Regulatory

Initial legal opinion on PSD3 and Payment Services Regulation

[ad_1] After much anticipation, the European Commission (EC) has published its proposed revisions to EU payment services legislation, as well as a proposal on Open Finance/data access in the financial services sector beyond Open Banking/payment accounts in the form of a new Open Finance framework called “FIDA”. PSD3: Modernising payment services The following article is

Initial legal opinion on PSD3 and Payment Services Regulation Read More »

Global Sanctions Continue to Pose Significant Challenges for Financial Institutions

[ad_1] 76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its first-ever Global Sanctions Compliance survey. The survey canvassed decision makers at nearly 300 financial institutions around the world to understand how they are responding to Russia-related sanctions. Respondents

Global Sanctions Continue to Pose Significant Challenges for Financial Institutions Read More »

Digital identity rollout critical for digital wallet confidence and growth

[ad_1] UK organisations and consumers are ready to embrace a new era of digital identity according to a new report from Curity. The term digital identity is not new, it is a term that can refer to different concepts often with considerable overlap. The definition for this report is that digital identity is information used

Digital identity rollout critical for digital wallet confidence and growth Read More »

EU Unveils Sweeping Reforms to Drive Growth in Fintechs

[ad_1] The European Commission has introduced reforms to the regulations governing the electronic payments sector, among them, mitigating fraud by enabling the payment service providers to share information. It comes at a time the fintech ecosystem is growing. Also included in the revised Payment Services Directive are the measures that would extend the refund rights

EU Unveils Sweeping Reforms to Drive Growth in Fintechs Read More »

Balancing Innovation with Consumer Protection

[ad_1] Data has evolved as a significant currency in the quickly evolving field of financial technology (fintech), driving innovation, increasing user experiences, and improving financial services. However, this data-driven landscape creates serious privacy and ethical concerns. As fintech firms collect and analyze massive amounts of personal and financial data, finding a happy medium between innovation

Balancing Innovation with Consumer Protection Read More »

A Q&A with the EC

[ad_1] Instant payments are a relatively new type of credit transfer responding to the needs of an increasingly digitalised society. They allow funds to be transferred in a matter of seconds, at any time, day or night, and any day of the year. Implementing regulation for Instant Payments Instant payments are used increasingly worldwide. They

A Q&A with the EC Read More »

Standard Life Partners with TCS to Transform Customer Experience for European Policyholders

[ad_1] Tata Consultancy Services’ Digital Platform for Life and Pensions Powered by TCS BaNCS Enters Continental Europe; Will Transform the Insurer’s Operating Model in Germany and Austria Tata Consultancy Services (TCS) has entered into a strategic partnership with Standard Life International DAC (SLIDAC), a wholly owned subsidiary of the Phoenix Group, to transform its operating

Standard Life Partners with TCS to Transform Customer Experience for European Policyholders Read More »

Research and prototyping exercise confirm feasibility of digital euro

[ad_1] The European Central Bank (ECB) has published two reports on its market research and prototyping exercise, which were both conducted as part of the investigation phase of the digital euro project. Prototyping confirms feasibility of digital euro The Eurosystem invited market participants to take part in the market research to gain an understanding of the industry-specific knowledge and

Research and prototyping exercise confirm feasibility of digital euro Read More »

Scroll to Top