government 40

Government Governance 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. Contracts: DORA sets rules for contractual standards when outsourcing to critical ICT third-party providers (CTTPs).

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

FICO

JUNE 19, 2023

In part this is due to banks’ interpretation of data protection rules. Both are within the same legal framework, but the perception of what is allowed and what is not is different. Both are within the same legal framework, but the perception of what is allowed and what is not is different.

Automation 52

Automation Legal Framework Legal Consulting 52

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. One early issue will be compliance with the Instant Payments Regulation (IPR).

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Nanonets

SEPTEMBER 22, 2023

The bots follow predefined rules and procedures, minimizing the risk of human error. Furthermore, RPA ensures accuracy by following predefined rules and algorithms, minimizing the likelihood of mistakes. The software robots work consistently and tirelessly, adhering to the established rules and making accurate calculations every time.

Automation 40

Automation Accounts Process Reconciliation 40

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

China: Pioneering Stringent Measures Well known for its heavy state control, it shouldn’t be a surprise that China stands at the forefront of age verification regulations in Asia. Strict Gaming Regulations : China has implemented stringent regulations for online gaming. This country, inhabited by 1.4

Verification 105

Verification Laws Legal Privacy 105

Segpay

MARCH 20, 2024

Regulatory Compliance Challenges Deploying generative AI in banking is subject to a complex regulatory landscape governed by stringent data protection, consumer privacy, and financial regulations.

AI 111

AI Privacy Non-Bank Fraud Detection 111

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

Fintech News

FEBRUARY 2, 2025

Rules and standards are also changing to keep pace with shifts in how customers behave and interact with organizations. Key AML/CFT regulations in Indonesia include Law No. 8 of 2010 , which lays the foundation for combating money laundering by outlining compliance requirements for businesses, as well as Government Regulation No.

AML 113

AML Due Diligence Money Laundering Legal Framework 113

Nanonets

OCTOBER 27, 2024

A safeguard wrapped in lines and rules, Ensuring that I follow tools. "Protect A safeguard wrapped in lines and rules, Ensuring that I follow tools. "Protect Moral Implications: Even in the absence of legal frameworks, many people have a moral compass that dictates what is right and wrong.

Laws 52

Laws Crime Returns Legal 52

The Payments Association

MAY 14, 2025

A recent Payments Association webinar which explored how technology, regulation, and collaboration are reshaping cross-border payments and the correspondent banking model. The industry is moving towards AI-driven compliance, real-time data, and closer collaboration among banks, fintechs, and regulators. Why is it important?

Cross-Border Payments 88

Cross-Border Payments Correspondent Bank Cross-Border Correspondent 88

The Fintech Times

FEBRUARY 2, 2025

Singapore’s Ministry of Trade and Industry (MTI) has issued a clarifying statement stressingthat it expects US companies to adhere to both US export regulations and Singapore’s legal framework. We expect US companies, like Nvidia, to comply with US export controls and our domestic legislation.

CHIPS 59

CHIPS Law Enforcement Legal Framework AI 59

Fintech News

APRIL 8, 2025

The photo was taken from Pexels When Law Becomes a Loophole This scam hit especially hard because it came at a time when Singapores legal framework had already started to shift in response to scam-related crimes. Because Singapore is known for being efficient and rule-following, were particularly vulnerable to scams.

Scams 100

Scams Authorization Legal Framework Crime 100

Fintech Weekly

JUNE 5, 2025

Lindenbaum Rosalia Mazza Friday, June 6th 2025 07:01AM Legal expert Matthew G. Lindenbaum explains why fintech firms shouldn’t mistake relaxed enforcement for reduced legal risk. Federal regulators are pulling back — lawsuits dropped, rules relaxed, priorities reshuffled. Now, its absence might be the biggest risk.

Risk 78

Risk Legal Legal Framework AI 78