PYMNTS

JULY 29, 2016

A Cabinet document laid out the guidelines for registrations, fares, employment of drivers and how much they should get paid. According to a report , China’s Cabinet released its first rules governing ridesharing, telling local officials on Thursday (July 28) they should move full steam ahead to promote the industry made famous by Uber.

Guidelines 100

Guidelines Industry Regional Operations 100

PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. Regulators may have shifted their focuses away from these initiatives and toward making sure their customers have the financial access they need to survive the pandemic, but the long-term goals of. and the U.S. Similar to the U.K. Similar to the U.K.

Innovation 245

Innovation Regulation Digital Banking Security 245

Bobsguide

OCTOBER 16, 2018

When the Financial Stability Board (FSB) published its guidelines to national and regional regulators to encourage greater oversight into financial markets, even they couldn’t foresee the deluge of rules and compliance requirements those regulators would begin to craft. In Europe, the most.

Guidelines 115

Guidelines Report Data Regional 115

PYMNTS

OCTOBER 11, 2018

The People’s Bank of China has announced new anti-money laundering (AML) and counter-terrorism financing regulations for online financial institutions (FIs). China isn’t the only region dealing with these issues. According to Reuters , the new rules — which take effect on Jan.

Regulation 108

Regulation Online Bitcoin Guidelines 108

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

United States 174

United States Regulation cryptocurrency Cleveland 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

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

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

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Guidelines From The UK. The guidelines are being developed by the British Standards Institution, reports said last week. “We and MarketInvoice.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. News From The AML/KYC Ecosystem .

How To 170

How To blockchain Compliance Fraud 170

Abrigo

NOVEMBER 4, 2024

These foundational guidelines for suspicious activity monitoring should align with an institution’s risk profile, and actual practices must mirror written policies. With recent changes in AML regulations, such as FinCEN’s rule to strengthen and modernize financial institutions' AML/CFT programs, this step is also a regulatory mandate.

Training 195

Training Compliance System Regulation 195

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.

Fintech 167

Fintech Guidelines Mobile Examples 167

PYMNTS

SEPTEMBER 11, 2019

Different regions have their own unique payment rails, and no two abide by the same regulatory framework. Other initiatives are being spearheaded across regions. APIs serve as bridges connecting national or regional real-time payment rails. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

MARCH 18, 2020

Software-as-a-service (SaaS) platform Hotailers allows businesses transparency when it comes to contingent worker travel and making sure bookings meet regulations, expense limits and safety guidelines. Mobile expense management system Jojonomic, based in Southeast Asia, works with numerous entities in that region.

Guidelines 141

Guidelines Software Management Regional 141

PYMNTS

JANUARY 15, 2019

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

Fintech 148

Fintech St. Louis System Regulation 148

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.

Fintech 136

Fintech blockchain Maine Guidelines 136

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. open banking regulations. Plaid is unlocking payroll data to ease access to federal financing.

Data 167

Data Lending Regional Fintech 167

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

MARCH 25, 2019

The Netherlands, for instance, only recently implemented it because it needed to make sure that consumers’ personal data will remain protected, as payments in the region are mostly digital. The country was unenthused, she said, adding that the new PSD2 law is viewed as “a way of regulating activity that is in the market already.”.

Regional 108

Regional Regulation Data Payments 108

PYMNTS

MAY 8, 2020

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. This year was expected to be lucrative for online sports betting as it is the first since those regulations were created.

Online 176

Online Industry New Jersey Pennsylvania 176

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.

Metro 136

Metro Regional Fintech National 136

Insights on Business

MAY 16, 2019

Even regional banks may see dozens of individual compensation plans—and large tier-one banks may see hundreds. New regulations impacting employee compensation and incentives include the Federal Reserve Guidelines on Incentive Compensation and the Dodd–Frank Wall Street Reform and Consumer Protection Act. Plan evaluation.

Management 143

Management Study Case Study Regulation 143

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.”

Fintech 105

Fintech Guidelines blockchain cryptocurrency 105

American Banker

OCTOBER 10, 2023

The Federal Deposit Insurance Corp. issued a proposal requiring larger banks to implement a three-line-of-defense risk management model and increased board independence in response to observed weaknesses in corporate governance during past financial crises and recent bank failures.

