Payments Dive

JUNE 7, 2023

“As the CFPB prepares to release new regulatory guidance on BNPL providers, it is important that any new regulations do not stifle the industry's growth and limit its availability,” writes one checkout services CEO.

Regulation 195

Regulation Industry 195

Bank Innovation

JANUARY 6, 2017

Professionals in the financial services industry are focusing their energy on regulation and data management, according to a survey from consulting firm and technology services provider Synechron.

Regulation 210

Regulation Industry Management Data 210

Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Fraud Detection Banks are increasingly turning to AI-powered solutions to effectively detect and prevent fraudulent activities.

Trends 221

Trends Industry Analytics Compliance 221

Perficient

APRIL 2, 2021

The RFI also solicits the industry’s views on the use of AI in financial services to assist in determining whether any clarifications from the agencies would be helpful for the use of AI in a safe and sound manner. Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection.

Regulation 309

Regulation Industry Risk Management Analysis 309

Perficient

MAY 27, 2022

For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. Regulatory cryptocurrency regulations are most fluid at the state level. State Regulations. SEC Regulation. Central Bank Digital Currency (CBDC) ).

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Payments Dive

APRIL 27, 2023

Attorneys and payments professionals called out recent areas of interest for regulators during the Electronic Transactions Association’s conference this week in Atlanta.

Atlanta 261

Atlanta Industry Conference Payments 261

CFPB Monitor

APRIL 3, 2023

On March 30, 2023, the White House endorsed several proposals to strengthen regulatory requirements for the banking industry in the wake of the Silicon Valley Bank and Signature Bank failures.

Regulation 78

Regulation Industry FDIC Community Bank 78

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. Around The Data Protection World.

Industry 298

Industry Regulation Data Study 298

The Financial Brand

APRIL 8, 2024

This article How Should Regulations Evolve to Keep Up with the Banking Industry? A handful of new changes in revenue models for the banking industry may call for new liquidity regulations. This article How Should Regulations Evolve to Keep Up with the Banking Industry? appeared first on The Financial Brand.

Regulation 30

Regulation Industry Branding Banking Trends 30

Abrigo

MAY 19, 2023

Introduction How regulators define successful loan reviews Mark Twain observed, “A thing long expected takes the form of the unexpected when at last it comes.” So, let’s get a sense of what regulators specifically expect loan review to do, and let’s start with loan review systems.

System 195

System Regulation How To Lending 195

PYMNTS

NOVEMBER 4, 2020

Trade finance players, including corporates, banks and regulators, are finally ready to embrace modernization and technology. As a highly regulated area of financial services, trade finance has struggled to enter the digital age. Previously, regulation was very slow in adapting and approving of different technology," he said.

Regulation 234

Regulation Tools Compliance Technology 234

PYMNTS

JANUARY 1, 2021

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

Regulation 352

Regulation social media Course Apple 352

PYMNTS

NOVEMBER 13, 2020

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten FinTech acceleration, according to a Bloomberg report on Friday (Nov. The regulators are looking more closely at transaction-based platforms, Lau said, per Bloomberg.

Regulation 227

Regulation social media Video Groups 227

PYMNTS

DECEMBER 21, 2020

Booking was "disappointed" in the actions being taken, according to Reuters, saying it planned to continue being a good neighbor to partners in Russia and securing demand for services needed for the sector's recovery from the COVID-19 pandemic, which has been brutal for the Russian hospitality industry.

Regulation 217

Regulation Industry US Security 217

PYMNTS

NOVEMBER 13, 2020

But in the alcohol beverage arena, unique regulations — many of which date back to the era of prohibition — have added an extra layer of complexity to the supply chain. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Navigating B2B Payments Compliance.

Industry 219

Industry Payments Retail Regulation 219

CFPB Monitor

MAY 25, 2023

As the financial services industry continues to monitor the proceedings in Community Financial Services Association of America v. Continue Reading

Groups 78

Groups Industry Regulation National 78

PYMNTS

MARCH 22, 2019

The Internet of Things (IoT) has firmly taken hold, with new applications — focusing on the support of consumer, business and industrial use cases — now being developed and rolled out regularly. With increased adoption, though, comes a need for improved regulations, and both the European Telecommunications Standards Institute (ETSI) and U.S.

