New China Guidelines Increase Foreign Business Opportunities

PYMNTS

The 30-page draft guidelines published by the National Development and Reform Commission (NDRC) aim to reverse a slowdown of economic growth partially caused by the U.S.

Lawmakers Call For Stricter Guidelines On NSA Data Collection

PYMNTS

Regulation amendment data data collection Government guidelines lawmakers News NSA regulation Surveillance warrant What's HotTwo lawmakers want to pass an amendment that aims to stop a massive data collection program run by the National Security Agency (NSA).

Draft Guidelines Clarify GDPR Scope

PYMNTS

As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the European Data Protection Board has published draft guidelines that touch on the data protection regulation’s territorial scope.

UK Retail Banks Draft FinTech Alliance Guidelines

PYMNTS

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). Top U.K.

The EU has released Guidelines for AI Ethics

Perficient Financial Servies

The European Union (EU) has officially declared AI as an important constituent of their economic growth and have put forth rules and guidelines to “trust” the AI system. It’s here.

RBI Releases Guidelines For Electronic Card Payments

PYMNTS

The Reserve Bank of India has released guidelines for what it calls the “tokenization” of debit and credit card transactions, according to reports.

Auto, Tech Industries Have Competing Patent Guidelines For Autonomous Tech

PYMNTS

Guidelines for patents on self-driving car technology and internet-enabled vehicles have put tech firms and automakers at odds, according to a report by Reuters. The guidelines by the two industries differ in the way licensing fees get calculated, and the rules for using patented tech.

Fintech Business Model Spotlight: Guideline

CB Insights

The post Fintech Business Model Spotlight: Guideline appeared first on CB Insights Research. GET THE 106-PAGE FINTECH TRENDS REPORT. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. Email. Want the full post? Become a CB Insights customer. If you’re already a customer, login here. Core Intelligence

European AI guidelines give hesitant developers green light

Bobs Guide

European Commission guidelines on the implementation of artificial intelligence (AI) and machine learning (ML) has given developers a green light and quashed industry hesitancy to experiment with new AI solutions, though care must be taken to limit the data needed to train them, say vendors

Open Banking publishes Operational Guidelines and Checklist

The Paypers

(The Paypers) The Open Banking Implementation Entity ( OBIE ) has announced the publication of its Operational Guidelines and accompanying Checklist

China Releases New Guidelines To Boost Small Business Lending

PYMNTS

The China Banking and Insurance Regulatory Commission (CBIRC) has released new guidelines aimed at getting banks to increase lending to small businesses. According to a report in Financial Times , the new directives were announced Wednesday (March 13) as China looks to overcome financing roadblocks in an effort to get the economy growing again. Economists have pointed to a lack of financing for small and privately owned businesses as the reason for the slowdown in growth.

Food regulator FSSAI issues guidelines for ecommerce food companies in India

The Paypers

(The Paypers) The national food regulator Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines to step up scrutiny of ecommerce food companies

EBA released final Guidelines on fraud reporting

The Paypers

(The Paypers) The European Banking Authority (EBA) has published its final Guidelines on fraud reporting under the revised Payment Services Directive (PSD2

Revised HMDA Examination Guidelines Issued

CFPB Monitor

The CFPB recently posted on its website revised Home Mortgage Disclosure Act (HMDA) examination guidelines. The revised guidelines address the exemption adopted in the Economic Growth, Regulatory Relief, and Consumer Protection Act (also known as S.2155) applicable to the new HMDA data categories added by Dodd-Frank and the HMDA rule adopted by the CFPB in October 2015.

EU Sets Guidelines To Support Sharing Economy

PYMNTS

And recently, the European Union set out guidelines about its thoughts on how the sharing economy — AKA companies like Uber, Lyft and Airbnb — should be regulated. This new set of guidelines is only advisory and has no true regulatory powers. What the commission will do is use this series of guidelines to help government legislation form a better framework so that national laws don’t violate any of the EU laws.

