PYMNTS

JULY 29, 2016

A Cabinet document laid out the guidelines for registrations, fares, employment of drivers and how much they should get paid. Didi has operations in around 400 of China’s cities and completed 1.4 The new rules issued by the Chinese government are welcome news to the ridesharing startups. billion rides last year. The company raised $7.3

Guidelines 100

Guidelines Industry Regional Operations 100

PYMNTS

MAY 24, 2019

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. The China Construction Bank (CCB), based in Baotou, will handle the bank’s business operations.

Regulation 158

Regulation Lending Guidelines Maine 158

PYMNTS

MARCH 7, 2016

Banks may face tougher guidelines when it comes to how much they are required to spend to cover the risks that cyberattacks, fraud and fines pose to their operations. Basel regulations are international, voluntary guidelines for financial regulators to assure banking stability through stress tests and other measures.

Regulation 100

Regulation Guidelines Capital Operations 100

PYMNTS

AUGUST 27, 2019

Under the guidelines, which cover exchanges, trading platforms and wallet providers, the regulators state businesses are not exempt from standards that tie in anti-money laundering (AML) rules, among other mandates. CoinDesk reported that the exchange has targeted the DLT platform to be in place and operational by spring of 2021.

blockchain 145

blockchain Regulation Payments Bitcoin 145

PYMNTS

SEPTEMBER 13, 2019

So far, most data issues with tech companies have been handled on a case-by-case analysis, without specific regulatory guidelines. We need regulation,” she said in Copenhagen. “So Vestager was mainly trying to determine how Amazon operates with smaller companies, and whether it gives itself an advantage over them.

Regulation 108

Regulation Data Guidelines Maine 108

PYMNTS

DECEMBER 23, 2019

The Reserve Bank of India (RBI), in a move to protect the interests of consumers, has passed a regulation that says the allowable exposure of a lender to all of its borrowers should not go over Rs 50 lakh ($70,000) at any time on a peer-to-peer (P2P) platform, according to a report by Business Insider. “On

Lending 132

Lending Guidelines System ATM 132

PYMNTS

APRIL 10, 2017

New York’s financial regulator had a bold claim to offer over the weekend — she claimed that other states should use New York’s sweeping cybersecurity rules as a model for how insurers must protect their networks from hackers. New York also has clear guidelines for when and how firms have to report when there are hacks. “We

New York 110

New York Regulation Denver Guidelines 110

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. FIs in Fidor’s native Germany should by now be familiar with the standards set by GDPR, PSD2 and other regulations aimed at online banking.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

JULY 5, 2020

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. These guidelines help clarify how hemp should be treated and operate in the banking space,” said CEO Bruce Perlowin. “A Hemp Inc.,

US 352

US Nevada Arizona Guidelines 352

PYMNTS

JANUARY 23, 2020

New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according to Reuters. These guidelines warn about security interference from a third country in the supply chain of 5G networks, as well as the dangers of relying on only one vendor.

Guidelines 131

Guidelines Security Operations National 131

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

DECEMBER 18, 2020

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Report 274

Report United States social media Guidelines 274

PYMNTS

DECEMBER 17, 2019

In a move to prevent technology giants from having an unfair advantage, Japan is planning to increase regulations and demand transparency, Reuters reported on Tuesday (Dec. In September , Japan’s Fair Trade Commission announced that draft guidelines were in place that would promote tighter regulation of larger tech firms.

Guidelines 131

Guidelines Apple Google Regulation 131

PYMNTS

MAY 20, 2020

SCT Inst was developed in 2017 to establish operational guidelines by which all real-time payment rails in the EU are required to comply. Official guidelines and regulations can only go so far, however. This marked the first real-time payments regulatory framework in the region that addressed all EU countries.

Payments 210

Payments Guidelines Regional Strategy 210

Abrigo

JUNE 14, 2021

In the guidelines, OFAC identifies five key components that are not unlike the BSA program requirements that financial institutions have been implementing for years. As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors. Learn More.

Compliance 370

Compliance Training Resources Policies 370

Abrigo

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. Takeaway 2 Examining regulatory guidelines and matching up your current loan review process can help assess roles and procedures.

Lending 195

Lending Training Guidelines Policies 195

Chris Skinner

MARCH 10, 2017

The Prudential Regulatory Authority (PRA) has had guidelines in place for a while around using third party processors for critical functionality, like making payments. It must not cause detriment to the entity’s clients.

Regulation 219

Regulation Exercises Guidelines Data 219

PYMNTS

JUNE 18, 2020

The guidelines come as the AGA reports 621 casinos have opened in 29 states since June 12 while, others are making plans to do so. “The COVID-19 pandemic made it all the more important to advance our efforts to provide customers with the payment choice they are more comfortable with and have increasingly come to expect in their daily lives.”.

