Payments Dive

JANUARY 3, 2024

Kathy Hochul is seeking to require buy now, pay later providers to obtain a license to operate in the state, in addition to other potential regulations for the industry. New York Gov.

Regulation 433

Regulation New York Operations Industry 433

Perficient

DECEMBER 18, 2023

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. By streamlining processes and ensuring compliance with regulations, banks can reduce the likelihood of errors, fraud, and other operational inefficiencies that could threaten their stability.

Regulation 473

Regulation Compliance Exercises Guidelines 473

Payments Dive

NOVEMBER 20, 2023

Adapting to regulation could be a costly endeavor for BNPL companies already facing losses and more expensive funding costs, Moody’s analysts said.

Regulation 395

Regulation Company 395

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 15, 2024

and European regulators have joined forces to monitor digital payment concerns, including those related to buy now, pay later financing and big tech market participation.

Regulation 284

Regulation US Payments Marketing 284

Payments Dive

NOVEMBER 2, 2023

Regulators in the Netherlands, South Korea and Australia have targeted the tech giant’s payments business, and antitrust litigation is brewing in the U.S.

Regulation 259

Regulation Payments 259

Payments Dive

APRIL 5, 2024

“Attempts to regulate EWA as credit threaten worker access to this innovative and consumer-friendly financial tool,” writes one earned wage access industry CEO.

Regulation 243

Regulation Tools Innovation Industry 243

Payments Dive

SEPTEMBER 16, 2022

The Biden administration wants the Securities and Exchange Commission and the Commodity Futures Trading Commission to “aggressively pursue investigations and enforcement actions against unlawful practices in the digital assets space.”

Regulation 367

Regulation Security 367

Payments Dive

JANUARY 16, 2025

The digital payments provider agreed to pay penalties to the Consumer Financial Protection Bureau and a group of states under settlements that alleged the company violated banking laws.

Regulation 435

Regulation Groups Payments Company 435

Payments Dive

SEPTEMBER 13, 2023

Discover executives met with regulators on the issue Monday, and the company expects further discussion, CFO John Greene said.

Regulation 243

Regulation Company 243

TheGuardian

APRIL 1, 2025

Financial Conduct Authority tells supreme court the 44bn bill could spook businesses and threaten UK investment A court of appeal ruling that has left lenders fearing PPI-level compensation bills over the motor finance commission scandal goes too far, the City regulator said on Monday.

Regulation 94

Regulation 94

Payments Dive

MAY 11, 2022

The coin, which relies on an algorithm rather than being backed by dollar reserves, plummeted to 23 cents Wednesday, according to CoinDesk.

Regulation 396

Regulation 396

TheGuardian

NOVEMBER 15, 2024

New remit given to FCA by chancellor raises fears of a weakening of rules meant to avert another financial crisis The financial regulator has been ordered to encourage more risk-taking across the City, raising concerns that the Labour government is in danger of watering down rules meant to avoid another financial crisis.

Regulation 106

Regulation Management 106

Payments Dive

MARCH 4, 2024

A Mastercard executive painted Regulation II as potentially harmful to consumers, while Fiserv’s CEO said it was an appropriate update due to the rise of online transactions.

Regulation 221

Regulation Online 221

TheGuardian

JANUARY 8, 2025

Bank of England says it is rowing back on overcooked regulations introduced after financial crisis The Bank of England plans to slash the reporting burden on UK banks and allow insurers to make riskier investments without initial approval, as it comes under government pressure to ease regulations introduced after the financial crisis.

Regulation 68

Regulation Report Industry 68

Perficient

OCTOBER 15, 2024

Lets talk about data governance in banking and financial services, one area I have loved working in and in various areas of it … where data isn’t just data, numbers aren’t just numbers … They’re sacred artifacts that need to be protected, documented, and, of course, regulated within an inch of their lives.

Tools 221

Tools Data Compliance Regulation 221

ABA Community Banking

MARCH 28, 2025

Banking regulators announced they intend to rescind the 2023 Community Reinvestment Act final rule in light of pending litigation. The post Banking regulators to rescind 2023 Community Reinvestment Act rule appeared first on ABA Banking Journal. They will instead reinstate the CRA framework that was in place before the rule.

Community 64

Community Regulation FDIC Community Bank 64

Chris Skinner

FEBRUARY 13, 2020

A decade ago, we talked about the financial crisis, technology, regulations and compliance.

Technology 501

Technology Compliance Regulation Digital Banking 501

TheGuardian

DECEMBER 29, 2024

From 1 January, the Bank of England and the Financial Conduct Authority will be handed powers to regulate companies that are becoming a crucial part of the day-to-day operations of the increasingly digital banking and payments sector. Continue reading.