New PPI Draft Guidelines – Shift in Approach?

Let's Talk Payments

For many decades, despite the government’s best efforts, a vast segment of the Indian market was underserved in terms of financial services, including basic banking services. In this context, and. Fintech Mobile Wallet Payments Asia Europe insights US

China Issues First Guidelines For Ridesharing Industry

PYMNTS

A Cabinet document laid out the guidelines for registrations, fares, employment of drivers and how much they should get paid. Uber, which has operations in greater than 60 cities in China, was happy about the news, saying in a statement that it looks forward to working with both the national and local government in the region to put the new guidelines into practice, while Didi called the rules a milestone in China’s march to develop the ridesharing industry.

RBI Announces Guidelines for P2P NBFCs

Let's Talk Payments

In the ever so evolutionary space of FinTech, the journey of a market starts with payments and slowly moves on to lending and so on. They come in various shapes. Banking Fintech Insights Lending Loans P2P Asia Europe India insights US

HKMA issues guidelines on smart banking

The Paypers

(The Paypers) Hong Kong Monetary Authority has issued a set of guidelines on open API framework for banking sector to help lenders develop services for customers

CFSI Proposes Data Sharing Guidelines

American Banker

The Center For Financial Services Innovation has released a framework it says is designed to spur safe data sharing between banks, fintechs and third-party data aggregators. breaking_news consumer-finance data mobile pfm apis sailthru-no-lead bank-technology

CFPB Issues Bank Account Deposit Discrepancy Guidelines

PYMNTS

The agencies said that the interagency guidelines state that the banks should “avoid or reconcile” what is credited to a customer account and how much was deposited. On Wednesday (May 18), the Consumer Financial Protection Bureau said that it, along with four other federal regulatory agencies, issued guidance covering the oversight of consumer deposit discrepancies.

How device intelligence tech can help FIs comply with key FFIEC mobile security guidelines

Mobile Payments Today

In April, the Federal Financial Institutions Examination Council released updated security guidelines for mobile banking and payments. Michael Lynch, the chief strategy officer for InAuth, highlights some important parts of the new document that banks need to keep in mind going forward

SIMalliance offers guidelines for MNOs on authentication

The Paypers

(The Paypers) SIMalliance has published a set of guidelines to enable mobile network operators (MNOs) deploy Mobile Connect services which use an authentication application provisioned on the user`s SIM card

EBA unveils final guidelines on security measures for PSPs

The Paypers

(The Paypers) The European Banking Authority (EBA) has published its final Guidelines on security measures for operational and security risks of payments services under PSD2

Why India Needs to Strongly Consider Open Banking Guidelines

Let's Talk Payments

To promote the sustainable, broad-based and versatile growth of FinTech. To innovate on the distribution of banking products and services in ways that can directly impact the consumer. There are. Banking India Insights Asia FreeCharge insights Paytm

US Payments Forum releases guidelines for contactless ATM transactions

The Paypers

(The Paypers) The US Payments Forum has released a new white paper for ATM owners and operators that provides guidance on accepting contactless chip transactions at the ATM

PCI Council updates guidelines for securing ecommerce transactions

The Paypers

(The Paypers) Industry body the Payment Card Industry Security Standards Council ( PCI SSC ) has updated its best practice guidelines for securing ecommerce transactions

Weighing CFPB’s HMDA resubmission guidelines

ABA Community Banking

Proposal to consider changes to guidelines adds complication Compliance Blogs Common Sense Compliance Fair Lending Mortgage/CRE Residential. 1Common Sense Compliance

Indonesia completes setting guidelines for ecommerce businesses

The Paypers

(The Paypers) The Investment Coordinating Board (BKPM ) of Indonesia has almost completed the process of setting the guidelines for ecommerce companies

Easy-to-remember guidelines help people reduce credit card debt

CFPB

If you’re trying to cut down your credit card debt, research shows it can help to keep a short guideline in mind. Info for consumers Financial education Credit Financial empowerment Credit cards

Developing refinance guidelines that work

CU Insight

Reevaluating lending guidelines, relaxing lower credit minimums, and allowing for higher loan-to-value (LTV) gives financial institutions more opportunities to bring on new borrowers. The post Developing refinance guidelines that work appeared first on CUInsight.