US 166

US Nevada Guidelines Regulation 166

PYMNTS

AUGUST 21, 2019

Separately, the Reserve Bank of India has published the final version of its guidelines for FinTechs under the document known as the “Enabling Framework for Regulatory Sandbox,” according to Crowdfund Insider. WhatsApp has also reportedly been in talks with Bank Mandiri, which operates as a state-owned bank that has its own digital wallet.

Fintech 174

Fintech Guidelines Policies Regulation 174

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

Abrigo

MAY 19, 2023

Policy guidelines usually include a written description of the overall credit grading process and establish responsibilities for the various loan review functions. They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines.

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

JULY 13, 2023

This means following regulatory guidelines, conducting thorough customer due diligence, assessing risks, and implementing a robust system to monitor and report suspicious activity. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” As regulatory, business and operating environments change, it is necessary to update risk approaches. 10, 2014 effective date.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

PYMNTS

OCTOBER 18, 2018

At the time, Heinz Tännler, finance director of the canton of Zug in Switzerland, told reporters that the nation would clarify financial regulations on providing banking services to crypto businesses by the end of the year. “Time is pressing,” he said.

Guidelines 213

Guidelines cryptocurrency blockchain National 213

PYMNTS

MAY 22, 2020

Treasury’s difficulties getting relief money to individuals, has renewed calls for the government to accelerate its FedNow national real-time payments network, still not expected to be operational until at least 2023. But the plight of American SMBs and consumers seems more pressing at the moment. Problem No.

Payments 344

Payments Policies Guidelines National 344

CFPB Monitor

MAY 18, 2021

The Board of Governors of the Federal Reserve System recently issued and invited public comment on proposed guidelines to be used by Federal Reserve Banks to evaluate requests for master accounts and/or access to Federal Reserve Bank (Fed) financial services, in order to support a more “transparent and consistent” approach to such requests.

Fintech 78

Fintech Guidelines Policies System 78

PYMNTS

NOVEMBER 4, 2020

regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”.

US 171

US Boston Regulation Data 171

Abrigo

AUGUST 7, 2023

Create a business continuity plan A business continuity plan is a document or procedure that details the necessary information an institution or organization needs to continue operating during an unplanned event. The main goal of a business continuity plan is to support critical company activities during a crisis.

Training 195

Training Fraud Leadership Resources 195

PYMNTS

JANUARY 22, 2021

And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. And I’d imagine the feeling among regulators has been that an organized money laundering effort could be policed because they [the casino] would actually see it happening. Untangling Red Tape.

Online 181

Online Tennessee Regulation Michigan 181

PYMNTS

AUGUST 30, 2016

The new rules make it easier for drone operators to fly drones because they no longer need to obtain a costly and time-intensive pilot’s license in order to operate the drone. Instead, operators now need to pass an aeronautical exam before they are allowed to fly. 29) at 8 a.m., 29) at 8 a.m.,

Guidelines 100

Guidelines Operations Regulation Marketing 100

PYMNTS

DECEMBER 2, 2019

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. according to the latest figures from the IRS, which monitors and regulates such organizations. There are approximately 1.56 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

FICO

JULY 13, 2020

Two months ago, I posted about why it is important for collections operations to adopt a forward-looking approach to debt management – basically the importance of having a clear and compelling vision. New guidelines from the FCA that call for operational resilience in collections reinforce this point. For too long.

Meeting 52

Meeting Operations Customer Experience Technology 52

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 7, 2020

Now there’s the Retail Industry Leaders Association (RILA) asking for help with mandating mask guidance regulations to protect store personnel. Social media has been full of news of anti-maskers wrecking displays – and weeks ago, even attacking a store clerk because of regulations requiring them to mask up inside stores.

Retail 151

Retail Groups social media Policies 151

Cisco

FEBRUARY 10, 2022

Throughout the pandemic, financial services firms have been prioritizing health and safety of their employees by implementing hybrid work while abiding by guidelines and regulations. A “Hybrid Work Powered” operating model for financial services firms should at the least have the following 5 characteristics : 1.

Security 149

Security Operations Guidelines User Experience 149

PYMNTS

MARCH 11, 2020

Regulators are passing stricter policies, as well as cracking down on anti-money laundering (AML), Know Your Customer (KYC) and sanctions noncompliance. The Reserve Bank of India recently released guidelines outlining an approved method that private companies could use for conducting KYC checks online by using videos.

Fraud 150

Fraud Payments Guidelines Regulation 150

PYMNTS

MAY 3, 2019

The violations involve “issuance and operation of Prepaid Payment Instruments (PPIs), in connection with certain product features of an open loop prepaid card (co-branded) previously issued by the bank,” Yes Bank said. In a letter to Yes Bank on Feb.

Guidelines 116

Guidelines Regulation Report System 116