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 31, 2019

China’s banking regulation is in-flux. This week, JPMorgan Chase announced plans to take advantage of China’s new position on foreign competition, vowing to go “full force” in the nation. Reports in CNN Business said that premium reflects the challenges that foreign market entrants face despite China’s efforts to open the sector.

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PYMNTS

MAY 2, 2016

Treasury has added five nations to its list of trading partners with foreign exchange policies that need to be monitored, according to reports on Saturday (April 30). New customs regulations mean these countries fit the criteria to be monitored over the next six months, reports added.

United States 100

United States US Policies Guidelines 100

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis.

Guidelines 223

Guidelines Payments Lending Capital 223

PYMNTS

APRIL 20, 2016

As the nation waits and drama builds over expected new guidelines from the Consumer Financial Protection Bureau on short-term lending, the government watchdog has issued a new report that indicates that the high cost of payday loans is even higher than most people think.

Study 100

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PYMNTS

NOVEMBER 5, 2018

The latest changes proposed by the Fed come on the heels of the May 2018 passage of the Economic Growth, Regulatory Relief and Consumer Protection Act, which in turn scaled back a number of financial regulations introduced a decade ago in the aftermath of the 2008 Financial Crisis. PSD2 News, Too.

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PYMNTS

DECEMBER 19, 2018

As has been reported, the Korean Bar Association has urged the government to put blockchain regulations in place. Coindesk reported that a doubling of blockchain pilots may be seen in the public sector through the next year, and there may be three private national blockchain projects in the offing.

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PYMNTS

AUGUST 29, 2018

When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM Zac Cohen told Karen Webster, to take a step back and look at the general purpose of the European Union.

Regulation 164

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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. A “blueprint” that includes best practices and guidelines for setting up innovation hubs will be released by the final quarter of 2018 for regulatory “sandboxes.” exits the bloc in 2019.

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PYMNTS

MARCH 25, 2019

While plenty of countries are seeing this as an opportunity to grow, some markets are still holding out. DNB is responsible for approving PSD2 payment licenses in the Dutch market, so third parties will have to follow their guidelines if they want to continue operating in the region.

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Regional Regulation Data Payments 108

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The sandbox, Reuters reported, has four phases.

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PYMNTS

OCTOBER 14, 2019

Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime, and fraudsters undoubtedly hope to raise those amounts. security standards from those in markets like Europe. financial regulations work. Bad actors also tend to use the U.S.

Strategy 109

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PYMNTS

FEBRUARY 24, 2017

The bitcoin market cap was over $18.5 Louis, Missouri, the company’s first foray into the Midwestern market. In addition to expanding into new markets, Coinsource has made it a goal to augment the functionality of its current and new machines in 2017. On Thursday (Feb. percent over Wednesday’s close. Founded in Feb.

Bitcoin 194

Bitcoin St. Louis Las Vegas cryptocurrency 194

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Both institutions were over the CRE concentration guidelines, so putting them together would exasperate this risk, so the regulatory thinking must have been. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it.

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PYMNTS

MAY 31, 2018

It’s still early — hardly minute one — in the unfolding history of the General Data Protection Regulation , but a winner is emerging that is both familiar and big: Google. It kicked in last Friday, May 25, and promises to guide, influence and rule digital data practices, not only in the EU’s 28 member nations, but also the rest of world.

Google 116

Google Regulation Online Data 116

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., They are solving the FinTech acceptance problem in an entirely new way through 10 pivotal markets in the Asia-Pacific region. Amazon Taps Into Bill Payments With Alexa.

Payments 101

Payments Guidelines Fintech Regional 101

PYMNTS

DECEMBER 7, 2020

European Union (EU) guidelines released on Monday (Dec. These guidelines set the standard for algorithmic ranking transparency and will increase fairness in the online platform economy, which drives innovation and welfare for millions of Europeans,” Margrethe Vestager , digital chief, EU, said in a European Commission statement. .

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Guidelines Google Regulation Online 217

PYMNTS

JULY 4, 2018

The news comes as the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region as the EU prepares for the U.K.’s A “blueprint” that includes best practices and guidelines for setting up innovation hubs will be released by the final quarter of 2018 for regulatory “sandboxes.”

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Fintech Guidelines blockchain cryptocurrency 105

PYMNTS

APRIL 30, 2018

During the exchange, lawmakers raised the specter of regulating Facebook — which boasts more than 2.2 similar regulations are already being put to the test in other regions around the world. Each EU member nation has a DPA in place to both monitor compliance and respond to potential violation complaints.

Data 119

Data Compliance social media Regulation 119

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Fauss notes that is not a regulatory hurdle regular DDA accounts must clear.

