The UK’s consultation on deregulating commercial agents could have knock-on impacts on payment services and create regulatory divergence from the EU....more
8/20/2024
/ Agents ,
Consultation ,
Deregulation ,
E-Commerce ,
EU ,
European Commission ,
Online Marketplace ,
Payment Services Directive ,
Payment Systems ,
PSD2 ,
UK
The latest analysis of “smarter contracts” provides helpful guidance on the opportunities and potential legal and practical risks in adopting these technologies.
LawtechUK’s latest analysis of so-called smarter contracts...more
8/19/2022
/ Blockchain ,
Contract Formation ,
Contract Management ,
Cryptoassets ,
E-Commerce ,
Information Reports ,
Non-Fungible Tokens (NFTs) ,
Risk Assessment ,
Smart Contracts ,
Software ,
Technology ,
UK
Online retailers storing credit card data for the sole purpose of facilitating further purchases will likely need to obtain consumer consent.
Online shopping has boomed in recent years. In 2020, the European statistics...more
7/8/2021
/ Credit Cards ,
Data Collection ,
Data Processors ,
Data Storage ,
E-Commerce ,
EU ,
European Data Protection Board (EDPB) ,
General Data Protection Regulation (GDPR) ,
Internet Retailers ,
New Guidance ,
PCI-DSS Standard ,
Prior Express Consent ,
Retailers
While the payments industry scrambles to meet new standards for APIs, the FCA grants an extension for SCA compliance.
In an effort to evaluate the readiness of banks to comply with the revised EU Payment Services Directive...more
8/25/2019
/ APIs ,
Dear CEO Letter ,
E-Commerce ,
Electronic Payment Transactions ,
Enforcement Actions ,
EU ,
European Banking Authority (EBA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Internet Retailers ,
Payment Services Directive ,
PSD2 ,
UK