PYMNTS

OCTOBER 8, 2018

According to The Wall Street Journal , the federal derivatives-market regulator also handed out around $900 million in penalties, higher than the amount in five of the eight years of the Obama administration. percent in 2017 to about $3.8 Total fines ordered through SEC enforcement activity fell 7.2

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PYMNTS

JULY 31, 2020

Regulators in China are preparing to move against once-hot Luckin Coffee Inc. The revelations came shortly after Luckin was listed on the NASDAQ stock market. Securities and Exchange Commission (SEC) is investigating Luckin, which is domiciled in the Cayman Islands. The Journal also noted that the U.S.

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Accenture

FEBRUARY 28, 2017

Despite this, I can see clear trends through our work with clients and observation of industry developments, and based on these, I have developed a set of predictions for 2017. Card-not-present (CNP) fraud will continue to outpace e-commerce growth globally, even as e-commerce continues to grow strongly in all markets.

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Accenture

FEBRUARY 28, 2017

Despite this, I can see clear trends through our work with clients and observation of industry developments, and based on these, I have developed a set of predictions for 2017. Card-not-present (CNP) fraud will continue to outpace e-commerce growth globally, even as e-commerce continues to grow strongly in all markets.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

AUGUST 1, 2019

Investigators from the Federal Reserve carried out an inspection of Amazon ’s cloud in April as Washington looks into ways to regulate companies that provide the service. People familiar with the matter said the regulators were most interested in looking at Amazon’s resiliency and backup systems.

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Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Market infrastructure renewal.

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PYMNTS

JUNE 7, 2018

As financial institutions grapple with compliance costs, a finance industry organization in Asia wants regulators to allow new technologies that could help them fight money laundering. It was the second major case new CEO Matt Comyn settled with regulators in a month, following an admission of rate manipulation.

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PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk.

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PYMNTS

JULY 2, 2018

Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 This year’s surge comes as ICOs have faced stricter scrutiny from regulators like the U.S. This year’s surge comes as ICOs have faced stricter scrutiny from regulators like the U.S.

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PYMNTS

SEPTEMBER 17, 2020

The site reported that 1,932 BTMs were in the world in December 2017, while there were 4,009 by the close of 2018. But they have grown in popularity in markets that are not stable. There, people need to change a nation's money for cryptocurrency that isn’t regulated by a government or connected with it.

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PYMNTS

MAY 29, 2019

Reports in Reuters on Tuesday (May 28) said UBS expects its regulatory costs to remain high in the years ahead after a decade of more stringent regulations leading to heavier, more costly burdens on banks. “That has tied up enormous resources.” “Why is this so significant?

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PYMNTS

APRIL 2, 2019

Securities and Exchange Commission ( SEC ) is joining the ranks of large organizations hiring for the blockchain, The Next Web reported. The listing notes that the specialist should apply his or her knowledge of “federal securities laws to digital asset securities and crypto matters.” 24 as it climbed to as high as $4,135.60

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PYMNTS

JANUARY 29, 2018

Following the theft of $530 million in NEM tokens from Coincheck last week, governments will likely call for more cryptocurrency regulation and investors may turn to peer-to-peer (P2P) methods of trading instead of centralized exchanges, Bloomberg reported.

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Insights on Business

MAY 19, 2017

In the area of regulatory compliance, however, simply keeping up with the volume and variety of new and changing regulations is high on the priority list of virtually all organizations. The OPS 2017 event was presented by the Securities Industry and Financial Markets Association (SIFMA) and this year IBM was a Platinum sponsor.

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PYMNTS

JULY 27, 2018

watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through the new landscape, according to a report by Reuters. has also sought clarity on regulations as a means to better compete against established banks.

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PYMNTS

DECEMBER 29, 2016

So, what can corporates expect from their banks in 2017? It’s difficult to determine the health of the corporate banking space across the world, however, with researchers finding varying degrees of success and failures depending on geographical market. FinTech Continues Its Disruption.

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PYMNTS

DECEMBER 30, 2020

Securities and Exchange Commission filed a lawsuit against Ripple for trading the cryptocurrency without registering it as a security. The supply side to the bitcoin market will remain tight,” Jacob Skaaning of crypto hedge fund ARK36 told Reuters. Binance said in a blog post that it will suspend XRP trading on Jan.

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PYMNTS

AUGUST 19, 2019

There are billions of devices in the world helping to monitor and regulate everything from room temperatures to restocking the fridge. 33 percent: Projected CAGR of the global IoT insurance market, as measured between 2019 and 2025. percent: Projected CAGR of the IoT analytics market from 2017 to 2025.

