Tag: regulation
Payment companies need stringent approach to regulation following FCA open letter
After an open letter from the FCA took aim at 300 payment companies over ‘unacceptable risks’ being taken, UK payment firms have been urged...
Tink – Tasha Chouhan: ‘It’s imperative that frameworks keep pace with...
High inflation continues to impact the payment industry and increase the strain on the global economy as the cost-of-living crisis heightens.
Payment Expert spoke to...
Clearpay and HSBC warned by the ASA
BNPL firm Clearpay and HSBC both had complaints upheld by the Advertising Standards Authority in its latest round of weekly sanctions.
Complaints regarding Clearpay centred...
FCA sends warning over potential unregulated BNPL products
The Financial Conduct Authority (FCA) has issued a warning to companies that offer Buy Now, Pay Later (BNPL) services that some of the products...
Belgium seeks to clarify crypto classification
Clarity has been requested by Belgium’s Financial Service and Markets Authority (FSMA) on its proposed digital assets guidelines.
Outlined in a communications letter issued by...
Lithuania ends domiciled requirements for remote operators
The Seimas of Lithuania is continuing its reformation of the Baltic state’s gambling laws, approving new amendments to the national Gambling Law and the...
Reserve Bank of India to impose new rules for IT financial...
India’s central bank, the Reserve Bank of India (RBI), has revealed plans to impose new rules on its financial services for IT outsourcing.
Within the...
UKGC’s Andrew Rhodes: Crypto and NFT boundaries are becoming ‘increasingly blurred’
During UK Gambling Commission (UKGC) CEO Andrew Rhodes’ speech at the Gambling Regulation Conference, Rhodes highlighted the prevalence of cryptocurrencies and NFTs when it...
UK maintains plans to regulate stablecoins despite recent Crypto Crash
The British Treasury is foregoing with its plans to create a new regulatory framework for stablecoins as a form of payment currency amid last week’s...
Todd Crosland, CEO of CoinZoom: Effective regulation key for crypto adoption
As digital currency regulations have become increasingly complex, Todd Crosland, CEO of CoinZoom, writes for PaymentExpert on the challenges involved with the framework for...
