M2P Fintech

APRIL 11, 2025

The Reserve Bank of India (RBI) has released the Draft Directi ves 2025 on Lending Against Gold Collateral, bringing a much-needed regulatory reset to a sector thats long operated in silos. Financial Implications: Non-compliance could result in financial penalties, provisioning burdens, or reputational damage.

Due Diligence

The Payments Association

JULY 18, 2025

Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change. Some of this activity creates new opportunities for firms, such as the Data (Use and Access) Act 2025 for open banking and open finance. Jaspreet Kaur Senior consultant.

Regulations

Open Banking Excellence

JULY 8, 2025

Open banking in the United States is rapidly evolving, driven by both market initiatives and ongoing regulatory discussions. contrasts it with developments in Europe and the UK, and highlights key insights for the future of open banking in the country. Open banking in the U.S. has relied more on voluntary industry initiatives.

Regulations

Fintech Review

MAY 14, 2025

Including customer safeguards, monitoring procedures, duration limits, and exit strategies. Potential for Uneven Playing Fields: Some critics argue sandboxes may favour participants over non-participants, creating competitive imbalances. Regulators select projects that show genuine innovation and clear consumer benefits.

Innovation

Open Banking Excellence

MARCH 4, 2025

new Open Banking rules are an exciting development for the worlds largest market for financial services, but theres a strong argument that it also has profound global implications. Secondly, to activate a more globalised Open Banking ecosystem for large banks and fintechs driven by international collaboration. English speakers.

Non-Bank

Nanonets

NOVEMBER 7, 2024

Customizable business rules: This feature allows the creation of data-matching rules, computed fields, and business checks to comply with standard operating procedures and country-specific regulations. Citizen developer tools: Enables non-technical users to contribute to process optimization and design.

AI

Finextra

JULY 28, 2025

In practice, large banks and hedge funds might set up global trading teams working in shifts. Let’s break down a few key infrastructure implications for a never-sleeping market: Exchanges would need incredibly reliable hardware and software capable of running non-stop. A 24/7 market has to be resilient to threats at any hour.

Payment APIs and Integration

Finextra

JULY 7, 2025

This includes implementing strict non-disclosure agreements (NDAs) and protecting the intellectual property rights associated with the AI models and the underlying data. Data Governance Frameworks: Establishing clear policies, procedures, and responsibilities for data management and AI development.

AI

VISTA InfoSec

MAY 24, 2024

Develop and document security policies and procedures tailored to business operations. It is done to check whether only allowed data traffic is allowed between the card and the card and non-card data networks. It must also cover the non-card data environment. Conduct PCI DSS training for all employees. of PCI DSS. of PCI DSS.

PCI DSS

PYMNTS

MARCH 5, 2019

The Reserve Bank of India (RBI), the country’s central banking institution, has fined almost 20 lenders, including the State Bank of India and ICICI Bank, for not complying with rules on the use of worldwide payments network SWIFT, according to reports. The specific reasons for the non-compliance was not released.

Non-Bank

Fintech News

AUGUST 12, 2024

These trends include ecosystem banking, generative artificial intelligence (GenAI), and embedded finance, a new report by PwC India and ASSOCHAM says. Generative AI driving banking and fintech trends in India Generative is one of India’s biggest fintech trends highlighted in the report.

Embedded Finance

Open Banking Excellence

SEPTEMBER 21, 2023

Banks, fintechs, all other financial institutions and their supply chains must take the necessary steps to comply or risk paying a very heavy price both financially and reputationally. Banks and other companies which provide financial services in Europe already have plans in place for their IT security, but we need to go one step further.

FinTech

Fintech News

FEBRUARY 14, 2024

million (THB 844 million) in Thai Credit Bank Public Company Limited to boost small business financing in the country with a particular focus on women-owned or led firms. The investment, a part of the Thai Credit Bank’s Initial Public Offering (IPO), marks IFC’s first foray into the Thai banking sector as a cornerstone investor.

Financial Inclusion

Fintech News

OCTOBER 6, 2024

One major focus is on proactive prevention, where the IMC advocates for tighter regulations on corporate service providers and enhanced due diligence for non-financial sectors vulnerable to exploitation by money launderers. The IMC’s recommendations aim to adapt Singapore’s AML framework to counter increasingly sophisticated criminal methods.

Money Laundering

The Fintech Times

SEPTEMBER 14, 2024

While many incumbent banks and financial institutions have faced challenges during their digitalisation journeys, financial service providers in Taiwan have made significant strides in embracing digital transformation. Additionally, nearly 80 per cent of these banks utilise blockchain technology, particularly for certifying letters of credit.

Innovation

PYMNTS

DECEMBER 28, 2020

Her job required her to use the T-Chek system to pay for expenses incurred by truck drivers, but the individual reportedly altered the reports so that reimbursements would be paid to her personal bank account. In another case, the Bank of Ireland intercepted a $1.34 million business email scam. "We

B2B

Fintech News

JULY 24, 2024

In India, it is possible to start lending without obtaining a banking licence, all you need is to get a non-banking finance company licence. The number of NBFC lenders is much larger than that of banks, viz. about 10,000 vs. 100 traditional banks. Here are the risks I would advise to pay attention to: Risk No.