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NCR

APRIL 13, 2017

The coming months are set to be a busy time for the payments industry, as 2017 is expected to be a game-changing year as a range of new providers and technologies come to the fore. million) and £4 million upfront for access to the market. Open banking increases access. million ($3.12 million to £2.5

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PYMNTS

DECEMBER 19, 2018

The bond market, on the other hand, isn’t the most likely of places for an entrepreneur to seek financing. Typically seen as a low-risk, low-rewards instrument reserved for middle-market and large enterprises, corporate bonds offer the opportunity for businesses to remain private while raising money and diversifying debt.

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PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

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Chris Skinner

MARCH 15, 2017

For example, it shows that the UK retail banking market place has become a dull playground thanks to mergers and acquisitions over the past half century: As a result, the six large banking groups held an 89% market share of the current account market. Anyways, there is some key metric data in the report.

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PYMNTS

JANUARY 15, 2019

Malaysia’s initial coin offering (ICO) regulations are said to take effect on Tuesday (January 15) per a notice from the Securities Commission (SC) in the country, Coindesk reported. million between 2015 and 2017 through the Finnish bitcoin exchange. dollars, The Telegraph reported.

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PYMNTS

FEBRUARY 9, 2017

With more than $15 trillion in the stock market, improving the liquidity of investments is seen by many financial professionals as an essential step toward greater efficiency and reduced risk. If we were to create a new SEC for securities settlement transactions, we resolve one of the two problems from the 90s. A Window Of Opportunity.

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PYMNTS

DECEMBER 3, 2020

Australia’s largest cryptocurrency exchange, BTC Markets , revealed in a series of tweets that it had mistakenly revealed its client names and email addresses in an announcement from the company. In addition, there will be an internal review and additional rigor placed around data security and training.”.

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Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

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PYMNTS

JANUARY 11, 2021

Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). The FinTech also has a credit offer in two European markets with expectations of launching additional markets across Europe this year. The London-based FinTech was founded in 2015 and has secured more than $580 million in funding on a $5.5

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PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising.

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PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. The updated regulations are slated to take effect Oct. Around the Digital Banking world.

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PYMNTS

MAY 30, 2018

Small businesses (SMBs) seeking loans decreased at the end of 2017, and companies felt the sting of financial challenges more acutely. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017.

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PYMNTS

JULY 21, 2019

The 2017 Equifax data hack affecting more than 143 million people worldwide will cost the company about $700 million. . and state regulators, although the dollar amount could change depending on how many people file claims, the WSJ article said. The payment is part of a settlement with U.S.

Data 156

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NCR

DECEMBER 27, 2017

As December draws to a close, it’s time to look back on the biggest headlines and defining themes of 2017 for the financial services industry. The humble ATM celebrated its 50 th birthday in June 2017. For many financial institutions (FIs), preparing for the EU’s PSD2 regulation has been priority number one in 2017.

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PYMNTS

JUNE 24, 2020

Within days, Braun, 50, was arrested on charges of accounting fraud and market manipulation. Following Braun’s arrest, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has pointed to monitoring gaps by the nation’s financial watchdog. billion euros ($2.1

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PYMNTS

MARCH 18, 2019

As such, the regulators and FIs seeking to crack down on these activities have their work cut out for them. . Rethinking Security Strategies . Worldwide, banks paid out approximately $321 billion between 2009 and 2016, for example, because they failed to comply with money laundering, terrorist financing and other regulations. .

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PYMNTS

DECEMBER 3, 2018

Following a 37 percent drop in November, which took about $70 billion off bitcoin’s market value, the cryptocurrency found a new bottom at $3,790.96. A year ago, bitcoin was on the rise to its peak at $20,000, and in December of 2017 it was up 40 percent, when a large number of retail investors were buying.

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PYMNTS

MAY 20, 2020

The Eurosystem [aims to create] an integrated payments area in Europe where solutions are based on a common scheme, and Pan-European market infrastructures, such as TIPS, [bring] benefits to citizens and businesses alike,” the ECB told PYMNTS in a recent interview. Official guidelines and regulations can only go so far, however.

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PYMNTS

MAY 25, 2018

“Netflix and chill” has moved beyond a marketing catchphrase into an actual lifestyle — albeit one that is getting less chill with the addition of workout routines. percent: Global growth of streaming services in 2017. 12: The number of markets iZettle serves today. percent: Global growth of streaming services in 2017.

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