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Cards Millennials Regulation Cyber Security 100

PYMNTS

DECEMBER 18, 2018

These schools are publicly funded but operate independently from traditional public schools, adhering to specific school and local or district authority guidelines. According to the National Alliance for Public Charter Schools’ latest figures , approximately 7,000 charter schools are currently educating more than 3.2

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PYMNTS

NOVEMBER 28, 2016

banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail. Plus, the latest developments on Wells Fargo and what its scandal means for its market peers. We dive into the latest banking news from around the world. $30

America 100

America Guidelines Report System 100

PYMNTS

JULY 16, 2018

Officials with the European Union , using a process that limits the ability of national governments to alter proposed legislation , plans to propose legislation about the underpinning technology for connected cars in Europe. Spain is arguing in favor of having soft guidelines around the connection vehicle technology instead of binding rules.

United States 130

United States Technology Guidelines Data 130

CFPB Monitor

MAY 10, 2019

Bureau Research, Markets and Regulations Associate Director David Silberman moderated the discussion that followed and External Affairs Policy Associate Director Andrew Duke provided introductory remarks.

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Money and Payments

AUGUST 14, 2023

Simply put, the European legislator decided upon promulgating a regulation that obliges future virtual asset providers to broadcast personal data for all transactions along in the international value chain for reasons of preventing money laundering and terrorist finance. Where can I find the disputed requirement(s) in the EU regulation?

Regulation 36

Regulation Data Maine Operations 36

Money and Payments

AUGUST 8, 2023

Simply put, the European legislator decided upon promulgating a regulation that obliges future virtual asset providers to broadcast personal data for all transactions along in the international value chain for reasons of preventing money laundering and terrorist finance. Where can I find this requirement in the EU regulation?

Regulation 36

Regulation Data Maine Operations 36

CFPB Monitor

APRIL 29, 2015

” Key sections of the report include the following: The section on supervisory activities indicates that in August 2014, the CFPB created a National Fair Lending Examination Team made up of examiners from across the CFPB.

Lending 60

Lending Report Policies Compliance 60

NCR

NOVEMBER 21, 2016

In October 2015, the European Parliament passed the revised Payment Services Directive (PSD2), with EU member states given two years to make the required changes in national legislation to comply with the new rules. The legislation introduces and regulates two categories of third-party service providers. The nuts and bolts of PSD2.

Fraud 40

Fraud Compliance Payments Exercises 40

Tomorrow's Transactions

DECEMBER 5, 2016

A few years ago, I wrote that when it came to the regulation of payments, America could do worse than adopt something along European lines. From In payments, the US is an emerging market | Consult Hyperion. From Regulator will start issuing bank charters for fintech firms. This announcement is, I think, really important.

Fintech 30

Fintech Regulation Lending System 30

Javelin Strategy & Research

MARCH 13, 2015

That changed last fall with the announcement of Apple Pay, which secured fingerprint authentication a prominent place in financial markets. More recently, USAA rolled out national use of facial and voice biometrics for their mobile app with truly impressive participation.

Apple 40

Apple Mobile Security Guidelines 40

Abrigo

JUNE 12, 2023

A regulatory baseline Benefits to adopting the model money transmitter act framework Money transmitters are regulated at the state level, and the absence of a standardized licensing and regulatory framework across states can lead to consistency and challenges for money transmitters. alone, handling $6 trillion in payments.

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Compliance Fraud Regulation Guidelines 195

NCR

MARCH 8, 2016

This is a company that’s become synonymous with innovation, commands unprecedented customer loyalty, generates massive coverage, enjoys huge brand recognition and continues to benefit from gigantic revenue, profits and market capitalization. Reading it now, the danger signs are evident just from the wording.

Apple 40

Apple Software Guidelines Google 40

PYMNTS

DECEMBER 8, 2020

Cybercriminals are constantly one step ahead of government regulators, developing new and inventive schemes faster than the authorities can quash them. The latest arena for money laundering is through cryptocurrency , a burgeoning market expected to be valued at $1.4 percent of the global gross domestic product (GDP). billion by 2024.

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cryptocurrency Mobile Compliance Analysis 261

PYMNTS

APRIL 19, 2016

Payments technology developers and regulators are beginning to voice their support for ISO 20022, the payments messaging standard that proponents say can streamline global payments with an easier way to link data to a transaction. Reports said 350 participants have been onboarded to the new SIC, which was developed by market operator SIX.

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Guidelines National Operations Payments 100

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

PYMNTS

SEPTEMBER 17, 2019

It’s well-known that cryptocurrencies — which of course come in a myriad of flavors, to entice any number of investors (OK, yes, speculators too) to put up their hard-earned fiat — are moving from the Wild West to the ever-watchful eyes of regulators. billion of that market cap. From Ripple Effects to Tsunami?

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PYMNTS

DECEMBER 20, 2017

Cash, especially that much of it, is an insecure, cumbersome, friction-filled currency – not to mention physically unclean, hard to keep track of, easy to miscount (and steal) and all around a hassle for businesses in regulated states that want to sell pot to patients and customers. The Power Of Transparency. How It Works.

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