Reserve Bank of India rules online marketplaces must comply with 2009 guidelines

The Paypers

(The Paypers) Reserve Bank of India has ruled that online marketplaces must adhere to its 2009 guidelines on settlement of payments for electronic payment transactions involving intermediaries

European Commission to set ethical guidelines for AI

The Paypers

(The Paypers) The European Commission has presented a series of measures to put artificial intelligence (AI) at the service of Europeans and boost Europe’s competitiveness in this field

PSD2: Ready Or Not? Not, Says Whitepages Pro

PYMNTS

McLain told PYMNTS that the guidelines the card schemes or PSPs offer to merchants can assist with the technical heavy lifting that can help balance security and commerce. The guidelines could help a merchant capitalize on the maximum number of exemptions that are available as part of PSD2.

Digital Identity, (Way) Beyond The Social Security Number

PYMNTS

To that end, the National Institute of Standards and Technology (NIST) has just updated its guidelines — spanning four volumes — on digital identity services. The drafts were finalized after 74,000 unique visitors took a look and weighed in on suggestions overhauling previous guidelines (this is the third iteration and the first in four years). . We learned a lot … it was obvious that [previous] guidelines” which have worked well over the past 10 years, needed changes.

It’s time to reconsider appraisal guidelines and regulations

CU Insight

With an eye on the horizon, it’s prudent for regulatory agencies to rethink the guidelines and laws that limit the ability for technology to thrive and revamp the appraisal industry. The post It’s time to reconsider appraisal guidelines and regulations appeared first on CUInsight.

CFPB’s data-sharing guidelines are a boon for innovation

BankThink

While the Consumer Financial Protection Bureau was careful to note that the principles were not binding, the industry should still adopt the guidelines going forward. Data ownership Customer data Data transparency Digital banking

Guidelines for Cyber Information Sharing Released

New York's State of Mind

Is the best way to protect American citizens from cyberattacks to maximize the amount of information that companies can freely share with the federal government or should we instead place restrictions on anyone’s ability to access computer information? This question is at the forefront of the news this morning and its answer has very practical […]. Compliance General Regulatory technology Apple CISA cybersecurity

Establishing Cloud Reference Architecture and Best Practices

Perficient Financial Servies

Companies that do not have any guidelines on the use of cloud computing face the risk of cloud sprawl, where the proliferation of cloud instances, services and service providers grow out of control. 12 Factor App guidelines – customized to the PaaS environment.

EBA launches public consultation on draft Guidelines to help PSPs comply to PSD2

The Paypers

(The Paypers) The European Banking Authority (EBA) has launched a public consultation on its draft Guidelines to ensure and monitor compliance by payment service providers (PSPs) of the PSD2

Swift group to set guidelines for ISO 20022 migrations

Payments Source

Payments messaging standards provider Swift has established a new group to help it promote and assure smooth migration of the cross-border ISO 20022 standard. Network rules Cross border payments

FCA supports guidelines on the Open Banking Fall-Back Provisions Exemption

The Paypers

(The Paypers) The Financial Conduct Authority has outlined its approach to implementing key standards under the revised Payment Services Directive

Join Sageworks and Linda Keith Wednesday February 24th for “The Cs of Credit Guidelines for Tax Return Analysis” Webinar

Abrigio

This time, Linda will be discussing "The C's of Credit Guidelines for Tax Return Analysis." When Linda Keith asks a guidelines question in Tax Return Analysis training, she generally hears different answers throughout the room, even among attendees from the same bank. To the extent your lending professionals do not agree on the guidelines, they cannot treat loan requests in a consistent manner. Should your guidelines be flexible or are they hard and fast rules?