Guidelines 36

Guidelines Regional FDIC Risk Management 36

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. While such a move might be unprecedented in the U.S., Among the most significant GDPR components is the need for enhanced authentication.

Data 119

Data Compliance social media Regulation 119

PYMNTS

JULY 16, 2018

“[ITS-G5] places Europe at an economic disadvantage compared with other regions of the world – including China and the United States – where C-V2X is emerging as a strong technology candidate for C-ITS,” the companies said. Some European countries also favor the 5G connection standard. Wi-Fi Favor.

United States 130

United States Technology Guidelines Data 130

PYMNTS

MAY 30, 2016

Wells told reporters that it has its own guidelines to asses whether it will lend to a business or not. “Regulators don’t make our loan decision for us,” the bank’s head of corporate and commercial banking and treasury management, Perry Pelos, told reporters.

Analysis 100

Analysis America Guidelines Lending 100

PYMNTS

JANUARY 31, 2019

They’re on the hook with regulators should something go wrong, after all. The threat of fraud forces fundraising platforms into a delicate balancing act, one in which they must comply with various region-specific regulatory rules while continually updating their client-safety approaches.

Tennessee 108

Tennessee social media Fraud Guidelines 108

Jeff For Banks

SEPTEMBER 5, 2016

I have seen banks with former regulators on the board fail, and banks with farmers on their board thrive. There were no former regulators on the boards of the above banks. In April 2017, Delaware Place Bank in Chicago was placed under a Consent Order (CO). I do not think there is one answer for all.

Chicago 60

Chicago Study Delaware Regional 60

PYMNTS

AUGUST 19, 2016

Its ranking as the world’s second largest economy has made it a hotspot for many global banking and financial firms looking to set up regional headquarters. Tokyo is well-known for its strong economy and significant presence in the financial world. But the government’s efforts to ease investment restrictions could be a game changer.

Fintech 100

Fintech Mobile Guidelines System 100

Social Assurance

MAY 22, 2020

To help you prepare, we created this overview of the critical changes in regulation. Since CRA was enacted in 1977, financial institutions conduct a bevy of qualifying activities that vary from region to region, bank to bank. Revised Reporting Guidelines. Expanded Qualifying Activities for CRA Consideration. Key Takeaway.

Compliance 29

Compliance Regulation Community Guidelines 29

American Banker

NOVEMBER 10, 2016

Banks have been waiting on Justice Department guidelines on how to make their websites compliant with the Americans with Disabilities Act, but many are being advised to take action now or face lawsuits from disabled customers.

Guidelines 53

Guidelines How To Community Bank Regional 53

FICO

DECEMBER 13, 2017

In 2017, collections professionals were being pulled in multiple directions at once by regulations, digital transformation, customer demands and new ways of working. The regulations alone — IFRS 9, GDPR, PSD2, NPLG — are enough to make remembering your day job a challenge. Regulations.

Regulation 45

Regulation Guidelines Trends Millennials 45

CFPB Monitor

MAY 10, 2019

Participating in the discussions for the Bureau were Acting Deputy Director Brian Johnson, Research, Markets, and Regulations Policy Associate Director Tom Pahl, and Director Kraninger.

Industry 68

Industry Philadelphia Pennsylvania Analysis 68

FICO

SEPTEMBER 29, 2020

Across all markets, regulation moved quickly around payment holidays and moratoriums for both the consumers and SMEs. The payment holidays didn’t follow the traditional forbearance guidelines, as almost everyone qualified. Topic 1: What blind spots do you have in your customer risk and treatment profiling? Invention or Adoption?

Management 87

Management Analytics Data System 87

PYMNTS

APRIL 6, 2018

With new and clear guidelines, cyclists, delivery workers and businesses alike will now understand exactly what devices are allowed.”. The news was particularly good for JUMP, a NYC-based bikesharing startup that can’t offer its pedal assist bikes in its hometown due to local regulations. and Sacramento.

Apple 100

Apple San Francisco New York Sacramento 100