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Category: Policy and Regulation

Shift4 Payments and SEC Settle Disclosure Violation: Key Insights and Implications

Shift4 Payments and SEC Settle Disclosure Violation: Key Insights and Implications

supportJan 14, 2025

The SEC’s recent enforcement action against Shift4 has highlighted serious compliance issues regarding financial disclosures. The company failed to adequately report significant compensation to family…

India Postpones Deadline for UPI Market Share Cap: What It Means for Digital Payments

India Postpones Deadline for UPI Market Share Cap: What It Means for Digital Payments

supportJan 13, 2025

The National Payments Corporation of India (NPCI) has postponed the implementation of a 30% market share cap for third-party app providers (TPAPs) from the end…

CFPB Targets Digital Payment Privacy: Strengthening Consumer Protections in the Digital Age

CFPB Targets Digital Payment Privacy: Strengthening Consumer Protections in the Digital Age

supportJan 13, 2025

The Consumer Financial Protection Bureau (CFPB) is seeking public feedback to improve protections for users of digital payment systems outside traditional banking. This initiative focuses…

Unlocking Private Finance: The Impact of Mainstream Biodiversity on Investment Strategies

Unlocking Private Finance: The Impact of Mainstream Biodiversity on Investment Strategies

supportJan 11, 2025

Anita de Horde, co-founder of the Finance for Biodiversity Foundation, emphasized the urgent need to transition from philanthropy to sustainable financing for biodiversity initiatives in…

EBA Unveils Comprehensive Final Guidelines for Effective ESG Risk Management

EBA Unveils Comprehensive Final Guidelines for Effective ESG Risk Management

supportJan 11, 2025

Financial institutions are increasingly focusing on ESG (Environmental, Social, and Governance) risks, guided by new protocols to effectively identify, manage, and monitor these risks in…

European Court of Auditors Raises Red Flags on EU Price Interventions in Card Market

European Court of Auditors Raises Red Flags on EU Price Interventions in Card Market

supportJan 11, 2025

Between 2017 and 2023, EU digital payments for retail sales more than doubled, surpassing €1 trillion, crucial for the internal market and cross-border transactions. A…

CFPB Approves FDX to Launch Open Banking Standards: A New Era in Financial Innovation

CFPB Approves FDX to Launch Open Banking Standards: A New Era in Financial Innovation

supportJan 11, 2025

In October, the Consumer Financial Protection Bureau (CFPB) launched its Personal Financial Data Rights rule, requiring financial institutions to provide consumers easy access to their…