Compliance

The 46th president's agenda for financial regulation is already moving ahead, based on the people he's chosen to put in key roles.

The Paris-based fintech has added a range of extra features in recent years following the advent of PSD2 and open banking in the EU.

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group and its biggest rival Tencent Holdings.

The 46th president's agenda for financial regulation is already moving ahead, based on the people he's chosen to put in key roles.

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

Some companies cut off the flow of cash to insurrectionists, while others put a halt to their political spending. Their actions came quickly after the events of Jan. 6.

In placing the $6.6 million-asset institution in conservatorship, the regulator has taken charge of two credit unions in just the first two weeks of the year.

Fresh market interest and government action have created a chance for payment technology providers like Circle to promote blockchain-powered transactions.

In a party-line vote, the agency issued a proposal that would redefine a "complex" credit union.

After calling off its bid to buy the data aggregator Plaid, the card network is shifting its focus back to its role as an enabler of digital payments and related services.

A Democratic majority in Washington may help advance a number of key legislative issues for the industry, such as passage of a national data security standard. However, it could also lead to a renewed focus on consumer protection laws.

Visa and Plaid have terminated their tie-up and reached an agreement with the Department of Justice to dismiss the litigation brought against them when the deal raised antitrust questions.

PayPal Holdings Inc. and GiveSendGo have parted ways after the Christian crowdfunding site helped raise funds for people who attended last week’s violent event in Washington.

Silicon Valley's largest companies are rapidly distancing themselves from outgoing President Donald Trump, following last week's right wing domestic terrorist attack on the Capitol.

Revolut Ltd., one of Europe’s largest startups, has asked U.K. regulators for a full banking license to fuel expansion beyond its fintech roots.

Thousands of U.S. merchants are weighing measures to freeze acceptance of Alipay and WeChat, two of the eight Chinese mobile payment apps that would be blocked if outgoing President Trump’s recent executive order goes into effect.

PayPal Holdings closed an account held by Joy In Liberty, one of the groups that paid for supporters of President Donald Trump to travel to Washington, where mobs stormed the U.S. Capitol on Wednesday.

American Express is reportedly under investigation by a top federal agency exploring allegations of unethical sales tactics by the company’s small-business credit card sales representatives.

While some legislatures have extended provisions temporarily allowing online notaries, other lawmakers are pushing for those rules to be made permanent.

History will remember Wednesday for the anti-democracy domestic terrorism that resulted in death, injuries and damage inside the U.S. Capitol — but did not thwart the process of confirming the presidential election. It was also a day that Georgia's Senate runoff gave much-needed clarity to the fintech sector.