PYMNTS

FEBRUARY 12, 2018

Rules aimed at removing hurdles for small companies to list on the stock market aren’t resulting in much gains for investors. Under the rules, companies are permitted to raise as much as $50 million by selling shares to any investor, not only those with a certain amount of income or net worth, as required by traditional IPOs.

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Regs Rules Laws Regulations 40

PYMNTS

FEBRUARY 18, 2019

As part of the EU’s Digital Single Market push , regulators and politicians that are part of that body have, in the words of the EU, “reached a political deal on the first-ever rules aimed at creating a fair, transparent and predictable business environment for businesses and traders when using online platforms.”. Marketplace Changes.

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Regs Rules Regulations Privacy 58

PYMNTS

MARCH 18, 2020

The anticipated rule would pertain to “deposit insurance, change in bank control, and merger filings that involve industrial banks.”. The rules would mandate that the insured financial institution contract with the FDIC in writing and outline its relationship with the industrial bank.

FDIC 57

FDIC Regs FinTech Rules 57

FICO

SEPTEMBER 19, 2022

Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F. Reg F isn't a hurdle to adjust to and live with. Consumer Financial Protection Bureau (CFPB) announced the final rules interpreting the Fair Debt Collections Practices Act (FDCPA) on July 30, which went into effect on November 30, 2021. Embrace it.

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Regs Consumer Financial Protection Bureau (CFPB) CFPB Rules 52

Payments Source

AUGUST 2, 2018

Today: Allied Wallet's CEO reportedly makes big political donations and skirts bank regs; Indian central bank pressures Paytm on AML; Grab's prepping another $1 billion raise; Google Pay adds another market; FSA tightens rules for FX marketing. The information you need to start your day, from PaymentsSource and around the Web.

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Regs AML Central Bank Rules 63

PYMNTS

JUNE 29, 2020

Wirecard Forces ‘Radical’ Reboot Of German Accounting Regs. The pandemic has accelerated consumer preferences for contactless payments, leaving merchants scrambling to process higher volumes while remaining compliant with rules for strong customer authentication (SCA). Plus, the Federal Deposit Insurance Corp.

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Regs FDIC Accounts Consumer 56

PYMNTS

JANUARY 24, 2020

The agency would have 1,600 officials and would make regulations as well as look to see the imposed privacy rules are being followed. The Online Privacy Act, if passed, would lead to the Digital Privacy Agency (DPA)’s creation. The legislation is in response to privacy scandals.

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Regs AI Privacy Regulations 67

PYMNTS

FEBRUARY 19, 2019

In other news, Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has announced new rules for trading crypto assets on futures exchanges in the country. However, these new rules do not apply to initial coin offerings ( ICOs ), and using cryptocurrencies for payment is still illegal in the country.

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Bitcoin Regs Risk Assessment Blockchain 65

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Regs 60

Regs Privacy Rules Regulations 60

PYMNTS

JULY 16, 2018

New rules may loom for technology providers pertaining to privacy — on a national level. Companies also have new rules in place that govern how data is shared for children aged 16 and below. That would include rules touching on how and when the tech could be used. ITI is looking for legislation at the federal level.

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Privacy Rules Regs Money Laundering 40

PYMNTS

JUNE 10, 2019

In addition, the market became more hostile after the FCA set new rules to limit marketing, boost governance and credit underwriting, and force lenders to prepare for failure. Some of Lendy’s rivals believe that tougher rules should reassure customers about the strength of the remaining lenders. “We Despite lending £6.7

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P2P Regs Rules Regulations 55

PYMNTS

OCTOBER 26, 2018

But legal hurdles have caused some FinTechs to approach the charters cautiously, reports said, while they wait for greater clarity and certainty on the rules. .” The bank charters would allow FinTechs to operate on a national level rather than having to obtain state-level licenses one by one.

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Office of the Comptroller of the Currency OCC Regs Blocks 62

PYMNTS

SEPTEMBER 30, 2019

With a nod toward privacy regulation, this past week saw the European Union’s top court ruling that Google need not extend the “right to be forgotten” across the globe. As reported, the court has ruled that the search and tech giant need only sever links from search results tied to Europe when demanded to do so by individuals.

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Regs Privacy Regulations Rules 53

PYMNTS

DECEMBER 3, 2019

As per the new rules, people who rent out their properties to Airbnb have to live in them for at least nine months out of any given year. Only one listing is allowed per host, and hosts have to register units every year in addition to paying a licensing fee.

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Regs Regulations Legal Settlement 52

BioCatch

MAY 31, 2024

The case itself was raised by a trade group of Payday lenders, seeking to undermine a rule that it found to restrict lending in this space.

Consumer Financial Protection Bureau (CFPB) 49

Consumer Financial Protection Bureau (CFPB) Reg E CFPB Regs 49

PYMNTS

JUNE 4, 2018

Separately, and on the international stage, Meridian Trade Bank was fined more than €450,000 for breaching anti-money laundering rules. That movement comes as matters requiring attention — citations put forth by the OCC to modify lending practices — are up 24 percent year over year, as measured in the first quarter.

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CFPB Consumer Financial Protection Bureau (CFPB) Regs Office of the Comptroller of the Currency 47

PYMNTS

APRIL 2, 2019

The news comes as Zuckerberg wrote an opinion piece in The Washington Post that asked regulators to take a “more active role” in crafting rules for how to govern the web.

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Regs Regulations Rules Government 43

PYMNTS

DECEMBER 3, 2019

Those threats encompass having to offer a service that is fully private to customers who pay, being forced to unwind the acquisition of Instagram and complying with new rules in the U.S. Citigroup had moved coverage of Facebook to Bazinet, who reportedly issued the warning out of the gate, Bloomberg reported.

Regs 52

Regs Compliance Risk Rules 52

PYMNTS

MARCH 19, 2018

Competition Commission — now the Competition and Markets Authority — introduced stricter rules for the accountancy market, but Haddrill said the measures have done little to boost competition. “In some circles, there is a crisis of confidence.”. A previous inquiry by the then-U.K.

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Regs Accounts Audit Regulations 49

PYMNTS

MAY 6, 2019

The European Commission (EC) recently ruled in favor of a 40 percent reduction of interregional interchange fees charged by Visa and Mastercard, a ruling that reports said applies to non-EU consumer debit and credit cards used to make purchases across Europe.

Commercial Card 46

Commercial Card Caps Regs Visa 46

PYMNTS

FEBRUARY 3, 2019

The government official said the Competition and Consumers Commission is looking at ways to remove regulatory barriers that hurt smaller banks and would push to promote opening banking rules that make it easier for consumers in Australia to easily switch banks.

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Regs Regulations Rules Acquirers 40

PYMNTS

MARCH 12, 2019

Regulators are also adopting a range of reforms for the banking industry aimed at improving services, though policymakers are unclear on how the effort will impact small businesses, with debate over how to define a “small business” and whether to include SMBs under borrower protection rules.

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Regs Small Business Regulations Advisors 43

Wharton Fintech

AUGUST 21, 2023

Possible staking functionality in the future for Alto CryptoIRA Eric: So there’s a very simple rule of thumb, which is that there’s no such thing as a free lunch. There are other types of securities deals, Reg A, Reg A+…where non-accredited investors can can participate as well. I don’t think Bitcoin and Ethereum are going away.

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Accreditation Returns Regs Origination 130

PYMNTS

JULY 24, 2020

Wider acceptance of open banking rules and strategies is occurring in Brazil, Chile, Colombia and Mexico, and venture capital investment interest is following, even as many of the region’s merchants are assessing the pandemic’s negative financial impacts.”.

Online and Mobile Banking 67

Online and Mobile Banking Regs Regulations Cross-Border 67

PYMNTS

FEBRUARY 9, 2017

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. A Window Of Opportunity. But what about the other concern?

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Reg E Security Transactions Third-Party Sender 46

PYMNTS

APRIL 11, 2019

The rules would also apply to data brokers and businesses with over a million consumers’ data. Federal Trade Commission ( FTC ), as well as require tech companies with annual revenue above $50 million to study if race, gender or other biases are embedded in their computer models.

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Regs Federal Trade Commission FTC Automation 40

PYMNTS

OCTOBER 22, 2019

These rules were designed to ensure that banks have enough cash on hand to meet their obligations in the event of another market crash,” Warren wrote.

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Regs Money Laundering Fed Rules 40

PYMNTS

MARCH 26, 2018

She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement. The upgrades, which The VAT Consultancy advised upon, ensures the eInvoices that suppliers issue are VAT-compliant and include the necessary data for each EU member state based on its particular VAT rules.

Regs 40

Regs B2B Consulting Compliance 40

PYMNTS

NOVEMBER 5, 2018

Roughly a decade on, is it time to remove some of the rules governing the financial sector that took shape in the aftermath of the Financial Crisis of 2008? To that end, the Federal Reserve proposed last week that some rules be relaxed for 16 financial institutions — though the largest banks in the country are not among them.

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Fed Federal Reserve Regs Rules 51

PYMNTS

NOVEMBER 4, 2019

The International Organization of Securities Commissions (IOSCO) said existing securities rules could be applied to Libra, Facebook’s proposed cryptocurrency, according to a report by Reuters. The IOSCO is made up of regulators across the globe, including Japan, Europe and the U.S.

Regs 40

Regs Stablecoins Security Money Laundering 40

PYMNTS

JULY 17, 2018

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

Credit Union 40

Credit Union Regs Push-to-Card Underwriting 40

PYMNTS

DECEMBER 21, 2020

The European Union ’s governing European Commission published drafts of new rules for digital services that would cover social media, digital marketplaces and other platforms. Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments in the U.S., and Europe.

Privacy 57

Privacy Agreements Federal Trade Commission Regs 57

PYMNTS

JANUARY 3, 2017

If its listings hold constant, Airbnb could see its bookings in 2017 drop by a third thanks to the new rules. What remains to be seen is if the regs will shift visitors to new listings on the Airbnb platform — or off of the platform entirely. billion in 2017.

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Regulations Regs Regulatory Compliance Disputes 45

PYMNTS

DECEMBER 28, 2020

The Wall Street Journal reported that while the fines were small, they represented the first time that authorities had ever enforced such rules against foreign-listed Chinese firms. Chinese officials last month also issued draft rules aimed at preventing monopolistic behavior by internet firms.

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Regulations Authorization Regs Central Bank 67

PYMNTS

APRIL 8, 2016

Making matters worse, there was no window given for time to comply; the regs went into effect immediately. But, on the upside, the rules do give some clarity about the status of foreign eCommerce operators in India, which, up until now, had been something of a cloudy question. But, cloudy or not, it is a desirable target.

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Law Enforcement Regs Rules Laws 41

Global Fintech & Digital Assets

JANUARY 24, 2024

Wink , and Deric Behar On January 10, 2024, the Securities and Exchange Commission (SEC) issued , on an accelerated basis, an Omnibus Approval Order (the Order) for proposed NYSE Arca, Nasdaq, and Cboe BZX rule changes seeking to list and trade shares of 11 spot bitcoin trusts. Based on recent developments (primarily the D.C. 22-1142 (D.C.

Bitcoin 59

Bitcoin Product Agreements Rules 59

Fintech Labs Insights

MAY 13, 2015

Presenting Scott Purcell (Founder, CEO) and Scott Anderson (General Counsel). Product Launch: December 2014. Metrics: $2.25M angel funding to date, 9 employees, 125 crowdfunding platforms signed up, 40+ escrows opened in first 3 months.

Compliance 22

Compliance Regs AML Advisors 22