Regulation 82

Regulation Google Digital Banking Operations 82

Chris Skinner

FEBRUARY 6, 2020

I often talk about how banks have five times more regulation than technology firms.

America 520

America Regulation Technology 520

Payments Dive

SEPTEMBER 11, 2023

“I think a fair amount of our competitors believe that they’ll either talk their way out of [regulatory attention] or hide,” Affirm CEO Max Levchin said.

Regulation 259

Regulation 259

Accenture: Banking

APRIL 26, 2022

Now, regulations that would improve the transparency of ESG ratings have just moved closer. The International Regulatory Strategy Group (IRSG), in the UK, has declared its support for the regulation…. But too often these sustainability assessments are opaque and inconsistent.

Regulation 479

Regulation Strategy Groups Company 479

Abrigo

NOVEMBER 18, 2024

Prepare for regulator scrutiny on interest rate risk & liquidity Banks and credit unions that aren't paying attention to these critical issues can expect a tough review. With the uncertain economic outlook, regulators and examiners have been regularly conveying their top priorities for banks and credit unions.

Risk Management 195

Risk Management Regulation Policies Management 195

Perficient

OCTOBER 27, 2022

In addition, the regulators are trying to keep as many resolution options as possible open for the FDIC to resolve a firm in a way that minimizes the long-term risk to the Deposit Insurance Fund (DIF).

Capital 275

Capital Regulation FDIC Regional 275

Perficient

MARCH 22, 2023

We’re putting this into practice and offering our predictions concerning what regulations may arise once the dust has settled. The Tier 1 leverage capital ratio of the firm was 8.11%, more than twice the 4.00% required by regulators. But the fault is the regulators’, right? It’s better to learn from other people’s mistakes.”

Report 474

Report Regulation Capital Management 474

Payments Dive

APRIL 28, 2020

Spurred on by rapid change in government regulations and millions of underserved consumers in the finanical space, Brazil may be on the verge of becoming a major player in the global fintech space.

Fintech 494

Fintech Regulation 494

Payments Dive

JANUARY 18, 2023

From buy now, pay later to peer-to-peer payment fraud, there’s no shortage of payments targets for lawmakers and regulators.

Washington 476

Washington Payments Fraud Regulation 476

Payments Dive

MARCH 10, 2022

Some consumers are charging buy now-pay later installment payments to their credit cards, and that should serve as a "warning flag" to regulators, said three economists who authored the research paper.

Study 476

Study Regulation Cards Payments 476

Payments Dive

NOVEMBER 16, 2022

The CEOs of Brex, Splitit and Paystand weigh in on what’s to come in the year ahead, commenting on the trends, challenges, regulation and M&A.

Trends 455

Trends Regulation Payments 455

Payments Dive

SEPTEMBER 8, 2023

“Regulations imposed by Big Tech firms have a big impact on whether consumers and businesses can make payments using third-party apps,” CFPB Director Rohit Chopra said in a Thursday press release.

Google 459

Google Apple Regulation Payments 459

Perficient

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This blog was co-authored by Carl Aridas and Joel Thimsen. Build a reliable risk management strategy using accurate estimations and predictions.

Industry 221

Industry Regulation Compliance Data 221

Payments Dive

MARCH 4, 2024

Federal regulators reviewing whistleblower allegations related to Block’s Cash App may act on the complaints this year, predicted an attorney for the complainants.

Regulation 443

Regulation 443

Payments Dive

FEBRUARY 15, 2021

This announcement comes as banks and regulators appear to be warming to digital assets, and as Bitcoin continues to gain value and attention. Virginia-based Blue Ridge Bank is partnering with ATM operator BluePoint ATM Solutions and Bitcoin ATM software provider LibertyX to facilitate access to the cryptocurrency.

Virginia 468

Virginia ATM Bitcoin cryptocurrency 468

Chris Skinner

APRIL 28, 2020

Having announced their idea to create a global currency last summer, and then see it ripped to pieces by regulators, they’re back. That’s Libra’s ambition and I’ve got to hand it to the guys at Libra. Yes, it’s Libra 2.0. What’s … The post Is Facebook’s Libra the next Paypal?

Regulation 483

Regulation Security blockchain Fintech 483

Accenture: Banking

OCTOBER 31, 2023

So why is the EU proposing to enhance it with the new Payment Services Directive 3 (PSD3) and Payment Services Regulations (PSR) package, and what does this entail? PSD2 helped drive electronic payment and data-sharing volumes while enhancing security. 1) Gaps in the regulatory application of PSD2.

Payments 486

Payments Regulation Security Data 486