Non-Bank

PYMNTS

JUNE 15, 2020

For Aion Bank , based in Belgium, that means understanding the global operations of SMBs, as well as their local challenges as a company in Belgium and the broader European Union. There are unique challenges for SMBs operating in Belgium and the broader EU that banking solution providers should consider, said Czuba. ”

Cross-Border

PYMNTS

MAY 19, 2020

CCRManager , formed in 2017, will use the money from the new investors to serve corporates as well as bank and investor markets, which was the initial goal. CCRManager has members in over 100 financial institutions and non-bank lenders in 35 countries, according to the trade publication.

Finance

PYMNTS

JUNE 3, 2020

The role of application programming interfaces (APIs) in banking and B2B payments has grown progressively larger over recent years, especially overseas. The United Kingdom has more than 200 providers developing APIs , for example, and these developers made 200 million requests for bank data via APIs just in January.

Real Time Payments

PYMNTS

JANUARY 26, 2021

Think about major multinational companies, government organizations, airports and banks and the way employees, guests, mail, FedEx, UPS or anyone is allowed to come on the premises, Mashiyev said, and it's evident that a lot of businesses are still signing people in by paper and pen and using what he calls “the caveman solution.”.

Posting

PYMNTS

JANUARY 1, 2021

Indian FinTech Cashaa and the country's United Multistate Credit Cooperative Society teamed up to launch what they say is the world's first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The operation also will provide traditional banking services, according to the backers.

Bitcoin

Stax

JANUARY 8, 2024

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

Risk Management

PYMNTS

JANUARY 27, 2021

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Billtrust, REPAY Drive Virtual Card Adoption.

Commercial Card

Stax

DECEMBER 4, 2023

TL;DR An anti-money laundering (AML) program is a set of laws and procedures that seek to uncover attempts to disguise illicit money as legitimate. The Bank Secrecy Act (BSA) establishes AML program requirements for financial institutions in the US while the USA Patriot Act lays down which entities are required to comply.

Money Laundering

The Finance Weekly

JULY 31, 2023

Improved financial modeling and investment banking management are among the notable benefits that AI brings to growing companies. To simplify the difference between AI and non-AI software, Boucher specified that there lies in their ability to adapt and improve. He has also launched the first Chat GPT for the finance training program.

AI

PYMNTS

OCTOBER 30, 2020

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. billion of these payments in 2018 alone for a total of $97.04

Automation

VISTA InfoSec

NOVEMBER 12, 2024

Because it is mandated by payment card brands and banks for all businesses handling payment card data. This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. Todays article is focused on PCI DSS compliance for SaaS (Software as a Service) companies. and 10.2 ).

PCI DSS

VISTA InfoSec

NOVEMBER 12, 2024

Because it is mandated by payment card brands and banks for all businesses handling payment card data. This puts them in a prime position to become targets for cybercriminals, making payment security compliance non-negotiable. Todays article is focused on PCI DSS compliance for SaaS (Software as a Service) companies. and 10.2 ).

PCI DSS

Fi911

MAY 22, 2024

They can occur through multiple financial channels, including credit card transactions, bank transfers, and digital payment services. Different types of payment reversals exist, each with distinct procedures and implications. Payment reversals are common in both online and offline transactions. Why Do Payment Reversals Happen?

Payer

PYMNTS

JUNE 24, 2019

Just as technology and platforms have changed commerce, they are changing healthcare as well, refashioning the landscape and ways in which health data flows, how it is used and, at the other end of the spectrum, how we pay for care as it is delivered — without breaking the bank. billion if those patients were offered payment plans.

Procedures

Global Fintech & Digital Assets

MARCH 5, 2024

Regulator sets out its expectations for banks looking to provide digital asset custody services, and sell and distribute tokenised products. All of this recent guidance aims to deliver more certainty for banks and securities firms seeking to capitalise on developments in digital assets and tokenisation. loyalty points, in-game assets).

Authorization

The Fintech Times

FEBRUARY 21, 2024

The Commonwealth Bank of Australia (CBA) has become the latest financial institution to be approved as a Validation Agent in the Global Legal Entity Identifier (LEI) System. The news comes as converging industry developments are anticipated to drive a sharp increase in LEI adoption by SMEs and non-financial organisations across the region.

ISO 20022

PYMNTS

AUGUST 28, 2019

According to PYMNTS’ Credit Union Innovation Index, 65 percent of credit union members said they chose a credit union (CU) as their primary because they trusted it, as opposed to 45 percent of non-CU members who said the same. Open Banking Benefits. Open banking is a solution that can solve security issues and instant payments.

Credit Union

Neopay

OCTOBER 3, 2024

The recent £29 million fine imposed on Starling Bank by the Financial Conduct Authority (FCA) for financial crime failings offers important lessons for businesses in the e-money and payments industry. For more details, you can read the FCA’s Final Notice on Starling Bank’s failings here.

Financial Crimes

PYMNTS

AUGUST 13, 2018

The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.

FBI

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking