Finextra

OCTOBER 23, 2024

Norway's progress to become one of the world's first cashless economy has hit a roadblock under new rules passed by Parliament that oblige shops to accept cash payments alongside other mobile payment and card options.

Rules 134

Rules Economy Mobile Payments Payments 134

Finextra

OCTOBER 22, 2024

Consumers in the US will be given the right to instruct their banks to transfer their financial data to other institutions, under new open banking rules devised by the Consumer Financial Protection Bureau.

Rules 134

Rules Consumer 134

Bank Automation

MARCH 12, 2025

While the agencys headquarters stands dormant amid a halt-work order, its rules ranging from major new edicts to dozens of small points of guidance which companies […] The post Banks want US consumer regulator back to undo rules they loathe appeared first on Bank Automation News.

Rules 52

Rules Regulations Consumer Automation 52

Finextra

NOVEMBER 12, 2024

UK financial regulators have confirmed new rules to bolster the resilience of technology and other third parties providing key services to financial firms.

Rules 124

Rules Regulations Technology 124

The Fintech Times

FEBRUARY 5, 2025

The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors. ” The post Transfeera Enhances Pix Payment Capabilities by Automating Compliance With New Sports Betting Rules appeared first on The Fintech Times.

Compliance 59

Compliance Automation Rules Central Bank 59

Payments Dive

APRIL 9, 2025

The measure revoking the bureau’s oversight of large technology payments players, such as Google and Block, passed on a straight party-line vote.

CFPB 173

CFPB Rules Blocks Payments 173

The Fintech Times

JANUARY 20, 2025

AFCs letter recommends that the FDIC withdraw the Proposed Rule and engage with industry leaders to promote best practices and leverage existing regulatory frameworks. “The Proposed Rule fails to reflect the hallmarks of sound policymaking.

FDIC 104

FDIC Regulations Innovation FinTech 104

Payments Dive

JANUARY 29, 2025

Tech advocacy groups argue the tech giants should not be subject to a Consumer Financial Protection Bureau rule because they aren’t payment companies, according to a lawsuit filed this month.

Rules 97

Rules Payments Consumer 97

Fintech Finance

OCTOBER 31, 2024

has created the rules and standards for CoP, supporting industry with its expansion. On 7 October, new mandatory reimbursement rules came into effect, making it quicker and simpler for victims of APP fraud to get back money they’ve lost to criminals, with a guaranteed minimum level of protection in place. CoP is a Pay.UK

Payee 98

Payee Fraud Prevention Rules Checks 98

Fintech Finance

JANUARY 9, 2025

The AI-first approach to fighting fraud Today, the fraud control process is highly complex, requiring businesses to implement extensive manual rules to combat ever-evolving fraud techniques. The solution automates and refines risk management without relying on manual rules.

AI 98

AI Transactions Payment Solutions Payments 98

Finovate

APRIL 3, 2025

Plaid’s delayed IPO likely reflects US open banking uncertainty, as the CFPB finalizes its data access rule. The funding will support employee restricted stock units tax obligations and provide internal liquidity. Waiting for regulatory clarity and consumer awareness could position Plaid for a stronger public debut down the road.

Consumer Financial Protection Bureau (CFPB) 141

Consumer Financial Protection Bureau (CFPB) CFPB Rules Consumer 141

Payments Dive

DECEMBER 3, 2024

With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.

CFPB 173

CFPB Rules Consumer 173

The Payments Association

JANUARY 13, 2025

While the interim rules codify existing expectations with some enhancements, the proposed end-state rules introduce substantial shifts that could reshape the operational landscape for firms operating in this sector. Safeguarding audits: Firms are required to arrange safeguarding audits to assess compliance with the rules.

Compliance 88

Compliance Audit Legal Reconciliation 88

The Payments Association

MARCH 11, 2025

Big changes are coming to the FCAs safeguarding rules for payments and e-money firms in 2025 and if you’re not prepared, you could be caught out. To help firms get ahead, Griffin, along with experts from Thistle Initiatives and CMS law, has put together a 30-minute webinar covering exactly what’s changing and how to prepare.

Rules 88

Rules Reconciliation Laws Compliance 88

The Fintech Times

JANUARY 11, 2025

Released in October 2024, the Personal Financial Data Rights rule requires financial institutions, credit card issuers, and other financial providers to unlock a consumer’s personal financial data and transfer it to another provider at their request for free.

CFPB 101

CFPB Consumer Financial Protection Bureau (CFPB) Card Issuer Rules 101

Bank Automation

NOVEMBER 25, 2024

Ten years in the making, the Consumer Financial Protection Bureau’s recently finalized open banking rule is making waves. The rule, Section 1033, was finalized Oct.

Rules 110

Rules Automation Consumer Security 110

The Payments Association

FEBRUARY 14, 2025

The FCA is introducing phased safeguarding rules, with interim measures strengthening existing regulations and final requirements aligning with the Client Assets (CASS) framework. The FCAs consultation closed in December 2024, with final rules expected in mid-2025. The regulatory landscape for stablecoins is set for significant change.

Stablecoins 88

Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

Payments Dive

FEBRUARY 4, 2025

Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.

CFPB 109

CFPB Rules Payments Accounts 109

Payments Dive

OCTOBER 29, 2024

The Consumer Financial Protection Bureau released its final open banking rule this month, leading the payments and financial services industries to begin preparing for a new era in data-sharing.

Rules 190

Rules Payments Consumer 190

NFCW

MARCH 27, 2025

A new European Commission ruling will require Apple to open up a range of iOS connectivity features to third-party devices so that, for example, an iPhone owner will be able to use their choice of NFC-enabled wearable to make a payment using a card they have stored on their smartphone.

Interoperability 101

Interoperability Rules End User Privacy 101

Fintech Finance

OCTOBER 31, 2024

It’s about more than following the rules. Fraud Management Services: Around-the-clock card payment fraud transaction monitoring and expert advice on fraud strategy and rule definition based on your programme KPI’s. This suite addresses specific factors that challenge today’s fintechs, programme managers and bank sponsors.”

Compliance 95

Compliance Risk Push-to-Card Scams 95

Finextra

MARCH 23, 2025

A US appeals court has overruled the sentence given to the hacker behind the huge 2019 Capital One data breach, saying it was too lenient.

Data Breach 120

Data Breach Rules Breach 120

The Payments Association

JANUARY 22, 2025

CP24/20 outlined the proposed interim and end-state rules in September 2024, and interested parties will have provided their feedback accordingly. These rules have been created to accommodate the services and products offered within the sector, but how will these changes fit into the payments ecosystem?

Assessments 88

Assessments Reconciliation Audit Rules 88

Fintech Review

JANUARY 30, 2025

That is why the task of DORA is to unify and constantly update a single system of financial monitoring rules on the EU market, which will reduce risks, and therefore preserve profits, continues Artem Lyashanov. This rule is relevant for almost all markets in the world, only in different manifestations.

Regulations 98

Regulations Risk Management Participant Cybersecurity 98

Stax

JULY 30, 2024

However, before you start surcharging customers, you need to be aware of all the rules surrounding it. Apart from card networks setting their own rules and guidelines, states also have certain rules that merchants must abide by. The surcharge rate can never exceed 4% of the total credit card transaction (3% for Visa cards).

Credit Cards 166

Credit Cards Laws Rules Debit Card 166

VISTA InfoSec

JULY 17, 2024

Overcoming language barriers and security vulnerabilities Talking to people in a language they understand makes it easier for them to follow security rules. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must. People retain stories better than just facts or rules.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

The Payments Association

FEBRUARY 3, 2025

Drag and drop rule builder: Easily create and customise payment rules with Mozarto’s intuitive interface. Waterfall: Mozarto’s advanced waterfall feature allows for fallback from soft declines, rerouting the transaction to another provider to achieve payment acceptance.

Innovation 88

Innovation Cross-Border Payments Rules 88

Fintech News

MARCH 4, 2025

The expansion comes as regulators tighten rules on fraud prevention and reimbursements. GAV is designed to combat Authorised Push Payment (APP) fraud, where fraudsters impersonate banks or trusted entities to deceive victims into transferring money.

Verification 105

Verification Risk Accounts Cross-Border Payments 105

Payments Dive

JUNE 24, 2024

The persistence of the networks’ ‘honor all cards’ rule may be a key reason Judge Margo Brodie is unlikely to approve a negotiated resolution of the two-decade-old case brought by merchants.

Settlement 167

Settlement Visa Rules 167

Finovate

APRIL 8, 2025

Hawk’s technology empowers banks to move beyond traditional, rules-based anti-money laundering and fraud fighting methods that often produce a sizable number of false positives that require human review and intervention. This drives up the cost of fighting financial crime.

Financial Crimes 72

Financial Crimes Crime Money Laundering Fraud Detection 72

Payments Dive

JANUARY 8, 2024

The card network company is boosting efforts to enforce surcharge rules, with non-compliance potentially resulting in fines up to $1 million, according to one card processor.

Processors 179

Processors Rules Compliance 179

Bank Automation

DECEMBER 17, 2024

Klarna, the Swedish fintech that provides buy now, pay later services, was fined 500 million Swedish Kronor ($46 million) by Swedens Financial Supervisory Authority for violating anti-money laundering rules. The regulator in a Dec.

Regulations 98

Regulations Money Laundering Crime Assessments 98

Fintech Finance

OCTOBER 30, 2024

The FTC’s new “click-to-cancel” rule, designed to simplify the process of ending subscriptions, has created a stir, putting additional pressure on subscription businesses to reassess their strategies.

Research 98

Research FTC Payment Issues Payments 98

Fintech News

FEBRUARY 2, 2025

Time-to-market accelerated with flexible product configuration To be the fast innovators, OpenWay clients rely on our highly configurable, rule-driven Way4 platform. For multi-currency cards, Way4 routes the transaction to a specific currency account according to the rules pre-configured by the issuer.

Card Issuer 102

Card Issuer Issuers Multi-Currency Online and Mobile Banking 102

Payments Dive

MARCH 5, 2025

The banking industry wants a federal appeals court review in New York’s case against Citibank, arguing that a judge has injected uncertainty into the wire transfer market.

Wire Transfer 97

Wire Transfer Wire Wires Rules 97

Payments Dive

JULY 6, 2023

The Federal Trade Commission revved up its case against Walmart last week, alleging the retailer facilitated fraudulent transactions, despite a court ruling setback in March.

Federal Trade Commission 167

Federal Trade Commission FTC Facilitators Rules 167

Payments Dive

DECEMBER 17, 2024

As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.

Adjustments 148

Adjustments Rules 148