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
Assertive regulators are bringing greater clarity and new challenges as they step up oversight of fintech innovation.
As the fast-growing fintech industry thrives, the sector has begun to attract greater regulatory...more
The French Data Protection Authority’s white paper discusses how companies can comply with data privacy and security obligations.
The use of card, contactless, and innovative digital payment solutions has significantly...more
11/9/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
CNIL ,
Consultation ,
Data Collection ,
Data Protection ,
Data Protection Authority ,
European Central Bank ,
European Data Protection Board (EDPB) ,
France ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Mobile Payments ,
Open Payments ,
Payment Systems ,
PCI-DSS Standard ,
Personal Data ,
Sensitive Personal Information ,
White Papers
The paper identifies potential gaps in protections for consumers, with a focus on consumer-to-business payments via the Faster Payments System.
In November, Pay.UK, the retail payments authority, released a summary paper...more
As contactless transactions boom, EU regulators publish draft guidelines on the interplay between the GDPR and PSD2.
Last year, more than half of all payments in the UK were made by card and contactless methods, while cash...more
11/4/2020
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Data Protection ,
EU ,
European Data Protection Board (EDPB) ,
Financial Institutions ,
General Data Protection Regulation (GDPR) ,
Member State ,
New Guidance ,
Payment Systems ,
Personal Data ,
PSD2
Call for input: market players need to engage with the process for the procurement of the NPA -
This Call for Input is part of the development of the Payment Systems Regulator’s (PSR) policy for the future regulation of...more
The BoE is seeking feedback on the Introductory Phase of the ISO 20022 migration, that will create a common language for payments data globally.
In 2018, the Bank of England (BoE) consulted on the adoption of ISO 20022 — a...more
The PSR is to consider whether there is effective competition in the market and makes clear that further reviews of the payments ecosystem could be triggered by its findings -
The Payment Systems Regulator (PSR) has...more