PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. The proposed law would bypass the mixture of regulatory approaches FinTech firms currently have to deal with, as well as review how firms handle cybersecurity and cyber threats.

Fintech 136

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PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year.

America 165

America Regulation Regional Tools 165

PYMNTS

JULY 4, 2018

FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on Tuesday (July 3). And, while London has served as Europe’s primary FinTech center, Brexit could change that: The U.K.’s s exit from the bloc next year.

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PYMNTS

JANUARY 31, 2020

Financial institutions (FIs) and merchants in the European Union (EU) have had some time to get used to both the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2). Australian regulators are still deciding how Open Banking will affect FIs within their country.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

APRIL 16, 2020

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K.,

Data 167

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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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PYMNTS

MARCH 25, 2019

The Netherlands, for instance, only recently implemented it because it needed to make sure that consumers’ personal data will remain protected, as payments in the region are mostly digital. The country was unenthused, she said, adding that the new PSD2 law is viewed as “a way of regulating activity that is in the market already.”.

Regional 108

Regional Regulation Data Payments 108

PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. News From The AML/KYC Ecosystem .

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PYMNTS

AUGUST 19, 2016

Its ranking as the world’s second largest economy has made it a hotspot for many global banking and financial firms looking to set up regional headquarters. The Future Of FinTech? The move is a significant one for a country that has long been considered a “laggard” in embracing the FinTech revolution. Making Startups Thrive.

Fintech 100

Fintech Mobile Guidelines System 100

PYMNTS

OCTOBER 28, 2019

Backed by investors including Rocket Internet, Vertex Ventures, MDI Ventures and Fullerton Financial Holdings, InstaReM is currently regulated in the U.S., Visa, Marqeta Team To Boost FinTech Expansion Across Asia Pacific. InstaReM, a digital cross-border payments provider, is rebranding to become part of global payments platform Nium.

Payments 101

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PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. Regulators may have shifted their focuses away from these initiatives and toward making sure their customers have the financial access they need to survive the pandemic, but the long-term goals of. and the U.S. Similar to the U.K. Similar to the U.K.

Innovation 245

Innovation Regulation Digital Banking Security 245

PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing.

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Metro Regional Fintech National 136

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines. .

Risk Management 69

Risk Management Data Examples United States 69

FICO

DECEMBER 9, 2019

In highly regulated countries, like the UK, these changes should be a positive experience for people in debt. Where financial services is not so regulated, these changes will be a challenge. The UK is one of the highest leveraged regions in Europe, which leads people more vulnerable to an economic downturn. They keep borrowing.

Analytics 52

Analytics Regional Strategy Regulation 52

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines. 

Risk Management 52

Risk Management Data Examples United States 52

PYMNTS

JUNE 18, 2019

They are being asked to contribute their collective experiences in operating global, regulated payments and financial services networks to shape Libra’s charter and frame its governance structure. Facebook says that it is currently in discussions with regulators, who they claim, are eager to engage in conversations with them about it.

Payments 246

Payments Regulation blockchain cryptocurrency 246

PYMNTS

NOVEMBER 20, 2020

Separately, Senator Elizabeth Warren last month wrote a letter to the Department of Justice urging an examination and strengthening of bank merger review guidelines. And digital remains a siren call for banks of all sizes, and for regional players. If it were to go through, the deal would be the largest one in more than a decade.

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