Regulation 189

Regulation Security Data Industry 189

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Humans are resilient, and difficult times that require change is not foreign to the financial services industry. This frequency of communication to the financial services industry is abnormal to say the least.

Regulation 195

Regulation Fraud Compliance Trends 195

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Humans are resilient, and difficult times that require change is not foreign to the financial services industry. This frequency of communication to the financial services industry is abnormal to say the least.

Regulation 195

Regulation Fraud Compliance Lending 195

PYMNTS

JANUARY 24, 2020

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. Microsoft , as well as its president, has been asking regulators to make legislation on artificial intelligence (AI) for months.

Washington 229

Washington Regulation Software Examples 229

American Banker

DECEMBER 12, 2023

Integrating artificial intelligence into the world of banking and finance must be a cooperative effort between the industry and regulators. It's important that the discussions start now.

Regulation 84

Regulation Industry Compliance 84

Gonzobanker

NOVEMBER 22, 2022

Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand. Welcome to adulthood, y’all. What’s Next? But please, don’t get cocky.

Regulation 179

Regulation blockchain Marketing Strategy 179

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. The Chinese AI industry would be worth $143 Billion by 2030. The risk and safety lines with AI in China in the finance sector appear to be blurring. trade war.

Regulation 202

Regulation Groups Policies Big Data 202

Bank Innovation

DECEMBER 18, 2018

A majority of Bank Innovation readers do not believe the results of the November midterm elections will have any impact on regulation pertaining to the fintech industry.

Regulation 210

Regulation Fintech Innovation Industry 210

PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. Chinese financial regulators called Ma and his leadership team to answer questions on the eve of the company’s stock market debut.

Regulation 158

Regulation Groups Operations Lending 158

CFPB Monitor

DECEMBER 5, 2023

Last week, Bloomberg Law reported that “Consumer Financial Protection Bureau officials have privately told industry executives that the regulator will likely unveil its long-awaited plan to crack down [on overdraft fees] in December, according to people familiar with the discussions. Continue Reading

Regulation 78

Regulation Report Industry 78

PYMNTS

APRIL 16, 2019

However, as IoT continues to proliferate in more industries and use cases, concerns about data privacy have quickly followed, with consumers and lawmakers ra ising concerns about attacks from bad actors. Another recently introduced piece of legislation aims to protect individuals by regulating facial-recognition cameras.

Regulation 204

Regulation Data Nevada blockchain 204

PYMNTS

JUNE 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The DFS actions announced today, in consultation with numerous industry participants and the public, will boost responsible innovation and help get New York’s economy back on its feet.”.

New York 240

New York cryptocurrency Regulation Innovation 240

Accenture

MARCH 23, 2017

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We think about RegTech as technology that lowers the “cost” (technical, physical, monetary) of regulation by using technology. Now—what does RegTech mean? RegTech means… RegTech!

Regulation 150

Regulation Industry Trends Compliance 150

Accenture

MARCH 23, 2017

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We think about RegTech as technology that lowers the “cost” (technical, physical, monetary) of regulation by using technology. Now—what does RegTech mean? RegTech means… RegTech!

Regulation 150

Regulation Industry Trends Compliance 150

American Banker

JUNE 12, 2023

and Canada don't develop a coherent framework for regulating the industry, North America risks broader losses to other growing industries, like fintech and artificial intelligence. If the U.S.

Regulation 86

Regulation Innovation America Fintech 86

PYMNTS

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times. The ASIC inquiry found misconduct in the financial industry as well as a lack of enforcement.

Compliance 108

Compliance Regulation Industry National 108

CFPB Monitor

JANUARY 3, 2024

This New Year is setting up to be a momentous one for the consumer financial services industry in the United States Supreme Court.

Industry 97

Industry United States National Regulation 97

Payments Dive

JANUARY 12, 2024

State lawmakers and regulators are out-running their national peers in giving direction to the fast-evolving payments industry.

US 274

US Payments National Regulation 274

Payments Dive

JANUARY 31, 2024

The industry faces more upheaval this year as legacy companies and upstart fintechs jockey for the upper hand, and regulators monitor the competition closely.

Payments 222

Payments Regulation Fintech Industry 222

Bank Innovation

JULY 4, 2019

The Office of the Comptroller of the Currency (OCC) is pushing ahead with its Innovation Pilot Program, a mechanism that will allow regulators to work with financial services companies as new products are being developed.

Industry 186

Industry Innovation Regulation Company 186