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Turning Compliance Burden Into FinTech-Regulator Collaboration

PYMNTS

Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment. Particularly amid the continuing uncertainty surrounding Brexit, FinTechs are turning to Lithuania to retain their European footholds and operate in a country that supports their innovative ambitions. Resuming Operations.

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In The UK (And Beyond), Taming The Crypto Wild West Through Regulation

PYMNTS

The headline statement is that crypto firms have traditionally operated in a regulatory environment that might charitably be likened to the “Wild West.” In addition, any firms that carry out crypto asset related activity within the scope of the FCA’s regulations must register with the authority before conducting business.

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10 Top banking podcasts you should be listening to

Abrigo

Banking with Interest Banking with Interest , hosted by former journalist Rob Blackwell and Intrafi Network, is a weekly podcast that headlines former regulators, current legislators, and banking industry reporters to discuss banking policy, commercial real estate risk , check fraud, and community bank consolidation.

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Could Regulation Prevent The Next Cyberattack?

PYMNTS

That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. To get more banks into the two-step authentication mix, Clarke recommends regulation, which would compel mandatory compliance. “A s National Health Service.

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The Rise Of ‘Intelligent Engagement’ In Corporate Banking

PYMNTS

And while the headlines may focus on the battle for the individual consumer’s share of wallet, banks are facing an increasingly competitive environment when it comes to getting — and, of course, keeping — corporate clients. as if they were operating in the U.K. Regulation and compliance might be burdens, but they can’t be excuses.”.

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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

As he told Webster, in previous iterations, the RTP system SPEI operated only during certain hours of the day, but now is 24/7, and the focus has, in the past few years, been on payments that are smaller than 8,000 pesos — which puts the bank’s emphasis squarely on small value, high volume retail transactions. Looking Ahead .

Payments 363
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Ekata CEO On The SCA Delay And The Future Of Authentication

PYMNTS

But a delay is not really a break – it just means more time for important work to be done, and for businesses and regulators to figure out what really works in the SCA space. Operational Concerns. based Emerging Payments Association (EPA) published a report on the impact of SCA on the payments experience. a password).